2002, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in February 2019, 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 2002, Al Fahad Tower 2
What is 2002 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,052 sqft
- Floor
- 20th of 24
- Parking
- B1-099
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.2M · February 2019
- Building
- Al Fahad Tower 2
About 2002, Al Fahad Tower 2
2002 is a one-bedroom apartment of 1,052 sqft on the 20th 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 26 February 2019 for AED 1,198,274, or AED 1,139 per sqft, in line with the AED 1,139 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2023, is AED 57,000 a year: a gross yield of 4.8% on the 2019 price, before the service charge of about AED 19,600 a year.
Sales and rents for 2002 over time
2002 has sold once; 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 2002 sits
All 44 1-beds →2002 last sold in February 2019 at AED 1,139 per sqft, in line with what one-beds in Al Fahad Tower 2 were fetching at the time (AED 1,139). 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. 2002's AED 57,000 is at the bottom 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 | ||
| 28 Dec 202328 December 2023 | 1,051 sqft | 800,000 | 761 | ||
| 11 Oct 202311 October 2023 | 1,051 sqft | 700,000 | 665 |
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 20th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,397 sqft | AED 1.64MAED 1,638,571 · Feb 2019February 2019 | 79,086 /yr | |
| 2003 | 1-bed | 1,051 sqft | AED 1.21MAED 1,208,691 · Feb 2019February 2019 | 57,684 /yr | |
| 2004 | 3-bed | 2,890 sqft | AED 3.25MAED 3,248,267 · Dec 2017December 2017 | ||
| 2005 | 2-bed | 1,234 sqft | AED 1.45MAED 1,449,610 · May 2017May 2017 | 100,000 /yr | |
| 2006 | 2-bed | 1,185 sqft | AED 1.2MAED 1,200,000 · Nov 2017November 2017 | ||
| 2008 | 2-bed | 1,451 sqft | AED 600KAED 600,000 · Sep 2023September 2023 | 100,000 /yr | |
| 2009 | 2-bed | 1,174 sqft | AED 1.34MAED 1,343,738 · Nov 2015November 2015 | 115,000 /yr | |
| 2010 | 3-bed | 2,190 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | 130,000 /yr |
2002, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 26 February 2019 for AED 1,198,274, or AED 1,139 per sqft.
- Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 57,000 by October 2023.
- At AED 57,000 a year the gross yield on the 2019 price is 4.8%, 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 1 October 2023.
Questions about 2002, Al Fahad Tower 2
What did unit 2002 last sell for?
AED 1,198,274 on 26 February 2019, sold by the developer: AED 1,139 per sqft for 1,052 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 57,000 a year on the contract signed on 1 October 2023. The previous contract, from September 2022, was AED 45,000; the unit has been rented since April 2019.
How big is unit 2002?
1,052 sqft (97.7 sqm): a one-bedroom apartment on the 20th floor of a 24-storey tower completed in 2016.
What is unit 2002 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 2002, Al Fahad Tower 2
Starts from the last sale price (AED 1.2M, 26 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,198,274
- Deposit, UAE resident (20%)
- AED 239,655
- Deposit, non-resident (40%)
- AED 479,310
- Monthly over 25 years at 3.7%
- AED 4,903
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →