1-bed · 907 sqftAhad Residences, Business Bay · 16th floor · completed 2023

1607, Ahad Residences

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 1.9M9 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Ahad Residences

What is 1607 worth today?

Last sold for AED 1,900,000 in 2024

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9 Jan 2024SoldOff-plan
AED 1,900,000AED 2,094 per sqft
12 Aug 2022Sold by developerOff-plan
AED 1,491,031AED 1,619 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2024.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
16th of 30
Parking
B3-92
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 16,300 /yr
Last sold
AED 1.9M · January 2024

About 1607, Ahad Residences

1607 is a one-bedroom apartment of 907 sqft on the 16th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. It last sold on 9 January 2024 for AED 1,900,000, or AED 2,094 per sqft, 16% above the AED 1,809 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, 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 1,491,031 (AED 1,619 per sqft)Sold, January 2024: AED 1,900,000 (AED 2,094 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Ahad Residences
120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000

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 1607 sits

All 221 1-beds →

1607 last sold in January 2024 at AED 2,094 per sqft, 16% above what one-beds in Ahad Residences were fetching at the time (AED 1,809). 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.

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 16th floor

All 346 units in Ahad Residences
Value
16011-bedAED 1.87M · May 2024
16021-bedAED 1.78M · Jan 2025
16031-bedAED 1.09M · May 2022
16041-bedAED 1.77M · Jun 2024
16051-bedAED 1.6M · Jul 2024
16061-bedAED 1.62M · Aug 2022
1608StudioAED 995K · Apr 2024
1–7 of 13

1607, Ahad Residences in numbers

  • Sold twice: first on 12 August 2022 for AED 1,491,031, last on 9 January 2024 for AED 1,900,000 (AED 2,094 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 9 January 2024.

Questions about 1607, Ahad Residences

What did unit 1607 last sell for?

AED 1,900,000 on 9 January 2024: AED 2,094 per sqft for 907 sqft. The unit has 2 registered sales; the first was AED 1,491,031 in August 2022.

How big is unit 1607?

907 sqft (84.3 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2023.

What is unit 1607 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 1607, Ahad Residences

Starts from the last sale price (AED 1.9M, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →