2-bed · 1,514 sqftFairways North Tower, The Views · 8th floor · completed 2008

801, Fairways North Tower

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 8 May 2022
Last soldAED 1.16M29 July 2010
Current rentAED 115K /yr8 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Fairways North Tower

What is 801 worth today?

Last sold for AED 1,161,888 in 2010

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8 May 2022RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
1 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
1 Feb 2021RentedNew contract
AED 95,000/yr12 months · AED 63 per sqft
16 Jun 2019RentedRenewal
AED 165,000/yr12 months · AED 109 per sqft
16 Jun 2017RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
21 Apr 2016RentedNew contract
AED 169,000/yr12 months · AED 111 per sqft
27 Feb 2015RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
29 Jul 2010Sold by developerReady
AED 1,161,888AED 767 per sqft

Source: Dubai Land Department. Updated 8 May 2022.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
8th of 26
Parking
P1- 48
Developer
Emaar
Completed
2008
Service charge
AED 25,000 /yr
Last sold
AED 1.16M · July 2010

About 801, Fairways North Tower

801 is a two-bedroom apartment of 1,514 sqft on the 8th floor of Fairways North Tower, a 26-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 29 July 2010 for AED 1,161,888, or AED 767 per sqft, 15% below the AED 904 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 8 May 2022, is AED 115,000 a year: a gross yield of 9.9% on the 2010 price, before the service charge of about AED 25,000 a year.

Sales and rents for 801 over time

Sales
Unit 801, each saleTypical two-bed in Fairways North Tower
1M2M3M2009201420192024Typical 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 2010: AED 1,161,888 (AED 767 per sqft)

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

Rents
Unit 801, 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, February 2015: AED 165,000 a yearNew contract, April 2016: AED 169,000 a yearNew contract, June 2017: AED 165,000 a yearRenewal, June 2019: AED 165,000 a yearNew contract, February 2021: AED 95,000 a yearRenewal, February 2022: AED 100,000 a yearNew contract, May 2022: AED 115,000 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 801 sits

All 63 2-beds →

801 last sold in July 2010 at AED 767 per sqft, 15% below what two-beds in Fairways North Tower were fetching at the time (AED 904). 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. 801's AED 115,000 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 8th floor

All 162 units in Fairways North Tower
Value
8021-bedAED 1.63M · May 2024
8031-bedAED 842K · Jul 2017
8041-bedAED 595K · Jun 2015
8052-bedAED 2.38M · Aug 2017
8061-bedAED 918K · Jun 2014
8072-bedAED 3.05M · May 2024

801, Fairways North Tower in numbers

  • Sold once: by Emaar on 29 July 2010 for AED 1,161,888, or AED 767 per sqft.
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 95,000 in 2021 and recovered to AED 115,000 by May 2022.
  • At AED 115,000 a year the gross yield on the 2010 price is 9.9%, 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 8 May 2022.

Questions about 801, Fairways North Tower

What did unit 801 last sell for?

AED 1,161,888 on 29 July 2010, sold by the developer: AED 767 per sqft for 1,514 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 115,000 a year on the contract signed on 8 May 2022. The previous contract, from February 2022, was AED 100,000; the unit has been rented since February 2015.

How big is unit 801?

1,514 sqft (140.7 sqm): a two-bedroom apartment on the 8th floor of a 26-storey tower completed in 2008.

What is unit 801 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 801, Fairways North Tower

Starts from the last sale price (AED 1.16M, 29 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,888
Deposit, UAE resident (20%)
AED 232,378
Deposit, non-resident (40%)
AED 464,755
Monthly over 25 years at 3.7%
AED 4,754

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