1603, Ahad Residences
Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Ahad Residences
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 686 sqft
- Floor
- 16th of 30
- Parking
- 1
- Developer
- Ahad Real Estate Development
- Completed
- 2023
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.09M · May 2022
- Building
- Ahad Residences
About 1603, Ahad Residences
1603 is a one-bedroom apartment of 686 sqft on the 16th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. The developer sold it on 23 May 2022 for AED 1,088,000, or AED 1,585 per sqft, in line with the AED 1,620 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 May 2025, is AED 110,000 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 221 1-beds →1603 last sold in May 2022 at AED 1,585 per sqft, in line with what one-beds in Ahad Residences were fetching at the time (AED 1,620). 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. 1603's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 648 sqft | 1,700,000 | 2,623 | ||
| 3 Feb 20263 February 2026 | 679 sqft | 1,650,000 | 2,429 | ||
| 23 Jan 202623 January 2026 | 1,002 sqft | 2,265,000 | 2,260 | ||
| 2 Jan 20262 January 2026 | 781 sqft | 85,105 | 108 |
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 16th floor
All 346 units in Ahad Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 894 sqft | AED 1.87MAED 1,870,000 · May 2024May 2024 | 135,000 /yr | |
| 1602 | 1-bed | 839 sqft | AED 1.78MAED 1,780,000 · Jan 2025January 2025 | ||
| 1604 | 1-bed | 781 sqft | AED 1.77MAED 1,765,000 · Jun 2024June 2024 | 125,000 /yr | |
| 1605 | 1-bed | 682 sqft | AED 1.6MAED 1,600,000 · Jul 2024July 2024 | 108,000 /yr | |
| 1606 | 1-bed | 924 sqft | AED 1.62MAED 1,624,377 · Aug 2022August 2022 | ||
| 1607 | 1-bed | 907 sqft | AED 1.9MAED 1,900,000 · Jan 2024January 2024 | ||
| 1608 | Studio | 451 sqft | AED 995KAED 995,000 · Apr 2024April 2024 | ||
| 1609 | Studio | 418 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | ||
| 1610 | 1-bed | 997 sqft | AED 1.78MAED 1,780,843 · Feb 2023February 2023 | ||
| 1611 | Studio | 456 sqft | AED 960KAED 960,000 · Feb 2024February 2024 | ||
| 1612 | Studio | 455 sqft | AED 873KAED 872,611 · Sep 2022September 2022 | ||
| 1613 | 1-bed | 648 sqft | AED 1.55MAED 1,550,000 · Jan 2024January 2024 | 110,000 /yr | |
| 1614 | 1-bed | 879 sqft | AED 1.42MAED 1,423,347 · Jun 2022June 2022 |
1603, Ahad Residences in numbers
- Sold once: by Ahad Real Estate Development on 23 May 2022 for AED 1,088,000, or AED 1,585 per sqft.
- Rented since March 2024 on 3 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 12,300 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 1 May 2025.
Questions about 1603, Ahad Residences
What did unit 1603 last sell for?
AED 1,088,000 on 23 May 2022, sold by the developer: AED 1,585 per sqft for 686 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 110,000 a year on the contract signed on 1 May 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since March 2024.
How big is unit 1603?
686 sqft (63.7 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2023.
What is unit 1603 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 1603, Ahad Residences
Starts from the last sale price (AED 1.09M, 23 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,088,000
- Deposit, UAE resident (20%)
- AED 217,600
- Deposit, non-resident (40%)
- AED 435,200
- Monthly over 25 years at 3.7%
- AED 4,451
Plus AED 50,706 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →