2-bed · 1,514 sqftFairways North Tower, The Views · 15th floor · completed 2008

1501, Fairways North Tower

Sold prices and rental history: sold 3 times, last in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 1.8M31 July 2012
Current rentAED 126K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Fairways North Tower

What is 1501 worth today?

Last sold for AED 1,800,000 in 2012

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10 Dec 2024RentedRenewal
AED 126,000/yr12 months · AED 83 per sqft
10 Dec 2024RentedRenewal
AED 126,000/yr12 months · AED 84 per sqft
10 Dec 2023RentedRenewal
AED 120,000/yr12 months · AED 79 per sqft
10 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
28 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
25 Sep 2017RentedNew contract
AED 142,000/yr12 months · AED 94 per sqft
12 Jul 2016RentedRenewal
AED 142,000/yr12 months · AED 94 per sqft
12 Jul 2015RentedRenewal
AED 142,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 10 December 2024.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
15th of 26
Parking
P1- 108
Developer
Emaar
Completed
2008
Service charge
AED 25,000 /yr
Last sold
AED 1.8M · July 2012

About 1501, Fairways North Tower

1501 is a two-bedroom apartment of 1,514 sqft on the 15th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 31 July 2012 for AED 1,800,000, or AED 1,188 per sqft, 15% above the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 126,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 25,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Fairways North Tower
2M2009201420192024Typical sale price by year: 2009 AED 1,550,888; 2010 AED 1,390,888; 2011 AED 1,390,888; 2012 AED 1,595,000; 2013 AED 2,055,000; 2014 AED 2,675,000; 2015 AED 2,042,444; 2017 AED 2,387,500; 2021 AED 1,900,000; 2022 AED 2,180,000; 2023 AED 2,500,000; 2024 AED 2,850,000; 2025 AED 3,250,000Sold by developer, July 2011: AED 612,444 (AED 404 per sqft)Sold, May 2012: AED 1,595,000 (AED 1,053 per sqft)Sold, July 2012: AED 1,800,000 (AED 1,188 per sqft)

1501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, each contractTypical two-bed in Fairways North Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 138,250; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 162,000; 2018 AED 147,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 120,000; 2022 AED 125,500; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 175,500; 2026 AED 160,000Renewal, July 2013: AED 135,000 a yearRenewal, July 2014: AED 135,000 a yearRenewal, July 2015: AED 142,000 a yearRenewal, July 2016: AED 142,000 a yearNew contract, September 2017: AED 142,000 a yearNew contract, September 2018: AED 130,000 a yearNew contract, December 2020: AED 85,000 a yearRenewal, December 2023: AED 120,000 a yearRenewal, December 2024: AED 126,000 a yearRenewal, December 2024: AED 126,000 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 North Tower, and where 1501 sits

All 63 2-beds →

1501 last sold in July 2012 at AED 1,188 per sqft, 15% above what two-beds in Fairways North Tower were fetching at the time (AED 1,034). Over the last 12 months two-beds sold for AED 4,050,000, around AED 2,647 per sqft, and rent for AED 140,000 to 185,000 a year. 1501's AED 126,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20264,050,000
9 May 20253,950,000
2 May 20253,430,000
21 Apr 20252,775,000
1 2-bed sale in the last 12 months

Fairways North Tower

Building

162 apartments, 1-bed to 2-bed over 26 floors in The Views, completed in 2008 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 2,466
Typical sale
AED 2.44M
Typical rent
AED 111K /yr
Typical yield
5.2%
Fairways North Tower, The Views: prices, sales and rents →

Other units on the 15th floor

All 162 units in Fairways North Tower
Value
15021-bedAED 930K · Jun 2012
1503AED 2.4M · Sep 2025
15041-bedAED 1.65M · Sep 2024
15052-bedAED 1.75M · Jun 2012
15061-bedAED 1.33M · Apr 2021
15072-bedAED 2.3M · Feb 2023

1501, Fairways North Tower in numbers

  • Sold 3 times: first on 18 July 2011 for AED 612,444, last on 31 July 2012 for AED 1,800,000 (AED 1,188 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 35,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 25,000 a year (AED 16.48 per sqft).
  • Two-beds in Fairways North Tower sold for AED 4,050,000–4,050,000 in the 12 months to November 2026; the building's median across all types is AED 2,466 per sqft.

Source: Dubai Land Department. Updated 10 December 2024.

Questions about 1501, Fairways North Tower

What did unit 1501 last sell for?

AED 1,800,000 on 31 July 2012: AED 1,188 per sqft for 1,514 sqft. The unit has 3 registered sales; the first was AED 612,444 in July 2011.

What is the rent for unit 1501?

AED 126,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2024, was AED 126,000; the unit has been rented since January 2013.

How big is unit 1501?

1,514 sqft (140.7 sqm): a two-bedroom apartment on the 15th floor of a 26-storey tower completed in 2008.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Fairways North Tower sold for AED 4,050,000 to 4,050,000 in the last 12 months, around AED 2,647 per sqft.

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Mortgage on 1501, Fairways North Tower

Starts from the last sale price (AED 1.8M, 31 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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