1-bed · 1,052 sqftAl Fahad Tower 2, Barsha Heights · 14th floor · completed 2016

1402, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 980K26 June 2018
Current rentAED 58K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Al Fahad Tower 2

What is 1402 worth today?

Last sold for AED 980,406 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Sep 2024RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
4 Sep 2024RentedNew contract
AED 58,000/yr12 months · AED 55 per sqft
5 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
1 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
26 Jun 2018Sold by developerReady
AED 980,406AED 932 per sqft
1 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
14th of 24
Parking
B1-012
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 19,600 /yr
Last sold
AED 980K · June 2018

About 1402, Al Fahad Tower 2

1402 is a one-bedroom apartment of 1,052 sqft on the 14th 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 26 June 2018 for AED 980,406, or AED 932 per sqft, in line with the AED 932 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 4 September 2024, is AED 58,000 a year: a gross yield of 5.9% on the 2018 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, June 2018: AED 980,406 (AED 932 per sqft)

1402 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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 72,000 a yearNew contract, February 2019: AED 60,000 a yearNew contract, March 2021: AED 40,000 a yearNew contract, September 2024: AED 58,000 a yearNew contract, September 2024: AED 58,000 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 1402 sits

All 44 1-beds →

1402 last sold in June 2018 at AED 932 per sqft, in line with what one-beds in Al Fahad Tower 2 were fetching at the time (AED 932). 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. 1402's AED 58,000 is at the bottom 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 14th floor

All 224 units in Al Fahad Tower 2
Value
14012-bedAED 1.23M · Aug 2026
14031-bedAED 586K · May 2022
14043-bedAED 2.25M · Aug 2017
14052-bedAED 1.7M · Oct 2015
14062-bedAED 1.66M · Oct 2015
14072-bedAED 1.87M · Oct 2015
14082-bedAED 1M · Feb 2019
1–7 of 9

1402, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 26 June 2018 for AED 980,406, or AED 932 per sqft.
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 40,000 in 2021 and recovered to AED 58,000 by September 2024.
  • At AED 58,000 a year the gross yield on the 2018 price is 5.9%, 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 4 September 2024.

Questions about 1402, Al Fahad Tower 2

What did unit 1402 last sell for?

AED 980,406 on 26 June 2018, sold by the developer: AED 932 per sqft for 1,052 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 58,000 a year on the contract signed on 4 September 2024. The previous contract, from September 2024, was AED 58,000; the unit has been rented since February 2018.

How big is unit 1402?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 14th floor of a 24-storey tower completed in 2016.

What is unit 1402 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.

Selling 1402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1402, Al Fahad Tower 2

Starts from the last sale price (AED 980K, 26 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 980,406
Deposit, UAE resident (20%)
AED 196,081
Deposit, non-resident (40%)
AED 392,162
Monthly over 25 years at 3.7%
AED 4,011

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