1-bed · 879 sqftAhad Residences, Business Bay · 12th floor · completed 2023

1214, Ahad Residences

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1214 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 1.55M23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1214, Ahad Residences

What is 1214 worth today?

Last sold for AED 1,545,640 in 2022

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23 Aug 2022Sold by developerOff-plan
AED 1,545,640AED 1,758 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
1-bed apartment
Size
879 sqft
Floor
12th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 15,800 /yr
Last sold
AED 1.55M · August 2022

About 1214, Ahad Residences

1214 is a one-bedroom apartment of 879 sqft on the 12th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development . The developer sold it on 23 August 2022 for AED 1,545,640, or AED 1,758 per sqft, 7% above the AED 1,645 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1214 over time

Sales
Unit 1214, each saleTypical one-bed in Ahad Residences
1.5M1.75M2M202220242026Typical sale price by year: 2022 AED 1,398,338; 2023 AED 1,645,369; 2024 AED 1,730,000; 2025 AED 1,917,500; 2026 AED 1,750,000Sold by developer, August 2022: AED 1,545,640 (AED 1,758 per sqft)

1214 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1214, each contractTypical one-bed in Ahad Residences
115K118K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000

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

1-beds in Ahad Residences, and where 1214 sits

All 227 1-beds →

1214 last sold in August 2022 at AED 1,758 per sqft, 7% above what one-beds in Ahad Residences were fetching at the time (AED 1,645). Over the last 12 months one-beds sold for AED 405,000 to 2,265,000, around AED 2,233 per sqft, and rent for AED 73,620 to 180,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20261,800,000
13 Oct 20262,000,000
9 Oct 20262,100,000
16 Sep 20262,080,000
22 1-bed sales in the last 12 months

Ahad Residences

Building

347 apartments, studios to 3-bed over 30 floors in Business Bay, completed in 2023 by Ahad Real Estate Development . 29 sold in the last 12 months.

Typical price per sqft
AED 2,260 Down 8.6%
Typical sale
AED 1.9M
Typical rent
AED 115K /yr
Typical yield
6.5%
Ahad Residences, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 347 units in Ahad Residences
Value
12011-bedAED 1.64M · Feb 2023
12021-bedAED 1.73M · Feb 2024
12031-bedAED 1.73M · Jul 2024
12041-bedAED 1.47M · Dec 2022
12051-bedAED 1.23M · Sep 2022
12061-bedAED 1.57M · Aug 2022
12071-bedAED 2M · Jun 2024
1–7 of 14

1214, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 23 August 2022 for AED 1,545,640, or AED 1,758 per sqft.
  • One-beds in Ahad Residences sold for AED 405,000–2,265,000 in the 12 months to November 2026; the building's median across all types is AED 2,260 per sqft.

Source: Dubai Land Department. Updated 23 August 2022.

Questions about 1214, Ahad Residences

What did unit 1214 last sell for?

AED 1,545,640 on 23 August 2022, sold by the developer: AED 1,758 per sqft for 879 sqft. It is the only registered sale of the unit.

How big is unit 1214?

879 sqft (81.7 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2023.

What is unit 1214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ahad Residences sold for AED 405,000 to 2,265,000 in the last 12 months, around AED 2,233 per sqft.

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Mortgage on 1214, Ahad Residences

Starts from the last sale price (AED 1.55M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,545,640
Deposit, UAE resident (20%)
AED 309,128
Deposit, non-resident (40%)
AED 618,256
Monthly over 25 years at 3.7%
AED 6,324

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