2-bed · 1,268 sqftBahar 4, Jumeirah Beach Residence · 23rd floor · completed 2007

2303, Bahar 4

Sold prices and rental history: sold 7 times, last in December 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.85M6 December 2016
Current rentAED 140K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Bahar 4

What is 2303 worth today?

Last sold for AED 1,850,000 in 2016

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1 Mar 2024RentedNew contract
AED 140,000/yr12 months · AED 110 per sqft
24 Feb 2023RentedRenewal
AED 130,000/yr12 months · AED 102 per sqft
24 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 91 per sqft
24 Dec 2019RentedNew contract
AED 95,500/yr12 months · AED 75 per sqft
23 Sep 2018RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
23 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
6 Dec 2016SoldReady
AED 1,850,000AED 1,458 per sqft
3 Oct 2016SoldReady
AED 2,000,000AED 1,576 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,268 sqft
Floor
23rd of 25
Parking
G408
Developer
Dubai Properties
Completed
2007
Service charge
AED 23,800 /yr
Last sold
AED 1.85M · December 2016
Building
Bahar 4

About 2303, Bahar 4

2303 is a two-bedroom apartment of 1,268 sqft on the 23rd floor of Bahar 4, a 25-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 December 2016 for AED 1,850,000, or AED 1,458 per sqft, 5% below the AED 1,537 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 March 2024, is AED 140,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 23,800 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in Bahar 4
2M2008201320182023Typical sale price by year: 2008 AED 2,154,410; 2009 AED 3,085,200; 2010 AED 2,506,770; 2011 AED 925,731; 2012 AED 1,475,000; 2013 AED 2,050,000; 2014 AED 2,250,000; 2016 AED 2,100,000; 2017 AED 1,825,000; 2018 AED 1,555,000; 2020 AED 1,325,000; 2021 AED 1,475,000; 2022 AED 1,603,000; 2023 AED 1,950,000; 2024 AED 2,195,000; 2025 AED 2,500,000Sold by developer, March 2008: AED 599,000 (AED 472 per sqft)Sold, August 2008: AED 2,156,280 (AED 1,699 per sqft)Sold, March 2011: AED 796,606 (AED 628 per sqft)Sold, April 2011: AED 1,430,000 (AED 1,127 per sqft)Sold, October 2013: AED 1,950,000 (AED 1,537 per sqft)Sold, October 2016: AED 2,000,000 (AED 1,576 per sqft)Sold, December 2016: AED 1,850,000 (AED 1,458 per sqft)

2303 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in Bahar 4
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 120,000; 2014 AED 127,653; 2015 AED 140,000; 2016 AED 130,000; 2017 AED 128,500; 2018 AED 115,000; 2019 AED 105,000; 2020 AED 81,000; 2021 AED 88,000; 2022 AED 96,000; 2023 AED 117,500; 2024 AED 133,100; 2025 AED 145,000; 2026 AED 155,000New contract, September 2015: AED 130,000 a yearNew contract, September 2016: AED 121,534 a yearNew contract, September 2017: AED 115,000 a yearRenewal, September 2018: AED 120,000 a yearNew contract, December 2019: AED 95,500 a yearRenewal, February 2022: AED 115,000 a yearRenewal, February 2023: AED 130,000 a yearNew contract, March 2024: AED 140,000 a year

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

2-beds in Bahar 4, and where 2303 sits

All 75 2-beds →

2303 last sold in December 2016 at AED 1,458 per sqft, 5% below what two-beds in Bahar 4 were fetching at the time (AED 1,537). Over the last 12 months two-beds sold for AED 2,250,000 to 2,400,000, around AED 1,714 per sqft, and rent for AED 110,000 to 175,000 a year. 2303's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 20262,400,000
5 Jan 20262,250,000
19 Jun 20252,500,000
6 May 20253,550,000
2 2-bed sales in the last 12 months

Bahar 4

Building

128 apartments, 1-bed to 3-bed over 25 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,773
Typical sale
AED 2.38M
Typical rent
AED 140K /yr
Typical yield
5.8%
Bahar 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 23rd floor

All 128 units in Bahar 4
Value
23012-bedAED 631K · Apr 2021
23022-bedAED 1.35M · Apr 2012
23042-bedAED 1.03M · Apr 2011

2303, Bahar 4 in numbers

  • Sold 7 times: first on 25 March 2008 for AED 599,000, last on 6 December 2016 for AED 1,850,000 (AED 1,458 per sqft).
  • Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 95,500 in 2019 and recovered to AED 140,000 by March 2024.
  • At AED 140,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 23,800 a year (AED 18.75 per sqft).
  • Two-beds in Bahar 4 sold for AED 2,250,000–2,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,773 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Questions about 2303, Bahar 4

What did unit 2303 last sell for?

AED 1,850,000 on 6 December 2016: AED 1,458 per sqft for 1,268 sqft. The unit has 7 registered sales; the first was AED 599,000 in March 2008.

What is the rent for unit 2303?

AED 140,000 a year on the contract signed on 1 March 2024. The previous contract, from February 2023, was AED 130,000; the unit has been rented since September 2015.

How big is unit 2303?

1,268 sqft (117.8 sqm): a two-bedroom apartment on the 23rd floor of a 25-storey tower completed in 2007.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bahar 4 sold for AED 2,250,000 to 2,400,000 in the last 12 months, around AED 1,714 per sqft.

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Mortgage on 2303, Bahar 4

Starts from the last sale price (AED 1.85M, 6 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →