1302, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Al Fahad Tower 2
What is 1302 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,052 sqft
- Floor
- 13th of 24
- Parking
- G-029
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 19,600 /yr
- Last sold
- AED 700K · October 2022
- Building
- Al Fahad Tower 2
About 1302, Al Fahad Tower 2
1302 is a one-bedroom apartment of 1,052 sqft on the 13th floor of Al Fahad Tower 2, a 24-storey tower in Barsha Heights completed in 2016 by Alfahad Holding Real Estates Inviestments. The developer sold it on 18 October 2022 for AED 700,000, or AED 665 per sqft, 19% above the AED 557 one-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 November 2023, is AED 70,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 19,600 a year.
Sales and rents for 1302 over time
1302 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Fahad Tower 2, and where 1302 sits
All 44 1-beds →1302 last sold in October 2022 at AED 665 per sqft, 19% above what one-beds in Al Fahad Tower 2 were fetching at the time (AED 557). Over the last 12 months one-beds sold for AED 900,000, around AED 855 per sqft, and rent for AED 61,226 to 125,000 a year. 1302's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202614 April 2026 | 1,052 sqft | 900,000 | 855 | ||
| 3 Jul 20243 July 2024 | 1,051 sqft | 830,000 | 789 | ||
| 28 Dec 202328 December 2023 | 1,051 sqft | 800,000 | 761 | ||
| 11 Oct 202311 October 2023 | 1,051 sqft | 700,000 | 665 |
Al Fahad Tower 2
Building224 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%
Other units on the 13th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,397 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 95,000 /yr | |
| 1303 | 1-bed | 1,051 sqft | AED 800KAED 800,000 · May 2019May 2019 | 70,000 /yr | |
| 1304 | 3-bed | 2,890 sqft | AED 2.25MAED 2,250,000 · Aug 2017August 2017 | 10,000 /yr | |
| 1305 | 2-bed | 1,234 sqft | AED 1.01MAED 1,010,000 · Dec 2023December 2023 | 90,000 /yr | |
| 1306 | 2-bed | 1,185 sqft | AED 1MAED 1,000,000 · Dec 2018December 2018 | 109,631 /yr | |
| 1307 | 2-bed | 1,344 sqft | AED 1.39MAED 1,387,180 · Dec 2015December 2015 | 127,000 /yr | |
| 1308 | 2-bed | 1,451 sqft | AED 1.09MAED 1,090,000 · Dec 2023December 2023 | 65,000 /yr | |
| 1309 | 2-bed | 1,174 sqft | AED 915KAED 914,940 · Dec 2023December 2023 | 120,000 /yr | |
| 1310 | 3-bed | 2,190 sqft | AED 2.22MAED 2,218,500 · Oct 2018October 2018 | 150,000 /yr |
1302, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 18 October 2022 for AED 700,000, or AED 665 per sqft.
- Rented since April 2017 on 4 Ejari contracts, from AED 68,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 19,600 a year (AED 18.59 per sqft).
- One-beds in Al Fahad Tower 2 sold for AED 900,000–900,000 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 November 2023.
Questions about 1302, Al Fahad Tower 2
What did unit 1302 last sell for?
AED 700,000 on 18 October 2022, sold by the developer: AED 665 per sqft for 1,052 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 70,000 a year on the contract signed on 1 November 2023. The previous contract, from April 2019, was AED 68,000; the unit has been rented since April 2017.
How big is unit 1302?
1,052 sqft (97.7 sqm): a one-bedroom apartment on the 13th floor of a 24-storey tower completed in 2016.
What is unit 1302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Fahad Tower 2 sold for AED 900,000 to 900,000 in the last 12 months, around AED 855 per sqft.
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Mortgage on 1302, Al Fahad Tower 2
Starts from the last sale price (AED 700K, 18 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →