2-bed · 1,509 sqftBahwan Tower, Downtown Dubai · 10th floor · completed 2018

1002, Bahwan Tower

Sold prices and rental history: sold twice, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 26 January 2024
Last soldAED 2.9M26 January 2024
Current rentAED 104K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Bahwan Tower

What is 1002 worth today?

Last sold for AED 2,900,000 in 2024

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26 Jan 2024SoldReady
AED 2,900,000AED 1,921 per sqft
15 Dec 2022RentedRenewal
AED 103,500/yr12 months · AED 69 per sqft
15 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
15 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
6 Mar 2017Sold by developerOff-plan
AED 2,125,000AED 1,408 per sqft

Source: Dubai Land Department. Updated 26 January 2024.

Key facts

Type
2-bed apartment
Size
1,509 sqft
Floor
10th of 16
Parking
P1-36
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,400 /yr
Last sold
AED 2.9M · January 2024
Building
Bahwan Tower

About 1002, Bahwan Tower

1002 is a two-bedroom apartment of 1,509 sqft on the 10th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. It last sold on 26 January 2024 for AED 2,900,000, or AED 1,921 per sqft, 42% above the AED 1,356 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 103,500 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 31,400 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Bahwan Tower
2M3M2016201920222025Typical sale price by year: 2016 AED 2,125,000; 2017 AED 2,275,000; 2021 AED 1,607,550; 2022 AED 1,717,371; 2023 AED 2,245,000; 2024 AED 2,471,000; 2025 AED 2,500,000; 2026 AED 2,600,000Sold by developer, March 2017: AED 2,125,000 (AED 1,408 per sqft)Sold, January 2024: AED 2,900,000 (AED 1,921 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Bahwan Tower
100K150K20192021202320252027Typical rent by year: 2019 AED 115,000; 2020 AED 105,000; 2021 AED 90,000; 2022 AED 105,000; 2023 AED 150,000; 2024 AED 150,000; 2025 AED 160,000; 2026 AED 157,500New contract, December 2020: AED 90,000 a yearRenewal, December 2021: AED 90,000 a yearRenewal, December 2022: AED 103,500 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 Bahwan Tower, and where 1002 sits

All 59 2-beds →

1002 last sold in January 2024 at AED 1,921 per sqft, 42% above what two-beds in Bahwan Tower were fetching at the time (AED 1,356). Over the last 12 months two-beds sold for AED 2,600,000 to 2,800,000, around AED 1,691 per sqft, and rent for AED 40,000 to 179,375 a year. 1002's AED 103,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Feb 20262,800,000
6 Feb 20262,600,000
2 Jan 20262,600,000
11 Dec 20252,800,000
4 2-bed sales in the last 12 months

Bahwan Tower

Building

132 apartments, 1-bed to 3-bed over 16 floors in Downtown Dubai, completed in 2018 by Utmost Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,561
Typical sale
AED 2.6M
Typical rent
AED 132K /yr
Typical yield
6.4%
Bahwan Tower, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 132 units in Bahwan Tower
Value
10013-bedAED 2.95M · Mar 2017
10031-bedAED 1.63M · Dec 2017
10041-bedAED 1.5M · Mar 2018
10051-bedAED 1.45M · Oct 2026
10062-bedAED 1.59M · Oct 2021
10073-bedAED 2.12M · Aug 2021
10082-bedAED 2.3M · Jan 2018
1–7 of 8

1002, Bahwan Tower in numbers

  • Sold twice: first on 6 March 2017 for AED 2,125,000, last on 26 January 2024 for AED 2,900,000 (AED 1,921 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 90,000 to AED 103,500 a year.
  • At AED 103,500 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 31,400 a year (AED 20.78 per sqft).
  • Two-beds in Bahwan Tower sold for AED 2,600,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,561 per sqft.

Source: Dubai Land Department. Updated 26 January 2024.

Questions about 1002, Bahwan Tower

What did unit 1002 last sell for?

AED 2,900,000 on 26 January 2024: AED 1,921 per sqft for 1,509 sqft. The unit has 2 registered sales; the first was AED 2,125,000 in March 2017.

What is the rent for unit 1002?

AED 103,500 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 90,000; the unit has been rented since December 2020.

How big is unit 1002?

1,509 sqft (140.2 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2018.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bahwan Tower sold for AED 2,600,000 to 2,800,000 in the last 12 months, around AED 1,691 per sqft.

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Mortgage on 1002, Bahwan Tower

Starts from the last sale price (AED 2.9M, 26 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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