2-bed · 1,531 sqftBahwan Tower, Downtown Dubai · 10th floor · completed 2018

1008, Bahwan Tower

Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 23 January 2021
Last soldAED 2.3M28 January 2018
Current rentAED 80K /yr23 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Bahwan Tower

What is 1008 worth today?

Last sold for AED 2,300,000 in 2018

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23 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
28 Jan 2018Sold by developerOff-plan
AED 2,300,000AED 1,502 per sqft

Source: Dubai Land Department. Updated 23 January 2021.

Key facts

Type
2-bed apartment
Size
1,531 sqft
Floor
10th of 16
Parking
P2-04
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,800 /yr
Last sold
AED 2.3M · January 2018
Building
Bahwan Tower

About 1008, Bahwan Tower

1008 is a two-bedroom apartment of 1,531 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 28 January 2018 for AED 2,300,000, or AED 1,502 per sqft, in line with the AED 1,507 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 January 2021. The current contract, signed on 23 January 2021, is AED 80,000 a year: a gross yield of 3.5% on the 2018 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Bahwan Tower
1.5M2M2.5M2016201920222025Typical 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, January 2018: AED 2,300,000 (AED 1,502 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, 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, January 2021: AED 80,000 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 Bahwan Tower, and where 1008 sits

All 59 2-beds →

1008 last sold in January 2018 at AED 1,502 per sqft, in line with what two-beds in Bahwan Tower were fetching at the time (AED 1,507). 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. 1008's AED 80,000 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
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
10073-bedAED 2.12M · Aug 2021
1–7 of 8

1008, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 28 January 2018 for AED 2,300,000, or AED 1,502 per sqft.
  • Rented since January 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 3.5%, before a service charge of about AED 31,800 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 23 January 2021.

Questions about 1008, Bahwan Tower

What did unit 1008 last sell for?

AED 2,300,000 on 28 January 2018, sold by the developer: AED 1,502 per sqft for 1,531 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 80,000 a year on the contract signed on 23 January 2021.

How big is unit 1008?

1,531 sqft (142.2 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2018.

What is unit 1008 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 1008, Bahwan Tower

Starts from the last sale price (AED 2.3M, 28 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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