116, Taraf 2 Residence
Sold prices and rental history: sold twice, last in February 2023, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Taraf 2 Residence
What is 116 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 994 sqft
- Floor
- 1st of 5
- Parking
- G-30
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1.15M · February 2023
- Building
- Taraf 2 Residence
About 116, Taraf 2 Residence
116 is a one-bedroom apartment of 994 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. It last sold on 23 February 2023 for AED 1,150,000, or AED 1,157 per sqft, 21% above the AED 956 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2026. The current contract, signed on 1 January 2026, is AED 125,000 a year: a gross yield of 10.9% on the 2023 price.
Sales and rents for 116 over time
116 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Taraf 2 Residence, and where 116 sits
All 70 1-beds →116 last sold in February 2023 at AED 1,157 per sqft, 21% above what one-beds in Taraf 2 Residence were fetching at the time (AED 956). Over the last 12 months one-beds sold for AED 1,000,000 to 1,500,000, around AED 1,137 per sqft, and rent for AED 73,000 to 125,000 a year. 116's AED 125,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 1,054 sqft | 1,330,000 | 1,261 | ||
| 27 Oct 202627 October 2026 | 928 sqft | 1,000,000 | 1,077 | ||
| 7 Oct 20267 October 2026 | 984 sqft | 1,300,000 | 1,321 | ||
| 22 Jul 202622 July 2026 | 1,098 sqft | 1,100,000 | 1,001 |
Taraf 2 Residence
Building94 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%
Other units on the 1st floor
All 94 units in Taraf 2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 874 sqft | AED 840KAED 840,000 · Aug 2022August 2022 | ||
| 102 | 1-bed | 923 sqft | AED 885KAED 885,000 · Dec 2022December 2022 | 73,000 /yr | |
| 103 | 1-bed | 1,162 sqft | AED 1.08MAED 1,080,000 · Oct 2023October 2023 | ||
| 104 | 1-bed | 1,115 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 80,000 /yr | |
| 105 | 1-bed | 1,078 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | ||
| 106 | 1-bed | 979 sqft | AED 970KAED 970,000 · Oct 2023October 2023 | ||
| 107 | 2-bed | 1,675 sqft | AED 1.39MAED 1,390,000 · Apr 2023April 2023 | 135,000 /yr | |
| 108 | 1-bed | 1,091 sqft | AED 960KAED 960,000 · Jun 2023June 2023 | ||
| 109 | Studio | 652 sqft | AED 570KAED 570,000 · Mar 2022March 2022 | ||
| 110 | 1-bed | 1,177 sqft | AED 1.02MAED 1,020,000 · Oct 2022October 2022 | 85,000 /yr | |
| 111 | 1-bed | 1,270 sqft | AED 1.02MAED 1,020,000 · Jun 2022June 2022 | ||
| 112 | 2-bed | 1,722 sqft | AED 2.05MAED 2,050,000 · Jul 2024July 2024 | ||
| 113 | 2-bed | 1,514 sqft | AED 1.6MAED 1,600,000 · Dec 2022December 2022 | ||
| 114 | Studio | 498 sqft | AED 500KAED 500,000 · Apr 2022April 2022 | 50,000 /yr | |
| 115 | 1-bed | 993 sqft | AED 1.15MAED 1,150,000 · Mar 2023March 2023 | 100,000 /yr | |
| 117 | 1-bed | 990 sqft | AED 950KAED 950,000 · Aug 2022August 2022 | ||
| 118 | 1-bed | 993 sqft | AED 1.4MAED 1,400,000 · Mar 2024March 2024 | 90,000 /yr |
116, Taraf 2 Residence in numbers
- Sold twice: first on 1 September 2022 for AED 950,000, last on 23 February 2023 for AED 1,150,000 (AED 1,157 per sqft).
- Rented since January 2026 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 10.9%.
- One-beds in Taraf 2 Residence sold for AED 1,000,000–1,500,000 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 1 January 2026.
Questions about 116, Taraf 2 Residence
What did unit 116 last sell for?
AED 1,150,000 on 23 February 2023: AED 1,157 per sqft for 994 sqft. The unit has 2 registered sales; the first was AED 950,000 in September 2022.
What is the rent for unit 116?
AED 125,000 a year on the contract signed on 1 January 2026.
How big is unit 116?
994 sqft (92.3 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2023.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Taraf 2 Residence sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 1,137 per sqft.
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Mortgage on 116, Taraf 2 Residence
Starts from the last sale price (AED 1.15M, 23 February 2023). 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 →