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2-bed · 1,550 sqftTwo Towers A, Barsha Heights · 16th floor · completed 2009

A1602, Two Towers A

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

Unit A1602 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 1.9M28 December 2016
Current rentAED 85K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for A1602, Two Towers A

What is A1602 worth today?

Last sold for AED 1,904,326 in 2016

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20 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
20 Jun 2021RentedNew contract
AED 73,000/yr12 months · AED 47 per sqft
15 Nov 2020RentedRenewal
AED 78,474/yr12 months · AED 51 per sqft
15 Nov 2019RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
15 Nov 2017RentedNew contract
AED 108,000/yr12 months · AED 70 per sqft
28 Dec 2016Sold by developerReady
AED 1,904,326AED 1,228 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
16th of 24
Parking
A1602
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 26,200 /yr
Last sold
AED 1.9M · December 2016
Building
Two Towers A

About A1602, Two Towers A

A1602 is a two-bedroom apartment of 1,550 sqft on the 16th 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 28 December 2016 for AED 1,904,326, or AED 1,228 per sqft, in line with the AED 1,228 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 June 2024, is AED 85,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 26,200 a year.

Sales and rents for A1602 over time

Sales
Unit A1602, each saleTypical two-bed in Two Towers A
1M2M2009201420192024Typical sale price by year: 2009 AED 2,278,272; 2013 AED 1,894,580; 2014 AED 1,662,424; 2015 AED 1,982,272; 2016 AED 1,904,326; 2017 AED 1,559,824; 2018 AED 2,041,040; 2020 AED 1,000,000; 2021 AED 1,300,000; 2023 AED 1,455,000; 2024 AED 1,500,000; 2025 AED 1,750,000Sold by developer, December 2016: AED 1,904,326 (AED 1,228 per sqft)

A1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A1602, each contractTypical two-bed in Two Towers A
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 95,000; 2014 AED 125,000; 2015 AED 127,500; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 93,500; 2024 AED 100,000; 2025 AED 115,000; 2026 AED 145,000New contract, November 2017: AED 108,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2020: AED 78,474 a yearNew contract, June 2021: AED 73,000 a yearNew contract, June 2024: AED 85,000 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 Two Towers A, and where A1602 sits

All 62 2-beds →

A1602 last sold in December 2016 at AED 1,228 per sqft, in line with what two-beds in Two Towers A were fetching at the time (AED 1,228). A1602's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jun 20251,750,000
24 Apr 20251,750,000
22 Apr 20251,900,000
18 Mar 20251,600,000
0 2-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 16th floor

All 95 units in Two Towers A
Value
A16012-bedAED 1.91M · Oct 2015
A16031-bedAED 1.17M · Mar 2024
A16042-bedAED 1.9M · Dec 2016
A16061-bedAED 1.65M · Jun 2015

A1602, Two Towers A in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 28 December 2016 for AED 1,904,326, or AED 1,228 per sqft.
  • Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 108,000 to AED 73,000 in 2021 and recovered to AED 85,000 by June 2024.
  • At AED 85,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 26,200 a year (AED 16.93 per sqft).

Source: Dubai Land Department. Updated 20 June 2024.

Questions about A1602, Two Towers A

What did unit A1602 last sell for?

AED 1,904,326 on 28 December 2016, sold by the developer: AED 1,228 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit A1602?

AED 85,000 a year on the contract signed on 20 June 2024. The previous contract, from June 2021, was AED 73,000; the unit has been rented since November 2017.

How big is unit A1602?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2009.

What is unit A1602 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 A1602, Two Towers A

Starts from the last sale price (AED 1.9M, 28 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,904,326
Deposit, UAE resident (20%)
AED 380,865
Deposit, non-resident (40%)
AED 761,730
Monthly over 25 years at 3.7%
AED 7,791

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