2306, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in July 2018, 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 2306, Al Fahad Tower 2
What is 2306 worth today?
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Source: Dubai Land Department. Updated 15 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 23rd of 24
- Parking
- G-002 , G-003
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 22,000 /yr
- Last sold
- AED 847K · July 2018
- Building
- Al Fahad Tower 2
About 2306, Al Fahad Tower 2
2306 is a two-bedroom apartment of 1,185 sqft on the 23rd 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 July 2018 for AED 847,118, or AED 714 per sqft, 26% below the AED 968 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 May 2023, is AED 85,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 22,000 a year.
Sales and rents for 2306 over time
2306 has sold once; the dashed line is the two-bed median of each year in the building.
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 2306 sits
All 138 2-beds →2306 last sold in July 2018 at AED 714 per sqft, 26% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 968). 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. 2306's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,344 sqft | 1,350,000 | 1,004 | ||
| 2 Nov 20262 November 2026 | 1,451 sqft | 1,200,000 | 827 | ||
| 20 Oct 202620 October 2026 | 1,185 sqft | 1,220,000 | 1,029 | ||
| 26 Aug 202626 August 2026 | 1,344 sqft | 1,664,616 | 1,238 |
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 23rd floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,397 sqft | AED 1.79MAED 1,787,532 · Aug 2016August 2016 | 100,000 /yr | |
| 2302 | 1-bed | 1,052 sqft | AED 900KAED 900,000 · Apr 2026April 2026 | 75,000 /yr | |
| 2303 | 1-bed | 1,051 sqft | AED 1MAED 1,000,000 · Jun 2017June 2017 | 80,000 /yr | |
| 2304 | 2-bed | 1,714 sqft | AED 1.09MAED 1,091,322 · Jun 2022June 2022 | 140,000 /yr | |
| 2305 | 2-bed | 1,234 sqft | AED 950KAED 950,000 · Oct 2025October 2025 | 106,000 /yr | |
| 2307 | 2-bed | 1,344 sqft | AED 1.35MAED 1,350,000 · Nov 2026November 2026 | 120,000 /yr | |
| 2308 | 2-bed | 1,451 sqft | AED 1.21MAED 1,210,000 · Aug 2025August 2025 | 120,000 /yr | |
| 2309 | 2-bed | 1,174 sqft | AED 1MAED 1,000,000 · Feb 2020February 2020 | 56,349 /yr | |
| 2310 | 3-bed | 2,190 sqft | AED 2MAED 2,000,000 · Nov 2018November 2018 | ||
| 2311 | 2-bed | 1,215 sqft | AED 774KAED 773,679 · Jun 2022June 2022 | 140,000 /yr |
2306, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 26 July 2018 for AED 847,118, or AED 714 per sqft.
- Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2021 and recovered to AED 85,000 by May 2023.
- At AED 85,000 a year the gross yield on the 2018 price is 10.0%, before a service charge of about AED 22,000 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 15 May 2023.
Questions about 2306, Al Fahad Tower 2
What did unit 2306 last sell for?
AED 847,118 on 26 July 2018, sold by the developer: AED 714 per sqft for 1,185 sqft. It is the only registered sale of the unit.
What is the rent for unit 2306?
AED 85,000 a year on the contract signed on 15 May 2023. The previous contract, from June 2021, was AED 60,000; the unit has been rented since January 2019.
How big is unit 2306?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 23rd floor of a 24-storey tower completed in 2016.
What is unit 2306 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 2306, Al Fahad Tower 2
Starts from the last sale price (AED 847K, 26 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 847,118
- Deposit, UAE resident (20%)
- AED 169,424
- Deposit, non-resident (40%)
- AED 338,847
- Monthly over 25 years at 3.7%
- AED 3,466
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →