408, Taraf 2 Residence
Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Taraf 2 Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 29 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 928 sqft
- Floor
- 4th of 5
- Parking
- B-53
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 980K · May 2023
- Building
- Taraf 2 Residence
About 408, Taraf 2 Residence
408 is a one-bedroom apartment of 928 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. The developer sold it on 29 May 2023 for AED 980,000, or AED 1,055 per sqft, 10% above the AED 959 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 70 1-beds →408 last sold in May 2023 at AED 1,055 per sqft, 10% above what one-beds in Taraf 2 Residence were fetching at the time (AED 959). 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.
| 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 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 | |
| 406 | 2-bed | 1,532 sqft | AED 1.39MAED 1,390,000 · Apr 2023April 2023 | 125,000 /yr | |
| 407 | 1-bed | 915 sqft | AED 950KAED 950,000 · Jun 2023June 2023 | 98,000 /yr | |
| 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 |
408, Taraf 2 Residence in numbers
- Sold once: by Taraf Properties DMCC on 29 May 2023 for AED 980,000, or AED 1,055 per sqft.
- 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 29 May 2023.
Questions about 408, Taraf 2 Residence
What did unit 408 last sell for?
AED 980,000 on 29 May 2023, sold by the developer: AED 1,055 per sqft for 928 sqft. It is the only registered sale of the unit.
How big is unit 408?
928 sqft (86.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2023.
What is unit 408 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 408, Taraf 2 Residence
Starts from the last sale price (AED 980K, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 980,000
- Deposit, UAE resident (20%)
- AED 196,000
- Deposit, non-resident (40%)
- AED 392,000
- Monthly over 25 years at 3.7%
- AED 4,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →