2-bed · 1,470 sqftAl Bahia 2, Al Sufouh First · 4th floor

404, Al Bahia 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.61M1 July 2024
Current rentAED 80K /yr7 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Al Bahia 2

What is 404 worth today?

Last sold for AED 1,610,000 in 2024

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1 Jul 2024SoldReady
AED 1,610,000AED 1,095 per sqft
7 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 54 per sqft
11 May 2020RentedNew contract
AED 40,000/yr18 months · AED 27 per sqft
9 Jul 2019Sold by developerReady
AED 1,100,000AED 748 per sqft
3 Apr 2016RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft
5 Mar 2015RentedNew contract
AED 130,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
4th of 8
Parking
G-22
Service charge
AED 26,300 /yr
Last sold
AED 1.61M · July 2024
Building
Al Bahia 2

About 404, Al Bahia 2

404 is a two-bedroom apartment of 1,470 sqft on the 4th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 1 July 2024 for AED 1,610,000, or AED 1,095 per sqft, 7% below the AED 1,173 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 7 August 2022, is AED 80,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 26,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 748 per sqft)Sold, July 2024: AED 1,610,000 (AED 1,095 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Al Bahia 2
50K100K150K2014201820222026Typical 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, March 2015: AED 130,000 a yearNew contract, April 2016: AED 130,000 a yearNew contract, May 2020: AED 40,000 a yearNew contract, August 2022: AED 80,000 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 404 sits

All 32 2-beds →

404 last sold in July 2024 at AED 1,095 per sqft, 7% below what two-beds in Al Bahia 2 were fetching at the time (AED 1,173). 404's AED 80,000 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
4012-bedAED 1.6M · Dec 2023
4021-bedAED 1.1M · Feb 2024
4032-bedAED 1.65M · Nov 2024
4051-bedAED 1M · Nov 2023
4062-bedAED 1.41M · Mar 2024

404, Al Bahia 2 in numbers

  • Sold twice: first on 9 July 2019 for AED 1,100,000, last on 1 July 2024 for AED 1,610,000 (AED 1,095 per sqft).
  • Rented since March 2015 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 40,000 in 2020 and recovered to AED 80,000 by August 2022.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 26,300 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 404, Al Bahia 2

What did unit 404 last sell for?

AED 1,610,000 on 1 July 2024: AED 1,095 per sqft for 1,470 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in July 2019.

What is the rent for unit 404?

AED 80,000 a year on the contract signed on 7 August 2022. The previous contract, from May 2020, was AED 40,000; the unit has been rented since March 2015.

How big is unit 404?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower.

What is unit 404 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 404, Al Bahia 2

Starts from the last sale price (AED 1.61M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

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