1-bed · 1,068 sqftBahwan Tower, Downtown Dubai · 14th floor · completed 2018

1403, Bahwan Tower

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

Unit 1403 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 1.6M3 April 2017
Current rentAED 120K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Bahwan Tower

What is 1403 worth today?

Last sold for AED 1,600,000 in 2017

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25 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 112 per sqft
15 Apr 2024RentedRenewal
AED 77,000/yr6 months · AED 72 per sqft
15 Apr 2023RentedRenewal
AED 77,000/yr12 months · AED 72 per sqft
15 Apr 2022RentedRenewal
AED 77,000/yr12 months · AED 72 per sqft
15 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
26 Jan 2020RentedRenewal
AED 95,000/yr12 months · AED 89 per sqft
26 Jan 2019RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
3 Apr 2017Sold by developerOff-plan
AED 1,600,000AED 1,498 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
1-bed apartment
Size
1,068 sqft
Floor
14th of 16
Parking
P3-16
Developer
Utmost Properties
Completed
2018
Service charge
AED 22,200 /yr
Last sold
AED 1.6M · April 2017
Building
Bahwan Tower

About 1403, Bahwan Tower

1403 is a one-bedroom apartment of 1,068 sqft on the 14th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 3 April 2017 for AED 1,600,000, or AED 1,498 per sqft, 11% above the AED 1,349 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 25 November 2024, is AED 120,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 22,200 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, April 2017: AED 1,600,000 (AED 1,498 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Bahwan Tower
75K100K125K2018202120242027Typical 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, January 2019: AED 95,000 a yearRenewal, January 2020: AED 95,000 a yearNew contract, April 2021: AED 70,000 a yearRenewal, April 2022: AED 77,000 a yearRenewal, April 2023: AED 77,000 a yearRenewal, April 2024: AED 77,000 a yearNew contract, November 2024: AED 120,000 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 1403 sits

All 44 1-beds →

1403 last sold in April 2017 at AED 1,498 per sqft, 11% above what one-beds in Bahwan Tower were fetching at the time (AED 1,349). 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. 1403's AED 120,000 is in the upper 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 14th floor

All 132 units in Bahwan Tower
Value
14013-bedAED 2.98M · Dec 2016
14022-bedAED 2.08M · Oct 2022
14041-bedAED 1.58M · Jun 2017
14051-bedAED 1.43M · May 2017
14062-bedAED 1.62M · Jul 2021
14073-bedAED 2.98M · May 2017
14082-bedAED 1.61M · Nov 2021
1–7 of 8

1403, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 3 April 2017 for AED 1,600,000, or AED 1,498 per sqft.
  • Rented since January 2019 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 120,000 by November 2024.
  • At AED 120,000 a year the gross yield on the 2017 price is 7.5%, 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 25 November 2024.

Questions about 1403, Bahwan Tower

What did unit 1403 last sell for?

AED 1,600,000 on 3 April 2017, sold by the developer: AED 1,498 per sqft for 1,068 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 120,000 a year on the contract signed on 25 November 2024. The previous contract, from April 2024, was AED 77,000; the unit has been rented since January 2019.

How big is unit 1403?

1,068 sqft (99.2 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2018.

What is unit 1403 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 1403, Bahwan Tower

Starts from the last sale price (AED 1.6M, 3 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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