2-bed · 1,550 sqftTwo Towers B, Barsha Heights · 17th floor · completed 2009

B1702, Two Towers B

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1702 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 1.59M10 August 2014
Current rentAED 115K /yr24 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B1702, Two Towers B

What is B1702 worth today?

Last sold for AED 1,592,255 in 2014

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24 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 74 per sqft
24 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
24 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
1 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
10 Aug 2014Sold by developerReady
AED 1,592,255AED 1,027 per sqft
15 Mar 2014RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
17th of 24
Parking
B1702
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 26,200 /yr
Last sold
AED 1.59M · August 2014
Building
Two Towers B

About B1702, Two Towers B

B1702 is a two-bedroom apartment of 1,550 sqft on the 17th 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 10 August 2014 for AED 1,592,255, or AED 1,027 per sqft, in line with the AED 1,046 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 24 October 2024, is AED 115,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 26,200 a year.

Sales and rents for B1702 over time

Sales
Unit B1702, 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, August 2014: AED 1,592,255 (AED 1,027 per sqft)

B1702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit B1702, 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, March 2014: AED 120,000 a yearNew contract, August 2020: AED 75,000 a yearNew contract, October 2022: AED 115,000 a yearNew contract, October 2023: AED 115,000 a yearRenewal, October 2024: AED 115,000 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 B1702 sits

All 81 2-beds →

B1702 last sold in August 2014 at AED 1,027 per sqft, in line with what two-beds in Two Towers B were fetching at the time (AED 1,046). 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. B1702's AED 115,000 is in the upper 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 17th floor

All 138 units in Two Towers B
Value
B17012-bedAED 1.73M · Mar 2016
B17031-bedAED 1.04M · Jun 2023
B17042-bedAED 1.59M · Jul 2024
B17052-bedAED 1.65M · Mar 2024
B17061-bedAED 1.65M · Jun 2015

B1702, Two Towers B in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 10 August 2014 for AED 1,592,255, or AED 1,027 per sqft.
  • Rented since March 2014 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 115,000 by October 2024.
  • At AED 115,000 a year the gross yield on the 2014 price is 7.2%, 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 24 October 2024.

Questions about B1702, Two Towers B

What did unit B1702 last sell for?

AED 1,592,255 on 10 August 2014, sold by the developer: AED 1,027 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit B1702?

AED 115,000 a year on the contract renewed on 24 October 2024. The previous contract, from October 2023, was AED 115,000; the unit has been rented since March 2014.

How big is unit B1702?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2009.

What is unit B1702 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 B1702, Two Towers B

Starts from the last sale price (AED 1.59M, 10 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,592,255
Deposit, UAE resident (20%)
AED 318,451
Deposit, non-resident (40%)
AED 636,902
Monthly over 25 years at 3.7%
AED 6,514

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