1-bed · 777 sqftAhad Residences, Business Bay · 8th floor · completed 2023

804, Ahad Residences

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.32M25 August 2022
Current rentAED 100K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Ahad Residences

What is 804 worth today?

Last sold for AED 1,320,247 in 2022

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1 Apr 2024RentedNew contract
AED 100,000/yr12 months · AED 128 per sqft
25 Aug 2022Sold by developerOff-plan
AED 1,320,247AED 1,699 per sqft

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

Key facts

Type
1-bed apartment
Size
777 sqft
Floor
8th of 30
Parking
1
Developer
Ahad Real Estate Development
Completed
2023
Service charge
AED 14,000 /yr
Last sold
AED 1.32M · August 2022

About 804, Ahad Residences

804 is a one-bedroom apartment of 777 sqft on the 8th floor of Ahad Residences, a 30-storey tower in Business Bay completed in 2023 by Ahad Real Estate Development. The developer sold it on 25 August 2022 for AED 1,320,247, or AED 1,699 per sqft, in line with the AED 1,654 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2024. The current contract, signed on 1 April 2024, is AED 100,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 14,000 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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 1,320,247 (AED 1,699 per sqft)

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

Rents
Unit 804, each contractTypical one-bed in Ahad Residences
100K110K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, April 2024: AED 100,000 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 804 sits

All 221 1-beds →

804 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 1,654). 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. 804's AED 100,000 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 8th floor

All 346 units in Ahad Residences
Value
8011-bedAED 1.54M · Aug 2022
8021-bedAED 1.5M · Jul 2022
8031-bedAED 1.4M · Mar 2024
8051-bedAED 1.21M · Aug 2022
8061-bedAED 1.55M · Aug 2022
8071-bedAED 1.55M · Aug 2022
808StudioAED 854K · Aug 2022
1–7 of 13

804, Ahad Residences in numbers

  • Sold once: by Ahad Real Estate Development on 25 August 2022 for AED 1,320,247, or AED 1,699 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 14,000 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 April 2024.

Questions about 804, Ahad Residences

What did unit 804 last sell for?

AED 1,320,247 on 25 August 2022, sold by the developer: AED 1,699 per sqft for 777 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 100,000 a year on the contract signed on 1 April 2024.

How big is unit 804?

777 sqft (72.2 sqm): a one-bedroom apartment on the 8th floor of a 30-storey tower completed in 2023.

What is unit 804 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 804, Ahad Residences

Starts from the last sale price (AED 1.32M, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,247
Deposit, UAE resident (20%)
AED 264,049
Deposit, non-resident (40%)
AED 528,099
Monthly over 25 years at 3.7%
AED 5,402

Plus AED 60,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →