2-bed · 1,547 sqftFairways North Tower, The Views · 5th floor · completed 2008

507, Fairways North Tower

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 1.69M17 September 2009
Current rentAED 165K /yr14 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Fairways North Tower

What is 507 worth today?

Last sold for AED 1,693,888 in 2009

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14 May 2025RentedRenewal
AED 165,000/yr12 months · AED 107 per sqft
14 May 2024RentedRenewal
AED 150,000/yr12 months · AED 97 per sqft
14 May 2023RentedNew contract
AED 142,500/yr12 months · AED 92 per sqft
14 Nov 2022RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
14 Nov 2021RentedNew contract
AED 112,875/yr12 months · AED 73 per sqft
14 Nov 2020RentedRenewal
AED 107,500/yr12 months · AED 69 per sqft
14 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
1 Apr 2019RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 14 May 2025.

Key facts

Type
2-bed apartment
Size
1,547 sqft
Floor
5th of 26
Parking
P1-2
Developer
Emaar
Completed
2008
Service charge
AED 25,500 /yr
Last sold
AED 1.69M · September 2009

About 507, Fairways North Tower

507 is a two-bedroom apartment of 1,547 sqft on the 5th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 17 September 2009 for AED 1,693,888, or AED 1,094 per sqft, 8% above the AED 1,013 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 14 May 2025, is AED 165,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 25,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Fairways North Tower
2M3M2009201420192024Typical 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, September 2009: AED 1,693,888 (AED 1,094 per sqft)

507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, 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 160,000New contract, April 2012: AED 125,000 a yearNew contract, April 2013: AED 125,000 a yearNew contract, April 2014: AED 145,000 a yearRenewal, April 2015: AED 145,000 a yearNew contract, April 2016: AED 172,000 a yearRenewal, April 2017: AED 172,000 a yearRenewal, April 2019: AED 135,000 a yearNew contract, November 2019: AED 120,000 a yearRenewal, November 2020: AED 107,500 a yearNew contract, November 2021: AED 112,875 a yearRenewal, November 2022: AED 125,000 a yearNew contract, May 2023: AED 142,500 a yearRenewal, May 2024: AED 150,000 a yearRenewal, May 2025: AED 165,000 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 507 sits

All 63 2-beds →

507 last sold in September 2009 at AED 1,094 per sqft, 8% above what two-beds in Fairways North Tower were fetching at the time (AED 1,013). 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. 507's AED 165,000 is in the upper half 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 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
5041-bedAED 1.5M · Oct 2014
5052-bedAED 1.32M · Aug 2010
5061-bedAED 1.6M · Jun 2023

507, Fairways North Tower in numbers

  • Sold once: by Emaar on 17 September 2009 for AED 1,693,888, or AED 1,094 per sqft.
  • Rented since April 2012 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 107,500 in 2020 and recovered to AED 165,000 by May 2025.
  • At AED 165,000 a year the gross yield on the 2009 price is 9.7%, before a service charge of about AED 25,500 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 14 May 2025.

Questions about 507, Fairways North Tower

What did unit 507 last sell for?

AED 1,693,888 on 17 September 2009, sold by the developer: AED 1,094 per sqft for 1,547 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 165,000 a year on the contract renewed on 14 May 2025. The previous contract, from May 2024, was AED 150,000; the unit has been rented since April 2012.

How big is unit 507?

1,547 sqft (143.7 sqm): a two-bedroom apartment on the 5th floor of a 26-storey tower completed in 2008.

What is unit 507 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 507, Fairways North Tower

Starts from the last sale price (AED 1.69M, 17 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,693,888
Deposit, UAE resident (20%)
AED 338,778
Deposit, non-resident (40%)
AED 677,555
Monthly over 25 years at 3.7%
AED 6,930

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