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

304, Al Fahad Tower 2

Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 16 January 2023
Last soldAED 2.5M4 November 2018
Current rentAED 50K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Al Fahad Tower 2

What is 304 worth today?

Last sold for AED 2,500,000 in 2018

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16 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 17 per sqft
4 Nov 2018Sold by developerReady
AED 2,500,000AED 864 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
3-bed apartment
Size
2,890 sqft
Floor
3rd of 24
Parking
B2-017 , B2-018
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 53,700 /yr
Last sold
AED 2.5M · November 2018
Building
Al Fahad Tower 2

About 304, Al Fahad Tower 2

304 is a three-bedroom apartment of 2,890 sqft on the 3rd 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 4 November 2018 for AED 2,500,000, or AED 864 per sqft, 5% below the AED 913 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 January 2023. The current contract, signed on 16 January 2023, is AED 50,000 a year: a gross yield of 2.0% on the 2018 price, before the service charge of about AED 53,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical three-bed in Al Fahad Tower 2
2M3M2015201820212024Typical 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, November 2018: AED 2,500,000 (AED 864 per sqft)

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

Rents
Unit 304, each contractTypical three-bed in Al Fahad Tower 2
100K2017202020232026Typical 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, January 2023: AED 50,000 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 304 sits

All 38 3-beds →

304 last sold in November 2018 at AED 864 per sqft, 5% below what three-beds in Al Fahad Tower 2 were fetching at the time (AED 913). 304's AED 50,000 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 3rd floor

All 223 units in Al Fahad Tower 2
Value
3012-bedAED 1.64M · May 2016
3021-bedAED 1.2M · Oct 2015
3031-bedAED 1.32M · Oct 2015
3052-bedAED 1.22M · May 2025
3062-bedAED 1.18M · Sep 2018
3072-bedAED 1.2M · Jan 2025
3082-bedAED 850K · Jul 2022
1–7 of 9

304, Al Fahad Tower 2 in numbers

  • Sold once: by Alfahad Holding Real Estates Inviestments on 4 November 2018 for AED 2,500,000, or AED 864 per sqft.
  • Rented since January 2023 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 2.0%, before a service charge of about AED 53,700 a year (AED 18.59 per sqft).

Source: Dubai Land Department. Updated 16 January 2023.

Questions about 304, Al Fahad Tower 2

What did unit 304 last sell for?

AED 2,500,000 on 4 November 2018, sold by the developer: AED 864 per sqft for 2,890 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 50,000 a year on the contract signed on 16 January 2023.

How big is unit 304?

2,890 sqft (268.5 sqm): a three-bedroom apartment on the 3rd floor of a 24-storey tower completed in 2016.

What is unit 304 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 304, Al Fahad Tower 2

Starts from the last sale price (AED 2.5M, 4 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →