2-bed · 1,185 sqftAl Fahad Tower 2, Barsha Heights · 3rd floor · completed 2016

306, Al Fahad Tower 2

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.18M30 September 2018
Current rentAED 100K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Fahad Tower 2

What is 306 worth today?

Last sold for AED 1,175,000 in 2018

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1 Feb 2024RentedNew contract
AED 100,270/yr12 months · AED 85 per sqft
28 Nov 2022RentedNew contract
AED 84,000/yr12 months · AED 71 per sqft
15 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
15 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
30 Sep 2018SoldReady
AED 1,175,000AED 991 per sqft
7 Apr 2018RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,479,456AED 1,248 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
3rd of 24
Parking
B2-020
Developer
Alfahad Holding Real Estates Inviestments
Completed
2016
Service charge
AED 22,000 /yr
Last sold
AED 1.18M · September 2018

About 306, Al Fahad Tower 2

306 is a two-bedroom apartment of 1,185 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. It last sold on 30 September 2018 for AED 1,175,000, or AED 991 per sqft, 5% above the AED 947 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 100,270 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 22,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, October 2015: AED 1,479,456 (AED 1,248 per sqft)Sold, September 2018: AED 1,175,000 (AED 991 per sqft)

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

Rents
Unit 306, 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, April 2018: AED 85,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, November 2021: AED 65,000 a yearNew contract, November 2022: AED 84,000 a yearNew contract, February 2024: AED 100,270 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 306 sits

All 126 2-beds →

306 last sold in September 2018 at AED 991 per sqft, 5% above what two-beds in Al Fahad Tower 2 were fetching at the time (AED 947). 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. 306's AED 100,270 is in the lower half 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 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
3043-bedAED 2.5M · Nov 2018
3052-bedAED 1.22M · May 2025
3072-bedAED 1.2M · Jan 2025
3082-bedAED 850K · Jul 2022
1–7 of 9

306, Al Fahad Tower 2 in numbers

  • Sold twice: first on 29 October 2015 for AED 1,479,456, last on 30 September 2018 for AED 1,175,000 (AED 991 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 100,270 by February 2024.
  • At AED 100,270 a year the gross yield on the 2018 price is 8.5%, before a service charge of about AED 22,000 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 1 February 2024.

Questions about 306, Al Fahad Tower 2

What did unit 306 last sell for?

AED 1,175,000 on 30 September 2018: AED 991 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 1,479,456 in October 2015.

What is the rent for unit 306?

AED 100,270 a year on the contract signed on 1 February 2024. The previous contract, from November 2022, was AED 84,000; the unit has been rented since April 2018.

How big is unit 306?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 3rd floor of a 24-storey tower completed in 2016.

What is unit 306 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 306, Al Fahad Tower 2

Starts from the last sale price (AED 1.18M, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →