2-bed · 1,920 sqftFairways Lofts, The Views · 4th floor · completed 2008

406, Fairways Lofts

Sold prices and rental history: sold 3 times, last in December 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 7 December 2016
Last soldAED 2.8M7 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Fairways Lofts

What is 406 worth today?

Last sold for AED 2,800,000 in 2016

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7 Dec 2016SoldReady
AED 2,800,000AED 1,458 per sqft
24 Jul 2013SoldReady
AED 2,600,000AED 1,354 per sqft
2 May 2010Sold by developerReady
AED 1,719,888AED 895 per sqft

Source: Dubai Land Department. Updated 7 December 2016.

Key facts

Type
2-bed apartment
Size
1,920 sqft
Floor
4th of 4
Parking
P2-2
Developer
Emaar
Completed
2008
Service charge
AED 31,600 /yr
Last sold
AED 2.8M · December 2016

About 406, Fairways Lofts

406 is a two-bedroom apartment of 1,920 sqft on the 4th floor of Fairways Lofts, a 4-storey tower in The Views completed in 2008 by Emaar. It last sold on 7 December 2016 for AED 2,800,000, or AED 1,458 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Fairways Lofts
2M2.5M2010201220142016Typical sale price by year: 2010 AED 1,719,888; 2013 AED 2,612,500Sold by developer, May 2010: AED 1,719,888 (AED 895 per sqft)Sold, July 2013: AED 2,600,000 (AED 1,354 per sqft)Sold, December 2016: AED 2,800,000 (AED 1,458 per sqft)

406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, 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 216,000

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 406 sits

All 11 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
8 Mar 20243,125,000
17 Nov 20233,200,000
10 Aug 20233,000,000
11 Apr 20222,500,000
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
4032-bedAED 3M · Aug 2023
4042-bedAED 900K · Nov 2010
4052-bedAED 900K · Nov 2010
4072-bedAED 1.95M · Dec 2020
4082-bedAED 2.65M · Sep 2013
1–7 of 10

406, Fairways Lofts in numbers

  • Sold 3 times: first on 2 May 2010 for AED 1,719,888, last on 7 December 2016 for AED 2,800,000 (AED 1,458 per sqft).

Source: Dubai Land Department. Updated 7 December 2016.

Questions about 406, Fairways Lofts

What did unit 406 last sell for?

AED 2,800,000 on 7 December 2016: AED 1,458 per sqft for 1,920 sqft. The unit has 3 registered sales; the first was AED 1,719,888 in May 2010.

How big is unit 406?

1,920 sqft (178.4 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2008.

What is unit 406 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 406, Fairways Lofts

Starts from the last sale price (AED 2.8M, 7 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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