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2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 27th floor · completed 2007

2703, Bahar 1

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

Unit 2703 · DLD and Ejari recordsUpdated 14 August 2021
Last soldAED 1.5M29 May 2019
Current rentAED 80K /yr14 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2703, Bahar 1

What is 2703 worth today?

Last sold for AED 1,500,000 in 2019

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14 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
29 May 2019SoldReady
AED 1,500,000AED 1,091 per sqft
16 Feb 2009Sold by developerReady
AED 820,000AED 596 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 August 2021.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
27th of 46
Parking
G45
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 1.5M · May 2019
Building
Bahar 1

About 2703, Bahar 1

2703 is a two-bedroom apartment of 1,375 sqft on the 27th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 May 2019 for AED 1,500,000, or AED 1,091 per sqft, 6% above the AED 1,030 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 August 2021. The current contract, signed on 14 August 2021, is AED 80,000 a year: a gross yield of 5.3% on the 2019 price, before the service charge of about AED 22,500 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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 2009: AED 820,000 (AED 596 per sqft)Sold, May 2019: AED 1,500,000 (AED 1,091 per sqft)

2703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2703, 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, August 2021: AED 80,000 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 2703 sits

All 239 2-beds →

2703 last sold in May 2019 at AED 1,091 per sqft, 6% above what two-beds in Bahar 1 were fetching at the time (AED 1,030). 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. 2703's AED 80,000 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 27th floor

All 330 units in Bahar 1
Value
27012-bedAED 599K · Apr 2009
27022-bedAED 1.67M · Feb 2017
27042-bedAED 820K · Nov 2008
27052-bedAED 1.16M · May 2011
27062-bedAED 2.21M · Aug 2023
27072-bedAED 1.97M · Oct 2024
27082-bedAED 1.7M · Oct 2017

2703, Bahar 1 in numbers

  • Sold twice: first on 16 February 2009 for AED 820,000, last on 29 May 2019 for AED 1,500,000 (AED 1,091 per sqft).
  • Rented since August 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 5.3%, before a service charge of about AED 22,500 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 14 August 2021.

Questions about 2703, Bahar 1

What did unit 2703 last sell for?

AED 1,500,000 on 29 May 2019: AED 1,091 per sqft for 1,375 sqft. The unit has 2 registered sales; the first was AED 820,000 in February 2009.

What is the rent for unit 2703?

AED 80,000 a year on the contract signed on 14 August 2021.

How big is unit 2703?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 27th floor of a 46-storey tower completed in 2007.

What is unit 2703 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 2703, Bahar 1

Starts from the last sale price (AED 1.5M, 29 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →