1408, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Al Fahad Tower 2
What is 1408 worth today?
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Source: Dubai Land Department. Updated 20 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,451 sqft
- Floor
- 14th of 24
- Parking
- G-026 G-025
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 27,000 /yr
- Last sold
- AED 1M · February 2019
- Building
- Al Fahad Tower 2
About 1408, Al Fahad Tower 2
1408 is a two-bedroom apartment of 1,451 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 11 February 2019 for AED 1,000,000, or AED 689 per sqft, 22% below the AED 882 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 20 March 2023, is AED 75,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 27,000 a year.
Sales and rents for 1408 over time
1408 has sold once; 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 1408 sits
All 138 2-beds →1408 last sold in February 2019 at AED 689 per sqft, 22% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 882). 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. 1408's AED 75,000 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 14th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,397 sqft | AED 1.23MAED 1,230,000 · Aug 2026August 2026 | 140,000 /yr | |
| 1402 | 1-bed | 1,052 sqft | AED 980KAED 980,406 · Jun 2018June 2018 | 58,000 /yr | |
| 1403 | 1-bed | 1,051 sqft | AED 586KAED 586,355 · May 2022May 2022 | 90,000 /yr | |
| 1404 | 3-bed | 2,890 sqft | AED 2.25MAED 2,250,000 · Aug 2017August 2017 | 10,000 /yr | |
| 1405 | 2-bed | 1,234 sqft | AED 1.7MAED 1,701,716 · Oct 2015October 2015 | 75,000 /yr | |
| 1406 | 2-bed | 1,185 sqft | AED 1.66MAED 1,664,388 · Oct 2015October 2015 | 88,000 /yr | |
| 1407 | 2-bed | 1,344 sqft | AED 1.87MAED 1,872,693 · Oct 2015October 2015 | ||
| 1409 | 2-bed | 1,174 sqft | AED 1.65MAED 1,649,133 · Oct 2015October 2015 | 90,000 /yr | |
| 1410 | 3-bed | 2,190 sqft | AED 2.66MAED 2,662,200 · May 2017May 2017 | 110,000 /yr |
1408, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 11 February 2019 for AED 1,000,000, or AED 689 per sqft.
- Rented since January 2019 on 3 Ejari contracts, from AED 82,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 7.5%, 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 20 March 2023.
Questions about 1408, Al Fahad Tower 2
What did unit 1408 last sell for?
AED 1,000,000 on 11 February 2019, sold by the developer: AED 689 per sqft for 1,451 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 75,000 a year on the contract renewed on 20 March 2023. The previous contract, from March 2022, was AED 72,000; the unit has been rented since January 2019.
How big is unit 1408?
1,451 sqft (134.8 sqm): a two-bedroom apartment on the 14th floor of a 24-storey tower completed in 2016.
What is unit 1408 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 1408, Al Fahad Tower 2
Starts from the last sale price (AED 1M, 11 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →