2-bed · 1,437 sqftAl Bahia 2, Al Sufouh First · 5th floor

506, Al Bahia 2

Sold prices and rental history: sold twice, last in October 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 17 October 2021
Last soldAED 1.01M17 October 2021
Current rentAED 70K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Bahia 2

What is 506 worth today?

Last sold for AED 1,010,000 in 2021

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17 Oct 2021SoldReady
AED 1,010,000AED 702 per sqft
15 Sep 2020RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
17 Mar 2016RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
9 Oct 2014Sold by developerReady
AED 2,151,973AED 1,497 per sqft

Source: Dubai Land Department. Updated 17 October 2021.

Key facts

Type
2-bed apartment
Size
1,437 sqft
Floor
5th of 8
Parking
G-30
Service charge
AED 25,700 /yr
Last sold
AED 1.01M · October 2021
Building
Al Bahia 2

About 506, Al Bahia 2

506 is a two-bedroom apartment of 1,437 sqft on the 5th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 17 October 2021 for AED 1,010,000, or AED 702 per sqft, 3% below the AED 725 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 15 September 2020, is AED 70,000 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 25,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Al Bahia 2
1M2M20142017202020232026Typical 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 2,151,973 (AED 1,497 per sqft)Sold, October 2021: AED 1,010,000 (AED 702 per sqft)

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

Rents
Unit 506, 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, March 2016: AED 115,000 a yearNew contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 70,000 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 506 sits

All 32 2-beds →

506 last sold in October 2021 at AED 702 per sqft, 3% below what two-beds in Al Bahia 2 were fetching at the time (AED 725). 506's AED 70,000 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 5th floor

All 48 units in Al Bahia 2
Value
5012-bedAED 1.2M · Sep 2018
5021-bedAED 1.1M · Nov 2023
5032-bedAED 1.85M · Nov 2024
5042-bedAED 1M · Oct 2021
5051-bedAED 940K · Sep 2023

506, Al Bahia 2 in numbers

  • Sold twice: first on 9 October 2014 for AED 2,151,973, last on 17 October 2021 for AED 1,010,000 (AED 702 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 25,700 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 17 October 2021.

Questions about 506, Al Bahia 2

What did unit 506 last sell for?

AED 1,010,000 on 17 October 2021: AED 702 per sqft for 1,437 sqft. The unit has 2 registered sales; the first was AED 2,151,973 in October 2014.

What is the rent for unit 506?

AED 70,000 a year on the contract renewed on 15 September 2020. The previous contract, from September 2019, was AED 70,000; the unit has been rented since March 2016.

How big is unit 506?

1,437 sqft (133.5 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 506 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 506, Al Bahia 2

Starts from the last sale price (AED 1.01M, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,000
Deposit, UAE resident (20%)
AED 202,000
Deposit, non-resident (40%)
AED 404,000
Monthly over 25 years at 3.7%
AED 4,132

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