Studio · 489 sqftSaba Towers 2, Jumeirah Lake Towers (JLT) · 8th floor · completed 2008

802, Saba Towers 2

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 950K7 March 2024
Current rentAED 70K /yr26 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Saba Towers 2

What is 802 worth today?

Last sold for AED 950,000 in 2024

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7 Mar 2024SoldReady
AED 950,000AED 1,943 per sqft
26 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
2 Mar 2020SoldReady
AED 490,000AED 1,002 per sqft
20 Mar 2019RentedRenewal
AED 58,000/yr12 months · AED 120 per sqft
20 Mar 2018RentedNew contract
AED 67,000/yr12 months · AED 138 per sqft
5 Feb 2018SoldReady
AED 785,000AED 1,606 per sqft
20 Mar 2017RentedRenewal
AED 69,000/yr12 months · AED 142 per sqft
20 Mar 2016RentedNew contract
AED 69,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
8th of 36
Parking
DMCC-3143
Developer
Saba Properties
Completed
2008
Service charge
AED 8,300 /yr
Last sold
AED 950K · March 2024

About 802, Saba Towers 2

802 is a studio of 489 sqft on the 8th floor of Saba Towers 2, a 36-storey tower in Jumeirah Lake Towers (JLT) completed in 2008 by Saba Properties. It last sold on 7 March 2024 for AED 950,000, or AED 1,943 per sqft, 25% above the AED 1,551 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 26 September 2022, is AED 70,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 8,300 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical studio in Saba Towers 2
500K1M2008201320182023Typical 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, January 2009: AED 265,000 (AED 542 per sqft)Sold, February 2018: AED 785,000 (AED 1,606 per sqft)Sold, March 2020: AED 490,000 (AED 1,002 per sqft)Sold, March 2024: AED 950,000 (AED 1,943 per sqft)

802 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 802, each contractTypical studio in Saba Towers 2
40K60K80K2012201620202024Typical 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, November 2013: AED 65,000 a yearNew contract, March 2015: AED 77,000 a yearNew contract, March 2016: AED 69,000 a yearRenewal, March 2017: AED 69,000 a yearNew contract, March 2018: AED 67,000 a yearRenewal, March 2019: AED 58,000 a yearNew contract, September 2022: AED 70,000 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 802 sits

All 90 studios →

802 last sold in March 2024 at AED 1,943 per sqft, 25% above what studios in Saba Towers 2 were fetching at the time (AED 1,551). 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. 802's AED 70,000 is in the upper 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 8th floor

All 366 units in Saba Towers 2
Value
8012-bedAED 1.22M · Jun 2013
803StudioAED 15K · Aug 2026
804StudioAED 500K · Apr 2010
8051-bedAED 1.02M · Jun 2015
8062-bedAED 1M · Aug 2011
8071-bedAED 1.22M · Sep 2015
8082-bedAED 890K · Apr 2012
1–7 of 11

802, Saba Towers 2 in numbers

  • Sold 4 times: first on 5 January 2009 for AED 265,000, last on 7 March 2024 for AED 950,000 (AED 1,943 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 58,000 in 2019 and recovered to AED 70,000 by September 2022.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 8,300 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 7 March 2024.

Questions about 802, Saba Towers 2

What did unit 802 last sell for?

AED 950,000 on 7 March 2024: AED 1,943 per sqft for 489 sqft. The unit has 4 registered sales; the first was AED 265,000 in January 2009.

What is the rent for unit 802?

AED 70,000 a year on the contract signed on 26 September 2022. The previous contract, from March 2019, was AED 58,000; the unit has been rented since November 2013.

How big is unit 802?

489 sqft (45.4 sqm): a studio on the 8th floor of a 36-storey tower completed in 2008.

What is unit 802 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 802, Saba Towers 2

Starts from the last sale price (AED 950K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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