A2305, Two Towers A
Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A2305, Two Towers A
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Source: Dubai Land Department. Updated 19 January 2016.
Key facts
- Type
- Penthouse apartment
- Size
- 1,842 sqft
- Floor
- 23rd of 24
- Parking
- A2305
- Developer
- Rashed Darwish Al Ketbi Real Estate Development
- Completed
- 2009
- Service charge
- AED 31,200 /yr
- Last sold
- AED 2.37M · January 2016
- Building
- Two Towers A
About A2305, Two Towers A
A2305 is a penthouse of 1,842 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 19 January 2016 for AED 2,370,000, or AED 1,286 per sqft, 7% below the AED 1,383 penthouses in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 11 January 2015, is AED 142,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 31,200 a year.
Penthouses in Two Towers A, and where A2305 sits
All 4 penthouses →A2305 last sold in January 2016 at AED 1,286 per sqft, 7% below what penthouses in Two Towers A were fetching at the time (AED 1,383).
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Dec 201521 December 2015 | 1,828 sqft | 3,364,820 | 1,840 | ||
| 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 AA2305, Two Towers A in numbers
- Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 19 January 2016 for AED 2,370,000, or AED 1,286 per sqft.
- Rented since January 2013 on 2 Ejari contracts, at AED 142,000 a year.
- At AED 142,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 31,200 a year (AED 16.93 per sqft).
Source: Dubai Land Department. Updated 19 January 2016.
Questions about A2305, Two Towers A
What did unit A2305 last sell for?
AED 2,370,000 on 19 January 2016, sold by the developer: AED 1,286 per sqft for 1,842 sqft. It is the only registered sale of the unit.
What is the rent for unit A2305?
AED 142,000 a year on the contract signed on 11 January 2015. The previous contract, from January 2013, was AED 142,000.
How big is unit A2305?
1,842 sqft (171.1 sqm): a penthouse on the 23rd floor of a 24-storey tower completed in 2009.
What is unit A2305 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 A2305, Two Towers A
Starts from the last sale price (AED 2.37M, 19 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,370,000
- Deposit, UAE resident (20%)
- AED 474,000
- Deposit, non-resident (40%)
- AED 948,000
- Monthly over 25 years at 3.7%
- AED 9,696
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →