3-bed · 2,890 sqftAl Fahad Tower 2, Barsha Heights · 24th floor · completed 2016

2404, Al Fahad Tower 2

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

Unit 2404 · DLD and Ejari recordsUpdated 14 April 2020
Last soldAED 2.5M29 November 2017
Current rentAED 10K /yr14 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Al Fahad Tower 2

What is 2404 worth today?

Last sold for AED 2,500,000 in 2017

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14 Apr 2020RentedNew contract · flagged as an outlier
AED 10,000/yr36 months · AED 3 per sqft
29 Nov 2017Sold by developerReady
AED 2,500,000AED 864 per sqft

Source: Dubai Land Department. Updated 14 April 2020.

Key facts

Type
3-bed apartment
Size
2,890 sqft
Floor
24th of 24
Parking
G-014 , G-015
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 53,700 /yr
Last sold
AED 2.5M · November 2017

About 2404, Al Fahad Tower 2

2404 is a three-bedroom apartment of 2,890 sqft on the 24th 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 29 November 2017 for AED 2,500,000, or AED 864 per sqft, 8% below the AED 943 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 April 2020. The current contract, signed on 14 April 2020, is AED 10,000 a year: a gross yield of 0.4% on the 2017 price, before the service charge of about AED 53,700 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical three-bed in Al Fahad Tower 2
2M3M2015201820212024Typical sale price by year: 2015 AED 2,906,235; 2017 AED 2,400,000; 2018 AED 2,036,583; 2022 AED 1,330,000; 2025 AED 1,785,864Sold by developer, November 2017: AED 2,500,000 (AED 864 per sqft)

2404 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2404, each contractTypical three-bed in Al Fahad Tower 2
100K150K2017202020232026Typical rent by year: 2017 AED 130,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 95,800; 2023 AED 135,000; 2024 AED 152,250; 2025 AED 154,000; 2026 AED 170,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Fahad Tower 2, and where 2404 sits

All 42 3-beds →

2404 last sold in November 2017 at AED 864 per sqft, 8% below what three-beds in Al Fahad Tower 2 were fetching at the time (AED 943). Over the last 12 months three-beds sold for AED 2,350,000, around AED 1,073 per sqft, and rent for AED 150,000 to 336,000 a year. 2404's AED 10,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Feb 20262,350,000
27 Sep 2025800,000
26 Sep 20251,871,728
25 Jul 20251,500,000
1 3-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 24th floor

All 224 units in Al Fahad Tower 2
Value
24012-bedAED 1.64M · Oct 2015
24021-bedAED 1.2M · Oct 2015
24031-bedAED 1.21M · Oct 2015
24052-bedAED 1.7M · May 2016
24062-bedAED 1M · Oct 2024
24072-bedAED 1.53M · Oct 2015
24082-bedAED 1.43M · Nov 2017
1–7 of 9

2404, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 29 November 2017 for AED 2,500,000, or AED 864 per sqft.
  • Rented since April 2020 on one Ejari contract, at AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2017 price is 0.4%, before a service charge of about AED 53,700 a year (AED 18.59 per sqft).
  • Three-beds in Al Fahad Tower 2 sold for AED 2,350,000–2,350,000 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 April 2020.

Questions about 2404, Al Fahad Tower 2

What did unit 2404 last sell for?

AED 2,500,000 on 29 November 2017, sold by the developer: AED 864 per sqft for 2,890 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 10,000 a year on the contract signed on 14 April 2020.

How big is unit 2404?

2,890 sqft (268.5 sqm): a three-bedroom apartment on the 24th floor of a 24-storey tower completed in 2016.

What is unit 2404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Fahad Tower 2 sold for AED 2,350,000 to 2,350,000 in the last 12 months, around AED 1,073 per sqft.

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Mortgage on 2404, Al Fahad Tower 2

Starts from the last sale price (AED 2.5M, 29 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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