1-bed · 976 sqftAl Bahia 2, Al Sufouh First · 4th floor

405, Al Bahia 2

Sold prices and rental history: sold twice, last in November 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 1M2 November 2023
Current rentAED 60K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Bahia 2

What is 405 worth today?

Last sold for AED 1,000,000 in 2023

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2 Nov 2023SoldReady
AED 1,000,000AED 1,024 per sqft
25 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 61 per sqft
21 May 2017Sold by developerReady
AED 1,443,150AED 1,478 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
1-bed apartment
Size
976 sqft
Floor
4th of 8
Parking
G-23
Service charge
AED 17,500 /yr
Last sold
AED 1M · November 2023
Building
Al Bahia 2

About 405, Al Bahia 2

405 is a one-bedroom apartment of 976 sqft on the 4th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 2 November 2023 for AED 1,000,000, or AED 1,024 per sqft, 10% below the AED 1,139 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2022. The current contract, signed on 25 September 2022, is AED 60,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Al Bahia 2
1M1.25M1.5M2014201720202023Typical sale price by year: 2014 AED 1,284,750; 2023 AED 1,100,000; 2024 AED 1,125,000Sold by developer, May 2017: AED 1,443,150 (AED 1,478 per sqft)Sold, November 2023: AED 1,000,000 (AED 1,024 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Al Bahia 2
60K80K2014201820222026Typical rent by year: 2014 AED 90,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 83,500; 2018 AED 70,000; 2019 AED 65,500; 2020 AED 57,000; 2021 AED 50,000; 2022 AED 54,500; 2023 AED 60,500; 2024 AED 86,500; 2025 AED 90,000; 2026 AED 90,000New contract, September 2022: AED 60,000 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 Al Bahia 2, and where 405 sits

All 16 1-beds →

405 last sold in November 2023 at AED 1,024 per sqft, 10% below what one-beds in Al Bahia 2 were fetching at the time (AED 1,139). 405's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 20251,177,991
8 Apr 20251,450,000
20 Dec 20241,192,039
19 Dec 20241,068,749
0 1-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
4042-bedAED 1.61M · Jul 2024
4062-bedAED 1.41M · Mar 2024

405, Al Bahia 2 in numbers

  • Sold twice: first on 21 May 2017 for AED 1,443,150, last on 2 November 2023 for AED 1,000,000 (AED 1,024 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 17,500 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 2 November 2023.

Questions about 405, Al Bahia 2

What did unit 405 last sell for?

AED 1,000,000 on 2 November 2023: AED 1,024 per sqft for 976 sqft. The unit has 2 registered sales; the first was AED 1,443,150 in May 2017.

What is the rent for unit 405?

AED 60,000 a year on the contract signed on 25 September 2022.

How big is unit 405?

976 sqft (90.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower.

What is unit 405 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 405, Al Bahia 2

Starts from the last sale price (AED 1M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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