509, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in May 2017, 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 509, Al Fahad Tower 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 28 September 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,174 sqft
- Floor
- 5th of 24
- Parking
- B2-055 , B2-056
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 21,800 /yr
- Last sold
- AED 1.28M · May 2017
- Building
- Al Fahad Tower 2
About 509, Al Fahad Tower 2
509 is a two-bedroom apartment of 1,174 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 2 May 2017 for AED 1,282,659, or AED 1,092 per sqft, 11% below the AED 1,223 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 September 2021, is AED 56,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 21,800 a year.
Sales and rents for 509 over time
509 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 509 sits
All 138 2-beds →509 last sold in May 2017 at AED 1,092 per sqft, 11% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 1,223). 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. 509's AED 56,000 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 | |
| 508 | 2-bed | 1,451 sqft | AED 1.82MAED 1,820,530 · Oct 2015October 2015 | 77,000 /yr | |
| 510 | 3-bed | 2,190 sqft | AED 2.91MAED 2,906,235 · Oct 2015October 2015 |
509, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 2 May 2017 for AED 1,282,659, or AED 1,092 per sqft.
- Rented since May 2017 on 5 Ejari contracts, from AED 85,000 to AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 21,800 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 28 September 2021.
Questions about 509, Al Fahad Tower 2
What did unit 509 last sell for?
AED 1,282,659 on 2 May 2017, sold by the developer: AED 1,092 per sqft for 1,174 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 56,000 a year on the contract signed on 28 September 2021. The previous contract, from July 2020, was AED 58,000; the unit has been rented since May 2017.
How big is unit 509?
1,174 sqft (109.1 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2016.
What is unit 509 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 509, Al Fahad Tower 2
Starts from the last sale price (AED 1.28M, 2 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,282,659
- Deposit, UAE resident (20%)
- AED 256,532
- Deposit, non-resident (40%)
- AED 513,064
- Monthly over 25 years at 3.7%
- AED 5,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →