Penthouse · 1,839 sqftTwo Towers B, Barsha Heights · 24th floor · completed 2009

B2402, Two Towers B

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B2402 · DLD and Ejari recordsUpdated 9 December 2015
Last soldAED 3.4M29 October 2015
Current rentAED 120K /yr9 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B2402, Two Towers B

What is B2402 worth today?

Last sold for AED 3,403,800 in 2015

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9 Dec 2015RentedRenewal
AED 120,000/yr12 months · AED 65 per sqft
29 Oct 2015Sold by developerReady
AED 3,403,800AED 1,851 per sqft
9 Dec 2014RentedNew contract
AED 170,000/yr12 months · AED 92 per sqft
27 Dec 2012RentedNew contract
AED 145,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 9 December 2015.

Key facts

Type
Penthouse apartment
Size
1,839 sqft
Floor
24th of 24
Parking
B2402
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 31,100 /yr
Last sold
AED 3.4M · October 2015
Building
Two Towers B

About B2402, Two Towers B

B2402 is a penthouse of 1,839 sqft on the 24th 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 29 October 2015 for AED 3,403,800, or AED 1,851 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 9 December 2015, is AED 120,000 a year: a gross yield of 3.5% on the 2015 price, before the service charge of about AED 31,100 a year.

Penthouses in Two Towers B, and where B2402 sits

All 5 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
5 Aug 20253,000,000
22 Jan 20132,261,032
20 Dec 20112,000,000
16 Apr 20092,849,000
0 penthouse 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 24th floor

All 138 units in Two Towers B
Value
B24011-bedNo registered sale
B24031-bedNo registered sale
B2404PenthouseAED 2M · Dec 2011
B24051-bedNo registered sale
B24061-bedNo registered sale

B2402, Two Towers B in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 29 October 2015 for AED 3,403,800, or AED 1,851 per sqft.
  • Rented since December 2012 on 3 Ejari contracts, from AED 145,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 3.5%, before a service charge of about AED 31,100 a year (AED 16.93 per sqft).

Source: Dubai Land Department. Updated 9 December 2015.

Questions about B2402, Two Towers B

What did unit B2402 last sell for?

AED 3,403,800 on 29 October 2015, sold by the developer: AED 1,851 per sqft for 1,839 sqft. It is the only registered sale of the unit.

What is the rent for unit B2402?

AED 120,000 a year on the contract renewed on 9 December 2015. The previous contract, from December 2014, was AED 170,000; the unit has been rented since December 2012.

How big is unit B2402?

1,839 sqft (170.8 sqm): a penthouse on the 24th floor of a 24-storey tower completed in 2009.

What is unit B2402 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 B2402, Two Towers B

Starts from the last sale price (AED 3.4M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,403,800
Deposit, UAE resident (20%)
AED 680,760
Deposit, non-resident (40%)
AED 1,361,520
Monthly over 25 years at 3.7%
AED 13,926

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