701, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Al Fahad Tower 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 18 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,397 sqft
- Floor
- 7th of 24
- Parking
- B2-071
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 26,000 /yr
- Last sold
- AED 1.86M · October 2015
- Building
- Al Fahad Tower 2
About 701, Al Fahad Tower 2
701 is a two-bedroom apartment of 1,397 sqft on the 7th 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 1,862,013, or AED 1,332 per sqft, 5% above the AED 1,265 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 18 October 2024, is AED 90,000 a year: a gross yield of 4.8% on the 2015 price, before the service charge of about AED 26,000 a year.
Sales and rents for 701 over time
701 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 701 sits
All 138 2-beds →701 last sold in October 2015 at AED 1,332 per sqft, 5% above 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. 701's AED 90,000 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 7th floor
All 224 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,052 sqft | AED 1.18MAED 1,176,487 · Feb 2018February 2018 | 85,000 /yr | |
| 704 | 3-bed | 2,890 sqft | AED 2.5MAED 2,500,000 · Jun 2025June 2025 | 90,000 /yr | |
| 705 | 2-bed | 1,234 sqft | AED 1.28MAED 1,275,000 · Jul 2017July 2017 | ||
| 706 | 2-bed | 1,185 sqft | AED 1.03MAED 1,028,910 · Mar 2018March 2018 | 142,500 /yr | |
| 707 | 2-bed | 1,344 sqft | AED 1.19MAED 1,192,975 · Feb 2018February 2018 | 145,000 /yr | |
| 708 | 2-bed | 1,451 sqft | AED 1.5MAED 1,504,570 · Dec 2015December 2015 | 60,000 /yr | |
| 709 | 2-bed | 1,174 sqft | AED 1.15MAED 1,150,000 · Oct 2024October 2024 | 88,338 /yr | |
| 710 | 3-bed | 2,190 sqft | AED 2.91MAED 2,906,235 · Oct 2015October 2015 |
701, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 29 October 2015 for AED 1,862,013, or AED 1,332 per sqft.
- Rented since April 2021 on 3 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2015 price is 4.8%, before a service charge of about AED 26,000 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 18 October 2024.
Questions about 701, Al Fahad Tower 2
What did unit 701 last sell for?
AED 1,862,013 on 29 October 2015, sold by the developer: AED 1,332 per sqft for 1,397 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 90,000 a year on the contract signed on 18 October 2024. The previous contract, from October 2024, was AED 90,000; the unit has been rented since April 2021.
How big is unit 701?
1,397 sqft (129.8 sqm): a two-bedroom apartment on the 7th floor of a 24-storey tower completed in 2016.
What is unit 701 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 701, Al Fahad Tower 2
Starts from the last sale price (AED 1.86M, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,862,013
- Deposit, UAE resident (20%)
- AED 372,403
- Deposit, non-resident (40%)
- AED 744,805
- Monthly over 25 years at 3.7%
- AED 7,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →