1-bed · 1,052 sqftAl Fahad Tower 2, Barsha Heights · 18th floor · completed 2016

1802, Al Fahad Tower 2

Sold prices and rental history: sold twice, last in December 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 745K14 December 2022
Current rentAED 65K /yr5 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Al Fahad Tower 2

What is 1802 worth today?

Last sold for AED 745,000 in 2022

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14 Dec 2022SoldReady
AED 745,000AED 708 per sqft
5 Jul 2019RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft
5 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
22 Jun 2017Sold by developerReady
AED 1,483,394AED 1,410 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
18th of 24
Parking
B1-069
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 19,600 /yr
Last sold
AED 745K · December 2022

About 1802, Al Fahad Tower 2

1802 is a one-bedroom apartment of 1,052 sqft on the 18th 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 14 December 2022 for AED 745,000, or AED 708 per sqft, 27% above the AED 557 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 5 July 2019, is AED 65,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical one-bed in Al Fahad Tower 2
500K1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,361,675; 2015 AED 1,208,691; 2016 AED 1,153,751; 2017 AED 1,098,810; 2018 AED 980,406; 2019 AED 1,198,274; 2022 AED 586,577; 2023 AED 722,500Sold by developer, June 2017: AED 1,483,394 (AED 1,410 per sqft)Sold, December 2022: AED 745,000 (AED 708 per sqft)

1802 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1802, each contractTypical one-bed in Al Fahad Tower 2
40K60K80K2017202020232026Typical rent by year: 2017 AED 74,500; 2018 AED 69,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 43,000; 2022 AED 45,500; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 75,000; 2026 AED 80,000New contract, July 2018: AED 65,000 a yearRenewal, July 2019: AED 65,000 a year

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 1802 sits

All 44 1-beds →

1802 last sold in December 2022 at AED 708 per sqft, 27% above what one-beds in Al Fahad Tower 2 were fetching at the time (AED 557). 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. 1802's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Apr 2026900,000
3 Jul 2024830,000
28 Dec 2023800,000
11 Oct 2023700,000
1 1-bed sale 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 18th floor

All 224 units in Al Fahad Tower 2
Value
18012-bedAED 1.64M · Oct 2015
18031-bedAED 1.47M · Apr 2017
18043-bedAED 1.33M · Jun 2022
18052-bedAED 1.39M · Feb 2019
18062-bedAED 900K · Sep 2024
18072-bedAED 1.37M · Mar 2017
18082-bedAED 2.03M · Sep 2016
1–7 of 9

1802, Al Fahad Tower 2 in numbers

  • Sold twice: first on 22 June 2017 for AED 1,483,394, last on 14 December 2022 for AED 745,000 (AED 708 per sqft).
  • Rented since July 2018 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 19,600 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 14 December 2022.

Questions about 1802, Al Fahad Tower 2

What did unit 1802 last sell for?

AED 745,000 on 14 December 2022: AED 708 per sqft for 1,052 sqft. The unit has 2 registered sales; the first was AED 1,483,394 in June 2017.

What is the rent for unit 1802?

AED 65,000 a year on the contract renewed on 5 July 2019. The previous contract, from July 2018, was AED 65,000.

How big is unit 1802?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 18th floor of a 24-storey tower completed in 2016.

What is unit 1802 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 1802, Al Fahad Tower 2

Starts from the last sale price (AED 745K, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 745,000
Deposit, UAE resident (20%)
AED 149,000
Deposit, non-resident (40%)
AED 298,000
Monthly over 25 years at 3.7%
AED 3,048

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