1-bed · 1,057 sqftBahwan Tower, Downtown Dubai · 12th floor · completed 2018

1204, Bahwan Tower

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

Unit 1204 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 1.05M2 September 2021
Current rentAED 63K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Bahwan Tower

What is 1204 worth today?

Last sold for AED 1,050,000 in 2021

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1 Apr 2022RentedNew contract
AED 63,000/yr12 months · AED 60 per sqft
2 Sep 2021Sold by developerReady
AED 1,050,000AED 993 per sqft
21 Apr 2021RentedNew contract
AED 62,931/yr11 months · AED 60 per sqft
15 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
29 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
1-bed apartment
Size
1,057 sqft
Floor
12th of 16
Parking
P3-30
Developer
Utmost Properties
Completed
2018
Service charge
AED 22,000 /yr
Last sold
AED 1.05M · September 2021
Building
Bahwan Tower

About 1204, Bahwan Tower

1204 is a one-bedroom apartment of 1,057 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 2 September 2021 for AED 1,050,000, or AED 993 per sqft, 4% below the AED 1,039 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 April 2022, is AED 63,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, September 2021: AED 1,050,000 (AED 993 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, 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, April 2019: AED 90,000 a yearNew contract, July 2020: AED 75,000 a yearNew contract, April 2021: AED 62,931 a yearNew contract, April 2022: AED 63,000 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 1204 sits

All 44 1-beds →

1204 last sold in September 2021 at AED 993 per sqft, 4% below what one-beds in Bahwan Tower were fetching at the time (AED 1,039). 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. 1204's AED 63,000 is at the bottom 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
12031-bedAED 1.58M · Jun 2017
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

1204, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 2 September 2021 for AED 1,050,000, or AED 993 per sqft.
  • Rented since April 2019 on 4 Ejari contracts, from AED 90,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 22,000 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 1 April 2022.

Questions about 1204, Bahwan Tower

What did unit 1204 last sell for?

AED 1,050,000 on 2 September 2021, sold by the developer: AED 993 per sqft for 1,057 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 63,000 a year on the contract signed on 1 April 2022. The previous contract, from April 2021, was AED 62,931; the unit has been rented since April 2019.

How big is unit 1204?

1,057 sqft (98.2 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2018.

What is unit 1204 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 1204, Bahwan Tower

Starts from the last sale price (AED 1.05M, 2 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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