1-bed · 982 sqftBahwan Tower, Downtown Dubai · 10th floor · completed 2018

1005, Bahwan Tower

Sold prices and rental history: sold once, by the developer in May 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 24 May 2021
Last soldAED 1.02M24 May 2021
Current rentAED 85K /yr15 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Bahwan Tower

What is 1005 worth today?

Last sold for AED 1,020,000 in 2021

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24 May 2021Sold by developerReady
AED 1,020,000AED 1,039 per sqft
15 Jun 2020RentedRenewal
AED 85,002/yr10 months · AED 87 per sqft
15 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 24 May 2021.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
10th of 16
Parking
P3-41
Developer
Utmost Properties
Completed
2018
Service charge
AED 20,400 /yr
Last sold
AED 1.02M · May 2021
Building
Bahwan Tower

About 1005, Bahwan Tower

1005 is a one-bedroom apartment of 982 sqft on the 10th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 24 May 2021 for AED 1,020,000, or AED 1,039 per sqft, 3% below the AED 1,075 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 June 2020, is AED 85,002 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 20,400 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Bahwan Tower
1M1.25M1.5M20162018202020222024Typical sale price by year: 2016 AED 1,362,500; 2017 AED 1,540,000; 2018 AED 1,515,000; 2021 AED 1,058,000; 2022 AED 1,021,280; 2023 AED 1,400,000Sold by developer, May 2021: AED 1,020,000 (AED 1,039 per sqft)

1005 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in Bahwan Tower
60K80K100K2018202120242027Typical rent by year: 2018 AED 83,750; 2019 AED 85,000; 2020 AED 80,000; 2021 AED 65,000; 2022 AED 76,650; 2023 AED 90,000; 2024 AED 100,270; 2025 AED 105,000; 2026 AED 107,500New contract, June 2019: AED 85,000 a yearRenewal, June 2020: AED 85,002 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 Bahwan Tower, and where 1005 sits

All 41 1-beds →

1005 last sold in May 2021 at AED 1,039 per sqft, 3% below what one-beds in Bahwan Tower were fetching at the time (AED 1,075). Over the last 12 months one-beds sold for AED 1,650,000, around AED 1,544 per sqft, and rent for AED 92,000 to 120,000 a year. 1005's AED 85,002 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20261,650,000
1 May 20251,650,000
6 Jan 20251,850,000
28 Oct 20241,600,000
1 1-bed sale in the last 12 months

Bahwan Tower

Building

132 apartments, 1-bed to 3-bed over 16 floors in Downtown Dubai, completed in 2018 by Utmost Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,610
Typical sale
AED 2.6M
Typical rent
AED 136K /yr
Typical yield
6.0%
Bahwan Tower, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 132 units in Bahwan Tower
Value
10013-bedAED 2.95M · Mar 2017
10022-bedAED 2.9M · Jan 2024
10031-bedAED 1.63M · Dec 2017
10041-bedAED 1.5M · Mar 2018
10062-bedAED 1.59M · Oct 2021
10073-bedAED 2.12M · Aug 2021
10082-bedAED 2.3M · Jan 2018
1–7 of 8

1005, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 24 May 2021 for AED 1,020,000, or AED 1,039 per sqft.
  • Rented since June 2019 on 2 Ejari contracts, from AED 85,000 to AED 85,002 a year.
  • At AED 85,002 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 20,400 a year (AED 20.78 per sqft).
  • One-beds in Bahwan Tower sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,610 per sqft.

Source: Dubai Land Department. Updated 24 May 2021.

Questions about 1005, Bahwan Tower

What did unit 1005 last sell for?

AED 1,020,000 on 24 May 2021, sold by the developer: AED 1,039 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 85,002 a year on the contract renewed on 15 June 2020. The previous contract, from June 2019, was AED 85,000.

How big is unit 1005?

982 sqft (91.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2018.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bahwan Tower sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,544 per sqft.

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Mortgage on 1005, Bahwan Tower

Starts from the last sale price (AED 1.02M, 24 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →