3-bed · 2,174 sqftBahar 2, Jumeirah Beach Residence · 5th floor · completed 2007

501, Bahar 2

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 3.4M13 June 2024
Current rentAED 115K /yr23 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Bahar 2

What is 501 worth today?

Last sold for AED 3,400,000 in 2024

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13 Jun 2024SoldReady
AED 3,400,000AED 1,563 per sqft
24 Jun 2022Sold by developerReady
AED 2,600,000AED 1,195 per sqft
23 May 2021RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
20 Jul 2020RentedNew contract
AED 110,769/yr13 months · AED 51 per sqft
4 Mar 2019RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
5 Jan 2013RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
3-bed apartment
Size
2,174 sqft
Floor
5th of 27
Parking
G-116, G117
Developer
Dubai Properties
Completed
2007
Service charge
AED 40,400 /yr
Last sold
AED 3.4M · June 2024
Building
Bahar 2

About 501, Bahar 2

501 is a three-bedroom apartment of 2,174 sqft on the 5th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 June 2024 for AED 3,400,000, or AED 1,563 per sqft, 6% above the AED 1,471 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 23 May 2021, is AED 115,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 40,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Bahar 2
2.5M3M3.5M20212022202320242025Typical sale price by year: 2021 AED 2,700,000; 2022 AED 2,600,000; 2023 AED 3,000,000; 2024 AED 3,400,000Sold by developer, June 2022: AED 2,600,000 (AED 1,195 per sqft)Sold, June 2024: AED 3,400,000 (AED 1,563 per sqft)

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

Rents
Unit 501, each contractTypical three-bed in Bahar 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 140,000; 2014 AED 140,000; 2015 AED 170,000; 2016 AED 162,500; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 131,087; 2020 AED 115,385; 2021 AED 115,000; 2022 AED 126,335; 2023 AED 159,000; 2024 AED 220,000; 2025 AED 219,699New contract, January 2013: AED 140,000 a yearRenewal, March 2019: AED 145,000 a yearNew contract, July 2020: AED 110,769 a yearNew contract, May 2021: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bahar 2, and where 501 sits

All 19 3-beds →

501 last sold in June 2024 at AED 1,563 per sqft, 6% above what three-beds in Bahar 2 were fetching at the time (AED 1,471).

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20253,600,000
25 Dec 20243,650,000
30 Sep 20243,300,000
10 Oct 20232,900,000
0 3-bed 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 →

Other units on the 5th floor

All 76 units in Bahar 2
Value
5021-bedAED 1.41M · Aug 2022
5033-bedAED 2.6M · Nov 2022
5041-bedAED 1.68M · Jan 2016

501, Bahar 2 in numbers

  • Sold twice: first on 24 June 2022 for AED 2,600,000, last on 13 June 2024 for AED 3,400,000 (AED 1,563 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 140,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 40,400 a year (AED 18.60 per sqft).

Source: Dubai Land Department. Updated 13 June 2024.

Questions about 501, Bahar 2

What did unit 501 last sell for?

AED 3,400,000 on 13 June 2024: AED 1,563 per sqft for 2,174 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in June 2022.

What is the rent for unit 501?

AED 115,000 a year on the contract signed on 23 May 2021. The previous contract, from July 2020, was AED 110,769; the unit has been rented since January 2013.

How big is unit 501?

2,174 sqft (202.0 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2007.

What is unit 501 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 501, Bahar 2

Starts from the last sale price (AED 3.4M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →