2-bed · 1,156 sqftBahar 1, Jumeirah Beach Residence · 4th floor · completed 2007

408, Bahar 1

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

Unit 408 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 780K17 September 2012
Current rentAED 130K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Bahar 1

What is 408 worth today?

Last sold for AED 780,000 in 2012

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1 Oct 2024RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft
10 Dec 2022RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
5 Oct 2021RentedRenewal
AED 60,000/yr12 months · AED 52 per sqft
5 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
20 Mar 2020RentedRenewal
AED 95,000/yr6 months · AED 82 per sqft
20 Mar 2019RentedRenewal
AED 95,000/yr12 months · AED 82 per sqft
13 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
25 Dec 2015RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
4th of 46
Parking
G168
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,900 /yr
Last sold
AED 780K · September 2012
Building
Bahar 1

About 408, Bahar 1

408 is a two-bedroom apartment of 1,156 sqft on the 4th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 September 2012 for AED 780,000, or AED 675 per sqft, 28% below the AED 934 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 October 2024, is AED 130,000 a year: a gross yield of 16.7% on the 2012 price, before the service charge of about AED 18,900 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, September 2012: AED 780,000 (AED 675 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Bahar 1
50K100K150K20112015201920232027Typical 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 120,000 a yearNew contract, December 2015: AED 130,000 a yearNew contract, January 2017: AED 110,000 a yearRenewal, March 2019: AED 95,000 a yearRenewal, March 2020: AED 95,000 a yearNew contract, October 2020: AED 60,000 a yearRenewal, October 2021: AED 60,000 a yearNew contract, December 2022: AED 115,000 a yearNew contract, October 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 408 sits

All 239 2-beds →

408 last sold in September 2012 at AED 675 per sqft, 28% below what two-beds in Bahar 1 were fetching at the time (AED 934). 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. 408'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 4th floor

All 330 units in Bahar 1
Value
4012-bedAED 1.36M · Nov 2007
4022-bedAED 1.5M · Nov 2007
4031-bedAED 475K · Jun 2016
4041-bedAED 1.65M · Jan 2026
4051-bedAED 1M · Dec 2011
4061-bedAED 1.1M · Jul 2021
4072-bedAED 1.4M · Apr 2010

408, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 17 September 2012 for AED 780,000, or AED 675 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2021 and recovered to AED 130,000 by October 2024.
  • At AED 130,000 a year the gross yield on the 2012 price is 16.7%, before a service charge of about AED 18,900 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 1 October 2024.

Questions about 408, Bahar 1

What did unit 408 last sell for?

AED 780,000 on 17 September 2012, sold by the developer: AED 675 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 130,000 a year on the contract signed on 1 October 2024. The previous contract, from December 2022, was AED 115,000; the unit has been rented since October 2013.

How big is unit 408?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 4th floor of a 46-storey tower completed in 2007.

What is unit 408 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 408, Bahar 1

Starts from the last sale price (AED 780K, 17 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →