Studio · 422 sqftSaba Towers 2, Jumeirah Lake Towers (JLT) · 29th floor · completed 2008

2911, Saba Towers 2

Sold prices and rental history: sold 5 times, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2911 · DLD and Ejari recordsUpdated 10 April 2023
Last soldAED 800K17 January 2017
Current rentAED 49K /yr10 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2911, Saba Towers 2

What is 2911 worth today?

Last sold for AED 800,000 in 2017

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10 Apr 2023RentedNew contract
AED 49,000/yr12 months · AED 117 per sqft
8 May 2020RentedNew contract
AED 39,000/yr12 months · AED 93 per sqft
26 Feb 2019RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
1 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
2 May 2017RentedNew contract
AED 68,000/yr12 months · AED 162 per sqft
17 Jan 2017SoldReady
AED 800,000AED 1,894 per sqft
1 May 2016RentedNew contract
AED 68,000/yr12 months · AED 162 per sqft
9 May 2015RentedNew contract
AED 57,750/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 10 April 2023.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
29th of 36
Parking
DMCC-1114
Developer
Saba Properties
Completed
2008
Service charge
AED 7,200 /yr
Last sold
AED 800K · January 2017

About 2911, Saba Towers 2

2911 is a studio of 422 sqft on the 29th floor of Saba Towers 2, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. It last sold on 17 January 2017 for AED 800,000, or AED 1,894 per sqft, 34% above the AED 1,414 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 April 2023, is AED 49,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 2911 over time

Sales
Unit 2911, 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, April 2009: AED 270,581 (AED 640 per sqft)Sold, June 2013: AED 670,000 (AED 1,586 per sqft)Sold, August 2013: AED 700,000 (AED 1,657 per sqft)Sold, September 2013: AED 760,000 (AED 1,799 per sqft)Sold, January 2017: AED 800,000 (AED 1,894 per sqft)

2911 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2911, 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, May 2013: AED 50,000 a yearRenewal, May 2014: AED 55,000 a yearNew contract, May 2015: AED 57,750 a yearNew contract, May 2016: AED 68,000 a yearNew contract, May 2017: AED 68,000 a yearNew contract, February 2018: AED 60,000 a yearNew contract, February 2019: AED 45,000 a yearNew contract, May 2020: AED 39,000 a yearNew contract, April 2023: AED 49,000 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 2911 sits

All 90 studios →

2911 last sold in January 2017 at AED 1,894 per sqft, 34% above what studios in Saba Towers 2 were fetching at the time (AED 1,414). 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. 2911's AED 49,000 is in the lower half 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 29th floor

All 366 units in Saba Towers 2
Value
29012-bedAED 1.33M · Jun 2016
2902StudioAED 640K · Jun 2013
2903StudioAED 645K · Jun 2013
2904StudioAED 685K · Jun 2013
29051-bedAED 1.1M · Jun 2013
29062-bedAED 2M · Nov 2024
29071-bedAED 925K · Mar 2023
1–7 of 10

2911, Saba Towers 2 in numbers

  • Sold 5 times: first on 8 April 2009 for AED 270,581, last on 17 January 2017 for AED 800,000 (AED 1,894 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 39,000 in 2020 and recovered to AED 49,000 by April 2023.
  • At AED 49,000 a year the gross yield on the 2017 price is 6.1%, 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 April 2023.

Questions about 2911, Saba Towers 2

What did unit 2911 last sell for?

AED 800,000 on 17 January 2017: AED 1,894 per sqft for 422 sqft. The unit has 5 registered sales; the first was AED 270,581 in April 2009.

What is the rent for unit 2911?

AED 49,000 a year on the contract signed on 10 April 2023. The previous contract, from May 2020, was AED 39,000; the unit has been rented since May 2013.

How big is unit 2911?

422 sqft (39.2 sqm): a studio on the 29th floor of a 36-storey tower completed in 2008.

What is unit 2911 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 2911, Saba Towers 2

Starts from the last sale price (AED 800K, 17 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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