2-bed · 1,927 sqftFairways Lofts, The Views · 4th floor · completed 2008

403, Fairways Lofts

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 3M10 August 2023
Current rentAED 130K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Fairways Lofts

What is 403 worth today?

Last sold for AED 3,000,000 in 2023

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10 Aug 2023SoldReady
AED 3,000,000AED 1,556 per sqft
5 Jul 2023RentedRenewal
AED 130,000/yr12 months · AED 67 per sqft
4 Jul 2022RentedRenewal
AED 130,362/yr12 months · AED 68 per sqft
3 Jul 2020RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
3 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
17 Dec 2013SoldReady
AED 3,000,000AED 1,556 per sqft
16 Jun 2013SoldReady
AED 2,600,000AED 1,349 per sqft
2 May 2010Sold by developerReady
AED 1,719,888AED 892 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
2-bed apartment
Size
1,927 sqft
Floor
4th of 4
Parking
P2-48
Developer
Emaar
Completed
2008
Service charge
AED 31,800 /yr
Last sold
AED 3M · August 2023

About 403, Fairways Lofts

403 is a two-bedroom apartment of 1,927 sqft on the 4th floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. It last sold on 10 August 2023 for AED 3,000,000, or AED 1,556 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 130,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 31,800 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Fairways Lofts
2M3M2010201420182022Typical sale price by year: 2010 AED 1,719,888; 2013 AED 2,612,500Sold by developer, May 2010: AED 1,719,888 (AED 892 per sqft)Sold, June 2013: AED 2,600,000 (AED 1,349 per sqft)Sold, December 2013: AED 3,000,000 (AED 1,556 per sqft)Sold, August 2023: AED 3,000,000 (AED 1,556 per sqft)

403 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Fairways Lofts
150K200K20132016201920222025Typical rent by year: 2013 AED 172,500; 2015 AED 200,000; 2016 AED 200,000; 2017 AED 200,571; 2018 AED 170,000; 2019 AED 145,000; 2020 AED 130,000; 2021 AED 132,500; 2022 AED 160,000; 2023 AED 170,000; 2024 AED 216,000New contract, July 2019: AED 140,000 a yearRenewal, July 2020: AED 135,000 a yearRenewal, July 2022: AED 130,362 a yearRenewal, July 2023: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Fairways Lofts, and where 403 sits

All 11 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
8 Mar 20243,125,000
17 Nov 20233,200,000
11 Apr 20222,500,000
17 Aug 20212,700,000
0 2-bed sales in the last 12 months

Fairways Lofts

Building

21 apartments, 1-bed to 2-bed over 4 floors in The Views, completed in 2008 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 213K /yr
Typical yield
Fairways Lofts, The Views: prices, sales and rents →

Other units on the 4th floor

All 21 units in Fairways Lofts
Value
4012-bedAED 1.59M · Jan 2016
4022-bedAED 3.2M · Nov 2023
4042-bedAED 900K · Nov 2010
4052-bedAED 900K · Nov 2010
4062-bedAED 2.8M · Dec 2016
4072-bedAED 1.95M · Dec 2020
4082-bedAED 2.65M · Sep 2013
1–7 of 10

403, Fairways Lofts in numbers

  • Sold 4 times: first on 2 May 2010 for AED 1,719,888, last on 10 August 2023 for AED 3,000,000 (AED 1,556 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 140,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 31,800 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 10 August 2023.

Questions about 403, Fairways Lofts

What did unit 403 last sell for?

AED 3,000,000 on 10 August 2023: AED 1,556 per sqft for 1,927 sqft. The unit has 4 registered sales; the first was AED 1,719,888 in May 2010.

What is the rent for unit 403?

AED 130,000 a year on the contract renewed on 5 July 2023. The previous contract, from July 2022, was AED 130,362; the unit has been rented since July 2019.

How big is unit 403?

1,927 sqft (179.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2008.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 403, Fairways Lofts

Starts from the last sale price (AED 3M, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →