Penthouse · 6,300 sqftBahar 2, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Bahar 2

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 9.5M14 October 2024
Current rentAED 260K /yr5 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Bahar 2

What is 2702 worth today?

Last sold for AED 9,500,000 in 2024

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14 Oct 2024Sold by developerReady
AED 9,500,000AED 1,507 per sqft
5 Jun 2021RentedNew contract
AED 260,000/yr12 months · AED 41 per sqft
9 Dec 2020RentedNew contract
AED 250,000/yr12 months · AED 40 per sqft
1 Jul 2019RentedNew contract
AED 280,000/yr12 months · AED 44 per sqft
7 Apr 2012RentedNew contract
AED 350,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
Penthouse apartment
Size
6,300 sqft
Floor
27th of 27
Parking
G-137, G-138 , M-141, M-142
Developer
Dubai Properties
Completed
2007
Service charge
AED 117,200 /yr
Last sold
AED 9.5M · October 2024
Building
Bahar 2

About 2702, Bahar 2

2702 is a penthouse of 6,300 sqft on the 27th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 14 October 2024 for AED 9,500,000, or AED 1,507 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 5 June 2021, is AED 260,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 117,200 a year.

Penthouses in Bahar 2, and where 2702 sits

All 4 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
15 Jan 20244,985,000
23 Nov 20226,700,000
17 Jun 20221,342,500
5 Dec 20212,736,000
0 penthouse sales in the last 12 months

Bahar 2

Building

76 apartments, 1-bed to 4-bed over 27 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 1,527
Typical sale
AED 2.34M
Typical rent
AED 140K /yr
Typical yield
6.0%
Bahar 2, Jumeirah Beach Residence: prices, sales and rents →

2702, Bahar 2 in numbers

  • Sold once: by Dubai Properties on 14 October 2024 for AED 9,500,000, or AED 1,507 per sqft.
  • Rented since April 2012 on 4 Ejari contracts, from AED 350,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 117,200 a year (AED 18.60 per sqft).

Source: Dubai Land Department. Updated 14 October 2024.

Questions about 2702, Bahar 2

What did unit 2702 last sell for?

AED 9,500,000 on 14 October 2024, sold by the developer: AED 1,507 per sqft for 6,300 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 260,000 a year on the contract signed on 5 June 2021. The previous contract, from December 2020, was AED 250,000; the unit has been rented since April 2012.

How big is unit 2702?

6,300 sqft (585.3 sqm): a penthouse on the 27th floor of a 27-storey tower completed in 2007.

What is unit 2702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2702, Bahar 2

Starts from the last sale price (AED 9.5M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,500,000
Deposit, UAE resident (20%)
AED 1,900,000
Deposit, non-resident (40%)
AED 3,800,000
Monthly over 25 years at 3.7%
AED 38,867

Plus AED 404,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →