408, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in August 2014, 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 408, Al Fahad Tower 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 20 June 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,451 sqft
- Floor
- 4th of 24
- Parking
- B2-038 , B2-039
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 27,000 /yr
- Last sold
- AED 1.81M · August 2014
- Building
- Al Fahad Tower 2
About 408, Al Fahad Tower 2
408 is a two-bedroom apartment of 1,451 sqft on the 4th 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 6 August 2014 for AED 1,805,484, or AED 1,244 per sqft, in line with the AED 1,210 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 June 2022, is AED 19,965 a year: a gross yield of 1.1% on the 2014 price, before the service charge of about AED 27,000 a year.
Sales and rents for 408 over time
408 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 408 sits
All 138 2-beds →408 last sold in August 2014 at AED 1,244 per sqft, in line with what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,210). 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. 408's AED 19,965 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 4th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,397 sqft | AED 1.64MAED 1,638,571 · May 2016May 2016 | 82,000 /yr | |
| 402 | 1-bed | 1,052 sqft | AED 1.67MAED 1,666,690 · Jan 2016January 2016 | 61,226 /yr | |
| 403 | 1-bed | 1,051 sqft | AED 1.32MAED 1,318,572 · Oct 2015October 2015 | 85,000 /yr | |
| 404 | 3-bed | 2,890 sqft | AED 3.1MAED 3,100,619 · May 2015May 2015 | ||
| 405 | 2-bed | 1,234 sqft | AED 1.08MAED 1,080,000 · Feb 2018February 2018 | 150,000 /yr | |
| 406 | 2-bed | 1,185 sqft | AED 619KAED 618,506 · Feb 2022February 2022 | 90,000 /yr | |
| 407 | 2-bed | 1,344 sqft | AED 1.66MAED 1,664,616 · Aug 2026August 2026 | 120,000 /yr | |
| 409 | 2-bed | 1,174 sqft | AED 975KAED 975,000 · Jun 2023June 2023 | 65,320 /yr | |
| 410 | 3-bed | 2,190 sqft | AED 2.91MAED 2,906,235 · Oct 2015October 2015 |
408, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 6 August 2014 for AED 1,805,484, or AED 1,244 per sqft.
- Rented since May 2019 on 4 Ejari contracts, from AED 72,000 to AED 19,965 a year.
- At AED 19,965 a year the gross yield on the 2014 price is 1.1%, before a service charge of about AED 27,000 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 20 June 2022.
Questions about 408, Al Fahad Tower 2
What did unit 408 last sell for?
AED 1,805,484 on 6 August 2014, sold by the developer: AED 1,244 per sqft for 1,451 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 19,965 a year on the contract renewed on 20 June 2022. The previous contract, from June 2021, was AED 60,000; the unit has been rented since May 2019.
How big is unit 408?
1,451 sqft (134.8 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2016.
What is unit 408 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 408, Al Fahad Tower 2
Starts from the last sale price (AED 1.81M, 6 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,805,484
- Deposit, UAE resident (20%)
- AED 361,097
- Deposit, non-resident (40%)
- AED 722,194
- Monthly over 25 years at 3.7%
- AED 7,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →