2-bed · 1,344 sqftAl Fahad Tower 2, Barsha Heights · 10th floor · completed 2016

1007, Al Fahad Tower 2

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 1.33M8 August 2016
Current rentAED 65K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Al Fahad Tower 2

What is 1007 worth today?

Last sold for AED 1,331,693 in 2016

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1 Feb 2021RentedNew contract
AED 65,000/yr13 months · AED 48 per sqft
1 Jan 2020RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
1 Oct 2018RentedRenewal
AED 80,172/yr15 months · AED 60 per sqft
1 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
8 Aug 2016SoldOff-plan
AED 1,331,693AED 990 per sqft
28 Apr 2015Sold by developerOff-plan
AED 1,331,693AED 990 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
10th of 24
Parking
B2-115
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 25,000 /yr
Last sold
AED 1.33M · August 2016

About 1007, Al Fahad Tower 2

1007 is a two-bedroom apartment of 1,344 sqft on the 10th floor of Al Fahad Tower 2, a 24-storey tower in Barsha Heights completed in 2016 by Alfahad Holding Real Estates Inviestments. It last sold on 8 August 2016 for AED 1,331,693, or AED 990 per sqft, 21% below the AED 1,248 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 February 2021, is AED 65,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 25,000 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Al Fahad Tower 2
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,526,975; 2015 AED 1,638,571; 2016 AED 1,664,388; 2017 AED 1,411,315; 2018 AED 1,123,154; 2019 AED 1,260,530; 2020 AED 775,000; 2021 AED 1,050,000; 2022 AED 850,000; 2023 AED 923,926; 2024 AED 1,040,000; 2025 AED 1,200,000; 2026 AED 1,220,000Sold by developer, April 2015: AED 1,331,693 (AED 990 per sqft)Sold, August 2016: AED 1,331,693 (AED 990 per sqft)

1007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Al Fahad Tower 2
75K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 87,000; 2019 AED 79,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 112,500; 2026 AED 114,000New contract, October 2017: AED 100,000 a yearRenewal, October 2018: AED 80,172 a yearNew contract, January 2020: AED 75,000 a yearNew contract, February 2021: AED 65,000 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 Al Fahad Tower 2, and where 1007 sits

All 138 2-beds →

1007 last sold in August 2016 at AED 990 per sqft, 21% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,248). Over the last 12 months two-beds sold for AED 1,100,000 to 1,664,616, around AED 946 per sqft, and rent for AED 79,086 to 256,250 a year. 1007's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,350,000
2 Nov 20261,200,000
20 Oct 20261,220,000
26 Aug 20261,664,616
9 2-bed sales in the last 12 months

Al Fahad Tower 2

Building

224 apartments, 1-bed to 3-bed over 24 floors in Barsha Heights, completed in 2016 by Alfahad Holding Real Estates Inviestments. 11 sold in the last 12 months.

Typical price per sqft
AED 946 Up 8.0%
Typical sale
AED 1.22M
Typical rent
AED 110K /yr
Typical yield
9.1%
Al Fahad Tower 2, Barsha Heights: prices, sales and rents →

Other units on the 10th floor

All 224 units in Al Fahad Tower 2
Value
10012-bedAED 820K · Mar 2022
10021-bedAED 1.26M · May 2019
10031-bedAED 586K · May 2022
10042-bedAED 1.27M · Jun 2025
10052-bedAED 800K · Nov 2023
10062-bedAED 900K · May 2024
10082-bedAED 1.2M · Nov 2026
1–7 of 10

1007, Al Fahad Tower 2 in numbers

  • Sold twice: first on 28 April 2015 for AED 1,331,693, last on 8 August 2016 for AED 1,331,693 (AED 990 per sqft).
  • Rented since October 2017 on 4 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 25,000 a year (AED 18.59 per sqft).
  • Two-beds in Al Fahad Tower 2 sold for AED 1,100,000–1,664,616 in the 12 months to November 2026; the building's median across all types is AED 946 per sqft.

Source: Dubai Land Department. Updated 1 February 2021.

Questions about 1007, Al Fahad Tower 2

What did unit 1007 last sell for?

AED 1,331,693 on 8 August 2016: AED 990 per sqft for 1,344 sqft. The unit has 2 registered sales; the first was AED 1,331,693 in April 2015.

What is the rent for unit 1007?

AED 65,000 a year on the contract signed on 1 February 2021. The previous contract, from January 2020, was AED 75,000; the unit has been rented since October 2017.

How big is unit 1007?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 10th floor of a 24-storey tower completed in 2016.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Fahad Tower 2 sold for AED 1,100,000 to 1,664,616 in the last 12 months, around AED 946 per sqft.

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Mortgage on 1007, Al Fahad Tower 2

Starts from the last sale price (AED 1.33M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,331,693
Deposit, UAE resident (20%)
AED 266,339
Deposit, non-resident (40%)
AED 532,677
Monthly over 25 years at 3.7%
AED 5,448

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