3-bed · 2,890 sqftAl Fahad Tower 2, Barsha Heights · 15th floor · completed 2016

1504, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 3.69M29 October 2015
Current rentAED 120K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Al Fahad Tower 2

What is 1504 worth today?

Last sold for AED 3,691,213 in 2015

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1 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 42 per sqft
1 Nov 2019RentedNew contract
AED 135,000/yr12 months · AED 47 per sqft
29 Oct 2015Sold by developerOff-plan
AED 3,691,213AED 1,277 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
3-bed apartment
Size
2,890 sqft
Floor
15th of 24
Parking
B1-028 , B1-029
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 53,700 /yr
Last sold
AED 3.69M · October 2015

About 1504, Al Fahad Tower 2

1504 is a three-bedroom apartment of 2,890 sqft on the 15th 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 29 October 2015 for AED 3,691,213, or AED 1,277 per sqft, in line with the AED 1,302 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 July 2021, is AED 120,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 53,700 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical three-bed in Al Fahad Tower 2
2M4M2015201820212024Typical sale price by year: 2015 AED 2,906,235; 2017 AED 2,400,000; 2018 AED 2,036,583; 2022 AED 1,330,000; 2025 AED 2,000,000Sold by developer, October 2015: AED 3,691,213 (AED 1,277 per sqft)

1504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, each contractTypical three-bed in Al Fahad Tower 2
100K150K2017202020232026Typical rent by year: 2017 AED 140,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 88,500; 2021 AED 95,000; 2022 AED 98,175; 2023 AED 115,000; 2024 AED 152,250; 2025 AED 154,000; 2026 AED 164,063New contract, November 2019: AED 135,000 a yearNew contract, July 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Fahad Tower 2, and where 1504 sits

All 38 3-beds →

1504 last sold in October 2015 at AED 1,277 per sqft, in line with what three-beds in Al Fahad Tower 2 were fetching at the time (AED 1,302). 1504's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jun 20252,500,000
26 May 20251,700,000
22 Apr 20252,000,000
20 Jun 20241,880,000
0 3-bed sales in the last 12 months

Al Fahad Tower 2

Building

223 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%
Al Fahad Tower 2, Barsha Heights: prices, sales and rents →

Other units on the 15th floor

All 223 units in Al Fahad Tower 2
Value
15012-bedAED 900K · Oct 2023
15031-bedAED 500K · Jan 2022
15052-bedAED 1.05M · May 2024
15062-bedAED 1.2M · May 2025
15072-bedAED 1.18M · Apr 2017
15082-bedAED 1.04M · Mar 2018
15092-bedAED 936K · May 2023
1–7 of 8

1504, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 29 October 2015 for AED 3,691,213, or AED 1,277 per sqft.
  • Rented since November 2019 on 2 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 53,700 a year (AED 18.59 per sqft).

Source: Dubai Land Department. Updated 1 July 2021.

Questions about 1504, Al Fahad Tower 2

What did unit 1504 last sell for?

AED 3,691,213 on 29 October 2015, sold by the developer: AED 1,277 per sqft for 2,890 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 120,000 a year on the contract signed on 1 July 2021. The previous contract, from November 2019, was AED 135,000.

How big is unit 1504?

2,890 sqft (268.5 sqm): a three-bedroom apartment on the 15th floor of a 24-storey tower completed in 2016.

What is unit 1504 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 1504, Al Fahad Tower 2

Starts from the last sale price (AED 3.69M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,691,213
Deposit, UAE resident (20%)
AED 738,243
Deposit, non-resident (40%)
AED 1,476,485
Monthly over 25 years at 3.7%
AED 15,102

Plus AED 160,041 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →