1308, Al Fahad Tower 2
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Al Fahad Tower 2
What is 1308 worth today?
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Source: Dubai Land Department. Updated 25 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,451 sqft
- Floor
- 13th of 24
- Parking
- B1-006,G-57
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 27,000 /yr
- Last sold
- AED 1.09M · December 2023
- Building
- Al Fahad Tower 2
About 1308, Al Fahad Tower 2
1308 is a two-bedroom apartment of 1,451 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 25 December 2023 for AED 1,090,000, or AED 751 per sqft, in line with the AED 745 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 65,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 27,000 a year.
Sales and rents for 1308 over time
1308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1308 sits
All 138 2-beds →1308 last sold in December 2023 at AED 751 per sqft, in line with what two-beds in Al Fahad Tower 2 were fetching at the time (AED 745). 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. 1308's AED 65,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,344 sqft | 1,350,000 | 1,004 | ||
| 2 Nov 20262 November 2026 | 1,451 sqft | 1,200,000 | 827 | ||
| 20 Oct 202620 October 2026 | 1,185 sqft | 1,220,000 | 1,029 | ||
| 26 Aug 202626 August 2026 | 1,344 sqft | 1,664,616 | 1,238 |
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 | |
| 1302 | 1-bed | 1,052 sqft | AED 700KAED 700,000 · Oct 2022October 2022 | 70,000 /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 | |
| 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 |
1308, Al Fahad Tower 2 in numbers
- Sold twice: first on 17 July 2019 for AED 1,579,799, last on 25 December 2023 for AED 1,090,000 (AED 751 per sqft).
- Rented since July 2019 on 4 Ejari contracts, from AED 75,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 27,000 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 25 December 2023.
Questions about 1308, Al Fahad Tower 2
What did unit 1308 last sell for?
AED 1,090,000 on 25 December 2023: AED 751 per sqft for 1,451 sqft. The unit has 2 registered sales; the first was AED 1,579,799 in July 2019.
What is the rent for unit 1308?
AED 65,000 a year on the contract renewed on 1 August 2022. The previous contract, from July 2021, was AED 60,000; the unit has been rented since July 2019.
How big is unit 1308?
1,451 sqft (134.8 sqm): a two-bedroom apartment on the 13th floor of a 24-storey tower completed in 2016.
What is unit 1308 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 1308, Al Fahad Tower 2
Starts from the last sale price (AED 1.09M, 25 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,090,000
- Deposit, UAE resident (20%)
- AED 218,000
- Deposit, non-resident (40%)
- AED 436,000
- Monthly over 25 years at 3.7%
- AED 4,460
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →