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1-bed · 1,182 sqftTwo Towers A, Barsha Heights · 15th floor · completed 2009

A1506, Two Towers A

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A1506 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 1.65M21 June 2015
Current rentAED 90K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1506, Two Towers A

What is A1506 worth today?

Last sold for AED 1,646,700 in 2015

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30 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 76 per sqft
30 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
30 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
6 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
10 Jul 2018RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
10 Jul 2017RentedNew contract
AED 92,000/yr12 months · AED 78 per sqft
7 Oct 2016RentedRenewal
AED 92,000/yr12 months · AED 78 per sqft
7 Oct 2015RentedNew contract
AED 100,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
1-bed apartment
Size
1,182 sqft
Floor
15th of 24
Parking
A1506
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.65M · June 2015
Building
Two Towers A

About A1506, Two Towers A

A1506 is a one-bedroom apartment of 1,182 sqft on the 15th 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 21 June 2015 for AED 1,646,700, or AED 1,392 per sqft, in line with the AED 1,392 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 30 August 2024, is AED 90,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 20,000 a year.

Sales and rents for A1506 over time

Sales
Unit A1506, 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, June 2015: AED 1,646,700 (AED 1,392 per sqft)

A1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit A1506, each contractTypical one-bed in Two Towers A
60K80K100K2012201620202024Typical 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, May 2012: AED 72,000 a yearRenewal, May 2013: AED 72,000 a yearNew contract, June 2015: AED 100,000 a yearNew contract, October 2015: AED 100,000 a yearRenewal, October 2016: AED 92,000 a yearNew contract, July 2017: AED 92,000 a yearRenewal, July 2018: AED 85,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, September 2022: AED 75,000 a yearNew contract, September 2023: AED 75,000 a yearNew contract, August 2024: AED 90,000 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 A1506 sits

All 26 1-beds →

A1506 last sold in June 2015 at AED 1,392 per sqft, in line with what one-beds in Two Towers A were fetching at the time (AED 1,392). A1506's AED 90,000 is in the upper half 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 15th floor

All 95 units in Two Towers A
Value
A15031-bedAED 1.76M · Aug 2009
A15042-bedAED 1.87M · Sep 2021
A15052-bedAED 950K · Apr 2021

A1506, Two Towers A in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 21 June 2015 for AED 1,646,700, or AED 1,392 per sqft.
  • Rented since May 2012 on 11 Ejari contracts, from AED 72,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 20,000 a year (AED 16.93 per sqft).

Source: Dubai Land Department. Updated 30 August 2024.

Questions about A1506, Two Towers A

What did unit A1506 last sell for?

AED 1,646,700 on 21 June 2015, sold by the developer: AED 1,392 per sqft for 1,182 sqft. It is the only registered sale of the unit.

What is the rent for unit A1506?

AED 90,000 a year on the contract signed on 30 August 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since May 2012.

How big is unit A1506?

1,182 sqft (109.8 sqm): a one-bedroom apartment on the 15th floor of a 24-storey tower completed in 2009.

What is unit A1506 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 A1506, Two Towers A

Starts from the last sale price (AED 1.65M, 21 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,646,700
Deposit, UAE resident (20%)
AED 329,340
Deposit, non-resident (40%)
AED 658,680
Monthly over 25 years at 3.7%
AED 6,737

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