2-bed · 1,344 sqftAl Fahad Tower 2, Barsha Heights · 17th floor · completed 2016

1707, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 810K25 December 2019
Current rentAED 75K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Al Fahad Tower 2

What is 1707 worth today?

Last sold for AED 810,000 in 2019

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10 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
1 May 2021RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
25 Dec 2019Sold by developerReady
AED 810,000AED 602 per sqft
15 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,344 sqft
Floor
17th of 24
Parking
B1-062
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 25,000 /yr
Last sold
AED 810K · December 2019

About 1707, Al Fahad Tower 2

1707 is a two-bedroom apartment of 1,344 sqft on the 17th 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 25 December 2019 for AED 810,000, or AED 602 per sqft, 39% below the AED 988 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 October 2024, is AED 75,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 25,000 a year.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical two-bed in Al Fahad Tower 2
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,526,975; 2015 AED 1,638,571; 2016 AED 1,664,388; 2017 AED 1,388,755; 2018 AED 1,117,396; 2019 AED 1,260,530; 2020 AED 850,000; 2021 AED 1,050,000; 2022 AED 850,000; 2023 AED 927,852; 2024 AED 1,050,000; 2025 AED 1,200,000Sold by developer, December 2019: AED 810,000 (AED 602 per sqft)

1707 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1707, each contractTypical two-bed in Al Fahad Tower 2
75K100K2017202020232026Typical rent by year: 2017 AED 93,500; 2018 AED 88,000; 2019 AED 76,500; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 85,000; 2024 AED 96,000; 2025 AED 110,000; 2026 AED 110,000New contract, July 2018: AED 80,000 a yearNew contract, May 2021: AED 80,000 a yearNew contract, October 2024: AED 75,000 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 Al Fahad Tower 2, and where 1707 sits

All 126 2-beds →

1707 last sold in December 2019 at AED 602 per sqft, 39% below what two-beds in Al Fahad Tower 2 were fetching at the time (AED 988). Over the last 12 months two-beds sold for AED 1,100,000, around AED 928 per sqft, and rent for AED 79,086 to 145,000 a year. 1707's AED 75,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 20261,100,000
30 Jun 20251,265,000
30 Jun 20251,265,000
16 May 20251,220,000
1 2-bed sale 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 17th floor

All 223 units in Al Fahad Tower 2
Value
17012-bedAED 1.49M · May 2017
17021-bedAED 1.36M · Oct 2014
17031-bedAED 800K · Dec 2023
17043-bedAED 2.4M · Nov 2017
17052-bedAED 1.26M · Jun 2019
17062-bedAED 700K · Dec 2020
17082-bedAED 1.15M · Mar 2024
1–7 of 9

1707, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 25 December 2019 for AED 810,000, or AED 602 per sqft.
  • Rented since July 2018 on 3 Ejari contracts, from AED 80,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 25,000 a year (AED 18.59 per sqft).
  • Two-beds in Al Fahad Tower 2 sold for AED 1,100,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 928 per sqft.

Source: Dubai Land Department. Updated 10 October 2024.

Questions about 1707, Al Fahad Tower 2

What did unit 1707 last sell for?

AED 810,000 on 25 December 2019, sold by the developer: AED 602 per sqft for 1,344 sqft. It is the only registered sale of the unit.

What is the rent for unit 1707?

AED 75,000 a year on the contract signed on 10 October 2024. The previous contract, from May 2021, was AED 80,000; the unit has been rented since July 2018.

How big is unit 1707?

1,344 sqft (124.9 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2016.

What is unit 1707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Fahad Tower 2 sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 928 per sqft.

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Mortgage on 1707, Al Fahad Tower 2

Starts from the last sale price (AED 810K, 25 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

Plus AED 39,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →