PropertyIndex

Fahad 2

Completed · Q1 2016|235 units · 1 tower · 1 villa

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Fahad 2 is a completed mixed residential development by ALFAHAD HOLDING REAL ESTATES INVIESTMENTS - PSC - DUBAI BRANCH in Barsha Heights, Al Thanyah First, comprising 235 registered units. 353 sales are registered with the Dubai Land Department, at a current PIX© price of AED 951 per sqft. At AED 951 per sqft, Fahad 2 prices 53% below the Barsha Heights average of AED 2,038 per sqft on registered sales.

PIX© price · 16.5% YoY
1.33MAED
Typical
951AED
PSF
Gross yield
9.7%
PIX© rent ÷ PIX© price
Sale records
353
DLD · all time
Rent contracts
1,162
Ejari · all time
Fahad 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,051 – 2,890 sqft
2351.33M95116.5%128K9.7%
1 Bed · Apartment
1,051 – 1,052 sqft
46
2 Bed · Apartment
1,174 – 1,714 sqft
146
3 Bed · Apartment
2,190 – 2,890 sqft
42
Villa (Bedrooms Unknown)
1,490 sqft
1
Sales — Project-Wide353 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Aug 20262 BedFloor 221,3441,300,000967-21.9%StandardStandard Sale
10 Aug 20262 BedFloor 31,1851,100,000928-6.4%StandardStandard Sale
14 Apr 20261 BedFloor 231,052900,000856-18.5%StandardStandard Sale
Rentals — Project-Wide1,162 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 236 rentals
Floors 2-14 · 120 rentals
Floors 15-16 · 30 rentals
Floors 17-24 · 86 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
25 Oct 20262 Bed1,185145,000122Premiumrenewal
15 Aug 20261 BedFloor 141,05190,00086-28.0%Standardnew
7 Aug 20262 BedFloor 31,185135,000114+35.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Barsha Heights

The closest-priced registered projects in Barsha Heights.

Common questions about Fahad 2

Answered from Dubai Land Department registered transactions.

How much does a property in Fahad 2 cost?

Property in Fahad 2 sells at a current PIX© price of AED 951 per sqft, or about AED 1,330,248 for a typical unit, based on 353 sales registered with the Dubai Land Department.

Is Fahad 2 completed?

Yes. Fahad 2 is recorded as completed in the Dubai Land Department project register (completed q1 2016).

Who is the developer of Fahad 2?

Fahad 2 is developed by ALFAHAD HOLDING REAL ESTATES INVIESTMENTS - PSC - DUBAI BRANCH, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Fahad 2?

Fahad 2 yields 9.7% gross, calculated from current PIX© rent against current PIX© sale price, across 1,162 registered Ejari contracts.

How many units are in Fahad 2?

Fahad 2 holds 235 registered units, per the Dubai Land Department unit register.

Have prices in Fahad 2 gone up or down?

Price per sqft has risen +16.5% over the last 12 months, to AED 951, across 353 registered sales.