508, 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 508, Al Fahad Tower 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,451 sqft
- Floor
- 5th of 24
- Parking
- B2-054
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 27,000 /yr
- Last sold
- AED 1.82M · October 2015
- Building
- Al Fahad Tower 2
About 508, Al Fahad Tower 2
508 is a two-bedroom apartment of 1,451 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 29 October 2015 for AED 1,820,530, or AED 1,254 per sqft, in line with the AED 1,265 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 April 2023, is AED 77,000 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 27,000 a year.
Sales and rents for 508 over time
508 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 508 sits
All 138 2-beds →508 last sold in October 2015 at AED 1,254 per sqft, in line with 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. 508's AED 77,000 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 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 | |
| 506 | 2-bed | 1,185 sqft | AED 1.36MAED 1,356,168 · Mar 2023March 2023 | 114,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 1.66MAED 1,664,616 · Apr 2017April 2017 | 80,000 /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 |
508, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 29 October 2015 for AED 1,820,530, or AED 1,254 per sqft.
- Rented since August 2017 on 4 Ejari contracts, from AED 90,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2015 price is 4.2%, 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 15 April 2023.
Questions about 508, Al Fahad Tower 2
What did unit 508 last sell for?
AED 1,820,530 on 29 October 2015, sold by the developer: AED 1,254 per sqft for 1,451 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 77,000 a year on the contract signed on 15 April 2023. The previous contract, from April 2022, was AED 71,000; the unit has been rented since August 2017.
How big is unit 508?
1,451 sqft (134.8 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2016.
What is unit 508 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 508, Al Fahad Tower 2
Starts from the last sale price (AED 1.82M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,820,530
- Deposit, UAE resident (20%)
- AED 364,106
- Deposit, non-resident (40%)
- AED 728,212
- Monthly over 25 years at 3.7%
- AED 7,448
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →