1-bed · 1,116 sqftAl Bahar Residences, Downtown Dubai · 5th floor · completed 2008

5114, Al Bahar Residences

Sold prices and rental history: sold once, by the developer in May 2012, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5114 · DLD and Ejari recordsUpdated 3 May 2017
Last soldAED 1.77M28 May 2012
Current rentAED 135K /yr3 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5114, Al Bahar Residences

What is 5114 worth today?

Last sold for AED 1,774,888 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 May 2017RentedNew contract
AED 135,000/yr12 months · AED 121 per sqft
28 Apr 2016RentedNew contract
AED 140,000/yr12 months · AED 125 per sqft
6 Aug 2015RentedNew contract
AED 138,000/yr12 months · AED 123 per sqft
28 May 2012Sold by developerReady
AED 1,774,888AED 1,590 per sqft

Source: Dubai Land Department. Updated 3 May 2017.

Key facts

Type
1-bed apartment
Size
1,116 sqft
Floor
5th of 6
Parking
42
Developer
Emaar
Completed
2008
Service charge
AED 19,900 /yr
Last sold
AED 1.77M · May 2012

About 5114, Al Bahar Residences

5114 is a one-bedroom apartment of 1,116 sqft on the 5th floor of Al Bahar Residences, a 6-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 28 May 2012 for AED 1,774,888, or AED 1,590 per sqft, 25% below the AED 2,118 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 3 May 2017, is AED 135,000 a year: a gross yield of 7.6% on the 2012 price, before the service charge of about AED 19,900 a year.

Sales and rents for 5114 over time

Sales
Unit 5114, each saleTypical one-bed in Al Bahar Residences
2M4M2012201620202024Typical sale price by year: 2012 AED 2,163,044; 2013 AED 2,320,388; 2014 AED 4,152,444; 2023 AED 2,350,000; 2024 AED 3,750,000Sold by developer, May 2012: AED 1,774,888 (AED 1,590 per sqft)

5114 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5114, each contractTypical one-bed in Al Bahar Residences
100K200K2013201720212025Typical rent by year: 2013 AED 155,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 137,500; 2018 AED 127,500; 2019 AED 110,000; 2020 AED 110,000; 2021 AED 99,500; 2022 AED 137,500; 2023 AED 155,000; 2024 AED 185,000; 2025 AED 215,000; 2026 AED 170,000New contract, August 2015: AED 138,000 a yearNew contract, April 2016: AED 140,000 a yearNew contract, May 2017: AED 135,000 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 Bahar Residences, and where 5114 sits

All 31 1-beds →

5114 last sold in May 2012 at AED 1,590 per sqft, 25% below what one-beds in Al Bahar Residences were fetching at the time (AED 2,118). 5114's AED 135,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Apr 20256,000,000
30 Jan 20252,675,000
5 Jun 20243,150,000
20 Mar 20244,600,000
0 1-bed sales 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 5th floor

All 65 units in Al Bahar Residences
Value
51011-bedAED 4.6M · Mar 2024
51021-bedAED 2.07M · Mar 2011
51033-bedAED 18M · Jul 2024
51051-bedAED 2.36M · Nov 2012
51061-bedAED 3.15M · Jun 2024
51072-bedAED 5.7M · Nov 2024
51082-bedAED 2.26M · Apr 2010
1–7 of 23

5114, Al Bahar Residences in numbers

  • Sold once: by Emaar on 28 May 2012 for AED 1,774,888, or AED 1,590 per sqft.
  • Rented since August 2015 on 3 Ejari contracts, from AED 138,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2012 price is 7.6%, before a service charge of about AED 19,900 a year (AED 17.82 per sqft).

Source: Dubai Land Department. Updated 3 May 2017.

Questions about 5114, Al Bahar Residences

What did unit 5114 last sell for?

AED 1,774,888 on 28 May 2012, sold by the developer: AED 1,590 per sqft for 1,116 sqft. It is the only registered sale of the unit.

What is the rent for unit 5114?

AED 135,000 a year on the contract signed on 3 May 2017. The previous contract, from April 2016, was AED 140,000; the unit has been rented since August 2015.

How big is unit 5114?

1,116 sqft (103.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2008.

What is unit 5114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 5114? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5114, Al Bahar Residences

Starts from the last sale price (AED 1.77M, 28 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,774,888
Deposit, UAE resident (20%)
AED 354,978
Deposit, non-resident (40%)
AED 709,955
Monthly over 25 years at 3.7%
AED 7,262

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