1511, Saba Towers 2
Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Saba Towers 2
What is 1511 worth today?
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Source: Dubai Land Department. Updated 1 April 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,098 sqft
- Floor
- 15th of 36
- Parking
- DMCC-2145
- Developer
- Saba Properties
- Completed
- 2008
- Service charge
- AED 18,600 /yr
- Last sold
- AED 796K · December 2008
- Building
- Saba Towers 2
About 1511, Saba Towers 2
1511 is a two-bedroom apartment of 1,098 sqft on the 15th floor of Saba Towers 2, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. The developer sold it on 18 December 2008 for AED 796,000, or AED 725 per sqft, 3% above the AED 703 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 60,000 a year: a gross yield of 7.5% on the 2008 price, before the service charge of about AED 18,600 a year.
Sales and rents for 1511 over time
1511 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Saba Towers 2, and where 1511 sits
All 124 2-beds →1511 last sold in December 2008 at AED 725 per sqft, 3% above what two-beds in Saba Towers 2 were fetching at the time (AED 703). Over the last 12 months two-beds sold for AED 1,485,000 to 2,200,000, around AED 1,200 per sqft, and rent for AED 90,000 to 155,000 a year. 1511's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 1,250 sqft | 1,500,000 | 1,200 | ||
| 7 Apr 20267 April 2026 | 1,482 sqft | 2,200,000 | 1,484 | ||
| 17 Dec 202517 December 2025 | 1,250 sqft | 1,485,000 | 1,188 | ||
| 4 Nov 20254 November 2025 | 1,633 sqft | 2,275,000 | 1,392 |
Saba Towers 2
Building366 apartments, studios to 4-bed over 36 floors in Jumeirah Lake Towers (JLT), completed in 2008 by Saba Properties. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,470 Up 4.5%
- Typical sale
- AED 1.25M
- Typical rent
- AED 80K /yr
- Typical yield
- 6.8%
Other units on the 15th floor
All 366 units in Saba Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,159 sqft | AED 1.36MAED 1,360,000 · Apr 2024April 2024 | 91,000 /yr | |
| 1502 | Studio | 489 sqft | AED 283KAED 282,500 · Feb 2009February 2009 | 55,000 /yr | |
| 1503 | Studio | 530 sqft | AED 595KAED 595,000 · Feb 2023February 2023 | 65,000 /yr | |
| 1504 | Studio | 530 sqft | AED 310KAED 310,000 · Feb 2009February 2009 | 60,000 /yr | |
| 1505 | 1-bed | 774 sqft | AED 458KAED 457,500 · Dec 2008December 2008 | 72,000 /yr | |
| 1506 | 2-bed | 1,482 sqft | AED 849KAED 848,875 · Jan 2009January 2009 | 125,000 /yr | |
| 1507 | 1-bed | 929 sqft | AED 1.2MAED 1,200,000 · Oct 2014October 2014 | 105,000 /yr | |
| 1508 | 2-bed | 1,100 sqft | AED 485KAED 485,000 · Aug 2012August 2012 | 105,000 /yr | |
| 1509 | 1-bed | 812 sqft | AED 570KAED 570,000 · Oct 2011October 2011 | 92,000 /yr | |
| 1510 | 1-bed | 817 sqft | AED 800KAED 800,000 · Mar 2022March 2022 | 42,500 /yr | |
| 1512 | 1-bed | 706 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 87,000 /yr |
1511, Saba Towers 2 in numbers
- Sold once: by Saba Properties on 18 December 2008 for AED 796,000, or AED 725 per sqft.
- Rented since December 2012 on 9 Ejari contracts, from AED 65,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2008 price is 7.5%, before a service charge of about AED 18,600 a year (AED 16.93 per sqft).
- Two-beds in Saba Towers 2 sold for AED 1,485,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,470 per sqft.
Source: Dubai Land Department. Updated 1 April 2021.
Questions about 1511, Saba Towers 2
What did unit 1511 last sell for?
AED 796,000 on 18 December 2008, sold by the developer: AED 725 per sqft for 1,098 sqft. It is the only registered sale of the unit.
What is the rent for unit 1511?
AED 60,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 74,500; the unit has been rented since December 2012.
How big is unit 1511?
1,098 sqft (102.0 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2008.
What is unit 1511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Saba Towers 2 sold for AED 1,485,000 to 2,200,000 in the last 12 months, around AED 1,200 per sqft.
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Mortgage on 1511, Saba Towers 2
Starts from the last sale price (AED 796K, 18 December 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 796,000
- Deposit, UAE resident (20%)
- AED 159,200
- Deposit, non-resident (40%)
- AED 318,400
- Monthly over 25 years at 3.7%
- AED 3,257
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →