1404, Al Fahad Tower 2
Sold prices and rental history: sold once, by the developer in August 2017, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Al Fahad Tower 2
What is 1404 worth today?
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Source: Dubai Land Department. Updated 14 April 2020.
Key facts
- Type
- Apartment
- Size
- 2,890 sqft
- Floor
- 14th of 24
- Parking
- B1-014 , B1-015
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 53,700 /yr
- Last sold
- AED 2.25M · August 2017
- Building
- Al Fahad Tower 2
About 1404, Al Fahad Tower 2
1404 is an apartment of 2,890 sqft on the 14th floor of Al Fahad Tower 2, a 24-storey tower in Barsha Heights completed in 2016 by Alfahad Holding Real Estates Inviestments. The developer sold it on 20 August 2017 for AED 2,250,000, or AED 778 per sqft.
One Ejari contract is registered, from 14 April 2020. The current contract, signed on 14 April 2020, is AED 10,000 a year: a gross yield of 0.4% on the 2017 price, before the service charge of about AED 53,700 a year.
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 14th floor
All 223 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,397 sqft | AED 1.03MAED 1,030,000 · Jan 2024January 2024 | 140,000 /yr | |
| 1402 | 1-bed | 1,052 sqft | AED 980KAED 980,406 · Jun 2018June 2018 | 58,000 /yr | |
| 1403 | 1-bed | 1,051 sqft | AED 586KAED 586,355 · May 2022May 2022 | 75,000 /yr | |
| 1405 | 2-bed | 1,234 sqft | AED 1.7MAED 1,701,716 · Oct 2015October 2015 | 75,000 /yr | |
| 1406 | 2-bed | 1,185 sqft | AED 1.66MAED 1,664,388 · Oct 2015October 2015 | 88,000 /yr | |
| 1407 | 2-bed | 1,344 sqft | AED 1.87MAED 1,872,693 · Oct 2015October 2015 | ||
| 1408 | 2-bed | 1,451 sqft | AED 1MAED 1,000,000 · Feb 2019February 2019 | 75,000 /yr | |
| 1409 | 2-bed | 1,174 sqft | AED 1.65MAED 1,649,133 · Oct 2015October 2015 | 90,000 /yr | |
| 1410 | 3-bed | 2,190 sqft | AED 2.66MAED 2,662,200 · May 2017May 2017 | 110,000 /yr |
1404, Al Fahad Tower 2 in numbers
- Sold once: by Alfahad Holding Real Estates Inviestments on 20 August 2017 for AED 2,250,000, or AED 778 per sqft.
- Rented since April 2020 on one Ejari contract, at AED 10,000 a year.
- At AED 10,000 a year the gross yield on the 2017 price is 0.4%, before a service charge of about AED 53,700 a year (AED 18.59 per sqft).
Source: Dubai Land Department. Updated 14 April 2020.
Questions about 1404, Al Fahad Tower 2
What did unit 1404 last sell for?
AED 2,250,000 on 20 August 2017, sold by the developer: AED 778 per sqft for 2,890 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 10,000 a year on the contract signed on 14 April 2020.
How big is unit 1404?
2,890 sqft (268.5 sqm): an apartment on the 14th floor of a 24-storey tower completed in 2016.
What is unit 1404 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 1404, Al Fahad Tower 2
Starts from the last sale price (AED 2.25M, 20 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →