2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 33rd floor · completed 2007

3304, Bahar 1

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 599K24 February 2008
Current rentAED 95K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3304, Bahar 1

What is 3304 worth today?

Last sold for AED 599,000 in 2008

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15 Oct 2023RentedRenewal
AED 95,031/yr5 months · AED 69 per sqft
15 Oct 2022RentedRenewal
AED 94,875/yr12 months · AED 69 per sqft
15 Oct 2021RentedRenewal
AED 86,250/yr12 months · AED 63 per sqft
15 Oct 2020RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
4 Oct 2019RentedNew contract
AED 87,000/yr12 months · AED 63 per sqft
4 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
1 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 80 per sqft
1 Oct 2016RentedRenewal
AED 121,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
33rd of 46
Parking
M9
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 599K · February 2008
Building
Bahar 1

About 3304, Bahar 1

3304 is a two-bedroom apartment of 1,375 sqft on the 33rd floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 February 2008 for AED 599,000, or AED 435 per sqft, 31% below the AED 633 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 95,031 a year: a gross yield of 15.9% on the 2008 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3304 over time

Sales
Unit 3304, 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 2008: AED 599,000 (AED 435 per sqft)

3304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3304, 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, October 2013: AED 110,000 a yearRenewal, October 2015: AED 121,000 a yearRenewal, October 2016: AED 121,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, October 2018: AED 90,000 a yearNew contract, October 2019: AED 87,000 a yearNew contract, October 2020: AED 75,000 a yearRenewal, October 2021: AED 86,250 a yearRenewal, October 2022: AED 94,875 a yearRenewal, October 2023: AED 95,031 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 3304 sits

All 239 2-beds →

3304 last sold in February 2008 at AED 435 per sqft, 31% below what two-beds in Bahar 1 were fetching at the time (AED 633). 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. 3304's AED 95,031 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 33rd floor

All 330 units in Bahar 1
Value
33012-bedAED 1.53M · May 2018
33022-bedAED 1.01M · Feb 2022
33032-bedAED 2M · Apr 2023
33052-bedAED 1.8M · Jan 2023
33062-bedAED 1.6M · Mar 2022
33072-bedAED 2.2M · Jul 2024
33082-bedAED 2.05M · Feb 2024

3304, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 24 February 2008 for AED 599,000, or AED 435 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 95,031 by October 2023.
  • At AED 95,031 a year the gross yield on the 2008 price is 15.9%, 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 15 October 2023.

Questions about 3304, Bahar 1

What did unit 3304 last sell for?

AED 599,000 on 24 February 2008, sold by the developer: AED 435 per sqft for 1,375 sqft. It is the only registered sale of the unit.

What is the rent for unit 3304?

AED 95,031 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 94,875; the unit has been rented since October 2013.

How big is unit 3304?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 33rd floor of a 46-storey tower completed in 2007.

What is unit 3304 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 3304, Bahar 1

Starts from the last sale price (AED 599K, 24 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →