1-bed · 777 sqftAhad Residences, Business Bay · 7th floor · completed 2023

704, Ahad Residences

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

Unit 704 · DLD and Ejari recordsUpdated 13 June 2022
Last soldAED 1.22M13 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Ahad Residences

What is 704 worth today?

Last sold for AED 1,224,211 in 2022

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13 Jun 2022Sold by developerOff-plan
AED 1,224,211AED 1,576 per sqft

Source: Dubai Land Department. Updated 13 June 2022.

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
7th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 14,000 /yr
Last sold
AED 1.22M · June 2022

About 704, Ahad Residences

704 is a one-bedroom apartment of 777 sqft on the 7th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development . The developer sold it on 13 June 2022 for AED 1,224,211, or AED 1,576 per sqft, in line with the AED 1,619 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Ahad Residences
1.5M2M202220242026Typical 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, June 2022: AED 1,224,211 (AED 1,576 per sqft)

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

Rents
Unit 704, 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 704 sits

All 227 1-beds →

704 last sold in June 2022 at AED 1,576 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,619). 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 7th floor

All 347 units in Ahad Residences
Value
7011-bedAED 1.47M · Aug 2022
7021-bedAED 1.36M · Aug 2022
7031-bedAED 1.65M · Feb 2026
7051-bedAED 1.37M · Nov 2023
7061-bedAED 1.55M · Aug 2022
7071-bedAED 1.39M · Jul 2022
708StudioAED 1.15M · Jan 2024
1–7 of 13

704, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 13 June 2022 for AED 1,224,211, or AED 1,576 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 13 June 2022.

Questions about 704, Ahad Residences

What did unit 704 last sell for?

AED 1,224,211 on 13 June 2022, sold by the developer: AED 1,576 per sqft for 777 sqft. It is the only registered sale of the unit.

How big is unit 704?

777 sqft (72.2 sqm): a one-bedroom apartment on the 7th floor of a 30-storey tower completed in 2023.

What is unit 704 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 704, Ahad Residences

Starts from the last sale price (AED 1.22M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,224,211
Deposit, UAE resident (20%)
AED 244,842
Deposit, non-resident (40%)
AED 489,684
Monthly over 25 years at 3.7%
AED 5,009

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