2-bed · 1,234 sqftAl Fahad Tower 2, Barsha Heights · 17th floor · completed 2016

1705, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 1.26M16 June 2019
Current rentAED 72K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Al Fahad Tower 2

What is 1705 worth today?

Last sold for AED 1,260,530 in 2019

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15 Mar 2023RentedRenewal
AED 71,500/yr12 months · AED 58 per sqft
15 Mar 2022RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
4 Oct 2021RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
4 Oct 2020RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
4 Oct 2019RentedNew contract
AED 68,000/yr12 months · AED 55 per sqft
16 Jun 2019Sold by developerReady
AED 1,260,530AED 1,021 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
17th of 24
Parking
B1-059 , B1-060
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 22,900 /yr
Last sold
AED 1.26M · June 2019

About 1705, Al Fahad Tower 2

1705 is a two-bedroom apartment of 1,234 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. The developer sold it on 16 June 2019 for AED 1,260,530, or AED 1,021 per sqft, 7% above the AED 951 two-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 15 March 2023, is AED 71,500 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, June 2019: AED 1,260,530 (AED 1,021 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, 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, October 2019: AED 68,000 a yearRenewal, October 2020: AED 60,000 a yearRenewal, October 2021: AED 60,000 a yearNew contract, March 2022: AED 65,000 a yearRenewal, March 2023: AED 71,500 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 1705 sits

All 138 2-beds →

1705 last sold in June 2019 at AED 1,021 per sqft, 7% above what two-beds in Al Fahad Tower 2 were fetching at the time (AED 951). 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. 1705's AED 71,500 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 17th floor

All 224 units in Al Fahad Tower 2
Value
17012-bedAED 1.49M · May 2017
17021-bedAED 1.36M · Oct 2014
17031-bedAED 800K · Dec 2023
17043-bedAED 2.4M · Nov 2017
17062-bedAED 700K · Dec 2020
17072-bedAED 810K · Dec 2019
17082-bedAED 1.15M · Mar 2024
1–7 of 9

1705, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 16 June 2019 for AED 1,260,530, or AED 1,021 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 60,000 in 2021 and recovered to AED 71,500 by March 2023.
  • At AED 71,500 a year the gross yield on the 2019 price is 5.7%, 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 15 March 2023.

Questions about 1705, Al Fahad Tower 2

What did unit 1705 last sell for?

AED 1,260,530 on 16 June 2019, sold by the developer: AED 1,021 per sqft for 1,234 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 71,500 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 65,000; the unit has been rented since October 2019.

How big is unit 1705?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2016.

What is unit 1705 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 1705, Al Fahad Tower 2

Starts from the last sale price (AED 1.26M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,530
Deposit, UAE resident (20%)
AED 252,106
Deposit, non-resident (40%)
AED 504,212
Monthly over 25 years at 3.7%
AED 5,157

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