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3-bed · 2,172 sqftBahar 2, Jumeirah Beach Residence · 7th floor · completed 2007

703, Bahar 2

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 3.3M30 September 2024
Current rentAED 125K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Bahar 2

What is 703 worth today?

Last sold for AED 3,300,000 in 2024

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30 Sep 2024SoldReady
AED 3,300,000AED 1,519 per sqft
10 Oct 2023SoldReady
AED 2,900,000AED 1,335 per sqft
7 Jul 2022Sold by developerReady
AED 2,680,000AED 1,233 per sqft
1 Apr 2021RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
1 Apr 2019RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
13 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
30 Dec 2016RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft
30 Dec 2015RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
3-bed apartment
Size
2,172 sqft
Floor
7th of 27
Parking
B-147, B-148
Developer
Dubai Properties
Completed
2007
Service charge
AED 40,400 /yr
Last sold
AED 3.3M · September 2024
Building
Bahar 2

About 703, Bahar 2

703 is a three-bedroom apartment of 2,172 sqft on the 7th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 September 2024 for AED 3,300,000, or AED 1,519 per sqft, in line with the AED 1,519 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 125,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 40,400 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical three-bed in Bahar 2
2.5M3M3.5M202120232025Typical 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, July 2022: AED 2,680,000 (AED 1,233 per sqft)Sold, October 2023: AED 2,900,000 (AED 1,335 per sqft)Sold, September 2024: AED 3,300,000 (AED 1,519 per sqft)

703 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 703, 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, October 2013: AED 140,000 a yearRenewal, October 2014: AED 140,000 a yearRenewal, October 2015: AED 153,505 a yearRenewal, December 2015: AED 175,000 a yearRenewal, December 2016: AED 175,000 a yearNew contract, January 2018: AED 170,000 a yearNew contract, April 2019: AED 140,000 a yearRenewal, April 2021: AED 125,000 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 703 sits

All 19 3-beds →

703 last sold in September 2024 at AED 1,519 per sqft, in line with what three-beds in Bahar 2 were fetching at the time (AED 1,519).

Recent 3-bed salesUnit no.Price (AED)Summary
28 Jan 20253,600,000
25 Dec 20243,650,000
13 Jun 20243,400,000
11 Jul 20233,200,000
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 7th floor

All 76 units in Bahar 2
Value
7013-bedAED 3.09M · Feb 2017
7021-bedAED 1.59M · Feb 2023
7041-bedAED 1.15M · Aug 2020

703, Bahar 2 in numbers

  • Sold 3 times: first on 7 July 2022 for AED 2,680,000, last on 30 September 2024 for AED 3,300,000 (AED 1,519 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 140,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 40,400 a year (AED 18.60 per sqft).

Source: Dubai Land Department. Updated 30 September 2024.

Questions about 703, Bahar 2

What did unit 703 last sell for?

AED 3,300,000 on 30 September 2024: AED 1,519 per sqft for 2,172 sqft. The unit has 3 registered sales; the first was AED 2,680,000 in July 2022.

What is the rent for unit 703?

AED 125,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2019, was AED 140,000; the unit has been rented since October 2013.

How big is unit 703?

2,172 sqft (201.8 sqm): a three-bedroom apartment on the 7th floor of a 27-storey tower completed in 2007.

What is unit 703 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 703, Bahar 2

Starts from the last sale price (AED 3.3M, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →