1703, 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 1703, Al Fahad Tower 2
What is 1703 worth today?
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Source: Dubai Land Department. Updated 20 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,051 sqft
- Floor
- 17th of 24
- Parking
- B1-056
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 19,500 /yr
- Last sold
- AED 800K · December 2023
- Building
- Al Fahad Tower 2
About 1703, Al Fahad Tower 2
1703 is a one-bedroom apartment of 1,051 sqft on the 17th 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 28 December 2023 for AED 800,000, or AED 761 per sqft, 11% above the AED 687 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 20 January 2024, is AED 75,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 19,500 a year.
Sales and rents for 1703 over time
1703 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1703 sits
All 44 1-beds →1703 last sold in December 2023 at AED 761 per sqft, 11% above what one-beds in Al Fahad Tower 2 were fetching at the time (AED 687). 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. 1703's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202614 April 2026 | 1,052 sqft | 900,000 | 855 | ||
| 3 Jul 20243 July 2024 | 1,051 sqft | 830,000 | 789 | ||
| 11 Oct 202311 October 2023 | 1,051 sqft | 700,000 | 665 | ||
| 25 May 202325 May 2023 | 1,051 sqft | 730,000 | 694 |
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 17th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,397 sqft | AED 1.49MAED 1,489,610 · May 2017May 2017 | 93,635 /yr | |
| 1702 | 1-bed | 1,052 sqft | AED 1.36MAED 1,361,675 · Oct 2014October 2014 | 66,990 /yr | |
| 1704 | 3-bed | 2,890 sqft | AED 2.4MAED 2,400,000 · Nov 2017November 2017 | 10,000 /yr | |
| 1705 | 2-bed | 1,234 sqft | AED 1.26MAED 1,260,530 · Jun 2019June 2019 | 71,500 /yr | |
| 1706 | 2-bed | 1,185 sqft | AED 700KAED 700,000 · Dec 2020December 2020 | 70,000 /yr | |
| 1707 | 2-bed | 1,344 sqft | AED 810KAED 810,000 · Dec 2019December 2019 | 140,000 /yr | |
| 1708 | 2-bed | 1,451 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | 84,772 /yr | |
| 1709 | 2-bed | 1,174 sqft | AED 960KAED 960,000 · Jan 2023January 2023 | 110,000 /yr | |
| 1710 | 3-bed | 2,190 sqft | AED 2.22MAED 2,218,500 · May 2017May 2017 | 114,345 /yr |
1703, Al Fahad Tower 2 in numbers
- Sold twice: first on 11 January 2016 for AED 1,153,751, last on 28 December 2023 for AED 800,000 (AED 761 per sqft).
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2022 and recovered to AED 75,000 by January 2024.
- At AED 75,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 19,500 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 20 January 2024.
Questions about 1703, Al Fahad Tower 2
What did unit 1703 last sell for?
AED 800,000 on 28 December 2023: AED 761 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 1,153,751 in January 2016.
What is the rent for unit 1703?
AED 75,000 a year on the contract renewed on 20 January 2024. The previous contract, from January 2023, was AED 45,000; the unit has been rented since September 2019.
How big is unit 1703?
1,051 sqft (97.6 sqm): a one-bedroom apartment on the 17th floor of a 24-storey tower completed in 2016.
What is unit 1703 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.
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Mortgage on 1703, Al Fahad Tower 2
Starts from the last sale price (AED 800K, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →