2-bed · 1,451 sqftAl Fahad Tower 2, Barsha Heights · 17th floor · completed 2016

1708, Al Fahad Tower 2

Sold prices and rental history: sold twice, last in March 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 1.15M19 March 2024
Current rentAED 85K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Al Fahad Tower 2

What is 1708 worth today?

Last sold for AED 1,150,000 in 2024

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25 Mar 2024RentedNew contract
AED 84,772/yr12 months · AED 58 per sqft
19 Mar 2024SoldReady
AED 1,150,000AED 792 per sqft
20 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
15 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
5 Mar 2017Sold by developerReady
AED 2,031,170AED 1,400 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,451 sqft
Floor
17th of 24
Parking
B1-063
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 27,000 /yr
Last sold
AED 1.15M · March 2024

About 1708, Al Fahad Tower 2

1708 is a two-bedroom apartment of 1,451 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 19 March 2024 for AED 1,150,000, or AED 792 per sqft, 7% above the AED 737 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 25 March 2024, is AED 84,772 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical two-bed in Al Fahad Tower 2
1M2M2014201820222026Typical 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, March 2017: AED 2,031,170 (AED 1,400 per sqft)Sold, March 2024: AED 1,150,000 (AED 792 per sqft)

1708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1708, 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, February 2018: AED 70,000 a yearNew contract, April 2019: AED 85,000 a yearNew contract, March 2024: AED 84,772 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 1708 sits

All 138 2-beds →

1708 last sold in March 2024 at AED 792 per sqft, 7% above what two-beds in Al Fahad Tower 2 were fetching at the time (AED 737). 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. 1708's AED 84,772 is in the lower half 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
17052-bedAED 1.26M · Jun 2019
17062-bedAED 700K · Dec 2020
17072-bedAED 810K · Dec 2019
1–7 of 9

1708, Al Fahad Tower 2 in numbers

  • Sold twice: first on 5 March 2017 for AED 2,031,170, last on 19 March 2024 for AED 1,150,000 (AED 792 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 70,000 to AED 84,772 a year.
  • At AED 84,772 a year the gross yield on the 2024 price is 7.4%, 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 25 March 2024.

Questions about 1708, Al Fahad Tower 2

What did unit 1708 last sell for?

AED 1,150,000 on 19 March 2024: AED 792 per sqft for 1,451 sqft. The unit has 2 registered sales; the first was AED 2,031,170 in March 2017.

What is the rent for unit 1708?

AED 84,772 a year on the contract signed on 25 March 2024. The previous contract, from April 2019, was AED 85,000; the unit has been rented since February 2018.

How big is unit 1708?

1,451 sqft (134.8 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2016.

What is unit 1708 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 1708, Al Fahad Tower 2

Starts from the last sale price (AED 1.15M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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