1603, Ahad Residences
Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Ahad Residences
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 686 sqft
- Floor
- 16th of 30
- Parking
- 1
- Developer
- Ahad Real Estate Development
- Completed
- 2023
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.09M · May 2022
- Building
- Ahad Residences
About 1603, Ahad Residences
1603 is a one-bedroom apartment of 686 sqft on the 16th 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 May 2022 for AED 1,088,000, or AED 1,585 per sqft, in line with the AED 1,618 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 110,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 227 1-beds →1603 last sold in May 2022 at AED 1,585 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,618). 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. 1603's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 839 sqft | 1,800,000 | 2,145 | ||
| 13 Oct 202613 October 2026 | 860 sqft | 2,000,000 | 2,326 | ||
| 9 Oct 20269 October 2026 | 908 sqft | 2,100,000 | 2,312 | ||
| 16 Sep 202616 September 2026 | 987 sqft | 2,080,000 | 2,108 |
Ahad Residences
Building347 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%
Other units on the 16th floor
All 347 units in Ahad Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 894 sqft | AED 1.87MAED 1,870,000 · May 2024May 2024 | 135,000 /yr | |
| 1602 | 1-bed | 839 sqft | AED 1.78MAED 1,780,000 · Jan 2025January 2025 | ||
| 1604 | 1-bed | 781 sqft | AED 1.77MAED 1,765,000 · Jun 2024June 2024 | 90,000 /yr | |
| 1605 | 1-bed | 682 sqft | AED 1.6MAED 1,600,000 · Jul 2024July 2024 | 108,000 /yr | |
| 1606 | 1-bed | 924 sqft | AED 1.62MAED 1,624,377 · Aug 2022August 2022 | ||
| 1607 | 1-bed | 907 sqft | AED 1.9MAED 1,900,000 · Jan 2024January 2024 | 180,000 /yr | |
| 1608 | Studio | 451 sqft | AED 995KAED 995,000 · Apr 2024April 2024 | 95,000 /yr | |
| 1609 | Studio | 418 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | ||
| 1610 | 1-bed | 997 sqft | AED 1.78MAED 1,780,843 · Feb 2023February 2023 | ||
| 1611 | Studio | 456 sqft | AED 960KAED 960,000 · Feb 2024February 2024 | ||
| 1612 | Studio | 455 sqft | AED 873KAED 872,611 · Sep 2022September 2022 | 38,000 /yr | |
| 1613 | 1-bed | 648 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | 110,000 /yr | |
| 1614 | 1-bed | 879 sqft | AED 1.42MAED 1,423,347 · Jun 2022June 2022 |
1603, Ahad Residences in numbers
- Sold once: by Ahad Real Estate Development on 23 May 2022 for AED 1,088,000, or AED 1,585 per sqft.
- Rented since March 2024 on 5 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 12,300 a year (AED 17.98 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 1 May 2026.
Questions about 1603, Ahad Residences
What did unit 1603 last sell for?
AED 1,088,000 on 23 May 2022, sold by the developer: AED 1,585 per sqft for 686 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 110,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since March 2024.
How big is unit 1603?
686 sqft (63.7 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2023.
What is unit 1603 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 1603, Ahad Residences
Starts from the last sale price (AED 1.09M, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,088,000
- Deposit, UAE resident (20%)
- AED 217,600
- Deposit, non-resident (40%)
- AED 435,200
- Monthly over 25 years at 3.7%
- AED 4,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →