1-bed · 1,068 sqftBahwan Tower, Downtown Dubai · 12th floor · completed 2018

1203, Bahwan Tower

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 1.58M22 June 2017
Current rentAED 90K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Bahwan Tower

What is 1203 worth today?

Last sold for AED 1,575,000 in 2017

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18 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
15 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 75 per sqft
1 Feb 2021RentedRenewal
AED 68,000/yr12 months · AED 64 per sqft
1 Feb 2020RentedRenewal
AED 75,000/yr12 months · AED 70 per sqft
1 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 75 per sqft
22 Jun 2017Sold by developerOff-plan
AED 1,575,000AED 1,474 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
1-bed apartment
Size
1,068 sqft
Floor
12th of 16
Parking
P2-37
Developer
Utmost Properties
Completed
2018
Service charge
AED 22,200 /yr
Last sold
AED 1.58M · June 2017
Building
Bahwan Tower

About 1203, Bahwan Tower

1203 is a one-bedroom apartment of 1,068 sqft on the 12th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 22 June 2017 for AED 1,575,000, or AED 1,474 per sqft, 4% above the AED 1,416 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 18 January 2023, is AED 90,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 22,200 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in Bahwan Tower
1M1.5M2016201920222025Typical sale price by year: 2016 AED 1,362,500; 2017 AED 1,537,500; 2018 AED 1,515,000; 2021 AED 1,071,285; 2022 AED 1,021,280; 2023 AED 1,400,000; 2025 AED 1,675,000; 2026 AED 1,650,000Sold by developer, June 2017: AED 1,575,000 (AED 1,474 per sqft)

1203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Bahwan Tower
60K80K100K2018202120242027Typical rent by year: 2018 AED 83,750; 2019 AED 85,000; 2020 AED 79,000; 2021 AED 65,000; 2022 AED 76,000; 2023 AED 88,750; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 103,000New contract, February 2019: AED 80,000 a yearRenewal, February 2020: AED 75,000 a yearRenewal, February 2021: AED 68,000 a yearNew contract, January 2022: AED 80,000 a yearNew contract, January 2023: AED 90,000 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 Bahwan Tower, and where 1203 sits

All 44 1-beds →

1203 last sold in June 2017 at AED 1,474 per sqft, 4% above what one-beds in Bahwan Tower were fetching at the time (AED 1,416). Over the last 12 months one-beds sold for AED 1,450,000 to 1,650,000, around AED 1,544 per sqft, and rent for AED 75,000 to 132,000 a year. 1203's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 20261,450,000
20 Feb 20261,650,000
18 Feb 20261,650,000
17 Oct 20251,750,000
3 1-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 12th floor

All 132 units in Bahwan Tower
Value
12013-bedAED 3.25M · Nov 2017
12022-bedAED 2.28M · Apr 2017
12041-bedAED 1.05M · Sep 2021
12051-bedAED 1.02M · Jan 2022
12062-bedAED 2.35M · Mar 2024
12073-bedAED 4.1M · Jan 2025
12082-bedAED 2.1M · Aug 2023
1–7 of 8

1203, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 22 June 2017 for AED 1,575,000, or AED 1,474 per sqft.
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 68,000 in 2021 and recovered to AED 90,000 by January 2023.
  • At AED 90,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 22,200 a year (AED 20.78 per sqft).
  • One-beds in Bahwan Tower sold for AED 1,450,000–1,650,000 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 18 January 2023.

Questions about 1203, Bahwan Tower

What did unit 1203 last sell for?

AED 1,575,000 on 22 June 2017, sold by the developer: AED 1,474 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 90,000 a year on the contract signed on 18 January 2023. The previous contract, from January 2022, was AED 80,000; the unit has been rented since February 2019.

How big is unit 1203?

1,068 sqft (99.2 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2018.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bahwan Tower sold for AED 1,450,000 to 1,650,000 in the last 12 months, around AED 1,544 per sqft.

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Mortgage on 1203, Bahwan Tower

Starts from the last sale price (AED 1.58M, 22 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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