2-bed · 1,234 sqftAl Fahad Tower 2, Barsha Heights · 14th floor · completed 2016

1405, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.7M29 October 2015
Current rentAED 75K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Al Fahad Tower 2

What is 1405 worth today?

Last sold for AED 1,701,716 in 2015

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23 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
20 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
17 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,701,716AED 1,379 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
14th of 24
Parking
B1-016
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 22,900 /yr
Last sold
AED 1.7M · October 2015

About 1405, Al Fahad Tower 2

1405 is a two-bedroom apartment of 1,234 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 29 October 2015 for AED 1,701,716, or AED 1,379 per sqft, 9% above the AED 1,265 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 23 June 2023, is AED 75,000 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, October 2015: AED 1,701,716 (AED 1,379 per sqft)

1405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, 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, September 2018: AED 85,000 a yearNew contract, March 2022: AED 75,000 a yearNew contract, June 2023: AED 75,000 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 1405 sits

All 138 2-beds →

1405 last sold in October 2015 at AED 1,379 per sqft, 9% above what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,265). 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. 1405's AED 75,000 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 14th floor

All 224 units in Al Fahad Tower 2
Value
14012-bedAED 1.23M · Aug 2026
14021-bedAED 980K · Jun 2018
14031-bedAED 586K · May 2022
14043-bedAED 2.25M · Aug 2017
14062-bedAED 1.66M · Oct 2015
14072-bedAED 1.87M · Oct 2015
14082-bedAED 1M · Feb 2019
1–7 of 9

1405, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 29 October 2015 for AED 1,701,716, or AED 1,379 per sqft.
  • Rented since September 2018 on 3 Ejari contracts, from AED 85,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 22,900 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 23 June 2023.

Questions about 1405, Al Fahad Tower 2

What did unit 1405 last sell for?

AED 1,701,716 on 29 October 2015, sold by the developer: AED 1,379 per sqft for 1,234 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 75,000 a year on the contract signed on 23 June 2023. The previous contract, from March 2022, was AED 75,000; the unit has been rented since September 2018.

How big is unit 1405?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 14th floor of a 24-storey tower completed in 2016.

What is unit 1405 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 1405, Al Fahad Tower 2

Starts from the last sale price (AED 1.7M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,701,716
Deposit, UAE resident (20%)
AED 340,343
Deposit, non-resident (40%)
AED 680,686
Monthly over 25 years at 3.7%
AED 6,962

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