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2-bed · 1,174 sqftAl Fahad Tower 2, Barsha Heights · 23rd floor · completed 2016

2309, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2309 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 1M26 February 2020
Current rentAED 56K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2309, Al Fahad Tower 2

What is 2309 worth today?

Last sold for AED 1,000,000 in 2020

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1 May 2021RentedNew contract
AED 56,349/yr12 months · AED 48 per sqft
26 Feb 2020Sold by developerReady
AED 1,000,000AED 852 per sqft
15 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
2-bed apartment
Size
1,174 sqft
Floor
23rd of 24
Parking
G-062 , G-063
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 21,800 /yr
Last sold
AED 1M · February 2020
Building
Al Fahad Tower 2

About 2309, Al Fahad Tower 2

2309 is a two-bedroom apartment of 1,174 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 February 2020 for AED 1,000,000, or AED 852 per sqft, 17% below the AED 1,021 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 May 2021, is AED 56,349 a year: a gross yield of 5.6% on the 2020 price, before the service charge of about AED 21,800 a year.

Sales and rents for 2309 over time

Sales
Unit 2309, 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, February 2020: AED 1,000,000 (AED 852 per sqft)

2309 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2309, each contractTypical two-bed in Al Fahad Tower 2
50K100K2017202020232026Typical 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 2017: AED 75,000 a yearNew contract, May 2021: AED 56,349 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 2309 sits

All 138 2-beds →

2309 last sold in February 2020 at AED 852 per sqft, 17% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,021). 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. 2309's AED 56,349 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 23rd floor

All 224 units in Al Fahad Tower 2
Value
23012-bedAED 1.79M · Aug 2016
23021-bedAED 900K · Apr 2026
23031-bedAED 1M · Jun 2017
23042-bedAED 1.09M · Jun 2022
23052-bedAED 950K · Oct 2025
23062-bedAED 847K · Jul 2018
23072-bedAED 1.35M · Nov 2026
1–7 of 10

2309, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 26 February 2020 for AED 1,000,000, or AED 852 per sqft.
  • Rented since February 2017 on 2 Ejari contracts, from AED 75,000 to AED 56,349 a year.
  • At AED 56,349 a year the gross yield on the 2020 price is 5.6%, before a service charge of about AED 21,800 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 1 May 2021.

Questions about 2309, Al Fahad Tower 2

What did unit 2309 last sell for?

AED 1,000,000 on 26 February 2020, sold by the developer: AED 852 per sqft for 1,174 sqft. It is the only registered sale of the unit.

What is the rent for unit 2309?

AED 56,349 a year on the contract signed on 1 May 2021. The previous contract, from February 2017, was AED 75,000.

How big is unit 2309?

1,174 sqft (109.1 sqm): a two-bedroom apartment on the 23rd floor of a 24-storey tower completed in 2016.

What is unit 2309 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 2309, Al Fahad Tower 2

Starts from the last sale price (AED 1M, 26 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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