2-bed · 1,341 sqftAl Bahia 2, Al Sufouh First · 4th floor

401, Al Bahia 2

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.6M15 December 2023
Current rentAED 79K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Al Bahia 2

What is 401 worth today?

Last sold for AED 1,600,000 in 2023

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15 Dec 2023SoldReady
AED 1,600,000AED 1,193 per sqft
10 May 2023RentedRenewal
AED 79,000/yr12 months · AED 59 per sqft
10 May 2022RentedRenewal
AED 73,000/yr12 months · AED 54 per sqft
10 May 2021RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
10 May 2020RentedRenewal
AED 75,000/yr12 months · AED 56 per sqft
8 Jul 2019Sold by developerReady
AED 1,100,000AED 820 per sqft
10 May 2019RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
28 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
2-bed apartment
Size
1,341 sqft
Floor
4th of 8
Parking
G-19
Service charge
AED 24,000 /yr
Last sold
AED 1.6M · December 2023
Building
Al Bahia 2

About 401, Al Bahia 2

401 is a two-bedroom apartment of 1,341 sqft on the 4th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 15 December 2023 for AED 1,600,000, or AED 1,193 per sqft, 14% above the AED 1,049 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 May 2023, is AED 79,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Al Bahia 2
1M1.5M2M20142017202020232026Typical sale price by year: 2014 AED 1,624,725; 2015 AED 2,059,029; 2019 AED 1,100,000; 2021 AED 1,055,000; 2023 AED 1,380,000; 2024 AED 1,650,000; 2025 AED 1,850,000Sold by developer, July 2019: AED 1,100,000 (AED 820 per sqft)Sold, December 2023: AED 1,600,000 (AED 1,193 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Al Bahia 2
100K150K2014201820222026Typical rent by year: 2014 AED 127,477; 2015 AED 125,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 72,000; 2021 AED 65,057; 2022 AED 74,775; 2023 AED 81,400; 2024 AED 131,000; 2025 AED 135,500; 2026 AED 140,782New contract, February 2015: AED 130,000 a yearRenewal, February 2016: AED 129,614 a yearNew contract, February 2018: AED 115,000 a yearNew contract, May 2019: AED 80,000 a yearRenewal, May 2020: AED 75,000 a yearRenewal, May 2021: AED 70,000 a yearRenewal, May 2022: AED 73,000 a yearRenewal, May 2023: AED 79,000 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 Al Bahia 2, and where 401 sits

All 32 2-beds →

401 last sold in December 2023 at AED 1,193 per sqft, 14% above what two-beds in Al Bahia 2 were fetching at the time (AED 1,049). 401's AED 79,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20251,850,000
15 Jun 20251,850,000
12 Jun 20252,050,000
6 May 20251,466,214
0 2-bed sales in the last 12 months

Al Bahia 2

Building

48 apartments, 1-bed to 2-bed over 8 floors in Al Sufouh First. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 115K /yr
Typical yield
Al Bahia 2, Al Sufouh First: prices, sales and rents →

Other units on the 4th floor

All 48 units in Al Bahia 2
Value
4021-bedAED 1.1M · Feb 2024
4032-bedAED 1.65M · Nov 2024
4042-bedAED 1.61M · Jul 2024
4051-bedAED 1M · Nov 2023
4062-bedAED 1.41M · Mar 2024

401, Al Bahia 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 1,100,000, last on 15 December 2023 for AED 1,600,000 (AED 1,193 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2021 and recovered to AED 79,000 by May 2023.
  • At AED 79,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 24,000 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 15 December 2023.

Questions about 401, Al Bahia 2

What did unit 401 last sell for?

AED 1,600,000 on 15 December 2023: AED 1,193 per sqft for 1,341 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in July 2019.

What is the rent for unit 401?

AED 79,000 a year on the contract renewed on 10 May 2023. The previous contract, from May 2022, was AED 73,000; the unit has been rented since February 2015.

How big is unit 401?

1,341 sqft (124.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower.

What is unit 401 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 401, Al Bahia 2

Starts from the last sale price (AED 1.6M, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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