2-bed · 1,517 sqftBahwan Tower, Downtown Dubai · 12th floor · completed 2018

1206, Bahwan Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 2.35M4 March 2024
Current rentAED 140K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Bahwan Tower

What is 1206 worth today?

Last sold for AED 2,350,000 in 2024

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12 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
4 Mar 2024SoldReady
AED 2,350,000AED 1,548 per sqft
20 Oct 2022RentedNew contract
AED 155,000/yr12 months · AED 102 per sqft
23 Feb 2022RentedNew contract · flagged as an outlier
AED 9,493,959/yr7 months · AED 6,255 per sqft
7 Oct 2021Sold by developerReady
AED 1,620,156AED 1,067 per sqft
23 Feb 2021RentedNew contract
AED 83,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,517 sqft
Floor
12th of 16
Parking
P2-11
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,500 /yr
Last sold
AED 2.35M · March 2024
Building
Bahwan Tower

About 1206, Bahwan Tower

1206 is a two-bedroom apartment of 1,517 sqft on the 12th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. It last sold on 4 March 2024 for AED 2,350,000, or AED 1,548 per sqft, 13% above the AED 1,364 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 August 2024, is AED 140,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 31,500 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, October 2021: AED 1,620,156 (AED 1,067 per sqft)Sold, March 2024: AED 2,350,000 (AED 1,548 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, 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, February 2021: AED 83,000 a yearNew contract, October 2022: AED 155,000 a yearNew contract, August 2024: AED 140,000 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 1206 sits

All 59 2-beds →

1206 last sold in March 2024 at AED 1,548 per sqft, 13% above what two-beds in Bahwan Tower were fetching at the time (AED 1,364). 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. 1206's AED 140,000 is in the upper 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 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
12041-bedAED 1.05M · Sep 2021
12051-bedAED 1.02M · Jan 2022
12073-bedAED 4.1M · Jan 2025
12082-bedAED 2.1M · Aug 2023
1–7 of 8

1206, Bahwan Tower in numbers

  • Sold twice: first on 7 October 2021 for AED 1,620,156, last on 4 March 2024 for AED 2,350,000 (AED 1,548 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 83,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 31,500 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 12 August 2024.

Questions about 1206, Bahwan Tower

What did unit 1206 last sell for?

AED 2,350,000 on 4 March 2024: AED 1,548 per sqft for 1,517 sqft. The unit has 2 registered sales; the first was AED 1,620,156 in October 2021.

What is the rent for unit 1206?

AED 140,000 a year on the contract signed on 12 August 2024. The previous contract, from October 2022, was AED 155,000; the unit has been rented since February 2021.

How big is unit 1206?

1,517 sqft (140.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2018.

What is unit 1206 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 1206, Bahwan Tower

Starts from the last sale price (AED 2.35M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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