A2402, 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.
Property timeline for A2402, Two Towers A
What is A2402 worth today?
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Source: Dubai Land Department. Updated 1 September 2022.
Key facts
- Type
- Penthouse apartment
- Size
- 1,839 sqft
- Floor
- 24th of 24
- Parking
- A2402
- Developer
- Rashed Darwish Al Ketbi Real Estate Development
- Completed
- 2009
- Service charge
- AED 31,100 /yr
- Last sold
- AED 3.38M · June 2015
- Building
- Two Towers A
About A2402, Two Towers A
A2402 is a penthouse of 1,839 sqft on the 24th 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 3,377,840, or AED 1,836 per sqft.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 September 2022, is AED 115,000 a year: a gross yield of 3.4% on the 2015 price, before the service charge of about AED 31,100 a year.
Sales and rents for A2402 over time
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Two Towers A, and where A2402 sits
All 5 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 201619 January 2016 | 1,842 sqft | 2,370,000 | 1,286 | ||
| 21 Dec 201521 December 2015 | 1,828 sqft | 3,364,820 | 1,840 | ||
| 30 Jun 201530 June 2015 | 2,135 sqft | 3,161,630 | 1,480 | ||
| 21 Jun 201521 June 2015 | 1,859 sqft | 2,374,113 | 1,277 |
Two Towers A
Building95 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
A2402, Two Towers A in numbers
- Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 21 June 2015 for AED 3,377,840, or AED 1,836 per sqft.
- Rented since November 2012 on 4 Ejari contracts. The rent fell from AED 112,500 to AED 95,000 in 2021 and recovered to AED 115,000 by September 2022.
- At AED 115,000 a year the gross yield on the 2015 price is 3.4%, before a service charge of about AED 31,100 a year (AED 16.93 per sqft).
Source: Dubai Land Department. Updated 1 September 2022.
Questions about A2402, Two Towers A
What did unit A2402 last sell for?
AED 3,377,840 on 21 June 2015, sold by the developer: AED 1,836 per sqft for 1,839 sqft. It is the only registered sale of the unit.
What is the rent for unit A2402?
AED 115,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2021, was AED 95,000; the unit has been rented since November 2012.
How big is unit A2402?
1,839 sqft (170.8 sqm): a penthouse on the 24th floor of a 24-storey tower completed in 2009.
What is unit A2402 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 A2402, Two Towers A
Starts from the last sale price (AED 3.38M, 21 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,377,840
- Deposit, UAE resident (20%)
- AED 675,568
- Deposit, non-resident (40%)
- AED 1,351,136
- Monthly over 25 years at 3.7%
- AED 13,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →