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

B1203, Two Towers B

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B1203 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 1.94M8 July 2015
Current rentAED 100K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B1203, Two Towers B

What is B1203 worth today?

Last sold for AED 1,939,160 in 2015

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1 May 2023RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
5 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
28 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
14 Aug 2018RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
7 Mar 2017RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft
7 Mar 2016RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft
8 Jul 2015Sold by developerReady
AED 1,939,160AED 1,251 per sqft
7 Mar 2015RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
1,550 sqft
Floor
12th of 24
Parking
B1203
Developer
Rashed Darwish Al Ketbi Real Estate Development
Completed
2009
Service charge
AED 26,200 /yr
Last sold
AED 1.94M · July 2015
Building
Two Towers B

About B1203, Two Towers B

B1203 is a one-bedroom apartment of 1,550 sqft on the 12th floor of Two Towers B, a 24-storey tower in Barsha Heights completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. The developer sold it on 8 July 2015 for AED 1,939,160, or AED 1,251 per sqft, 10% below the AED 1,392 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 May 2023, is AED 100,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 26,200 a year.

Sales and rents for B1203 over time

Sales
Unit B1203, each saleTypical one-bed in Two Towers B
1M1.5M2M2009201320172021Typical sale price by year: 2009 AED 1,640,910; 2013 AED 1,275,838; 2014 AED 1,320,432; 2015 AED 1,646,700; 2023 AED 1,035,209Sold by developer, July 2015: AED 1,939,160 (AED 1,251 per sqft)

B1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B1203, each contractTypical one-bed in Two Towers B
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 80,000; 2014 AED 90,000; 2015 AED 91,000; 2016 AED 91,000; 2017 AED 85,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 60,720; 2021 AED 55,000; 2022 AED 64,750; 2023 AED 71,500; 2024 AED 79,500; 2025 AED 85,000New contract, February 2014: AED 130,000 a yearNew contract, March 2015: AED 135,000 a yearRenewal, March 2016: AED 135,000 a yearRenewal, March 2017: AED 135,000 a yearNew contract, August 2018: AED 95,000 a yearNew contract, January 2021: AED 70,000 a yearNew contract, February 2022: AED 80,000 a yearNew contract, May 2023: AED 100,000 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 B, and where B1203 sits

All 31 1-beds →

B1203 last sold in July 2015 at AED 1,251 per sqft, 10% below what one-beds in Two Towers B were fetching at the time (AED 1,392). B1203's AED 100,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Aug 20241,080,000
4 Jan 20241,050,000
9 Jun 20231,035,209
7 Jun 2023920,000
0 1-bed sales in the last 12 months

Two Towers B

Building

107 apartments, 1-bed to 2-bed over 24 floors in Barsha Heights, completed in 2009 by Rashed Darwish Al Ketbi Real Estate Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,161
Typical sale
AED 1.8M
Typical rent
AED 100K /yr
Typical yield
6.9%
Two Towers B, Barsha Heights: prices, sales and rents →

Other units on the 12th floor

All 107 units in Two Towers B
Value
B12012-bedAED 1.8M · Dec 2025
B12022-bedAED 1.15M · Jun 2023
B12042-bedAED 1.75M · Feb 2025

B1203, Two Towers B in numbers

  • Sold once: by Rashed Darwish Al Ketbi Real Estate Development on 8 July 2015 for AED 1,939,160, or AED 1,251 per sqft.
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2021 and recovered to AED 100,000 by May 2023.
  • At AED 100,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 26,200 a year (AED 16.93 per sqft).

Source: Dubai Land Department. Updated 1 May 2023.

Questions about B1203, Two Towers B

What did unit B1203 last sell for?

AED 1,939,160 on 8 July 2015, sold by the developer: AED 1,251 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit B1203?

AED 100,000 a year on the contract signed on 1 May 2023. The previous contract, from February 2022, was AED 80,000; the unit has been rented since February 2014.

How big is unit B1203?

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 B1203 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 B1203, Two Towers B

Starts from the last sale price (AED 1.94M, 8 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,939,160
Deposit, UAE resident (20%)
AED 387,832
Deposit, non-resident (40%)
AED 775,664
Monthly over 25 years at 3.7%
AED 7,934

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