2-bed · 1,514 sqftTaraf 2 Residence, Jumeirah Village Triangle (JVT) · 1st floor · completed 2023

113, Taraf 2 Residence

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 9 December 2022
Last soldAED 1.6M9 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Taraf 2 Residence

What is 113 worth today?

Last sold for AED 1,600,000 in 2022

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9 Dec 2022Sold by developerOff-plan
AED 1,600,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 9 December 2022.

Key facts

Type
2-bed apartment
Size
1,514 sqft
Floor
1st of 5
Parking
1
Developer
Taraf Properties DMCC
Completed
2023
Last sold
AED 1.6M · December 2022

About 113, Taraf 2 Residence

113 is a two-bedroom apartment of 1,514 sqft on the 1st floor of Taraf 2 Residence, a 5-storey tower in Jumeirah Village Triangle (JVT) completed in 2023 by Taraf Properties DMCC. The developer sold it on 9 December 2022 for AED 1,600,000, or AED 1,056 per sqft, 19% above the AED 884 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical two-bed in Taraf 2 Residence
1.5M2M2022202320242025Typical sale price by year: 2022 AED 1,365,000; 2023 AED 1,390,000; 2024 AED 2,050,000Sold by developer, December 2022: AED 1,600,000 (AED 1,056 per sqft)

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

Rents
Unit 113, each contractTypical two-bed in Taraf 2 Residence
100K120K2024202520262027Typical rent by year: 2024 AED 117,500; 2025 AED 93,500; 2026 AED 125,000

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

2-beds in Taraf 2 Residence, and where 113 sits

All 20 2-beds →

113 last sold in December 2022 at AED 1,056 per sqft, 19% above what two-beds in Taraf 2 Residence were fetching at the time (AED 884). Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,095 per sqft, and rent for AED 79,000 to 135,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20262,100,000
21 Nov 20242,200,000
5 Sep 20242,100,000
24 Jul 20242,050,000
1 2-bed sale in the last 12 months

Taraf 2 Residence

Building

94 apartments, studios to 2-bed over 5 floors in Jumeirah Village Triangle (JVT), completed in 2023 by Taraf Properties DMCC. 10 sold in the last 12 months.

Typical price per sqft
AED 1,116
Typical sale
AED 1.33M
Typical rent
AED 87K /yr
Typical yield
7.3%
Taraf 2 Residence, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 1st floor

All 94 units in Taraf 2 Residence
Value
1011-bedAED 840K · Aug 2022
1021-bedAED 885K · Dec 2022
1031-bedAED 1.08M · Oct 2023
1041-bedAED 1.05M · Oct 2023
1051-bedAED 1.05M · Oct 2023
1061-bedAED 970K · Oct 2023
1072-bedAED 1.39M · Apr 2023
1–7 of 17

113, Taraf 2 Residence in numbers

  • Sold once: by Taraf Properties DMCC on 9 December 2022 for AED 1,600,000, or AED 1,056 per sqft.
  • Two-beds in Taraf 2 Residence sold for AED 2,100,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,116 per sqft.

Source: Dubai Land Department. Updated 9 December 2022.

Questions about 113, Taraf 2 Residence

What did unit 113 last sell for?

AED 1,600,000 on 9 December 2022, sold by the developer: AED 1,056 per sqft for 1,514 sqft. It is the only registered sale of the unit.

How big is unit 113?

1,514 sqft (140.7 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2023.

What is unit 113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Taraf 2 Residence sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,095 per sqft.

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Mortgage on 113, Taraf 2 Residence

Starts from the last sale price (AED 1.6M, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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