Studio · 455 sqftAhad Residences, Business Bay · 15th floor · completed 2023

1512, Ahad Residences

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 1.2M30 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Ahad Residences

What is 1512 worth today?

Last sold for AED 1,200,000 in 2024

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30 Jul 2024SoldReady
AED 1,200,000AED 2,639 per sqft
27 May 2022Sold by developerOff-plan
AED 758,905AED 1,670 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
15th of 30
Parking
B4-35
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 1.2M · July 2024

About 1512, Ahad Residences

1512 is a studio of 455 sqft on the 15th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development . It last sold on 30 July 2024 for AED 1,200,000, or AED 2,639 per sqft, 12% above the AED 2,346 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1512 over time

Sales
Unit 1512, each saleTypical studio in Ahad Residences
750K1M1.25M202220242026Typical sale price by year: 2022 AED 804,211; 2023 AED 970,000; 2024 AED 1,135,000; 2025 AED 1,250,000; 2026 AED 1,156,000Sold by developer, May 2022: AED 758,905 (AED 1,670 per sqft)Sold, July 2024: AED 1,200,000 (AED 2,639 per sqft)

1512 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, each contractTypical studio in Ahad Residences
70K80K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 72,000

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

Studios in Ahad Residences, and where 1512 sits

All 79 studios →

1512 last sold in July 2024 at AED 2,639 per sqft, 12% above what studios in Ahad Residences were fetching at the time (AED 2,346). Over the last 12 months studios sold for AED 1,150,000 to 2,000,000, around AED 2,877 per sqft, and rent for AED 38,000 to 125,000 a year.

Recent studio salesUnit no.Price (AED)Summary
24 Aug 20261,156,000
4 Mar 20261,150,000
19 Jan 20261,350,000
3 Dec 20252,000,000
4 studio 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 15th floor

All 347 units in Ahad Residences
Value
15011-bedAED 1.64M · Jan 2023
15021-bedAED 2.02M · Sep 2025
15031-bedAED 1.07M · Apr 2022
15041-bedAED 1.28M · May 2022
15051-bedAED 1.15M · Aug 2022
15061-bedAED 1.51M · Jul 2022
15071-bedAED 1.5M · Jun 2023
1–7 of 13

1512, Ahad Residences in numbers

  • Sold twice: first on 27 May 2022 for AED 758,905, last on 30 July 2024 for AED 1,200,000 (AED 2,639 per sqft).
  • Studios in Ahad Residences sold for AED 1,150,000–2,000,000 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 30 July 2024.

Questions about 1512, Ahad Residences

What did unit 1512 last sell for?

AED 1,200,000 on 30 July 2024: AED 2,639 per sqft for 455 sqft. The unit has 2 registered sales; the first was AED 758,905 in May 2022.

How big is unit 1512?

455 sqft (42.3 sqm): a studio on the 15th floor of a 30-storey tower completed in 2023.

What is unit 1512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ahad Residences sold for AED 1,150,000 to 2,000,000 in the last 12 months, around AED 2,877 per sqft.

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Mortgage on 1512, Ahad Residences

Starts from the last sale price (AED 1.2M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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