1-bed · 861 sqftAhad Residences, Business Bay · 3rd floor · completed 2023

311, Ahad Residences

Sold prices and rental history: sold twice, last in April 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.5M2 April 2024
Current rentAED 120K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Ahad Residences

What is 311 worth today?

Last sold for AED 1,500,000 in 2024

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1 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
2 Apr 2024SoldReady
AED 1,500,000AED 1,742 per sqft
8 Sep 2022Sold by developerOff-plan
AED 1,437,120AED 1,634 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
861 sqft
Floor
3rd of 30
Parking
B5-86
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 15,500 /yr
Last sold
AED 1.5M · April 2024

About 311, Ahad Residences

311 is a one-bedroom apartment of 861 sqft on the 3rd floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. It last sold on 2 April 2024 for AED 1,500,000, or AED 1,742 per sqft, 15% below the AED 2,051 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 120,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, September 2022: AED 1,437,120 (AED 1,634 per sqft)Sold, April 2024: AED 1,500,000 (AED 1,742 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in Ahad Residences
120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, August 2024: AED 120,000 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 311 sits

All 221 1-beds →

311 last sold in April 2024 at AED 1,742 per sqft, 15% below what one-beds in Ahad Residences were fetching at the time (AED 2,051). 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. 311's AED 120,000 is in the lower 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 3rd floor

All 346 units in Ahad Residences
Value
3011-bedAED 2.05M · May 2025
3021-bedAED 1.57M · Feb 2024
3031-bedAED 1.01M · Jul 2022
3041-bedAED 1.14M · May 2022
3051-bedAED 1.01M · Jun 2022
3061-bedAED 1.65M · Mar 2024
3073-bedAED 3.12M · Oct 2022
1–7 of 10

311, Ahad Residences in numbers

  • Sold twice: first on 8 September 2022 for AED 1,437,120, last on 2 April 2024 for AED 1,500,000 (AED 1,742 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 15,500 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 August 2024.

Questions about 311, Ahad Residences

What did unit 311 last sell for?

AED 1,500,000 on 2 April 2024: AED 1,742 per sqft for 861 sqft. The unit has 2 registered sales; the first was AED 1,437,120 in September 2022.

What is the rent for unit 311?

AED 120,000 a year on the contract signed on 1 August 2024.

How big is unit 311?

861 sqft (80.0 sqm): a one-bedroom apartment on the 3rd floor of a 30-storey tower completed in 2023.

What is unit 311 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 311, Ahad Residences

Starts from the last sale price (AED 1.5M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →