202, Al Fahad Tower 2
Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Al Fahad Tower 2
What is 202 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,052 sqft
- Floor
- 2nd of 24
- Parking
- B2-002
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 19,600 /yr
- Last sold
- AED 587K · May 2022
- Building
- Al Fahad Tower 2
About 202, Al Fahad Tower 2
202 is a one-bedroom apartment of 1,052 sqft on the 2nd 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 586,775, 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 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 81,900 a year: a gross yield of 14.0% on the 2022 price, before the service charge of about AED 19,600 a year.
Sales and rents for 202 over time
202 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 202 sits
All 44 1-beds →202 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). 202's AED 81,900 is in the lower 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 2nd floor
All 223 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,397 sqft | AED 1.64MAED 1,638,571 · May 2016May 2016 | 72,105 /yr | |
| 203 | 1-bed | 1,051 sqft | AED 1.21MAED 1,208,691 · Oct 2015October 2015 | 66,000 /yr | |
| 204 | 3-bed | 2,890 sqft | AED 2MAED 2,000,000 · Apr 2017April 2017 | 10,000 /yr | |
| 205 | 2-bed | 1,234 sqft | AED 1.09MAED 1,089,173 · Jun 2018June 2018 | 140,000 /yr | |
| 206 | 1,185 sqft | AED 1.09MAED 1,087,719 · Oct 2025October 2025 | 120,000 /yr | ||
| 207 | 2-bed | 1,344 sqft | AED 1.68MAED 1,678,488 · Oct 2015October 2015 | 60,000 /yr | |
| 208 | 2-bed | 1,451 sqft | AED 1.82MAED 1,820,530 · Oct 2015October 2015 | 62,000 /yr | |
| 209 | 2-bed | 1,174 sqft | AED 1.67MAED 1,673,565 · Jan 2016January 2016 | 130,000 /yr | |
| 210 | 3-bed | 2,190 sqft | AED 2MAED 2,000,000 · May 2017May 2017 |
202, Al Fahad Tower 2 in numbers
- Sold twice: first on 22 May 2017 for AED 1,098,810, last on 17 May 2022 for AED 586,775 (AED 557 per sqft).
- Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 81,900 by November 2024.
- At AED 81,900 a year the gross yield on the 2022 price is 14.0%, before a service charge of about AED 19,600 a year (AED 18.59 per sqft).
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 202, Al Fahad Tower 2
What did unit 202 last sell for?
AED 586,775 on 17 May 2022: AED 557 per sqft for 1,052 sqft. The unit has 2 registered sales; the first was AED 1,098,810 in May 2017.
What is the rent for unit 202?
AED 81,900 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 78,000; the unit has been rented since July 2017.
How big is unit 202?
1,052 sqft (97.7 sqm): a one-bedroom apartment on the 2nd floor of a 24-storey tower completed in 2016.
What is unit 202 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 202, Al Fahad Tower 2
Starts from the last sale price (AED 587K, 17 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 586,775
- Deposit, UAE resident (20%)
- AED 117,355
- Deposit, non-resident (40%)
- AED 234,710
- Monthly over 25 years at 3.7%
- AED 2,401
Plus AED 29,655 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →