1-bed · 924 sqftAhad Residences, Business Bay · 12th floor · completed 2023

1206, Ahad Residences

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 17 January 2025
Last soldAED 1.57M31 August 2022
Current rentAED 130K /yr17 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Ahad Residences

What is 1206 worth today?

Last sold for AED 1,571,122 in 2022

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17 Jan 2025RentedNew contract
AED 130,000/yr12 months · AED 144 per sqft
31 Aug 2022Sold by developerOff-plan
AED 1,571,122AED 1,699 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2025.

Key facts

Type
1-bed apartment
Size
924 sqft
Floor
12th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 16,600 /yr
Last sold
AED 1.57M · August 2022

About 1206, Ahad Residences

1206 is a one-bedroom apartment of 924 sqft on the 12th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. The developer sold it on 31 August 2022 for AED 1,571,122, or AED 1,699 per sqft, in line with the AED 1,658 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 January 2025. The current contract, signed on 17 January 2025, is AED 130,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Ahad Residences
1.5M2M202220242026Typical sale price by year: 2022 AED 1,396,676; 2023 AED 1,650,000; 2024 AED 1,750,000; 2025 AED 1,950,000; 2026 AED 1,700,000Sold by developer, August 2022: AED 1,571,122 (AED 1,699 per sqft)

1206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Ahad Residences
120K125K130K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, January 2025: AED 130,000 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 Ahad Residences, and where 1206 sits

All 221 1-beds →

1206 last sold in August 2022 at AED 1,699 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,658). Over the last 12 months one-beds sold for AED 1,650,000 to 2,265,000, around AED 2,346 per sqft, and rent for AED 90,000 to 170,000 a year. 1206's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,700,000
3 Feb 20261,650,000
23 Jan 20262,265,000
2 Jan 202685,105
7 1-bed sales in the last 12 months

Ahad Residences

Building

346 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%
Ahad Residences, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 346 units in Ahad Residences
Value
12011-bedAED 1.64M · Feb 2023
12021-bedAED 1.73M · Feb 2024
12031-bedAED 1.73M · Jul 2024
12041-bedAED 1.47M · Dec 2022
12051-bedAED 1.23M · Sep 2022
12071-bedAED 2M · Jun 2024
1208StudioAED 863K · Oct 2022
1–7 of 13

1206, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 31 August 2022 for AED 1,571,122, or AED 1,699 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 16,600 a year (AED 17.98 per sqft).
  • One-beds in Ahad Residences sold for AED 1,650,000–2,265,000 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 17 January 2025.

Questions about 1206, Ahad Residences

What did unit 1206 last sell for?

AED 1,571,122 on 31 August 2022, sold by the developer: AED 1,699 per sqft for 924 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 130,000 a year on the contract signed on 17 January 2025.

How big is unit 1206?

924 sqft (85.8 sqm): a one-bedroom apartment on the 12th floor of a 30-storey tower completed in 2023.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ahad Residences sold for AED 1,650,000 to 2,265,000 in the last 12 months, around AED 2,346 per sqft.

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Mortgage on 1206, Ahad Residences

Starts from the last sale price (AED 1.57M, 31 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,571,122
Deposit, UAE resident (20%)
AED 314,224
Deposit, non-resident (40%)
AED 628,449
Monthly over 25 years at 3.7%
AED 6,428

Plus AED 70,997 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →