506, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in March 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Fahad Tower 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 5th of 24
- Parking
- B2-051 , B2-052
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.36M · March 2023
- Building
- Al Fahad Tower 2
About 506, Al Fahad Tower 2
506 is a two-bedroom apartment of 1,185 sqft on the 5th 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 13 March 2023 for AED 1,356,168, or AED 1,144 per sqft, 64% above the AED 699 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 November 2026, is AED 114,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 22,000 a year.
Sales and rents for 506 over time
506 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 506 sits
All 138 2-beds →506 last sold in March 2023 at AED 1,144 per sqft, 64% above what two-beds in Al Fahad Tower 2 were fetching at the time (AED 699). 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. 506's AED 114,000 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 5th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,397 sqft | AED 850KAED 850,000 · Jul 2022July 2022 | 120,000 /yr | |
| 502 | 1-bed | 1,052 sqft | AED 455KAED 455,000 · Jul 2022July 2022 | 22,000 /yr | |
| 503 | 1-bed | 1,051 sqft | AED 1.21MAED 1,208,691 · Oct 2015October 2015 | 49,500 /yr | |
| 504 | 3-bed | 2,890 sqft | AED 2.5MAED 2,500,000 · Dec 2018December 2018 | 40,000 /yr | |
| 505 | 2-bed | 1,234 sqft | AED 900KAED 900,000 · May 2023May 2023 | 110,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 1.66MAED 1,664,616 · Apr 2017April 2017 | 80,000 /yr | |
| 508 | 2-bed | 1,451 sqft | AED 1.82MAED 1,820,530 · Oct 2015October 2015 | 77,000 /yr | |
| 509 | 2-bed | 1,174 sqft | AED 1.28MAED 1,282,659 · May 2017May 2017 | 56,000 /yr | |
| 510 | 3-bed | 2,190 sqft | AED 2.91MAED 2,906,235 · Oct 2015October 2015 |
506, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 13 March 2023 for AED 1,356,168, or AED 1,144 per sqft.
- Rented since November 2020 on 5 Ejari contracts, from AED 48,000 to AED 114,000 a year.
- At AED 114,000 a year the gross yield on the 2023 price is 8.4%, 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 3 November 2026.
Questions about 506, Al Fahad Tower 2
What did unit 506 last sell for?
AED 1,356,168 on 13 March 2023, sold by the developer: AED 1,144 per sqft for 1,185 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 114,000 a year on the contract renewed on 3 November 2026. The previous contract, from November 2025, was AED 115,000; the unit has been rented since November 2020.
How big is unit 506?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2016.
What is unit 506 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 506, Al Fahad Tower 2
Starts from the last sale price (AED 1.36M, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,356,168
- Deposit, UAE resident (20%)
- AED 271,234
- Deposit, non-resident (40%)
- AED 542,467
- Monthly over 25 years at 3.7%
- AED 5,549
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →