3-bed · 2,172 sqftBahar 2, Jumeirah Beach Residence · 5th floor · completed 2007

503, Bahar 2

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 14 November 2022
Last soldAED 2.6M14 November 2022
Current rentAED 120K /yr26 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Bahar 2

What is 503 worth today?

Last sold for AED 2,600,000 in 2022

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14 Nov 2022Sold by developerReady
AED 2,600,000AED 1,197 per sqft
26 Oct 2021RentedRenewal
AED 120,139/yr11 months · AED 55 per sqft
26 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
26 Oct 2019RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
26 Oct 2018RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
20 Aug 2016RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
1 May 2012RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 14 November 2022.

Key facts

Type
3-bed apartment
Size
2,172 sqft
Floor
5th of 27
Parking
M-113, M-114
Developer
Dubai Properties
Completed
2007
Service charge
AED 40,400 /yr
Last sold
AED 2.6M · November 2022
Building
Bahar 2

About 503, Bahar 2

503 is a three-bedroom apartment of 2,172 sqft on the 5th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 14 November 2022 for AED 2,600,000, or AED 1,197 per sqft, in line with the AED 1,202 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 26 October 2021, is AED 120,139 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 40,400 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, November 2022: AED 2,600,000 (AED 1,197 per sqft)

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

Rents
Unit 503, 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, May 2012: AED 140,000 a yearNew contract, August 2016: AED 165,000 a yearRenewal, October 2018: AED 155,000 a yearRenewal, October 2019: AED 145,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,139 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 503 sits

All 19 3-beds →

503 last sold in November 2022 at AED 1,197 per sqft, in line with what three-beds in Bahar 2 were fetching at the time (AED 1,202).

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20253,600,000
25 Dec 20243,650,000
30 Sep 20243,300,000
13 Jun 20243,400,000
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
5013-bedAED 3.4M · Jun 2024
5021-bedAED 1.41M · Aug 2022
5041-bedAED 1.68M · Jan 2016

503, Bahar 2 in numbers

  • Sold once: by Dubai Properties on 14 November 2022 for AED 2,600,000, or AED 1,197 per sqft.
  • Rented since May 2012 on 6 Ejari contracts, from AED 140,000 to AED 120,139 a year.
  • At AED 120,139 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 40,400 a year (AED 18.60 per sqft).

Source: Dubai Land Department. Updated 14 November 2022.

Questions about 503, Bahar 2

What did unit 503 last sell for?

AED 2,600,000 on 14 November 2022, sold by the developer: AED 1,197 per sqft for 2,172 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 120,139 a year on the contract renewed on 26 October 2021. The previous contract, from October 2020, was AED 120,000; the unit has been rented since May 2012.

How big is unit 503?

2,172 sqft (201.8 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2007.

What is unit 503 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 503, Bahar 2

Starts from the last sale price (AED 2.6M, 14 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →