2407, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Al Fahad Tower 2
What is 2407 worth today?
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Source: Dubai Land Department. Updated 15 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,344 sqft
- Floor
- 24th of 24
- Parking
- G-019 , G-020
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.53M · October 2015
- Building
- Al Fahad Tower 2
About 2407, Al Fahad Tower 2
2407 is a two-bedroom apartment of 1,344 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 October 2015 for AED 1,525,898, or AED 1,135 per sqft, 10% below the AED 1,265 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 62,000 a year: a gross yield of 4.1% on the 2015 price, before the service charge of about AED 25,000 a year.
Sales and rents for 2407 over time
2407 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 2407 sits
All 138 2-beds →2407 last sold in October 2015 at AED 1,135 per sqft, 10% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,265). 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. 2407's AED 62,000 is at the bottom 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 24th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,397 sqft | AED 1.64MAED 1,638,571 · Oct 2015October 2015 | 93,500 /yr | |
| 2402 | 1-bed | 1,052 sqft | AED 1.2MAED 1,198,274 · Oct 2015October 2015 | 58,190 /yr | |
| 2403 | 1-bed | 1,051 sqft | AED 1.21MAED 1,208,691 · Oct 2015October 2015 | 68,355 /yr | |
| 2404 | 3-bed | 2,890 sqft | AED 2.5MAED 2,500,000 · Nov 2017November 2017 | 10,000 /yr | |
| 2405 | 2-bed | 1,234 sqft | AED 1.7MAED 1,701,716 · May 2016May 2016 | 93,500 /yr | |
| 2406 | 2-bed | 1,185 sqft | AED 1MAED 1,000,000 · Oct 2024October 2024 | 105,000 /yr | |
| 2408 | 2-bed | 1,451 sqft | AED 1.43MAED 1,429,342 · Nov 2017November 2017 | 110,000 /yr | |
| 2409 | 2-bed | 1,174 sqft | AED 1.34MAED 1,343,738 · Oct 2015October 2015 | 90,000 /yr | |
| 2410 | 3-bed | 2,190 sqft | AED 2.35MAED 2,350,000 · Feb 2026February 2026 |
2407, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 29 October 2015 for AED 1,525,898, or AED 1,135 per sqft.
- Rented since May 2017 on 6 Ejari contracts, from AED 99,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2015 price is 4.1%, before a service charge of about AED 25,000 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 September 2022.
Questions about 2407, Al Fahad Tower 2
What did unit 2407 last sell for?
AED 1,525,898 on 29 October 2015, sold by the developer: AED 1,135 per sqft for 1,344 sqft. It is the only registered sale of the unit.
What is the rent for unit 2407?
AED 62,000 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 62,000; the unit has been rented since May 2017.
How big is unit 2407?
1,344 sqft (124.9 sqm): a two-bedroom apartment on the 24th floor of a 24-storey tower completed in 2016.
What is unit 2407 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 2407, Al Fahad Tower 2
Starts from the last sale price (AED 1.53M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,525,898
- Deposit, UAE resident (20%)
- AED 305,180
- Deposit, non-resident (40%)
- AED 610,359
- Monthly over 25 years at 3.7%
- AED 6,243
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →