416, Taraf 2 Residence
Sold prices and rental history: sold twice, last in May 2024, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Taraf 2 Residence
What is 416 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 987 sqft
- Floor
- 4th of 5
- Parking
- B-62
- Developer
- Taraf Properties DMCC
- Completed
- 2023
- Last sold
- AED 1.15M · May 2024
- Building
- Taraf 2 Residence
About 416, Taraf 2 Residence
416 is a one-bedroom apartment of 987 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 23 May 2024 for AED 1,150,000, or AED 1,165 per sqft, 20% above the AED 974 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 February 2023. The current contract, signed on 20 February 2023, is AED 73,000 a year: a gross yield of 6.3% on the 2024 price.
Sales and rents for 416 over time
416 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 416 sits
All 70 1-beds →416 last sold in May 2024 at AED 1,165 per sqft, 20% above what one-beds in Taraf 2 Residence were fetching at the time (AED 974). 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. 416's AED 73,000 is at the bottom 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 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 | |
| 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, Taraf 2 Residence in numbers
- Sold twice: first on 29 September 2022 for AED 780,000, last on 23 May 2024 for AED 1,150,000 (AED 1,165 per sqft).
- Rented since February 2023 on one Ejari contract, at AED 73,000 a year.
- At AED 73,000 a year the gross yield on the 2024 price is 6.3%.
- 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 23 May 2024.
Questions about 416, Taraf 2 Residence
What did unit 416 last sell for?
AED 1,150,000 on 23 May 2024: AED 1,165 per sqft for 987 sqft. The unit has 2 registered sales; the first was AED 780,000 in September 2022.
What is the rent for unit 416?
AED 73,000 a year on the contract signed on 20 February 2023.
How big is unit 416?
987 sqft (91.7 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2023.
What is unit 416 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 416, Taraf 2 Residence
Starts from the last sale price (AED 1.15M, 23 May 2024). 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 →