505, Al Fahad Tower 2
Sold prices and rental history: sold twice, last in May 2023, 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 505, Al Fahad Tower 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,234 sqft
- Floor
- 5th of 24
- Parking
- B2-049 , B2-050
- Developer
- Alfahad Holding Real Estates Inviestments
- Completed
- 2016
- Service charge
- AED 22,900 /yr
- Last sold
- AED 900K · May 2023
- Building
- Al Fahad Tower 2
About 505, Al Fahad Tower 2
505 is a two-bedroom apartment of 1,234 sqft on the 5th 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 10 May 2023 for AED 900,000, or AED 729 per sqft, in line with the AED 717 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 February 2025, is AED 110,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 22,900 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 126 2-beds →505 last sold in May 2023 at AED 729 per sqft, in line with what two-beds in Al Fahad Tower 2 were fetching at the time (AED 717). 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. 505's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 1,185 sqft | 1,100,000 | 928 | ||
| 30 Jun 202530 June 2025 | 1,711 sqft | 1,265,000 | 739 | ||
| 30 Jun 202530 June 2025 | 1,711 sqft | 1,265,000 | 739 | ||
| 16 May 202516 May 2025 | 1,234 sqft | 1,220,000 | 988 |
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 5th floor
All 223 units in Al Fahad Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,397 sqft | AED 850KAED 850,000 · Jul 2022July 2022 | 110,000 /yr | |
| 502 | 1-bed | 1,052 sqft | AED 455KAED 455,000 · Jul 2022July 2022 | 22,000 /yr | |
| 503 | 1-bed | 1,051 sqft | AED 1.21MAED 1,208,691 · Oct 2015October 2015 | 49,500 /yr | |
| 504 | 3-bed | 2,890 sqft | AED 2.5MAED 2,500,000 · Dec 2018December 2018 | 40,000 /yr | |
| 506 | 2-bed | 1,185 sqft | AED 1.36MAED 1,356,168 · Mar 2023March 2023 | 115,000 /yr | |
| 507 | 2-bed | 1,344 sqft | AED 1.66MAED 1,664,616 · Apr 2017April 2017 | 80,000 /yr | |
| 508 | 2-bed | 1,451 sqft | AED 1.82MAED 1,820,530 · Oct 2015October 2015 | 77,000 /yr | |
| 509 | 2-bed | 1,174 sqft | AED 1.28MAED 1,282,659 · May 2017May 2017 | 56,000 /yr | |
| 510 | 3-bed | 2,190 sqft | AED 2.91MAED 2,906,235 · Oct 2015October 2015 |
505, Al Fahad Tower 2 in numbers
- Sold twice: first on 16 July 2017 for AED 1,544,149, last on 10 May 2023 for AED 900,000 (AED 729 per sqft).
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 63,250 in 2022 and recovered to AED 110,000 by February 2025.
- At AED 110,000 a year the gross yield on the 2023 price is 12.2%, before a service charge of about AED 22,900 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 2025.
Questions about 505, Al Fahad Tower 2
What did unit 505 last sell for?
AED 900,000 on 10 May 2023: AED 729 per sqft for 1,234 sqft. The unit has 2 registered sales; the first was AED 1,544,149 in July 2017.
What is the rent for unit 505?
AED 110,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2024, was AED 105,000; the unit has been rented since August 2017.
How big is unit 505?
1,234 sqft (114.6 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2016.
What is unit 505 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 505, Al Fahad Tower 2
Starts from the last sale price (AED 900K, 10 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →