1-bed · 922 sqftAl Bahia 2, Al Sufouh First · 7th floor

702, Al Bahia 2

Sold prices and rental history: sold twice, last in March 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 1.05M28 March 2023
Current rentAED 65K /yr20 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Al Bahia 2

What is 702 worth today?

Last sold for AED 1,050,000 in 2023

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28 Mar 2023SoldReady
AED 1,050,000AED 1,139 per sqft
20 Feb 2020RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
5 Dec 2014RentedNew contract
AED 105,000/yr12 months · AED 113 per sqft
9 Oct 2014Sold by developerReady
AED 1,054,328AED 1,144 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
7th of 8
Parking
G-38
Service charge
AED 16,500 /yr
Last sold
AED 1.05M · March 2023
Building
Al Bahia 2

About 702, Al Bahia 2

702 is a one-bedroom apartment of 922 sqft on the 7th floor of Al Bahia 2, a 8-storey tower in Al Sufouh First. It last sold on 28 March 2023 for AED 1,050,000, or AED 1,139 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 February 2020, is AED 65,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 16,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Al Bahia 2
1.2M2014201720202023Typical sale price by year: 2014 AED 1,284,750; 2023 AED 1,100,000; 2024 AED 1,125,000Sold by developer, October 2014: AED 1,054,328 (AED 1,144 per sqft)Sold, March 2023: AED 1,050,000 (AED 1,139 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Al Bahia 2
50K75K100K2014201820222026Typical 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, December 2014: AED 105,000 a yearNew contract, February 2020: AED 65,000 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 702 sits

All 16 1-beds →

702's AED 65,000 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 7th floor

All 48 units in Al Bahia 2
Value
7012-bedAED 1.35M · Dec 2022
7032-bedAED 1.6M · Feb 2024
7042-bedAED 1.75M · May 2024
7051-bedAED 1.15M · May 2024
7062-bedAED 1.75M · May 2024

702, Al Bahia 2 in numbers

  • Sold twice: first on 9 October 2014 for AED 1,054,328, last on 28 March 2023 for AED 1,050,000 (AED 1,139 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 16,500 a year (AED 17.88 per sqft).

Source: Dubai Land Department. Updated 28 March 2023.

Questions about 702, Al Bahia 2

What did unit 702 last sell for?

AED 1,050,000 on 28 March 2023: AED 1,139 per sqft for 922 sqft. The unit has 2 registered sales; the first was AED 1,054,328 in October 2014.

What is the rent for unit 702?

AED 65,000 a year on the contract signed on 20 February 2020. The previous contract, from December 2014, was AED 105,000.

How big is unit 702?

922 sqft (85.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 702 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 702, Al Bahia 2

Starts from the last sale price (AED 1.05M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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