2-bed · 1,430 sqftEmaar Tower 2, Rigga Al Butten · 8th floor

806, Emaar Tower 2

Sold prices and rental history: sold once, by the developer in September 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 9 January 2020
Last soldAED 1.25M12 September 2011
Current rentAED 78K /yr9 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Emaar Tower 2

What is 806 worth today?

Last sold for AED 1,254,800 in 2011

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9 Jan 2020RentedNew contract
AED 78,000/yr12 months · AED 54 per sqft
1 Jan 2019RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
1 Sep 2017RentedRenewal
AED 113,000/yr12 months · AED 79 per sqft
1 Sep 2016RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Sep 2015RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Sep 2014RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
1 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
12 Sep 2011Sold by developerReady · flagged as an outlier
AED 1,254,800AED 877 per sqft

Source: Dubai Land Department. Updated 9 January 2020.

Key facts

Type
2-bed apartment
Size
1,430 sqft
Floor
8th of 16
Parking
L3/ 97
Service charge
AED 25,600 /yr
Last sold
AED 1.25M · September 2011

About 806, Emaar Tower 2

806 is a two-bedroom apartment of 1,430 sqft on the 8th floor of Emaar Tower 2, a 16-storey tower in Rigga Al Butten. The developer sold it on 12 September 2011 for AED 1,254,800, or AED 877 per sqft, 45% below the AED 1,598 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 9 January 2020, is AED 78,000 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 25,600 a year.

Sales and rents for 806 over time

Rents
Unit 806, each contractTypical two-bed in Emaar Tower 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 120,000; 2015 AED 120,000; 2016 AED 122,500; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 74,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 99,500; 2026 AED 105,000New contract, September 2013: AED 110,000 a yearNew contract, September 2014: AED 110,000 a yearRenewal, September 2015: AED 120,000 a yearRenewal, September 2016: AED 120,000 a yearRenewal, September 2017: AED 113,000 a yearNew contract, January 2019: AED 80,000 a yearNew contract, January 2020: AED 78,000 a year

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

2-beds in Emaar Tower 2, and where 806 sits

All 44 2-beds →

806 last sold in September 2011 at AED 877 per sqft, 45% below what two-beds in Emaar Tower 2 were fetching at the time (AED 1,598). Over the last 12 months two-beds sold for AED 1,000,000 to 1,500,000, around AED 701 per sqft, and rent for AED 82,688 to 150,000 a year. 806's AED 78,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Aug 20261,000,000
5 Aug 20261,200,000
11 Dec 20251,500,000
2 Oct 20251,450,000
3 2-bed sales in the last 12 months

Emaar Tower 2

Building

84 apartments, 1-bed to 4-bed over 16 floors in Rigga Al Butten. 4 sold in the last 12 months.

Typical price per sqft
AED 706
Typical sale
AED 1.35M
Typical rent
AED 105K /yr
Typical yield
9.6%
Emaar Tower 2, Rigga Al Butten: prices, sales and rents →

Other units on the 8th floor

All 84 units in Emaar Tower 2
Value
8012-bedAED 1.5M · Feb 2016
8022-bedAED 965K · Oct 2012
8032-bedAED 1.01M · May 2010
8042-bedAED 1.4M · Feb 2011
8052-bedAED 1.27M · Aug 2010

806, Emaar Tower 2 in numbers

  • Sold once: by the developer on 12 September 2011 for AED 1,254,800, or AED 877 per sqft.
  • Rented since September 2013 on 7 Ejari contracts, from AED 110,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2011 price is 6.2%, before a service charge of about AED 25,600 a year (AED 17.93 per sqft).
  • Two-beds in Emaar Tower 2 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 706 per sqft.

Source: Dubai Land Department. Updated 9 January 2020.

Questions about 806, Emaar Tower 2

What did unit 806 last sell for?

AED 1,254,800 on 12 September 2011, sold by the developer: AED 877 per sqft for 1,430 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 78,000 a year on the contract signed on 9 January 2020. The previous contract, from January 2019, was AED 80,000; the unit has been rented since September 2013.

How big is unit 806?

1,430 sqft (132.9 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower.

What is unit 806 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Emaar Tower 2 sold for AED 1,000,000 to 1,500,000 in the last 12 months, around AED 701 per sqft.

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Mortgage on 806, Emaar Tower 2

Starts from the last sale price (AED 1.25M, 12 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,254,800
Deposit, UAE resident (20%)
AED 250,960
Deposit, non-resident (40%)
AED 501,920
Monthly over 25 years at 3.7%
AED 5,134

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