1-bed · 853 sqftFairways North Tower, The Views · 5th floor · completed 2008

504, Fairways North Tower

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.5M30 October 2014
Current rentAED 95K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Fairways North Tower

What is 504 worth today?

Last sold for AED 1,500,000 in 2014

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1 Sep 2023RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft
1 Dec 2022RentedRenewal
AED 69,000/yr12 months · AED 81 per sqft
1 Dec 2021RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
1 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
21 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
12 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
23 Nov 2017RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft
23 Nov 2016RentedNew contract
AED 105,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
5th of 26
Parking
P1-54
Developer
Emaar
Completed
2008
Service charge
AED 14,100 /yr
Last sold
AED 1.5M · October 2014

About 504, Fairways North Tower

504 is a one-bedroom apartment of 853 sqft on the 5th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. It last sold on 30 October 2014 for AED 1,500,000, or AED 1,758 per sqft, 3% above the AED 1,702 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 September 2023, is AED 95,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 14,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Fairways North Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 796,888; 2010 AED 764,888; 2011 AED 468,944; 2012 AED 925,000; 2013 AED 1,200,000; 2014 AED 1,550,000; 2015 AED 754,944; 2016 AED 1,350,000; 2017 AED 1,460,000; 2018 AED 1,360,000; 2019 AED 1,120,000; 2021 AED 1,320,000; 2022 AED 1,206,000; 2023 AED 1,380,000; 2024 AED 1,900,000; 2025 AED 1,739,000Sold by developer, April 2011: AED 289,944 (AED 339 per sqft)Sold, April 2014: AED 1,400,000 (AED 1,641 per sqft)Sold, October 2014: AED 1,500,000 (AED 1,758 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Fairways North Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 91,000; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 105,000; 2017 AED 105,000; 2018 AED 92,750; 2019 AED 85,000; 2020 AED 74,599; 2021 AED 74,250; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 105,000; 2025 AED 108,000; 2026 AED 107,500New contract, February 2012: AED 60,000 a yearNew contract, May 2013: AED 83,000 a yearNew contract, November 2014: AED 100,000 a yearNew contract, November 2016: AED 105,000 a yearNew contract, November 2017: AED 105,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, September 2019: AED 70,000 a yearNew contract, December 2020: AED 55,000 a yearRenewal, December 2021: AED 60,000 a yearRenewal, December 2022: AED 69,000 a yearNew contract, September 2023: AED 95,000 a year

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

1-beds in Fairways North Tower, and where 504 sits

All 90 1-beds →

504 last sold in October 2014 at AED 1,758 per sqft, 3% above what one-beds in Fairways North Tower were fetching at the time (AED 1,702). Over the last 12 months one-beds sold for AED 1,850,000 to 2,480,000, around AED 2,285 per sqft, and rent for AED 100,000 to 140,000 a year. 504's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20261,850,000
16 Jan 20262,480,000
21 Jul 20251,728,000
11 Jul 20251,675,000
3 1-bed sales 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 5th floor

All 162 units in Fairways North Tower
Value
5012-bedAED 1.32M · Nov 2009
5021-bedAED 629K · Feb 2011
5031-bedAED 1.79M · Mar 2014
5052-bedAED 1.32M · Aug 2010
5061-bedAED 1.6M · Jun 2023
5072-bedAED 1.69M · Sep 2009

504, Fairways North Tower in numbers

  • Sold 3 times: first on 24 April 2011 for AED 289,944, last on 30 October 2014 for AED 1,500,000 (AED 1,758 per sqft).
  • Rented since February 2012 on 11 Ejari contracts, from AED 60,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 6.3%, before a service charge of about AED 14,100 a year (AED 16.48 per sqft).
  • One-beds in Fairways North Tower sold for AED 1,850,000–2,480,000 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 1 September 2023.

Questions about 504, Fairways North Tower

What did unit 504 last sell for?

AED 1,500,000 on 30 October 2014: AED 1,758 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 289,944 in April 2011.

What is the rent for unit 504?

AED 95,000 a year on the contract signed on 1 September 2023. The previous contract, from December 2022, was AED 69,000; the unit has been rented since February 2012.

How big is unit 504?

853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 26-storey tower completed in 2008.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Fairways North Tower sold for AED 1,850,000 to 2,480,000 in the last 12 months, around AED 2,285 per sqft.

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Mortgage on 504, Fairways North Tower

Starts from the last sale price (AED 1.5M, 30 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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