2-bed · 1,159 sqftSaba Towers 2, Jumeirah Lake Towers (JLT) · 22nd floor · completed 2008

2201, Saba Towers 2

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 21 October 2022
Last soldAED 1.15M21 October 2022
Current rentAED 80K /yr7 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Saba Towers 2

What is 2201 worth today?

Last sold for AED 1,150,000 in 2022

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21 Oct 2022SoldReady
AED 1,150,000AED 992 per sqft
7 Jun 2022RentedRenewal
AED 80,000/yr12 months · AED 69 per sqft
7 Jun 2021RentedNew contract
AED 67,000/yr12 months · AED 58 per sqft
7 Jun 2020RentedNew contract
AED 67,000/yr12 months · AED 58 per sqft
30 Mar 2019RentedNew contract
AED 98,000/yr12 months · AED 85 per sqft
30 Mar 2017RentedNew contract
AED 105,000/yr12 months · AED 91 per sqft
22 Feb 2016RentedNew contract
AED 135,000/yr12 months · AED 117 per sqft
1 Feb 2013RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
22nd of 36
Parking
B4-120
Developer
Saba Properties
Completed
2008
Service charge
AED 19,600 /yr
Last sold
AED 1.15M · October 2022

About 2201, Saba Towers 2

2201 is a two-bedroom apartment of 1,159 sqft on the 22nd floor of Saba Towers 2, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. It last sold on 21 October 2022 for AED 1,150,000, or AED 992 per sqft, 7% above the AED 931 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 7 June 2022, is AED 80,000 a year: a gross yield of 7.0% on the 2022 price, before the service charge of about AED 19,600 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, July 2011: AED 372,469 (AED 321 per sqft)Sold, October 2022: AED 1,150,000 (AED 992 per sqft)

2201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, each contractTypical two-bed in Saba Towers 2
100K2012201620202024Typical 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 78,000; 2021 AED 72,500; 2022 AED 84,000; 2023 AED 95,000; 2024 AED 114,000; 2025 AED 120,000; 2026 AED 112,000New contract, February 2013: AED 90,000 a yearNew contract, February 2016: AED 135,000 a yearNew contract, March 2017: AED 105,000 a yearNew contract, March 2019: AED 98,000 a yearNew contract, June 2020: AED 67,000 a yearNew contract, June 2021: AED 67,000 a yearRenewal, June 2022: 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 2201 sits

All 124 2-beds →

2201 last sold in October 2022 at AED 992 per sqft, 7% above what two-beds in Saba Towers 2 were fetching at the time (AED 931). 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. 2201'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 22nd floor

All 366 units in Saba Towers 2
Value
2202StudioAED 540K · Apr 2019
2203StudioAED 600K · Nov 2018
2204StudioAED 332K · Oct 2013
22051-bedAED 1.15M · Mar 2024
22062-bedAED 1.78M · Jun 2024
22071-bedAED 697K · Feb 2021
22082-bedAED 1.6M · Jul 2023
1–7 of 11

2201, Saba Towers 2 in numbers

  • Sold twice: first on 31 July 2011 for AED 372,469, last on 21 October 2022 for AED 1,150,000 (AED 992 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 67,000 in 2021 and recovered to AED 80,000 by June 2022.
  • At AED 80,000 a year the gross yield on the 2022 price is 7.0%, 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 21 October 2022.

Questions about 2201, Saba Towers 2

What did unit 2201 last sell for?

AED 1,150,000 on 21 October 2022: AED 992 per sqft for 1,159 sqft. The unit has 2 registered sales; the first was AED 372,469 in July 2011.

What is the rent for unit 2201?

AED 80,000 a year on the contract renewed on 7 June 2022. The previous contract, from June 2021, was AED 67,000; the unit has been rented since February 2013.

How big is unit 2201?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 22nd floor of a 36-storey tower completed in 2008.

What is unit 2201 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 2201, Saba Towers 2

Starts from the last sale price (AED 1.15M, 21 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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