1-bed · 1,051 sqftAl Fahad Tower 2, Barsha Heights · 13th floor · completed 2016

1303, Al Fahad Tower 2

Sold prices and rental history: sold twice, last in May 2019, and rented once, from February 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 29 May 2019
Last soldAED 800K29 May 2019
Current rentAED 70K /yr22 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Al Fahad Tower 2

What is 1303 worth today?

Last sold for AED 800,000 in 2019

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29 May 2019SoldReady
AED 800,000AED 761 per sqft
28 Apr 2019Sold by developerReady
AED 1,307,208AED 1,243 per sqft
22 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 29 May 2019.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
13th of 24
Parking
B2-153
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 19,500 /yr
Last sold
AED 800K · May 2019

About 1303, Al Fahad Tower 2

1303 is a one-bedroom apartment of 1,051 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. It last sold on 29 May 2019 for AED 800,000, or AED 761 per sqft, 33% below the AED 1,140 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 February 2018. The current contract, signed on 22 February 2018, is AED 70,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 19,500 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Al Fahad Tower 2
500K1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,361,675; 2015 AED 1,208,691; 2016 AED 1,153,751; 2017 AED 1,098,810; 2018 AED 980,406; 2019 AED 1,198,274; 2022 AED 586,577; 2023 AED 722,500Sold by developer, April 2019: AED 1,307,208 (AED 1,243 per sqft)Sold, May 2019: AED 800,000 (AED 761 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Al Fahad Tower 2
40K60K80K2017202020232026Typical rent by year: 2017 AED 74,500; 2018 AED 69,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 43,000; 2022 AED 45,500; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 80,000New contract, February 2018: AED 70,000 a year

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 1303 sits

All 44 1-beds →

1303 last sold in May 2019 at AED 761 per sqft, 33% below what one-beds in Al Fahad Tower 2 were fetching at the time (AED 1,140). 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. 1303's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Apr 2026900,000
3 Jul 2024830,000
28 Dec 2023800,000
11 Oct 2023700,000
1 1-bed sale 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 13th floor

All 224 units in Al Fahad Tower 2
Value
13012-bedAED 1.2M · May 2024
13021-bedAED 700K · Oct 2022
13043-bedAED 2.25M · Aug 2017
13052-bedAED 1.01M · Dec 2023
13062-bedAED 1M · Dec 2018
13072-bedAED 1.39M · Dec 2015
13082-bedAED 1.09M · Dec 2023
1–7 of 9

1303, Al Fahad Tower 2 in numbers

  • Sold twice: first on 28 April 2019 for AED 1,307,208, last on 29 May 2019 for AED 800,000 (AED 761 per sqft).
  • Rented since February 2018 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 19,500 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 29 May 2019.

Questions about 1303, Al Fahad Tower 2

What did unit 1303 last sell for?

AED 800,000 on 29 May 2019: AED 761 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 1,307,208 in April 2019.

What is the rent for unit 1303?

AED 70,000 a year on the contract signed on 22 February 2018.

How big is unit 1303?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 13th floor of a 24-storey tower completed in 2016.

What is unit 1303 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 1303, Al Fahad Tower 2

Starts from the last sale price (AED 800K, 29 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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