2-bed · 1,300 sqftBahar 1, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Bahar 1

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.9M19 December 2013
Current rentAED 80K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Bahar 1

What is 1502 worth today?

Last sold for AED 1,900,000 in 2013

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15 Aug 2022RentedRenewal
AED 80,405/yr10 months · AED 62 per sqft
15 Aug 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
15 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
1 Aug 2019RentedRenewal
AED 92,500/yr12 months · AED 71 per sqft
1 Aug 2018RentedNew contract
AED 96,000/yr12 months · AED 74 per sqft
1 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
19 Dec 2013SoldReady
AED 1,900,000AED 1,461 per sqft
15 Nov 2012RentedNew contract
AED 102,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
15th of 46
Parking
M56
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.9M · December 2013
Building
Bahar 1

About 1502, Bahar 1

1502 is a two-bedroom apartment of 1,300 sqft on the 15th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 19 December 2013 for AED 1,900,000, or AED 1,461 per sqft, 31% above the AED 1,112 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 80,405 a year: a gross yield of 4.2% on the 2013 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Bahar 1
1M2M2007201220172022Typical sale price by year: 2007 AED 820,000; 2008 AED 1,031,900; 2009 AED 860,000; 2010 AED 1,050,000; 2011 AED 1,161,500; 2012 AED 1,270,000; 2013 AED 1,490,000; 2014 AED 1,643,000; 2015 AED 1,715,000; 2016 AED 1,767,500; 2017 AED 1,680,000; 2018 AED 1,530,000; 2019 AED 1,200,000; 2020 AED 1,090,000; 2021 AED 1,300,000; 2022 AED 1,700,000; 2023 AED 1,850,000; 2024 AED 2,075,000; 2025 AED 2,000,000Sold by developer, December 2008: AED 735,000 (AED 565 per sqft)Sold, December 2013: AED 1,900,000 (AED 1,461 per sqft)

1502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Bahar 1
100K150K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 120,000; 2014 AED 126,500; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 77,000; 2022 AED 92,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 125,500; 2026 AED 140,000New contract, November 2012: AED 102,000 a yearNew contract, December 2017: AED 100,000 a yearNew contract, August 2018: AED 96,000 a yearRenewal, August 2019: AED 92,500 a yearNew contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 70,000 a yearRenewal, August 2022: AED 80,405 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 Bahar 1, and where 1502 sits

All 239 2-beds →

1502 last sold in December 2013 at AED 1,461 per sqft, 31% above what two-beds in Bahar 1 were fetching at the time (AED 1,112). Over the last 12 months two-beds sold for AED 2,000,000 to 2,300,000, around AED 1,749 per sqft, and rent for AED 104,015 to 300,000 a year. 1502's AED 80,405 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20262,300,000
22 Dec 20252,000,000
2 Jul 20251,900,000
4 Jun 20252,652,000
3 2-bed sales in the last 12 months

Bahar 1

Building

330 apartments, studios to 4-bed over 46 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,555
Typical sale
AED 2M
Typical rent
AED 125K /yr
Typical yield
6.5%
Bahar 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 15th floor

All 330 units in Bahar 1
Value
15012-bedAED 1.05M · Feb 2020
15031-bedAED 1.5M · Jan 2026
15041-bedAED 1.5M · Nov 2013
15051-bedAED 1.19M · Aug 2021
15061-bedAED 1.28M · May 2022
15072-bedAED 860K · Apr 2008
15082-bedAED 1.78M · Oct 2022

1502, Bahar 1 in numbers

  • Sold twice: first on 24 December 2008 for AED 735,000, last on 19 December 2013 for AED 1,900,000 (AED 1,461 per sqft).
  • Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 102,000 to AED 65,000 in 2020 and recovered to AED 80,405 by August 2022.
  • At AED 80,405 a year the gross yield on the 2013 price is 4.2%, before a service charge of about AED 21,300 a year (AED 16.36 per sqft).
  • Two-beds in Bahar 1 sold for AED 2,000,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.

Source: Dubai Land Department. Updated 15 August 2022.

Questions about 1502, Bahar 1

What did unit 1502 last sell for?

AED 1,900,000 on 19 December 2013: AED 1,461 per sqft for 1,300 sqft. The unit has 2 registered sales; the first was AED 735,000 in December 2008.

What is the rent for unit 1502?

AED 80,405 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 70,000; the unit has been rented since November 2012.

How big is unit 1502?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 15th floor of a 46-storey tower completed in 2007.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bahar 1 sold for AED 2,000,000 to 2,300,000 in the last 12 months, around AED 1,749 per sqft.

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Mortgage on 1502, Bahar 1

Starts from the last sale price (AED 1.9M, 19 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →