3-bed · 2,037 sqftBahwan Tower, Downtown Dubai · 10th floor · completed 2018

1007, Bahwan Tower

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 2.12M1 August 2021
Current rentAED 145K /yr21 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Bahwan Tower

What is 1007 worth today?

Last sold for AED 2,120,000 in 2021

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1 Aug 2021Sold by developerReady
AED 2,120,000AED 1,040 per sqft
21 Jul 2020RentedRenewal
AED 145,000/yr12 months · AED 71 per sqft
21 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
3-bed apartment
Size
2,037 sqft
Floor
10th of 16
Parking
M-11,M-12
Developer
Utmost Properties
Completed
2018
Service charge
AED 42,300 /yr
Last sold
AED 2.12M · August 2021
Building
Bahwan Tower

About 1007, Bahwan Tower

1007 is a three-bedroom apartment of 2,037 sqft on the 10th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 1 August 2021 for AED 2,120,000, or AED 1,040 per sqft, in line with the AED 1,068 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 21 July 2020, is AED 145,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 42,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical three-bed in Bahwan Tower
2M3M4M2016201920222025Typical sale price by year: 2016 AED 2,975,000; 2017 AED 2,987,500; 2021 AED 2,159,220; 2025 AED 4,100,000Sold by developer, August 2021: AED 2,120,000 (AED 1,040 per sqft)

1007 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1007, each contractTypical three-bed in Bahwan Tower
150K200K20192021202320252027Typical rent by year: 2019 AED 140,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 151,800; 2023 AED 177,100; 2024 AED 220,690; 2025 AED 227,500; 2026 AED 220,000New contract, July 2019: AED 150,000 a yearRenewal, July 2020: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bahwan Tower, and where 1007 sits

All 29 3-beds →

1007 last sold in August 2021 at AED 1,040 per sqft, in line with what three-beds in Bahwan Tower were fetching at the time (AED 1,068). Over the last 12 months three-beds sold for AED 2,777,000, around AED 1,363 per sqft, and rent for AED 126,650 to 255,000 a year. 1007's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jul 20262,777,000
27 Aug 20253,900,000
18 Jun 20254,100,000
30 Jan 20254,100,000
1 3-bed sale 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
10022-bedAED 2.9M · Jan 2024
10031-bedAED 1.63M · Dec 2017
10041-bedAED 1.5M · Mar 2018
10051-bedAED 1.45M · Oct 2026
10062-bedAED 1.59M · Oct 2021
10082-bedAED 2.3M · Jan 2018
1–7 of 8

1007, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 1 August 2021 for AED 2,120,000, or AED 1,040 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 150,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 42,300 a year (AED 20.78 per sqft).
  • Three-beds in Bahwan Tower sold for AED 2,777,000–2,777,000 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 1 August 2021.

Questions about 1007, Bahwan Tower

What did unit 1007 last sell for?

AED 2,120,000 on 1 August 2021, sold by the developer: AED 1,040 per sqft for 2,037 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 145,000 a year on the contract renewed on 21 July 2020. The previous contract, from July 2019, was AED 150,000.

How big is unit 1007?

2,037 sqft (189.2 sqm): a three-bedroom apartment on the 10th floor of a 16-storey tower completed in 2018.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bahwan Tower sold for AED 2,777,000 to 2,777,000 in the last 12 months, around AED 1,363 per sqft.

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Mortgage on 1007, Bahwan Tower

Starts from the last sale price (AED 2.12M, 1 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

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