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2-bed · 1,418 sqftThe Onyx Tower 2, The Greens · 15th floor · completed 2015

1505, The Onyx Tower 2

Sold prices and rental history: sold twice, last in March 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 13 September 2019
Last soldAED 2.2M26 March 2017
Current rentAED 135K /yr13 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, The Onyx Tower 2

What is 1505 worth today?

Last sold for AED 2,200,000 in 2017

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13 Sep 2019RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
13 Sep 2018RentedNew contract
AED 135,000/yr12 months · AED 95 per sqft
26 Mar 2017SoldOff-plan
AED 2,200,000AED 1,551 per sqft
16 Jun 2015Sold by developerOff-plan
AED 2,127,630AED 1,500 per sqft

Source: Dubai Land Department. Updated 13 September 2019.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
15th of 24
Parking
B2-238
Developer
The Onyx for Development
Completed
2015
Last sold
AED 2.2M · March 2017
Building
The Onyx Tower 2

About 1505, The Onyx Tower 2

1505 is a two-bedroom apartment of 1,418 sqft on the 15th 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 26 March 2017 for AED 2,200,000, or AED 1,551 per sqft, 7% above the AED 1,450 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 13 September 2019, is AED 135,000 a year: a gross yield of 6.1% on the 2017 price.

Sales and rents for 1505 over time

Sales
Unit 1505, 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, June 2015: AED 2,127,630 (AED 1,500 per sqft)Sold, March 2017: AED 2,200,000 (AED 1,551 per sqft)

1505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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, September 2018: AED 135,000 a yearRenewal, September 2019: AED 135,000 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 1505 sits

All 78 2-beds →

1505 last sold in March 2017 at AED 1,551 per sqft, 7% above what two-beds in The Onyx Tower 2 were fetching at the time (AED 1,450). 1505's AED 135,000 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 15th floor

All 168 units in The Onyx Tower 2
Value
15011-bedAED 1.54M · Nov 2017
15021-bedAED 1.6M · Nov 2017
15031-bedAED 1.7M · May 2017
15041-bedAED 1.09M · Oct 2019
15062-bedAED 2.95M · Dec 2023
15071-bedAED 1.61M · Feb 2016
15082-bedAED 1.86M · Feb 2022
1–7 of 12

1505, The Onyx Tower 2 in numbers

  • Sold twice: first on 16 June 2015 for AED 2,127,630, last on 26 March 2017 for AED 2,200,000 (AED 1,551 per sqft).
  • Rented since September 2018 on 2 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2017 price is 6.1%.

Source: Dubai Land Department. Updated 13 September 2019.

Questions about 1505, The Onyx Tower 2

What did unit 1505 last sell for?

AED 2,200,000 on 26 March 2017: AED 1,551 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 2,127,630 in June 2015.

What is the rent for unit 1505?

AED 135,000 a year on the contract renewed on 13 September 2019. The previous contract, from September 2018, was AED 135,000.

How big is unit 1505?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 15th floor of a 24-storey tower completed in 2015.

What is unit 1505 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 1505, The Onyx Tower 2

Starts from the last sale price (AED 2.2M, 26 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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