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2-bed · 1,418 sqftThe Onyx Tower 2, The Greens · 17th floor · completed 2015

1705, The Onyx Tower 2

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 2.1M7 February 2023
Current rentAED 110K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1705, The Onyx Tower 2

What is 1705 worth today?

Last sold for AED 2,100,000 in 2023

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7 Feb 2023SoldReady
AED 2,100,000AED 1,480 per sqft
1 Jul 2022RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Jul 2021RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
1 Jan 2021RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
1 Dec 2019RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
9 Feb 2017SoldOff-plan
AED 2,200,000AED 1,551 per sqft
8 Jun 2015Sold by developerOff-plan
AED 1,702,104AED 1,200 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
17th of 24
Parking
B2-514
Developer
The Onyx for Development
Completed
2015
Last sold
AED 2.1M · February 2023
Building
The Onyx Tower 2

About 1705, The Onyx Tower 2

1705 is a two-bedroom apartment of 1,418 sqft on the 17th floor of The Onyx Tower 2, a 24-storey tower in The Greens completed in 2015 by The Onyx for Development. It last sold on 7 February 2023 for AED 2,100,000, or AED 1,480 per sqft, 35% above the AED 1,099 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 110,000 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for 1705 over time

Sales
Unit 1705, each saleTypical two-bed in The Onyx Tower 2
2M3M2015201820212024Typical sale price by year: 2015 AED 2,439,070; 2016 AED 2,269,472; 2017 AED 2,499,476; 2018 AED 2,250,000; 2019 AED 2,110,000; 2021 AED 1,790,000; 2022 AED 1,856,420; 2023 AED 2,430,000; 2024 AED 2,900,000Sold by developer, June 2015: AED 1,702,104 (AED 1,200 per sqft)Sold, February 2017: AED 2,200,000 (AED 1,551 per sqft)Sold, February 2023: AED 2,100,000 (AED 1,480 per sqft)

1705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in The Onyx Tower 2
100K150K200K2017202020232026Typical rent by year: 2017 AED 160,000; 2018 AED 155,000; 2019 AED 145,000; 2020 AED 128,000; 2021 AED 115,193; 2022 AED 135,000; 2023 AED 150,000; 2024 AED 175,000; 2025 AED 185,000; 2026 AED 200,000New contract, December 2019: AED 125,000 a yearNew contract, January 2021: AED 105,000 a yearNew contract, July 2021: AED 110,000 a yearRenewal, July 2022: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Onyx Tower 2, and where 1705 sits

All 77 2-beds →

1705 last sold in February 2023 at AED 1,480 per sqft, 35% above what two-beds in The Onyx Tower 2 were fetching at the time (AED 1,099). 1705's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Mar 20252,700,000
14 Nov 20242,900,000
29 Oct 20242,970,000
27 Aug 20243,000,000
0 2-bed sales in the last 12 months

The Onyx Tower 2

Building

167 apartments, 1-bed to 3-bed over 24 floors in The Greens, completed in 2015 by The Onyx for Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 184K /yr
Typical yield
The Onyx Tower 2, The Greens: prices, sales and rents →

Other units on the 17th floor

All 167 units in The Onyx Tower 2
Value
17011-bedAED 1.92M · May 2024
17021-bedAED 1.64M · Nov 2017
17031-bedAED 2.5M · Jul 2025
17041-bedAED 1.35M · May 2018
17062-bedAED 2.5M · Feb 2017
17071-bedAED 1.73M · May 2015
17082-bedAED 1.83M · Jun 2021
1–7 of 12

1705, The Onyx Tower 2 in numbers

  • Sold 3 times: first on 8 June 2015 for AED 1,702,104, last on 7 February 2023 for AED 2,100,000 (AED 1,480 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 125,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.2%.

Source: Dubai Land Department. Updated 7 February 2023.

Questions about 1705, The Onyx Tower 2

What did unit 1705 last sell for?

AED 2,100,000 on 7 February 2023: AED 1,480 per sqft for 1,418 sqft. The unit has 3 registered sales; the first was AED 1,702,104 in June 2015.

What is the rent for unit 1705?

AED 110,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 110,000; the unit has been rented since December 2019.

How big is unit 1705?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 17th floor of a 24-storey tower completed in 2015.

What is unit 1705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1705, The Onyx Tower 2

Starts from the last sale price (AED 2.1M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →