1-bed · 1,529 sqftBahar 2, Jumeirah Beach Residence · 5th floor · completed 2007

504, Bahar 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.68M5 January 2016
Current rentAED 95K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Bahar 2

What is 504 worth today?

Last sold for AED 1,684,800 in 2016

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31 May 2024RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
7 Mar 2023RentedRenewal
AED 92,000/yr12 months · AED 60 per sqft
7 Mar 2022RentedNew contract
AED 92,000/yr12 months · AED 60 per sqft
23 Jan 2021RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
23 Jan 2020RentedNew contract
AED 87,000/yr12 months · AED 57 per sqft
8 Jul 2018RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
5 Jan 2016Sold by developerReady
AED 1,684,800AED 1,101 per sqft
1 Mar 2013RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
1,529 sqft
Floor
5th of 27
Parking
M-117
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 1.68M · January 2016
Building
Bahar 2

About 504, Bahar 2

504 is a one-bedroom apartment of 1,529 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 5 January 2016 for AED 1,684,800, or AED 1,101 per sqft, in line with the AED 1,073 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 31 May 2024, is AED 95,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 28,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Bahar 2
1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,641,600; 2016 AED 1,684,800; 2022 AED 1,485,000; 2023 AED 1,600,000; 2024 AED 2,050,000Sold by developer, January 2016: AED 1,684,800 (AED 1,101 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Bahar 2
75K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 85,000; 2014 AED 91,500; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 98,000; 2019 AED 80,000; 2020 AED 70,000; 2021 AED 63,500; 2022 AED 85,000; 2023 AED 115,000; 2024 AED 115,000; 2025 AED 115,000New contract, March 2013: AED 85,000 a yearNew contract, July 2018: AED 100,000 a yearNew contract, January 2020: AED 87,000 a yearRenewal, January 2021: AED 75,000 a yearNew contract, March 2022: AED 92,000 a yearRenewal, March 2023: AED 92,000 a yearNew contract, May 2024: AED 95,000 a year

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

1-beds in Bahar 2, and where 504 sits

All 22 1-beds →

504 last sold in January 2016 at AED 1,101 per sqft, in line with what one-beds in Bahar 2 were fetching at the time (AED 1,073). Over the last 12 months one-beds sold for AED 2,335,000, around AED 1,527 per sqft, and rent for AED 115,000 to 118,000 a year. 504's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 20262,335,000
24 Oct 20242,100,000
19 Mar 20241,800,000
18 Jan 20242,050,000
1 1-bed sale 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
5033-bedAED 2.6M · Nov 2022

504, Bahar 2 in numbers

  • Sold once: by Dubai Properties on 5 January 2016 for AED 1,684,800, or AED 1,101 per sqft.
  • Rented since March 2013 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 75,000 in 2021 and recovered to AED 95,000 by May 2024.
  • At AED 95,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 28,400 a year (AED 18.60 per sqft).
  • One-beds in Bahar 2 sold for AED 2,335,000–2,335,000 in the 12 months to November 2026; the building's median across all types is AED 1,527 per sqft.

Source: Dubai Land Department. Updated 31 May 2024.

Questions about 504, Bahar 2

What did unit 504 last sell for?

AED 1,684,800 on 5 January 2016, sold by the developer: AED 1,101 per sqft for 1,529 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 95,000 a year on the contract signed on 31 May 2024. The previous contract, from March 2023, was AED 92,000; the unit has been rented since March 2013.

How big is unit 504?

1,529 sqft (142.0 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2007.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bahar 2 sold for AED 2,335,000 to 2,335,000 in the last 12 months, around AED 1,527 per sqft.

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Mortgage on 504, Bahar 2

Starts from the last sale price (AED 1.68M, 5 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,684,800
Deposit, UAE resident (20%)
AED 336,960
Deposit, non-resident (40%)
AED 673,920
Monthly over 25 years at 3.7%
AED 6,893

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