405, Fairways Lofts
Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Fairways Lofts
What is 405 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,927 sqft
- Floor
- 4th of 4
- Parking
- P2-1
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 31,800 /yr
- Last sold
- AED 900K · November 2010
- Building
- Fairways Lofts
About 405, Fairways Lofts
405 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 23 November 2010 for AED 900,000, or AED 467 per sqft, 48% below the AED 892 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 November 2024, is AED 230,000 a year: a gross yield of 25.6% on the 2010 price, before the service charge of about AED 31,800 a year.
Sales and rents for 405 over time
405 has sold twice; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 11 2-beds →405 last sold in November 2010 at AED 467 per sqft, 48% below what two-beds in Fairways Lofts were fetching at the time (AED 892).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Mar 20248 March 2024 | 1,777 sqft | 3,125,000 | 1,758 | ||
| 17 Nov 202317 November 2023 | 1,930 sqft | 3,200,000 | 1,658 | ||
| 10 Aug 202310 August 2023 | 1,927 sqft | 3,000,000 | 1,556 | ||
| 11 Apr 202211 April 2022 | 1,777 sqft | 2,500,000 | 1,406 |
Fairways Lofts
Building21 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
Other units on the 4th floor
All 21 units in Fairways Lofts| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,777 sqft | AED 1.59MAED 1,594,888 · Jan 2016January 2016 | 160,000 /yr | |
| 402 | 2-bed | 1,930 sqft | AED 3.2MAED 3,200,000 · Nov 2023November 2023 | 156,000 /yr | |
| 403 | 2-bed | 1,927 sqft | AED 3MAED 3,000,000 · Aug 2023August 2023 | 130,000 /yr | |
| 404 | 2-bed | 1,926 sqft | AED 900KAED 900,000 · Nov 2010November 2010 | 230,000 /yr | |
| 406 | 2-bed | 1,920 sqft | AED 2.8MAED 2,800,000 · Dec 2016December 2016 | ||
| 407 | 2-bed | 2,013 sqft | AED 1.95MAED 1,950,000 · Dec 2020December 2020 | 160,000 /yr | |
| 408 | 2-bed | 1,926 sqft | AED 2.65MAED 2,650,000 · Sep 2013September 2013 | 275,000 /yr | |
| 409 | 2-bed | 1,927 sqft | AED 2.7MAED 2,700,000 · Jul 2019July 2019 | ||
| 410 | 2-bed | 1,930 sqft | AED 2.7MAED 2,700,000 · Aug 2021August 2021 | 155,418 /yr | |
| 411 | 2-bed | 1,777 sqft | AED 3.13MAED 3,125,000 · Mar 2024March 2024 | 136,008 /yr |
405, Fairways Lofts in numbers
- Sold twice: first on 2 May 2010 for AED 1,719,888, last on 23 November 2010 for AED 900,000 (AED 467 per sqft).
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 230,000 by November 2024.
- At AED 230,000 a year the gross yield on the 2010 price is 25.6%, before a service charge of about AED 31,800 a year (AED 16.48 per sqft).
Source: Dubai Land Department. Updated 15 November 2024.
Questions about 405, Fairways Lofts
What did unit 405 last sell for?
AED 900,000 on 23 November 2010: AED 467 per sqft for 1,927 sqft. The unit has 2 registered sales; the first was AED 1,719,888 in May 2010.
What is the rent for unit 405?
AED 230,000 a year on the contract signed on 15 November 2024. The previous contract, from July 2024, was AED 180,000; the unit has been rented since July 2013.
How big is unit 405?
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 405 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 405, Fairways Lofts
Starts from the last sale price (AED 900K, 23 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →