2-bed · 1,315 sqftAl Bahia 2, Al Sufouh First · 5th floor

503, Al Bahia 2

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.85M1 November 2024
Current rentAED 135K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Al Bahia 2

What is 503 worth today?

Last sold for AED 1,850,000 in 2024

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1 Nov 2024SoldReady
AED 1,850,000AED 1,407 per sqft
15 Aug 2024RentedNew contract
AED 135,000/yr12 months · AED 103 per sqft
15 Feb 2024RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
21 Nov 2023SoldReady
AED 1,380,000AED 1,049 per sqft
15 Jun 2021RentedNew contract
AED 65,057/yr14 months · AED 50 per sqft
1 May 2019RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
10 Dec 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
12 Oct 2014Sold by developerReady
AED 1,496,948AED 1,138 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,315 sqft
Floor
5th of 8
Parking
G-27
Service charge
AED 23,500 /yr
Last sold
AED 1.85M · November 2024
Building
Al Bahia 2

About 503, Al Bahia 2

503 is a two-bedroom apartment of 1,315 sqft on the 5th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 1 November 2024 for AED 1,850,000, or AED 1,407 per sqft, 18% above the AED 1,192 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 August 2024, is AED 135,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 23,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, October 2014: AED 1,496,948 (AED 1,138 per sqft)Sold, November 2023: AED 1,380,000 (AED 1,049 per sqft)Sold, November 2024: AED 1,850,000 (AED 1,407 per sqft)

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

Rents
Unit 503, 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, December 2014: AED 140,000 a yearNew contract, May 2019: AED 78,000 a yearNew contract, June 2021: AED 65,057 a yearNew contract, February 2024: AED 130,000 a yearNew contract, August 2024: AED 135,000 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 503 sits

All 32 2-beds →

503 last sold in November 2024 at AED 1,407 per sqft, 18% above what two-beds in Al Bahia 2 were fetching at the time (AED 1,192). 503's AED 135,000 is in the lower half 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 5th floor

All 48 units in Al Bahia 2
Value
5012-bedAED 1.2M · Sep 2018
5021-bedAED 1.1M · Nov 2023
5042-bedAED 1M · Oct 2021
5051-bedAED 940K · Sep 2023
5062-bedAED 1.01M · Oct 2021

503, Al Bahia 2 in numbers

  • Sold 3 times: first on 12 October 2014 for AED 1,496,948, last on 1 November 2024 for AED 1,850,000 (AED 1,407 per sqft).
  • Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 65,057 in 2021 and recovered to AED 135,000 by August 2024.
  • At AED 135,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 23,500 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 503, Al Bahia 2

What did unit 503 last sell for?

AED 1,850,000 on 1 November 2024: AED 1,407 per sqft for 1,315 sqft. The unit has 3 registered sales; the first was AED 1,496,948 in October 2014.

What is the rent for unit 503?

AED 135,000 a year on the contract signed on 15 August 2024. The previous contract, from February 2024, was AED 130,000; the unit has been rented since December 2014.

How big is unit 503?

1,315 sqft (122.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 503 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 503, Al Bahia 2

Starts from the last sale price (AED 1.85M, 1 November 2024). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →