2-bed · 2,338 sqftAl Bahar Residences, Downtown Dubai · 4th floor · completed 2008

4118, Al Bahar Residences

Sold prices and rental history: sold once, by the developer in July 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4118 · DLD and Ejari recordsUpdated 15 May 2018
Last soldAED 3.28M2 July 2012
Current rentAED 240K /yr15 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4118, Al Bahar Residences

What is 4118 worth today?

Last sold for AED 3,279,888 in 2012

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15 May 2018RentedRenewal
AED 240,000/yr12 months · AED 103 per sqft
15 May 2017RentedRenewal
AED 240,000/yr12 months · AED 103 per sqft
15 May 2016RentedNew contract
AED 240,000/yr12 months · AED 103 per sqft
1 Dec 2013RentedNew contract
AED 250,000/yr12 months · AED 107 per sqft
2 Jul 2012Sold by developerReady
AED 3,279,888AED 1,402 per sqft

Source: Dubai Land Department. Updated 15 May 2018.

Key facts

Type
2-bed apartment
Size
2,338 sqft
Floor
4th of 6
Parking
44
Developer
Emaar
Completed
2008
Service charge
AED 41,700 /yr
Last sold
AED 3.28M · July 2012

About 4118, Al Bahar Residences

4118 is a two-bedroom apartment of 2,338 sqft on the 4th floor of Al Bahar Residences, a 6-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 2 July 2012 for AED 3,279,888, or AED 1,402 per sqft, 17% below the AED 1,682 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 May 2018, is AED 240,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 41,700 a year.

Sales and rents for 4118 over time

Sales
Unit 4118, each saleTypical two-bed in Al Bahar Residences
4M2010201420182022Typical sale price by year: 2010 AED 3,334,388; 2012 AED 2,704,888; 2013 AED 3,466,888; 2014 AED 5,297,444; 2023 AED 4,200,000; 2024 AED 4,725,000Sold by developer, July 2012: AED 3,279,888 (AED 1,402 per sqft)

4118 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4118, each contractTypical two-bed in Al Bahar Residences
150K200K250K2013201720212025Typical rent by year: 2013 AED 175,000; 2014 AED 220,000; 2015 AED 235,000; 2016 AED 220,000; 2017 AED 207,500; 2018 AED 175,000; 2019 AED 175,409; 2020 AED 145,714; 2021 AED 143,500; 2022 AED 185,000; 2023 AED 190,000; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 170,000New contract, December 2013: AED 250,000 a yearNew contract, May 2016: AED 240,000 a yearRenewal, May 2017: AED 240,000 a yearRenewal, May 2018: AED 240,000 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 Bahar Residences, and where 4118 sits

All 28 2-beds →

4118 last sold in July 2012 at AED 1,402 per sqft, 17% below what two-beds in Al Bahar Residences were fetching at the time (AED 1,682). Over the last 12 months two-beds sold for AED 4,500,000, around AED 3,071 per sqft, and rent for AED 85,000 to 300,000 a year. 4118's AED 240,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20254,500,000
3 Jul 20255,200,000
12 Nov 20245,700,000
11 Jun 20244,000,000
1 2-bed sale in the last 12 months

Al Bahar Residences

Building

65 apartments, 1-bed to 3-bed over 6 floors in Downtown Dubai, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 3,071
Typical sale
AED 4.5M
Typical rent
AED 170K /yr
Typical yield
3.9%
Al Bahar Residences, Downtown Dubai: prices, sales and rents →

Other units on the 4th floor

All 65 units in Al Bahar Residences
Value
41011-bedAED 4.21M · Mar 2014
41022-bedAED 3.7M · May 2014
41033-bedAED 10.5M · Dec 2013
41051-bedAED 3.75M · Mar 2024
41061-bedAED 2.56M · May 2013
41072-bedAED 4.2M · Oct 2023
41082-bedAED 4.2M · Oct 2023
1–7 of 23

4118, Al Bahar Residences in numbers

  • Sold once: by Emaar on 2 July 2012 for AED 3,279,888, or AED 1,402 per sqft.
  • Rented since December 2013 on 4 Ejari contracts, from AED 250,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2012 price is 7.3%, before a service charge of about AED 41,700 a year (AED 17.82 per sqft).
  • Two-beds in Al Bahar Residences sold for AED 4,500,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,071 per sqft.

Source: Dubai Land Department. Updated 15 May 2018.

Questions about 4118, Al Bahar Residences

What did unit 4118 last sell for?

AED 3,279,888 on 2 July 2012, sold by the developer: AED 1,402 per sqft for 2,338 sqft. It is the only registered sale of the unit.

What is the rent for unit 4118?

AED 240,000 a year on the contract renewed on 15 May 2018. The previous contract, from May 2017, was AED 240,000; the unit has been rented since December 2013.

How big is unit 4118?

2,338 sqft (217.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2008.

What is unit 4118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Bahar Residences sold for AED 4,500,000 to 4,500,000 in the last 12 months, around AED 3,071 per sqft.

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Mortgage on 4118, Al Bahar Residences

Starts from the last sale price (AED 3.28M, 2 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,279,888
Deposit, UAE resident (20%)
AED 655,978
Deposit, non-resident (40%)
AED 1,311,955
Monthly over 25 years at 3.7%
AED 13,419

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