2-bed · 1,904 sqftThe Onyx Tower 2, The Greens · 14th floor · completed 2015

1406, The Onyx Tower 2

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 3M27 August 2024
Current rentAED 180K /yr7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, The Onyx Tower 2

What is 1406 worth today?

Last sold for AED 3,000,000 in 2024

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27 Aug 2024SoldReady
AED 3,000,000AED 1,575 per sqft
7 Mar 2024RentedRenewal
AED 180,000/yr12 months · AED 95 per sqft
7 Mar 2023RentedRenewal
AED 140,000/yr12 months · AED 74 per sqft
7 Mar 2022RentedNew contract
AED 135,000/yr12 months · AED 71 per sqft
7 Mar 2021RentedRenewal
AED 127,000/yr12 months · AED 67 per sqft
7 Mar 2020RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft
7 Mar 2019RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
6 Sep 2015Sold by developerOff-plan
AED 2,495,064AED 1,310 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
2-bed apartment
Size
1,904 sqft
Floor
14th of 24
Parking
B2-364 , B2-365
Developer
The Onyx for Development
Completed
2015
Last sold
AED 3M · August 2024

About 1406, The Onyx Tower 2

1406 is a two-bedroom apartment of 1,904 sqft on the 14th floor of The Onyx Tower 2, a 24-storey tower in The Greens completed in 2015 by The Onyx for Development. It last sold on 27 August 2024 for AED 3,000,000, or AED 1,575 per sqft, in line with the AED 1,552 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 March 2024, is AED 180,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, September 2015: AED 2,495,064 (AED 1,310 per sqft)Sold, August 2024: AED 3,000,000 (AED 1,575 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, 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, March 2019: AED 160,000 a yearRenewal, March 2020: AED 150,000 a yearRenewal, March 2021: AED 127,000 a yearNew contract, March 2022: AED 135,000 a yearRenewal, March 2023: AED 140,000 a yearRenewal, March 2024: AED 180,000 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 The Onyx Tower 2, and where 1406 sits

All 78 2-beds →

1406 last sold in August 2024 at AED 1,575 per sqft, in line with what two-beds in The Onyx Tower 2 were fetching at the time (AED 1,552). 1406's AED 180,000 is in the lower half 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 14th floor

All 168 units in The Onyx Tower 2
Value
14011-bedAED 1.87M · May 2015
14021-bedAED 1.59M · Nov 2017
14031-bedAED 2.38M · Oct 2025
14041-bedAED 1.6M · Jan 2025
14052-bedAED 1.85M · Feb 2022
14071-bedNo registered sale
14082-bedAED 2.45M · Nov 2022
1–7 of 12

1406, The Onyx Tower 2 in numbers

  • Sold twice: first on 6 September 2015 for AED 2,495,064, last on 27 August 2024 for AED 3,000,000 (AED 1,575 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 127,000 in 2021 and recovered to AED 180,000 by March 2024.
  • At AED 180,000 a year the gross yield on the 2024 price is 6.0%.

Source: Dubai Land Department. Updated 27 August 2024.

Questions about 1406, The Onyx Tower 2

What did unit 1406 last sell for?

AED 3,000,000 on 27 August 2024: AED 1,575 per sqft for 1,904 sqft. The unit has 2 registered sales; the first was AED 2,495,064 in September 2015.

What is the rent for unit 1406?

AED 180,000 a year on the contract renewed on 7 March 2024. The previous contract, from March 2023, was AED 140,000; the unit has been rented since March 2019.

How big is unit 1406?

1,904 sqft (176.9 sqm): a two-bedroom apartment on the 14th floor of a 24-storey tower completed in 2015.

What is unit 1406 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 1406, The Onyx Tower 2

Starts from the last sale price (AED 3M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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