406, Taraf 2 Residence
Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Taraf 2 Residence
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,532 sqft
- Floor
- 4th of 5
- Parking
- B-50, B-51
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1.39M · April 2023
- Building
- Taraf 2 Residence
About 406, Taraf 2 Residence
406 is a two-bedroom apartment of 1,532 sqft on the 4th 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 25 April 2023 for AED 1,390,000, or AED 907 per sqft, in line with the AED 893 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 September 2026, is AED 125,000 a year: a gross yield of 9.0% on the 2023 price.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 20 2-beds →406 last sold in April 2023 at AED 907 per sqft, in line with what two-beds in Taraf 2 Residence were fetching at the time (AED 893). 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. 406's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 1,917 sqft | 2,100,000 | 1,095 | ||
| 21 Nov 202421 November 2024 | 1,505 sqft | 2,200,000 | 1,461 | ||
| 5 Sep 20245 September 2024 | 1,608 sqft | 2,100,000 | 1,305 | ||
| 24 Jul 202424 July 2024 | 1,722 sqft | 2,050,000 | 1,190 |
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 4th floor
All 94 units in Taraf 2 Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,917 sqft | AED 2.1MAED 2,100,000 · May 2026May 2026 | 125,000 /yr | |
| 402 | 1-bed | 1,048 sqft | AED 905KAED 905,000 · Oct 2022October 2022 | ||
| 403 | 1-bed | 968 sqft | AED 870KAED 870,000 · Dec 2022December 2022 | 75,000 /yr | |
| 404 | 1-bed | 1,054 sqft | AED 1.33MAED 1,330,000 · Oct 2026October 2026 | ||
| 405 | 1-bed | 823 sqft | AED 1MAED 1,000,000 · Nov 2023November 2023 | 70,000 /yr | |
| 407 | 1-bed | 915 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 98,000 /yr | |
| 408 | 1-bed | 928 sqft | AED 980KAED 980,000 · May 2023May 2023 | ||
| 409 | 1-bed | 1,062 sqft | AED 1MAED 1,000,000 · Oct 2022October 2022 | ||
| 410 | 1-bed | 1,161 sqft | AED 1.04MAED 1,040,000 · Feb 2023February 2023 | 95,000 /yr | |
| 411 | 2-bed | 1,558 sqft | AED 1.41MAED 1,408,000 · Mar 2022March 2022 | ||
| 412 | 2-bed | 1,407 sqft | AED 1.25MAED 1,250,000 · Feb 2023February 2023 | ||
| 413 | 2-bed | 1,289 sqft | AED 1.11MAED 1,110,000 · Jun 2022June 2022 | 120,000 /yr | |
| 414 | 1-bed | 858 sqft | AED 780KAED 780,000 · Sep 2022September 2022 | 95,000 /yr | |
| 415 | 1-bed | 984 sqft | AED 1.3MAED 1,300,000 · Oct 2026October 2026 | ||
| 416 | 1-bed | 987 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 73,000 /yr |
406, Taraf 2 Residence in numbers
- Sold twice: first on 6 April 2023 for AED 1,390,000, last on 25 April 2023 for AED 1,390,000 (AED 907 per sqft).
- Rented since February 2025 on 2 Ejari contracts, from AED 130,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 9.0%.
- 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 15 September 2026.
Questions about 406, Taraf 2 Residence
What did unit 406 last sell for?
AED 1,390,000 on 25 April 2023: AED 907 per sqft for 1,532 sqft. The unit has 2 registered sales; the first was AED 1,390,000 in April 2023.
What is the rent for unit 406?
AED 125,000 a year on the contract signed on 15 September 2026. The previous contract, from February 2025, was AED 130,000.
How big is unit 406?
1,532 sqft (142.3 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2023.
What is unit 406 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 406, Taraf 2 Residence
Starts from the last sale price (AED 1.39M, 25 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,390,000
- Deposit, UAE resident (20%)
- AED 278,000
- Deposit, non-resident (40%)
- AED 556,000
- Monthly over 25 years at 3.7%
- AED 5,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →