2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 34th floor · completed 2007

3403, Bahar 1

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3403 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 599K22 October 2008
Current rentAED 130K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3403, Bahar 1

What is 3403 worth today?

Last sold for AED 599,000 in 2008

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5 Sep 2024RentedRenewal
AED 130,000/yr12 months · AED 94 per sqft
5 Sep 2023RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
1 Oct 2021RentedNew contract
AED 75,000/yr14 months · AED 54 per sqft
12 Jul 2020RentedNew contract
AED 75,000/yr13 months · AED 55 per sqft
19 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 69 per sqft
19 Jul 2018RentedRenewal
AED 110,000/yr9 months · AED 80 per sqft
19 Mar 2017RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
30 Nov 2016RentedNew contract
AED 130,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
34th of 46
Parking
G9
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 599K · October 2008
Building
Bahar 1

About 3403, Bahar 1

3403 is a two-bedroom apartment of 1,375 sqft on the 34th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 22 October 2008 for AED 599,000, or AED 435 per sqft, 42% below the AED 750 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 130,000 a year: a gross yield of 21.7% on the 2008 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3403 over time

Sales
Unit 3403, 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, October 2008: AED 599,000 (AED 435 per sqft)

3403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3403, 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 2012: AED 95,000 a yearNew contract, November 2013: AED 130,000 a yearRenewal, November 2014: AED 65,000 a yearNew contract, November 2016: AED 130,000 a yearNew contract, March 2017: AED 125,000 a yearRenewal, July 2018: AED 110,000 a yearRenewal, April 2019: AED 95,000 a yearNew contract, July 2020: AED 75,000 a yearNew contract, October 2021: AED 75,000 a yearNew contract, September 2023: AED 130,000 a yearRenewal, September 2024: AED 130,000 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 3403 sits

All 239 2-beds →

3403 last sold in October 2008 at AED 435 per sqft, 42% below what two-beds in Bahar 1 were fetching at the time (AED 750). 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. 3403's AED 130,000 is in the lower half 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 34th floor

All 330 units in Bahar 1
Value
34012-bedAED 2.05M · Oct 2023
34022-bedAED 2.1M · Jun 2024
34042-bedAED 599K · May 2008
34052-bedAED 2.1M · Mar 2023
34062-bedAED 2.18M · Dec 2023
34072-bedAED 599K · Apr 2010
34082-bedAED 1.55M · Jul 2022

3403, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 22 October 2008 for AED 599,000, or AED 435 per sqft.
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2014 and recovered to AED 130,000 by September 2024.
  • At AED 130,000 a year the gross yield on the 2008 price is 21.7%, 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 5 September 2024.

Questions about 3403, Bahar 1

What did unit 3403 last sell for?

AED 599,000 on 22 October 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 3403?

AED 130,000 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 130,000; the unit has been rented since October 2012.

How big is unit 3403?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 34th floor of a 46-storey tower completed in 2007.

What is unit 3403 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 3403, Bahar 1

Starts from the last sale price (AED 599K, 22 October 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 →