111, Ahad Residences
Sold prices and rental history: sold once, by the developer in March 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Ahad Residences
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,948 sqft
- Floor
- 1st of 30
- Parking
- B1-08
- Developer
- Ahad Real Estate Development
- Completed
- 2023
- Service charge
- AED 35,000 /yr
- Last sold
- AED 2.15M · March 2024
- Building
- Ahad Residences
About 111, Ahad Residences
111 is a three-bedroom apartment of 1,948 sqft on the 1st floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. The developer sold it on 8 March 2024 for AED 2,150,000, or AED 1,103 per sqft, 17% below the AED 1,334 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 200,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 35,000 a year.
3-beds in Ahad Residences, and where 111 sits
All 7 3-beds →111 last sold in March 2024 at AED 1,103 per sqft, 17% below what three-beds in Ahad Residences were fetching at the time (AED 1,334). Over the last 12 months three-beds sold for AED 4,960,000, around AED 1,930 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20244 November 2024 | 2,569 sqft | 4,600,000 | 1,790 | ||
| 16 May 202316 May 2023 | 2,344 sqft | 3,128,037 | 1,334 | ||
| 15 May 202315 May 2023 | 1,923 sqft | 3,044,654 | 1,583 | ||
| 21 Oct 202221 October 2022 | 2,769 sqft | 3,117,540 | 1,125 |
Ahad Residences
Building346 apartments, studios to 3-bed over 30 floors in Business Bay, completed in 2023 by Ahad Real Estate Development. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,429 Down 1.7%
- Typical sale
- AED 1.94M
- Typical rent
- AED 120K /yr
- Typical yield
- 6.3%
Other units on the 1st floor
All 346 units in Ahad Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 2,309 sqft | AED 3.13MAED 3,128,037 · May 2023May 2023 | 270,000 /yr | |
| 102 | 2-bed | 1,617 sqft | AED 2.37MAED 2,368,975 · Jun 2022June 2022 | 180,000 /yr | |
| 103 | 3-bed | 1,923 sqft | AED 3.04MAED 3,044,654 · May 2023May 2023 | ||
| 104 | 2-bed | 1,832 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | 210,000 /yr | |
| 105 | 2-bed | 2,024 sqft | AED 2.2MAED 2,200,000 · Mar 2024March 2024 | 210,000 /yr | |
| 106 | 1-bed | 1,022 sqft | AED 1.78MAED 1,775,000 · Mar 2023March 2023 | ||
| 107 | 2-bed | 1,744 sqft | AED 1.9MAED 1,900,000 · Mar 2024March 2024 | 200,000 /yr | |
| 108 | 2-bed | 2,588 sqft | AED 2.9MAED 2,900,000 · Mar 2024March 2024 | 260,000 /yr | |
| 109 | 2-bed | 1,641 sqft | AED 1.85MAED 1,850,000 · Mar 2024March 2024 | 200,000 /yr | |
| 110 | 2-bed | 1,778 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | 230,000 /yr |
111, Ahad Residences in numbers
- Sold once: by Ahad Real Estate Development on 8 March 2024 for AED 2,150,000, or AED 1,103 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 35,000 a year (AED 17.98 per sqft).
- Three-beds in Ahad Residences sold for AED 4,960,000–4,960,000 in the 12 months to November 2026; the building's median across all types is AED 2,429 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Questions about 111, Ahad Residences
What did unit 111 last sell for?
AED 2,150,000 on 8 March 2024, sold by the developer: AED 1,103 per sqft for 1,948 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 200,000 a year on the contract signed on 1 October 2024.
How big is unit 111?
1,948 sqft (181.0 sqm): a three-bedroom apartment on the 1st floor of a 30-storey tower completed in 2023.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Ahad Residences sold for AED 4,960,000 to 4,960,000 in the last 12 months, around AED 1,930 per sqft.
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Mortgage on 111, Ahad Residences
Starts from the last sale price (AED 2.15M, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →