2-bed · 1,159 sqftSaba Towers 2, Jumeirah Lake Towers (JLT) · 20th floor · completed 2008

2001, Saba Towers 2

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 8 December 2019
Last soldAED 1.45M29 November 2015
Current rentAED 80K /yr8 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Saba Towers 2

What is 2001 worth today?

Last sold for AED 1,450,000 in 2015

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8 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
16 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 90 per sqft
17 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 95 per sqft
29 Nov 2015SoldReady
AED 1,450,000AED 1,251 per sqft
7 Oct 2014RentedNew contract
AED 125,000/yr12 months · AED 108 per sqft
5 Jul 2013RentedRenewal
AED 84,000/yr12 months · AED 72 per sqft
5 Jul 2012RentedNew contract
AED 80,000/yr12 months · AED 69 per sqft
30 Aug 2011RentedNew contract
AED 65,000/yr10 months · AED 56 per sqft

Source: Dubai Land Department. Updated 8 December 2019.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
20th of 36
Parking
B4-135
Developer
Saba Properties
Completed
2008
Service charge
AED 19,600 /yr
Last sold
AED 1.45M · November 2015

About 2001, Saba Towers 2

2001 is a two-bedroom apartment of 1,159 sqft on the 20th floor of Saba Towers 2, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. It last sold on 29 November 2015 for AED 1,450,000, or AED 1,251 per sqft, in line with the AED 1,280 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, signed on 8 December 2019, is AED 80,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical two-bed in Saba Towers 2
1M2M2008201320182023Typical sale price by year: 2008 AED 836,832; 2009 AED 831,117; 2010 AED 919,731; 2011 AED 742,634; 2012 AED 925,000; 2013 AED 1,300,000; 2014 AED 1,640,000; 2015 AED 1,600,000; 2016 AED 1,334,000; 2017 AED 1,575,000; 2018 AED 1,220,000; 2019 AED 900,000; 2021 AED 887,500; 2022 AED 1,302,500; 2023 AED 1,200,625; 2024 AED 1,720,000; 2025 AED 2,000,000Sold by developer, December 2008: AED 732,666 (AED 632 per sqft)Sold, November 2015: AED 1,450,000 (AED 1,251 per sqft)

2001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2001, each contractTypical two-bed in Saba Towers 2
100K20112015201920232027Typical rent by year: 2012 AED 80,000; 2013 AED 92,500; 2014 AED 112,500; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 101,000; 2019 AED 87,750; 2020 AED 79,000; 2021 AED 73,000; 2022 AED 84,000; 2023 AED 95,000; 2024 AED 114,000; 2025 AED 120,000; 2026 AED 111,125New contract, August 2011: AED 65,000 a yearNew contract, July 2012: AED 80,000 a yearRenewal, July 2013: AED 84,000 a yearNew contract, October 2014: AED 125,000 a yearNew contract, December 2017: AED 110,000 a yearNew contract, December 2018: AED 105,000 a yearNew contract, December 2019: AED 80,000 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 Saba Towers 2, and where 2001 sits

All 124 2-beds →

2001 last sold in November 2015 at AED 1,251 per sqft, in line with what two-beds in Saba Towers 2 were fetching at the time (AED 1,280). 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. 2001's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,500,000
7 Apr 20262,200,000
17 Dec 20251,485,000
4 Nov 20252,275,000
3 2-bed sales in the last 12 months

Saba Towers 2

Building

366 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%
Saba Towers 2, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 20th floor

All 366 units in Saba Towers 2
Value
2002StudioAED 805K · Mar 2023
2003StudioAED 565K · Dec 2018
2004StudioAED 950K · Nov 2008
20051-bedAED 1.05M · Oct 2024
20062-bedAED 1.55M · Jun 2018
20071-bedAED 620K · Jan 2009
20082-bedAED 1.5M · Feb 2024
1–7 of 11

2001, Saba Towers 2 in numbers

  • Sold twice: first on 21 December 2008 for AED 732,666, last on 29 November 2015 for AED 1,450,000 (AED 1,251 per sqft).
  • Rented since August 2011 on 7 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 19,600 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 8 December 2019.

Questions about 2001, Saba Towers 2

What did unit 2001 last sell for?

AED 1,450,000 on 29 November 2015: AED 1,251 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 732,666 in December 2008.

What is the rent for unit 2001?

AED 80,000 a year on the contract signed on 8 December 2019. The previous contract, from December 2018, was AED 105,000; the unit has been rented since August 2011.

How big is unit 2001?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 20th floor of a 36-storey tower completed in 2008.

What is unit 2001 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 2001, Saba Towers 2

Starts from the last sale price (AED 1.45M, 29 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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