A2304, Two Towers A
Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A2304, Two Towers A
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Source: Dubai Land Department. Updated 20 May 2017.
Key facts
- Type
- Penthouse apartment
- Size
- 1,828 sqft
- Floor
- 23rd of 24
- Parking
- A2304
- Developer
- Rashed Darwish Al Ketbi Real Estate Development
- Completed
- 2009
- Service charge
- AED 30,900 /yr
- Last sold
- AED 3.36M · December 2015
- Building
- Two Towers A
About A2304, Two Towers A
A2304 is a penthouse of 1,828 sqft on the 23rd floor of Two Towers A, a 24-storey tower in Barsha Heights completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. The developer sold it on 21 December 2015 for AED 3,364,820, or AED 1,840 per sqft, 24% above the AED 1,480 penthouses in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 20 May 2017, is AED 150,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 30,900 a year.
Penthouses in Two Towers A, and where A2304 sits
All 4 penthouses →A2304 last sold in December 2015 at AED 1,840 per sqft, 24% above what penthouses in Two Towers A were fetching at the time (AED 1,480).
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 201619 January 2016 | 1,842 sqft | 2,370,000 | 1,286 | ||
| 30 Jun 201530 June 2015 | 2,135 sqft | 3,161,630 | 1,480 | ||
| 21 Jun 201521 June 2015 | 1,859 sqft | 2,374,113 | 1,277 |
Two Towers A
Building138 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%
Other units on the 23rd floor
All 138 units in Two Towers AA2304, Two Towers A in numbers
- Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 21 December 2015 for AED 3,364,820, or AED 1,840 per sqft.
- Rented since September 2012 on 4 Ejari contracts, from AED 142,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2015 price is 4.5%, before a service charge of about AED 30,900 a year (AED 16.93 per sqft).
Source: Dubai Land Department. Updated 20 May 2017.
Questions about A2304, Two Towers A
What did unit A2304 last sell for?
AED 3,364,820 on 21 December 2015, sold by the developer: AED 1,840 per sqft for 1,828 sqft. It is the only registered sale of the unit.
What is the rent for unit A2304?
AED 150,000 a year on the contract signed on 20 May 2017. The previous contract, from November 2015, was AED 150,000; the unit has been rented since September 2012.
How big is unit A2304?
1,828 sqft (169.8 sqm): a penthouse on the 23rd floor of a 24-storey tower completed in 2009.
What is unit A2304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A2304, Two Towers A
Starts from the last sale price (AED 3.36M, 21 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,364,820
- Deposit, UAE resident (20%)
- AED 672,964
- Deposit, non-resident (40%)
- AED 1,345,928
- Monthly over 25 years at 3.7%
- AED 13,767
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →