1501, Al Fahad Tower 2
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Al Fahad Tower 2
What is 1501 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,397 sqft
- Floor
- 15th of 24
- Parking
- B1-025
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 26,000 /yr
- Last sold
- AED 900K · October 2023
- Building
- Al Fahad Tower 2
About 1501, Al Fahad Tower 2
1501 is a two-bedroom apartment of 1,397 sqft on the 15th 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 19 October 2023 for AED 900,000, or AED 644 per sqft, 14% below the AED 745 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 31 October 2024, is AED 89,751 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 26,000 a year.
Sales and rents for 1501 over time
1501 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 1501 sits
All 138 2-beds →1501 last sold in October 2023 at AED 644 per sqft, 14% below 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. 1501's AED 89,751 is in the lower half 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 15th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1503 | 1-bed | 1,051 sqft | AED 500KAED 500,000 · Jan 2022January 2022 | 78,000 /yr | |
| 1504 | 3-bed | 2,890 sqft | AED 3.69MAED 3,691,213 · Oct 2015October 2015 | 120,000 /yr | |
| 1505 | 2-bed | 1,234 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 125,000 /yr | |
| 1506 | 2-bed | 1,185 sqft | AED 1.2MAED 1,200,000 · May 2025May 2025 | 128,000 /yr | |
| 1507 | 2-bed | 1,344 sqft | AED 1.18MAED 1,179,103 · Apr 2017April 2017 | 100,000 /yr | |
| 1508 | 2-bed | 1,451 sqft | AED 1.04MAED 1,037,293 · Mar 2018March 2018 | 88,000 /yr | |
| 1509 | 2-bed | 1,174 sqft | AED 936KAED 935,654 · May 2023May 2023 | 105,000 /yr | |
| 1510 | 3-bed | 2,190 sqft | AED 2.22MAED 2,218,500 · Nov 2015November 2015 | 140,000 /yr |
1501, Al Fahad Tower 2 in numbers
- Sold twice: first on 1 November 2015 for AED 1,787,532, last on 19 October 2023 for AED 900,000 (AED 644 per sqft).
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 89,751 by October 2024.
- At AED 89,751 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 26,000 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 31 October 2024.
Questions about 1501, Al Fahad Tower 2
What did unit 1501 last sell for?
AED 900,000 on 19 October 2023: AED 644 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,787,532 in November 2015.
What is the rent for unit 1501?
AED 89,751 a year on the contract renewed on 31 October 2024. The previous contract, from June 2021, was AED 70,000; the unit has been rented since February 2017.
How big is unit 1501?
1,397 sqft (129.8 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2016.
What is unit 1501 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 1501, Al Fahad Tower 2
Starts from the last sale price (AED 900K, 19 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →