3-bed · 2,037 sqftBahwan Tower, Downtown Dubai · 15th floor · completed 2018

1507, Bahwan Tower

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

Unit 1507 · DLD and Ejari recordsUpdated 2 September 2021
Last soldAED 2.1M2 September 2021
Current rentAED 150K /yr28 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Bahwan Tower

What is 1507 worth today?

Last sold for AED 2,100,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2021Sold by developerReady
AED 2,100,000AED 1,030 per sqft
28 May 2021RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft
28 May 2020RentedRenewal
AED 150,000/yr12 months · AED 74 per sqft
28 May 2019RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 2 September 2021.

Key facts

Type
3-bed apartment
Size
2,037 sqft
Floor
15th of 16
Parking
P1-09,P1-10
Developer
Utmost Properties
Completed
2018
Service charge
AED 42,300 /yr
Last sold
AED 2.1M · September 2021
Building
Bahwan Tower

About 1507, Bahwan Tower

1507 is a three-bedroom apartment of 2,037 sqft on the 15th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 2 September 2021 for AED 2,100,000, or AED 1,030 per sqft, in line with the AED 1,054 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 28 May 2021, is AED 150,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 42,300 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical three-bed in Bahwan Tower
2M2.5M3M2016201820202022Typical sale price by year: 2016 AED 2,975,000; 2017 AED 3,000,000; 2021 AED 2,149,110Sold by developer, September 2021: AED 2,100,000 (AED 1,030 per sqft)

1507 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1507, each contractTypical three-bed in Bahwan Tower
150K200K2019202120232025Typical rent by year: 2019 AED 145,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 151,800; 2023 AED 164,450; 2024 AED 220,000; 2025 AED 230,625New contract, May 2019: AED 150,000 a yearRenewal, May 2020: AED 150,000 a yearRenewal, May 2021: AED 150,000 a year

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

3-beds in Bahwan Tower, and where 1507 sits

All 27 3-beds →

1507 last sold in September 2021 at AED 1,030 per sqft, in line with what three-beds in Bahwan Tower were fetching at the time (AED 1,054). 1507's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Jun 20254,100,000
30 Jan 20254,100,000
26 May 20222,600,000
11 Apr 20222,780,000
0 3-bed sales 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 15th floor

All 132 units in Bahwan Tower
Value
15013-bedAED 2.98M · Dec 2016
15022-bedAED 2.28M · Aug 2023
15031-bedAED 1.27M · Dec 2019
15041-bedAED 1.07M · Oct 2021
15051-bedAED 992K · Jul 2021
15062-bedAED 1.62M · Jun 2021
15082-bedAED 1.55M · Jul 2021
1–7 of 8

1507, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 2 September 2021 for AED 2,100,000, or AED 1,030 per sqft.
  • Rented since May 2019 on 3 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 42,300 a year (AED 20.78 per sqft).

Source: Dubai Land Department. Updated 2 September 2021.

Questions about 1507, Bahwan Tower

What did unit 1507 last sell for?

AED 2,100,000 on 2 September 2021, sold by the developer: AED 1,030 per sqft for 2,037 sqft. It is the only registered sale of the unit.

What is the rent for unit 1507?

AED 150,000 a year on the contract renewed on 28 May 2021. The previous contract, from May 2020, was AED 150,000; the unit has been rented since May 2019.

How big is unit 1507?

2,037 sqft (189.2 sqm): a three-bedroom apartment on the 15th floor of a 16-storey tower completed in 2018.

What is unit 1507 worth today?

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

Selling 1507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1507, Bahwan Tower

Starts from the last sale price (AED 2.1M, 2 September 2021). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →