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2-bed · 1,531 sqftBahwan Tower, Downtown Dubai · 14th floor · completed 2018

1408, Bahwan Tower

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

Unit 1408 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 1.61M28 November 2021
Current rentAED 92K /yr4 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1408, Bahwan Tower

What is 1408 worth today?

Last sold for AED 1,607,550 in 2021

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28 Nov 2021Sold by developerReady
AED 1,607,550AED 1,050 per sqft
4 Oct 2020RentedNew contract
AED 92,000/yr12 months · AED 60 per sqft
24 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
2-bed apartment
Size
1,531 sqft
Floor
14th of 16
Parking
P2-02
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,800 /yr
Last sold
AED 1.61M · November 2021
Building
Bahwan Tower

About 1408, Bahwan Tower

1408 is a two-bedroom apartment of 1,531 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 28 November 2021 for AED 1,607,550, or AED 1,050 per sqft, in line with the AED 1,049 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 4 October 2020, is AED 92,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, November 2021: AED 1,607,550 (AED 1,050 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, August 2019: AED 120,000 a yearNew contract, October 2020: AED 92,000 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 1408 sits

All 59 2-beds →

1408 last sold in November 2021 at AED 1,050 per sqft, in line with what two-beds in Bahwan Tower were fetching at the time (AED 1,049). 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. 1408's AED 92,000 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 14th floor

All 132 units in Bahwan Tower
Value
14013-bedAED 2.98M · Dec 2016
14022-bedAED 2.08M · Oct 2022
14031-bedAED 1.6M · Apr 2017
14041-bedAED 1.58M · Jun 2017
14051-bedAED 1.43M · May 2017
14062-bedAED 1.62M · Jul 2021
14073-bedAED 2.98M · May 2017
1–7 of 8

1408, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 28 November 2021 for AED 1,607,550, or AED 1,050 per sqft.
  • Rented since August 2019 on 2 Ejari contracts, from AED 120,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2021 price is 5.7%, 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 28 November 2021.

Questions about 1408, Bahwan Tower

What did unit 1408 last sell for?

AED 1,607,550 on 28 November 2021, sold by the developer: AED 1,050 per sqft for 1,531 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 92,000 a year on the contract signed on 4 October 2020. The previous contract, from August 2019, was AED 120,000.

How big is unit 1408?

1,531 sqft (142.2 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2018.

What is unit 1408 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 1408, Bahwan Tower

Starts from the last sale price (AED 1.61M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,607,550
Deposit, UAE resident (20%)
AED 321,510
Deposit, non-resident (40%)
AED 643,020
Monthly over 25 years at 3.7%
AED 6,577

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