1-bed · 1,182 sqftTwo Towers A, Barsha Heights · 16th floor · completed 2009

A1603, Two Towers A

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1603 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 1.17M28 March 2024
Current rentAED 84K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A1603, Two Towers A

What is A1603 worth today?

Last sold for AED 1,165,000 in 2024

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28 Mar 2024SoldReady
AED 1,165,000AED 985 per sqft
1 Feb 2024RentedNew contract
AED 84,000/yr12 months · AED 71 per sqft
1 Feb 2023RentedNew contract
AED 84,000/yr12 months · AED 71 per sqft
1 Apr 2022RentedNew contract
AED 72,000/yr12 months · AED 61 per sqft
2 May 2019Sold by developerReady
AED 850,000AED 718 per sqft
15 May 2018RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
16th of 24
Parking
A1603
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.17M · March 2024
Building
Two Towers A

About A1603, Two Towers A

A1603 is a one-bedroom apartment of 1,182 sqft on the 16th floor of Two Towers A, a 24-storey tower in Barsha Heights completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. It last sold on 28 March 2024 for AED 1,165,000, or AED 985 per sqft, in line with the AED 985 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 February 2024, is AED 84,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 20,000 a year.

Sales and rents for A1603 over time

Sales
Unit A1603, each saleTypical one-bed in Two Towers A
1M1.5M2014201720202023Typical sale price by year: 2014 AED 1,288,114; 2015 AED 1,646,700; 2023 AED 1,308,450Sold by developer, May 2019: AED 850,000 (AED 718 per sqft)Sold, March 2024: AED 1,165,000 (AED 985 per sqft)

A1603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1603, each contractTypical one-bed in Two Towers A
60K80K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 84,000; 2014 AED 100,000; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 92,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 65,500; 2021 AED 59,500; 2022 AED 68,000; 2023 AED 72,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 95,000New contract, May 2018: AED 85,000 a yearNew contract, April 2022: AED 72,000 a yearNew contract, February 2023: AED 84,000 a yearNew contract, February 2024: AED 84,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Two Towers A, and where A1603 sits

All 51 1-beds →

A1603 last sold in March 2024 at AED 985 per sqft, in line with what one-beds in Two Towers A were fetching at the time (AED 985). Over the last 12 months one-beds sold for AED 1,250,000 to 1,883,780, around AED 1,325 per sqft, and rent for AED 69,850 to 180,485 a year. A1603's AED 84,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,250,000
30 Dec 20251,883,780
23 Jan 20251,300,000
15 Apr 20241,646,700
2 1-bed sales in the last 12 months

Two Towers A

Building

138 apartments, 1-bed to 2-bed over 24 floors in Barsha Heights, completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,290
Typical sale
AED 1.88M
Typical rent
AED 120K /yr
Typical yield
6.2%
Two Towers A, Barsha Heights: prices, sales and rents →

Other units on the 16th floor

All 138 units in Two Towers A
Value
A16012-bedAED 1.91M · Oct 2015
A16022-bedAED 1.9M · Dec 2016
A16042-bedAED 1.9M · Dec 2016
A16052-bedNo registered sale
A16061-bedAED 1.65M · Jun 2015

A1603, Two Towers A in numbers

  • Sold twice: first on 2 May 2019 for AED 850,000, last on 28 March 2024 for AED 1,165,000 (AED 985 per sqft).
  • Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 72,000 in 2022 and recovered to AED 84,000 by February 2024.
  • At AED 84,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 20,000 a year (AED 16.93 per sqft).
  • One-beds in Two Towers A sold for AED 1,250,000–1,883,780 in the 12 months to November 2026; the building's median across all types is AED 1,290 per sqft.

Source: Dubai Land Department. Updated 28 March 2024.

Questions about A1603, Two Towers A

What did unit A1603 last sell for?

AED 1,165,000 on 28 March 2024: AED 985 per sqft for 1,182 sqft. The unit has 2 registered sales; the first was AED 850,000 in May 2019.

What is the rent for unit A1603?

AED 84,000 a year on the contract signed on 1 February 2024. The previous contract, from February 2023, was AED 84,000; the unit has been rented since May 2018.

How big is unit A1603?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2009.

What is unit A1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Two Towers A sold for AED 1,250,000 to 1,883,780 in the last 12 months, around AED 1,325 per sqft.

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Mortgage on A1603, Two Towers A

Starts from the last sale price (AED 1.17M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,165,000
Deposit, UAE resident (20%)
AED 233,000
Deposit, non-resident (40%)
AED 466,000
Monthly over 25 years at 3.7%
AED 4,766

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →