Al Fahad 2
2 BR · Apartment
About the building
24-storey residential building in Barsha Heights, completed in 2016. Developer — Al Fahad Holding. Architect — Organic Engineering Consultancy.
Where it is
Barsha Heights / TECOM
Barsha Heights, still known as TECOM: apartment towers between Media City and Al Barsha, with a metro station and a lot of tenants.
- walk to Media City
- strong yields with metro access
- professional tenants
What to check: Many towers here mix residential and commercial units, which puts real pressure on parking and lifts. Confirm the building’s use mix and your parking allocation before assuming the yield holds.
Full district guide →Questions and answers about lot NP9-108659
How much is this 2-bedroom apartment in Al Fahad 2?
Lot NP9-108659 is priced at AED 1 350 000, about $368 000. The listing does not state a size, so no price per square foot is given.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price.
What are prices like in Barsha Heights / TECOM?
The database holds 11 lots in Barsha Heights / TECOM, starting from AED 1 350 000. The area median is AED 2 434 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Barsha Heights / TECOM area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2016 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 270 000; a loan of AED 1 080 000 over 25 years at 3.75–4.99% a year comes to roughly AED 5 600–6 300 a month. A non-resident puts down from 40% (AED 540 000) and pays about AED 4 200–4 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 54 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price the lot clears the classic threshold for the two-year residence visa, AED 750 000. It is AED 650 000 short of the 10-year Golden Visa, granted from AED 2 000 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Al Fahad 2?
The building has 24 floors. Completion year: 2016. Figures are from the project passport: Propsearch and the Dubai Land Department.
Al Fahad 2 project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108659 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Nearby in Barsha Heights / TECOM
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