2-bed · 1,300 sqftBahar 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2308, Bahar 1

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 20 April 2021
Last soldAED 1.37M20 April 2021
Current rentAED 95K /yr6 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Bahar 1

What is 2308 worth today?

Last sold for AED 1,370,000 in 2021

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20 Apr 2021SoldReady
AED 1,370,000AED 1,053 per sqft
6 Apr 2020RentedRenewal
AED 95,299/yr10 months · AED 73 per sqft
6 Apr 2019RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
10 Jan 2017RentedRenewal
AED 125,337/yr12 months · AED 96 per sqft
10 Jan 2016RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
10 Jan 2015RentedRenewal
AED 130,000/yr12 months · AED 100 per sqft
1 May 2013SoldReady
AED 757,500AED 582 per sqft
28 Feb 2011Sold by developerReady
AED 1,455,000AED 1,118 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2021.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
23rd of 46
Parking
G177
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.37M · April 2021
Building
Bahar 1

About 2308, Bahar 1

2308 is a two-bedroom apartment of 1,300 sqft on the 23rd floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 April 2021 for AED 1,370,000, or AED 1,053 per sqft, 21% above the AED 872 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 6 April 2020, is AED 95,299 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, 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, February 2011: AED 1,455,000 (AED 1,118 per sqft)Sold, May 2013: AED 757,500 (AED 582 per sqft)Sold, April 2021: AED 1,370,000 (AED 1,053 per sqft)

2308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2308, 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 140,000Renewal, January 2015: AED 130,000 a yearNew contract, January 2016: AED 130,000 a yearRenewal, January 2017: AED 125,337 a yearNew contract, April 2019: AED 95,000 a yearRenewal, April 2020: AED 95,299 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 2308 sits

All 239 2-beds →

2308 last sold in April 2021 at AED 1,053 per sqft, 21% above what two-beds in Bahar 1 were fetching at the time (AED 872). 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. 2308's AED 95,299 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 23rd floor

All 330 units in Bahar 1
Value
23012-bedAED 1.26M · Feb 2012
23022-bedAED 1.05M · Oct 2020
23031-bedAED 680K · Nov 2007
23041-bedAED 680K · Nov 2007
23051-bedAED 1.38M · Mar 2023
23061-bedAED 680K · Nov 2008
23072-bedAED 650K · Nov 2023

2308, Bahar 1 in numbers

  • Sold 3 times: first on 28 February 2011 for AED 1,455,000, last on 20 April 2021 for AED 1,370,000 (AED 1,053 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, from AED 130,000 to AED 95,299 a year.
  • At AED 95,299 a year the gross yield on the 2021 price is 7.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 20 April 2021.

Questions about 2308, Bahar 1

What did unit 2308 last sell for?

AED 1,370,000 on 20 April 2021: AED 1,053 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 1,455,000 in February 2011.

What is the rent for unit 2308?

AED 95,299 a year on the contract renewed on 6 April 2020. The previous contract, from April 2019, was AED 95,000; the unit has been rented since January 2015.

How big is unit 2308?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 23rd floor of a 46-storey tower completed in 2007.

What is unit 2308 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 2308, Bahar 1

Starts from the last sale price (AED 1.37M, 20 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

Plus AED 62,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →