Studio · 455 sqftAhad Residences, Business Bay · 16th floor · completed 2023

1612, Ahad Residences

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1612 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 873K23 September 2022
Current rentAED 38K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1612, Ahad Residences

What is 1612 worth today?

Last sold for AED 872,611 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Mar 2026RentedNew contract
AED 38,000/yr24 months · AED 84 per sqft
23 Sep 2022Sold by developerOff-plan
AED 872,611AED 1,921 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
16th of 30
Parking
B3-22
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 8,200 /yr
Last sold
AED 873K · September 2022

About 1612, Ahad Residences

1612 is a studio of 455 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 September 2022 for AED 872,611, or AED 1,921 per sqft, 8% above the AED 1,777 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2026. The current contract, signed on 15 March 2026, is AED 38,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 8,200 a year.

Sales and rents for 1612 over time

Sales
Unit 1612, 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, September 2022: AED 872,611 (AED 1,921 per sqft)

1612 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1612, each contractTypical studio in Ahad Residences
50K75K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 72,000New contract, March 2026: AED 38,000 a year

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 1612 sits

All 79 studios →

1612 last sold in September 2022 at AED 1,921 per sqft, 8% above what studios in Ahad Residences were fetching at the time (AED 1,777). 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. 1612's AED 38,000 is at the bottom of that range.

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 16th floor

All 347 units in Ahad Residences
Value
16011-bedAED 1.87M · May 2024
16021-bedAED 1.78M · Jan 2025
16031-bedAED 1.09M · May 2022
16041-bedAED 1.77M · Jun 2024
16051-bedAED 1.6M · Jul 2024
16061-bedAED 1.62M · Aug 2022
16071-bedAED 1.9M · Jan 2024
1–7 of 13

1612, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 23 September 2022 for AED 872,611, or AED 1,921 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 8,200 a year (AED 17.98 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 15 March 2026.

Questions about 1612, Ahad Residences

What did unit 1612 last sell for?

AED 872,611 on 23 September 2022, sold by the developer: AED 1,921 per sqft for 455 sqft. It is the only registered sale of the unit.

What is the rent for unit 1612?

AED 38,000 a year on the contract signed on 15 March 2026.

How big is unit 1612?

455 sqft (42.3 sqm): a studio on the 16th floor of a 30-storey tower completed in 2023.

What is unit 1612 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.

Selling 1612? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1612, Ahad Residences

Starts from the last sale price (AED 873K, 23 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 872,611
Deposit, UAE resident (20%)
AED 174,522
Deposit, non-resident (40%)
AED 349,044
Monthly over 25 years at 3.7%
AED 3,570

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