2-bed · 1,666 sqftAhad Residences, Business Bay · 28th floor · completed 2023

2804, Ahad Residences

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 2.48M22 August 2022
Current rentAED 190K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Ahad Residences

What is 2804 worth today?

Last sold for AED 2,484,221 in 2022

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26 Apr 2024RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
22 Aug 2022Sold by developerOff-plan
AED 2,484,221AED 1,491 per sqft

Source: Dubai Land Department. Updated 26 April 2024.

Key facts

Type
2-bed apartment
Size
1,666 sqft
Floor
28th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 29,900 /yr
Last sold
AED 2.48M · August 2022

About 2804, Ahad Residences

2804 is a two-bedroom apartment of 1,666 sqft on the 28th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development . The developer sold it on 22 August 2022 for AED 2,484,221, or AED 1,491 per sqft, 7% below the AED 1,608 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 April 2024. The current contract, signed on 26 April 2024, is AED 190,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 29,900 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, each saleTypical two-bed in Ahad Residences
2.2M2.4M2022202320242025Typical sale price by year: 2022 AED 2,368,975; 2023 AED 2,462,002; 2024 AED 2,200,000Sold by developer, August 2022: AED 2,484,221 (AED 1,491 per sqft)

2804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, each contractTypical two-bed in Ahad Residences
200K220K2024202520262027Typical rent by year: 2024 AED 220,000; 2025 AED 210,000; 2026 AED 195,000New contract, April 2024: AED 190,000 a year

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

2-beds in Ahad Residences, and where 2804 sits

All 34 2-beds →

2804 last sold in August 2022 at AED 1,491 per sqft, 7% below what two-beds in Ahad Residences were fetching at the time (AED 1,608). Over the last 12 months two-beds sold for AED 2,600,000, around AED 1,983 per sqft, and rent for AED 160,000 to 260,000 a year. 2804's AED 190,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Aug 20262,600,000
19 Sep 20253,120,000
15 Oct 20241,310,720
15 Oct 20242,379,890
1 2-bed sale 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 28th floor

All 347 units in Ahad Residences
Value
28012-bedAED 2.8M · Aug 2022
28022-bedAED 2.21M · Jun 2022
28033-bedAED 4.6M · Nov 2024
28052-bedAED 2.9M · Apr 2024

2804, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 22 August 2022 for AED 2,484,221, or AED 1,491 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 29,900 a year (AED 17.98 per sqft).
  • Two-beds in Ahad Residences sold for AED 2,600,000–2,600,000 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 26 April 2024.

Questions about 2804, Ahad Residences

What did unit 2804 last sell for?

AED 2,484,221 on 22 August 2022, sold by the developer: AED 1,491 per sqft for 1,666 sqft. It is the only registered sale of the unit.

What is the rent for unit 2804?

AED 190,000 a year on the contract signed on 26 April 2024.

How big is unit 2804?

1,666 sqft (154.8 sqm): a two-bedroom apartment on the 28th floor of a 30-storey tower completed in 2023.

What is unit 2804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Ahad Residences sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,983 per sqft.

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Mortgage on 2804, Ahad Residences

Starts from the last sale price (AED 2.48M, 22 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,484,221
Deposit, UAE resident (20%)
AED 496,844
Deposit, non-resident (40%)
AED 993,688
Monthly over 25 years at 3.7%
AED 10,164

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