2-bed · 1,290 sqftFairways West Tower, The Views · 5th floor · completed 2008

505, Fairways West Tower

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

Unit 505 · DLD and Ejari recordsUpdated 16 March 2025
Last soldAED 1.42M18 October 2009
Current rentAED 165K /yr16 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Fairways West Tower

What is 505 worth today?

Last sold for AED 1,416,888 in 2009

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16 Mar 2025RentedNew contract
AED 165,000/yr12 months · AED 128 per sqft
13 Aug 2023RentedRenewal
AED 137,500/yr12 months · AED 106 per sqft
13 Aug 2022RentedRenewal
AED 125,000/yr12 months · AED 97 per sqft
13 Aug 2021RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
5 Aug 2020RentedRenewal
AED 113,000/yr12 months · AED 87 per sqft
5 Aug 2019RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
12 Aug 2017RentedNew contract
AED 140,000/yr12 months · AED 108 per sqft
1 Jun 2015RentedNew contract
AED 165,000/yr12 months · AED 128 per sqft

Source: Dubai Land Department. Updated 16 March 2025.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
5th of 31
Parking
G- 298
Developer
Emaar
Completed
2008
Service charge
AED 21,300 /yr
Last sold
AED 1.42M · October 2009

About 505, Fairways West Tower

505 is a two-bedroom apartment of 1,290 sqft on the 5th floor of Fairways West Tower, a 31-storey tower in The Views completed in 2008 by Emaar. The developer sold it on 18 October 2009 for AED 1,416,888, or AED 1,098 per sqft, 10% above the AED 1,002 two-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 16 March 2025, is AED 165,000 a year: a gross yield of 11.7% on the 2009 price, before the service charge of about AED 21,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Fairways West Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,388,000; 2010 AED 1,373,388; 2011 AED 1,334,388; 2012 AED 1,618,944; 2013 AED 1,950,000; 2014 AED 2,515,000; 2015 AED 2,230,000; 2016 AED 2,300,000; 2017 AED 2,200,000; 2018 AED 1,850,000; 2021 AED 1,725,000; 2022 AED 1,950,000; 2023 AED 2,300,000; 2024 AED 2,565,000; 2025 AED 2,875,000Sold by developer, October 2009: AED 1,416,888 (AED 1,098 per sqft)Sold, October 2009: AED 1,386,000 (AED 1,074 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Fairways West Tower
100K150K2012201620202024Typical rent by year: 2012 AED 117,494; 2013 AED 125,000; 2014 AED 150,000; 2015 AED 155,000; 2016 AED 157,500; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 101,000; 2021 AED 110,000; 2022 AED 119,469; 2023 AED 145,000; 2024 AED 157,500; 2025 AED 165,000New contract, December 2012: AED 135,000 a yearNew contract, December 2013: AED 135,000 a yearRenewal, December 2014: AED 141,750 a yearNew contract, June 2015: AED 165,000 a yearNew contract, August 2017: AED 140,000 a yearNew contract, August 2019: AED 125,000 a yearRenewal, August 2020: AED 113,000 a yearNew contract, August 2021: AED 125,000 a yearRenewal, August 2022: AED 125,000 a yearRenewal, August 2023: AED 137,500 a yearNew contract, March 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 West Tower, and where 505 sits

All 59 2-beds →

505 last sold in October 2009 at AED 1,098 per sqft, 10% above what two-beds in Fairways West Tower were fetching at the time (AED 1,002). 505's AED 165,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20252,800,000
4 Jun 20252,750,000
21 Apr 20253,000,000
7 Apr 20252,950,000
0 2-bed sales in the last 12 months

Fairways West Tower

Building

209 apartments, 1-bed to 3-bed over 31 floors in The Views, completed in 2008 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,845
Typical sale
AED 2.45M
Typical rent
AED 120K /yr
Typical yield
7.8%
Fairways West Tower, The Views: prices, sales and rents →

Other units on the 5th floor

All 209 units in Fairways West Tower
Value
5012-bedAED 1.85M · Oct 2022
5021-bedAED 601K · Aug 2010
5031-bedAED 739K · Dec 2009
5041-bedAED 1.23M · Mar 2023
5061-bedAED 1.6M · Mar 2024
5073-bedAED 2.43M · Feb 2013

505, Fairways West Tower in numbers

  • Sold twice: first on 18 October 2009 for AED 1,386,000, last on 18 October 2009 for AED 1,416,888 (AED 1,098 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 113,000 in 2020 and recovered to AED 165,000 by March 2025.
  • At AED 165,000 a year the gross yield on the 2009 price is 11.7%, before a service charge of about AED 21,300 a year (AED 16.48 per sqft).

Source: Dubai Land Department. Updated 16 March 2025.

Questions about 505, Fairways West Tower

What did unit 505 last sell for?

AED 1,416,888 on 18 October 2009, sold by the developer: AED 1,098 per sqft for 1,290 sqft. The unit has 2 registered sales; the first was AED 1,386,000 in October 2009.

What is the rent for unit 505?

AED 165,000 a year on the contract signed on 16 March 2025. The previous contract, from August 2023, was AED 137,500; the unit has been rented since December 2012.

How big is unit 505?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2008.

What is unit 505 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 505, Fairways West Tower

Starts from the last sale price (AED 1.42M, 18 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,416,888
Deposit, UAE resident (20%)
AED 283,378
Deposit, non-resident (40%)
AED 566,755
Monthly over 25 years at 3.7%
AED 5,797

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