1003, Al Fahad Tower 2
Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Al Fahad Tower 2
What is 1003 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,051 sqft
- Floor
- 10th of 24
- Parking
- B2-109 , B2-110
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 19,500 /yr
- Last sold
- AED 586K · May 2022
- Building
- Al Fahad Tower 2
About 1003, Al Fahad Tower 2
1003 is a one-bedroom apartment of 1,051 sqft on the 10th floor of Al Fahad Tower 2, a 24-storey tower in Barsha Heights completed in 2016 by Alfahad Holding Real Estates Inviestments. It last sold on 17 May 2022 for AED 586,375, or AED 557 per sqft, in line with the AED 557 one-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 20 December 2024, is AED 84,000 a year: a gross yield of 14.3% on the 2022 price, before the service charge of about AED 19,500 a year.
Sales and rents for 1003 over time
1003 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 Al Fahad Tower 2, and where 1003 sits
All 44 1-beds →1003 last sold in May 2022 at AED 557 per sqft, in line with what one-beds in Al Fahad Tower 2 were fetching at the time (AED 557). 1003's AED 84,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jul 20243 July 2024 | 1,051 sqft | 830,000 | 789 | ||
| 28 Dec 202328 December 2023 | 1,051 sqft | 800,000 | 761 | ||
| 11 Oct 202311 October 2023 | 1,051 sqft | 700,000 | 665 | ||
| 25 May 202325 May 2023 | 1,051 sqft | 730,000 | 694 |
Al Fahad Tower 2
Building223 apartments, 1-bed to 3-bed over 24 floors in Barsha Heights, completed in 2016 by Alfahad Holding Real Estates Inviestments. 1 sold in the last 12 months.
- Typical price per sqft
- AED 928
- Typical sale
- AED 1.1M
- Typical rent
- AED 110K /yr
- Typical yield
- 8.3%
Other units on the 10th floor
All 223 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 804 | 2-bed | 1,711 sqft | AED 1.27MAED 1,265,000 · Jun 2025June 2025 | 150,000 /yr | |
| 1001 | 2-bed | 1,397 sqft | AED 820KAED 820,000 · Mar 2022March 2022 | 89,250 /yr | |
| 1002 | 1-bed | 1,052 sqft | AED 1.26MAED 1,263,632 · May 2019May 2019 | ||
| 1005 | 2-bed | 1,234 sqft | AED 800KAED 800,000 · Nov 2023November 2023 | ||
| 1006 | 2-bed | 1,185 sqft | AED 900KAED 900,000 · May 2024May 2024 | 90,000 /yr | |
| 1007 | 2-bed | 1,344 sqft | AED 1.33MAED 1,331,693 · Aug 2016August 2016 | 65,000 /yr | |
| 1008 | 2-bed | 1,451 sqft | AED 1.78MAED 1,775,392 · Mar 2017March 2017 | 94,500 /yr | |
| 1009 | 1,174 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | 135,000 /yr | ||
| 1010 | 3-bed | 2,190 sqft | AED 2.22MAED 2,218,500 · Mar 2014March 2014 | ||
| 1011 | 2-bed | 1,215 sqft | AED 1.2MAED 1,200,000 · May 2021May 2021 | 123,000 /yr |
1003, Al Fahad Tower 2 in numbers
- Sold twice: first on 14 May 2018 for AED 751,537, last on 17 May 2022 for AED 586,375 (AED 557 per sqft).
- Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 62,000 to AED 43,000 in 2022 and recovered to AED 84,000 by December 2024.
- At AED 84,000 a year the gross yield on the 2022 price is 14.3%, before a service charge of about AED 19,500 a year (AED 18.59 per sqft).
Source: Dubai Land Department. Updated 20 December 2024.
Questions about 1003, Al Fahad Tower 2
What did unit 1003 last sell for?
AED 586,375 on 17 May 2022: AED 557 per sqft for 1,051 sqft. The unit has 2 registered sales; the first was AED 751,537 in May 2018.
What is the rent for unit 1003?
AED 84,000 a year on the contract renewed on 20 December 2024. The previous contract, from December 2023, was AED 85,000; the unit has been rented since July 2019.
How big is unit 1003?
1,051 sqft (97.6 sqm): a one-bedroom apartment on the 10th floor of a 24-storey tower completed in 2016.
What is unit 1003 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 1003, Al Fahad Tower 2
Starts from the last sale price (AED 586K, 17 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 586,375
- Deposit, UAE resident (20%)
- AED 117,275
- Deposit, non-resident (40%)
- AED 234,550
- Monthly over 25 years at 3.7%
- AED 2,399
Plus AED 29,638 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →