2-bed · 1,784 sqftThe Onyx Tower 2, The Greens · 13th floor · completed 2015

1311, The Onyx Tower 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 2.1M25 May 2015
Current rentAED 139K /yr30 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, The Onyx Tower 2

What is 1311 worth today?

Last sold for AED 2,100,000 in 2015

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30 May 2023RentedRenewal
AED 138,600/yr12 months · AED 78 per sqft
30 May 2022RentedNew contract
AED 132,000/yr12 months · AED 74 per sqft
30 Nov 2018RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
25 May 2015Sold by developerOff-plan
AED 2,100,000AED 1,177 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
1,784 sqft
Floor
13th of 24
Parking
B2-504 , B2-505
Developer
The Onyx for Development
Completed
2015
Last sold
AED 2.1M · May 2015

About 1311, The Onyx Tower 2

1311 is a two-bedroom apartment of 1,784 sqft on the 13th floor of The Onyx Tower 2, a 24-storey tower in The Greens completed in 2015 by The Onyx for Development. The developer sold it on 25 May 2015 for AED 2,100,000, or AED 1,177 per sqft, 19% below the AED 1,445 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 30 May 2023, is AED 138,600 a year: a gross yield of 6.6% on the 2015 price.

Sales and rents for 1311 over time

Sales
Unit 1311, each saleTypical two-bed in The Onyx Tower 2
2M3M2015201820212024Typical sale price by year: 2015 AED 2,407,820; 2016 AED 2,269,472; 2017 AED 2,499,476; 2018 AED 2,250,000; 2019 AED 2,110,000; 2021 AED 1,790,000; 2022 AED 1,856,420; 2023 AED 2,430,000; 2024 AED 2,900,000Sold by developer, May 2015: AED 2,100,000 (AED 1,177 per sqft)

1311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1311, each contractTypical two-bed in The Onyx Tower 2
150K2017202020232026Typical rent by year: 2017 AED 160,000; 2018 AED 155,000; 2019 AED 145,000; 2020 AED 129,000; 2021 AED 120,000; 2022 AED 134,400; 2023 AED 150,000; 2024 AED 173,250; 2025 AED 185,000; 2026 AED 185,000New contract, November 2018: AED 150,000 a yearNew contract, May 2022: AED 132,000 a yearRenewal, May 2023: AED 138,600 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 The Onyx Tower 2, and where 1311 sits

All 78 2-beds →

1311 last sold in May 2015 at AED 1,177 per sqft, 19% below what two-beds in The Onyx Tower 2 were fetching at the time (AED 1,445). 1311's AED 138,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Aug 20253,100,000
6 Mar 20252,700,000
14 Nov 20242,900,000
29 Oct 20242,970,000
0 2-bed sales in the last 12 months

The Onyx Tower 2

Building

168 apartments, 1-bed to 3-bed over 24 floors in The Greens, completed in 2015 by The Onyx for Development. 1 sold in the last 12 months.

Typical price per sqft
AED 2,240
Typical sale
AED 1.71M
Typical rent
AED 175K /yr
Typical yield
4.8%
The Onyx Tower 2, The Greens: prices, sales and rents →

Other units on the 13th floor

All 168 units in The Onyx Tower 2
Value
13011-bedAED 1.52M · Nov 2017
13021-bedAED 1.51M · Nov 2022
13031-bedAED 1.73M · Jul 2022
13041-bedAED 1.25M · Jun 2017
13052-bedAED 1.75M · Jun 2021
13062-bedAED 2.3M · Jun 2015
13071-bedAED 900K · Dec 2020
1–7 of 12

1311, The Onyx Tower 2 in numbers

  • Sold once: by The Onyx for Development on 25 May 2015 for AED 2,100,000, or AED 1,177 per sqft.
  • Rented since November 2018 on 3 Ejari contracts, from AED 150,000 to AED 138,600 a year.
  • At AED 138,600 a year the gross yield on the 2015 price is 6.6%.

Source: Dubai Land Department. Updated 30 May 2023.

Questions about 1311, The Onyx Tower 2

What did unit 1311 last sell for?

AED 2,100,000 on 25 May 2015, sold by the developer: AED 1,177 per sqft for 1,784 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 138,600 a year on the contract renewed on 30 May 2023. The previous contract, from May 2022, was AED 132,000; the unit has been rented since November 2018.

How big is unit 1311?

1,784 sqft (165.7 sqm): a two-bedroom apartment on the 13th floor of a 24-storey tower completed in 2015.

What is unit 1311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1311, The Onyx Tower 2

Starts from the last sale price (AED 2.1M, 25 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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