Studio · 422 sqftSaba Towers 2, Jumeirah Lake Towers (JLT) · 28th floor · completed 2008

2811, Saba Towers 2

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2811 · DLD and Ejari recordsUpdated 10 October 2020
Last soldAED 549K21 May 2013
Current rentAED 30K /yr10 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2811, Saba Towers 2

What is 2811 worth today?

Last sold for AED 549,000 in 2013

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10 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
5 Dec 2018RentedNew contract
AED 48,000/yr12 months · AED 114 per sqft
1 Dec 2017RentedNew contract
AED 58,000/yr12 months · AED 137 per sqft
6 Sep 2016RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
21 May 2013SoldReady
AED 549,000AED 1,299 per sqft
21 Dec 2008Sold by developerReady
AED 268,592AED 635 per sqft

Source: Dubai Land Department. Updated 10 October 2020.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
28th of 36
Parking
DMCC-2279
Developer
Saba Properties
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 549K · May 2013

About 2811, Saba Towers 2

2811 is a studio of 422 sqft on the 28th 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 May 2013 for AED 549,000, or AED 1,299 per sqft, 24% above the AED 1,046 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 10 October 2020, is AED 30,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 7,200 a year.

Sales and rents for 2811 over time

Sales
Unit 2811, each saleTypical studio in Saba Towers 2
250K500K750K2008201320182023Typical sale price by year: 2008 AED 335,500; 2009 AED 330,000; 2010 AED 502,500; 2011 AED 323,000; 2012 AED 425,000; 2013 AED 580,000; 2014 AED 815,000; 2015 AED 780,000; 2016 AED 740,000; 2017 AED 770,000; 2018 AED 625,000; 2019 AED 455,000; 2021 AED 446,000; 2022 AED 760,000; 2023 AED 767,500; 2024 AED 812,000; 2025 AED 750,000; 2026 AED 800,000Sold by developer, December 2008: AED 268,592 (AED 635 per sqft)Sold, May 2013: AED 549,000 (AED 1,299 per sqft)

2811 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2811, each contractTypical studio in Saba Towers 2
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 55,000; 2014 AED 58,000; 2015 AED 68,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,000; 2019 AED 46,000; 2020 AED 33,750; 2021 AED 34,500; 2022 AED 41,000; 2023 AED 51,200; 2024 AED 56,000; 2025 AED 60,000; 2026 AED 56,613New contract, September 2016: AED 60,000 a yearNew contract, December 2017: AED 58,000 a yearNew contract, December 2018: AED 48,000 a yearNew contract, October 2020: AED 30,000 a year

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

Studios in Saba Towers 2, and where 2811 sits

All 90 studios →

2811 last sold in May 2013 at AED 1,299 per sqft, 24% above what studios in Saba Towers 2 were fetching at the time (AED 1,046). Over the last 12 months studios sold for AED 635,000 to 885,000, around AED 1,508 per sqft, and rent for AED 48,000 to 75,000 a year. 2811's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Aug 202611,914
5 Aug 202614,932
29 Jul 202628,677
28 Jul 202631,106
16 studio 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 28th floor

All 366 units in Saba Towers 2
Value
28012-bedAED 1.74M · Jan 2025
2802StudioAED 519K · May 2013
2803StudioAED 578K · May 2013
2804StudioAED 578K · May 2013
28051-bedAED 865K · May 2013
28062-bedAED 1.95M · Feb 2015
28071-bedAED 1.75M · Apr 2025
1–7 of 10

2811, Saba Towers 2 in numbers

  • Sold twice: first on 21 December 2008 for AED 268,592, last on 21 May 2013 for AED 549,000 (AED 1,299 per sqft).
  • Rented since September 2016 on 4 Ejari contracts, from AED 60,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2013 price is 5.5%, before a service charge of about AED 7,200 a year (AED 16.93 per sqft).
  • Studios in Saba Towers 2 sold for AED 635,000–885,000 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 10 October 2020.

Questions about 2811, Saba Towers 2

What did unit 2811 last sell for?

AED 549,000 on 21 May 2013: AED 1,299 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 268,592 in December 2008.

What is the rent for unit 2811?

AED 30,000 a year on the contract signed on 10 October 2020. The previous contract, from December 2018, was AED 48,000; the unit has been rented since September 2016.

How big is unit 2811?

422 sqft (39.2 sqm): a studio on the 28th floor of a 36-storey tower completed in 2008.

What is unit 2811 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Saba Towers 2 sold for AED 635,000 to 885,000 in the last 12 months, around AED 1,508 per sqft.

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Mortgage on 2811, Saba Towers 2

Starts from the last sale price (AED 549K, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 549,000
Deposit, UAE resident (20%)
AED 109,800
Deposit, non-resident (40%)
AED 219,600
Monthly over 25 years at 3.7%
AED 2,246

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