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1-bed · 1,550 sqftTwo Towers A, Barsha Heights · 12th floor · completed 2009

A1203, Two Towers A

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1203 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.3M11 December 2017
Current rentAED 130K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1203, Two Towers A

What is A1203 worth today?

Last sold for AED 1,300,000 in 2017

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5 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
5 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
5 Aug 2023RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
4 Nov 2022RentedNew contract
AED 110,000/yr13 months · AED 71 per sqft
1 Jul 2022RentedNew contract
AED 98,000/yr13 months · AED 63 per sqft
16 Dec 2020RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedRenewal
AED 95,000/yr12 months · AED 61 per sqft
1 Nov 2018RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
1,550 sqft
Floor
12th of 24
Parking
A1203
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 26,200 /yr
Last sold
AED 1.3M · December 2017
Building
Two Towers A

About A1203, Two Towers A

A1203 is a one-bedroom apartment of 1,550 sqft on the 12th floor of Two Towers A, a 24-storey tower in Barsha Heights completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. The developer sold it on 11 December 2017 for AED 1,300,000, or AED 838 per sqft.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 130,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 26,200 a year.

Sales and rents for A1203 over time

Sales
Unit A1203, each saleTypical one-bed in Two Towers A
1.4M1.6M2014201720202023Typical sale price by year: 2014 AED 1,288,114; 2015 AED 1,646,700; 2023 AED 1,308,450Sold by developer, December 2017: AED 1,300,000 (AED 838 per sqft)

A1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1203, each contractTypical one-bed in Two Towers A
50K100K2012201620202024Typical rent by year: 2012 AED 73,500; 2013 AED 75,000; 2014 AED 90,500; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 91,000; 2018 AED 85,000; 2019 AED 70,000; 2020 AED 63,000; 2021 AED 57,000; 2022 AED 66,000; 2023 AED 71,750; 2024 AED 87,000; 2025 AED 90,000New contract, November 2016: AED 123,000 a yearRenewal, November 2017: AED 110,000 a yearRenewal, November 2018: AED 100,000 a yearRenewal, November 2019: AED 95,000 a yearNew contract, December 2020: AED 70,000 a yearNew contract, July 2022: AED 98,000 a yearNew contract, November 2022: AED 110,000 a yearNew contract, August 2023: AED 125,000 a yearRenewal, August 2024: AED 130,000 a yearRenewal, August 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Two Towers A, and where A1203 sits

All 26 1-beds →

A1203's AED 130,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 20251,300,000
28 Mar 20241,165,000
7 Jun 2023920,000
9 May 20231,308,450
0 1-bed sales in the last 12 months

Two Towers A

Building

95 apartments, 1-bed to 2-bed over 24 floors in Barsha Heights, completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 110K /yr
Typical yield
Two Towers A, Barsha Heights: prices, sales and rents →

Other units on the 12th floor

All 95 units in Two Towers A
Value
A12012-bedAED 895K · Aug 2020
A12022-bedAED 1.63M · Nov 2016
A12042-bedAED 1.15M · Jun 2023

A1203, Two Towers A in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 11 December 2017 for AED 1,300,000, or AED 838 per sqft.
  • Rented since November 2016 on 10 Ejari contracts. The rent fell from AED 123,000 to AED 70,000 in 2020 and recovered to AED 130,000 by August 2024.
  • At AED 130,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 26,200 a year (AED 16.93 per sqft).

Source: Dubai Land Department. Updated 5 August 2024.

Questions about A1203, Two Towers A

What did unit A1203 last sell for?

AED 1,300,000 on 11 December 2017, sold by the developer: AED 838 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit A1203?

AED 130,000 a year on the contract renewed on 5 August 2024. The previous contract, from August 2024, was AED 130,000; the unit has been rented since November 2016.

How big is unit A1203?

1,550 sqft (144.0 sqm): a one-bedroom apartment on the 12th floor of a 24-storey tower completed in 2009.

What is unit A1203 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 A1203, Two Towers A

Starts from the last sale price (AED 1.3M, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →