2-bed · 1,550 sqftTwo Towers B, Barsha Heights · 16th floor · completed 2009

B1601, Two Towers B

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1601 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 2.05M16 April 2009
Current rentAED 70K /yr26 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1601, Two Towers B

What is B1601 worth today?

Last sold for AED 2,050,375 in 2009

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26 Jun 2023RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
1 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
7 Apr 2019RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
7 Apr 2018RentedRenewal
AED 103,000/yr12 months · AED 66 per sqft
7 Apr 2017RentedNew contract
AED 108,000/yr12 months · AED 70 per sqft
16 Feb 2016RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
16 Apr 2009Sold by developerOff-plan
AED 2,050,375AED 1,322 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
16th of 24
Parking
B1601
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 26,200 /yr
Last sold
AED 2.05M · April 2009
Building
Two Towers B

About B1601, Two Towers B

B1601 is a two-bedroom apartment of 1,550 sqft on the 16th floor of Two Towers B, a 24-storey tower in Barsha Heights completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. The developer sold it on 16 April 2009 for AED 2,050,375, or AED 1,322 per sqft, 4% below the AED 1,376 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 26 June 2023, is AED 70,000 a year: a gross yield of 3.4% on the 2009 price, before the service charge of about AED 26,200 a year.

Sales and rents for B1601 over time

Sales
Unit B1601, each saleTypical two-bed in Two Towers B
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 2,133,263; 2013 AED 2,181,250; 2014 AED 1,646,978; 2015 AED 1,980,048; 2016 AED 1,730,000; 2017 AED 1,619,648; 2022 AED 1,270,000; 2023 AED 1,150,000; 2024 AED 1,650,000; 2025 AED 1,800,000; 2026 AED 1,850,000Sold by developer, April 2009: AED 2,050,375 (AED 1,322 per sqft)

B1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B1601, each contractTypical two-bed in Two Towers B
75K100K125K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 108,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 81,759; 2021 AED 72,500; 2022 AED 82,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 120,000; 2026 AED 120,000New contract, February 2016: AED 95,000 a yearNew contract, April 2017: AED 108,000 a yearRenewal, April 2018: AED 103,000 a yearRenewal, April 2019: AED 90,000 a yearNew contract, July 2021: AED 70,000 a yearNew contract, June 2023: AED 70,000 a year

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

2-beds in Two Towers B, and where B1601 sits

All 81 2-beds →

B1601 last sold in April 2009 at AED 1,322 per sqft, 4% below what two-beds in Two Towers B were fetching at the time (AED 1,376). Over the last 12 months two-beds sold for AED 1,750,000 to 1,875,000, around AED 1,161 per sqft, and rent for AED 60,000 to 160,000 a year. B1601's AED 70,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20261,850,000
11 Feb 20261,870,000
19 Jan 20261,750,000
15 Dec 20251,875,000
7 2-bed sales in the last 12 months

Two Towers B

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 1,161
Typical sale
AED 1.8M
Typical rent
AED 109K /yr
Typical yield
6.9%
Two Towers B, Barsha Heights: prices, sales and rents →

Other units on the 16th floor

All 138 units in Two Towers B
Value
B16022-bedAED 2.42M · Jun 2015
B16031-bedAED 1.5M · Nov 2025
B16042-bedAED 1.93M · Jun 2015
B16052-bedAED 1.7M · Aug 2021
B16061-bedAED 1.55M · Apr 2009

B1601, Two Towers B in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 16 April 2009 for AED 2,050,375, or AED 1,322 per sqft.
  • Rented since February 2016 on 6 Ejari contracts, from AED 95,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2009 price is 3.4%, before a service charge of about AED 26,200 a year (AED 16.93 per sqft).
  • Two-beds in Two Towers B sold for AED 1,750,000–1,875,000 in the 12 months to November 2026; the building's median across all types is AED 1,161 per sqft.

Source: Dubai Land Department. Updated 26 June 2023.

Questions about B1601, Two Towers B

What did unit B1601 last sell for?

AED 2,050,375 on 16 April 2009, sold by the developer: AED 1,322 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit B1601?

AED 70,000 a year on the contract signed on 26 June 2023. The previous contract, from July 2021, was AED 70,000; the unit has been rented since February 2016.

How big is unit B1601?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2009.

What is unit B1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Two Towers B sold for AED 1,750,000 to 1,875,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on B1601, Two Towers B

Starts from the last sale price (AED 2.05M, 16 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,375
Deposit, UAE resident (20%)
AED 410,075
Deposit, non-resident (40%)
AED 820,150
Monthly over 25 years at 3.7%
AED 8,389

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