3-bed · 2,153 sqftBahwan Tower, Downtown Dubai · 16th floor · completed 2018

1601, Bahwan Tower

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 6 December 2021
Last soldAED 3.05M19 December 2016
Current rentAED 135K /yr6 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Bahwan Tower

What is 1601 worth today?

Last sold for AED 3,050,000 in 2016

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6 Dec 2021RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
6 Feb 2021RentedNew contract
AED 134,482/yr10 months · AED 62 per sqft
6 Dec 2020RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
24 Jan 2019RentedNew contract
AED 230,000/yr36 months · AED 107 per sqft
19 Dec 2016Sold by developerOff-plan
AED 3,050,000AED 1,416 per sqft

Source: Dubai Land Department. Updated 6 December 2021.

Key facts

Type
3-bed apartment
Size
2,153 sqft
Floor
16th of 16
Parking
M-37,M-38
Developer
Utmost Properties
Completed
2018
Service charge
AED 44,700 /yr
Last sold
AED 3.05M · December 2016
Building
Bahwan Tower

About 1601, Bahwan Tower

1601 is a three-bedroom apartment of 2,153 sqft on the 16th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 19 December 2016 for AED 3,050,000, or AED 1,416 per sqft, in line with the AED 1,381 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 6 December 2021, is AED 135,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 44,700 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in Bahwan Tower
2M3M4M2016201920222025Typical sale price by year: 2016 AED 2,975,000; 2017 AED 2,987,500; 2021 AED 2,159,220; 2025 AED 4,100,000Sold by developer, December 2016: AED 3,050,000 (AED 1,416 per sqft)

1601 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, each contractTypical three-bed in Bahwan Tower
150K200K20192021202320252027Typical rent by year: 2019 AED 140,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 151,800; 2023 AED 177,100; 2024 AED 220,690; 2025 AED 227,500; 2026 AED 220,000New contract, January 2019: AED 230,000 a yearNew contract, December 2020: AED 135,000 a yearNew contract, February 2021: AED 134,482 a yearRenewal, December 2021: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bahwan Tower, and where 1601 sits

All 29 3-beds →

1601 last sold in December 2016 at AED 1,416 per sqft, in line with what three-beds in Bahwan Tower were fetching at the time (AED 1,381). Over the last 12 months three-beds sold for AED 2,777,000, around AED 1,363 per sqft, and rent for AED 126,650 to 255,000 a year. 1601's AED 135,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Jul 20262,777,000
27 Aug 20253,900,000
18 Jun 20254,100,000
30 Jan 20254,100,000
1 3-bed sale 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 16th floor

All 132 units in Bahwan Tower
Value
16022-bedAED 2.32M · Aug 2023
16031-bedAED 1.75M · Oct 2025
16041-bedAED 1.68M · Sep 2025
16051-bedAED 1.46M · Oct 2023
16062-bedAED 2.7M · Nov 2024
16073-bedAED 2.22M · Jun 2021
16082-bedAED 1.61M · Aug 2021
1–7 of 8

1601, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 19 December 2016 for AED 3,050,000, or AED 1,416 per sqft.
  • Rented since January 2019 on 4 Ejari contracts, from AED 230,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 44,700 a year (AED 20.78 per sqft).
  • Three-beds in Bahwan Tower sold for AED 2,777,000–2,777,000 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 6 December 2021.

Questions about 1601, Bahwan Tower

What did unit 1601 last sell for?

AED 3,050,000 on 19 December 2016, sold by the developer: AED 1,416 per sqft for 2,153 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 135,000 a year on the contract renewed on 6 December 2021. The previous contract, from February 2021, was AED 134,482; the unit has been rented since January 2019.

How big is unit 1601?

2,153 sqft (200.0 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2018.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bahwan Tower sold for AED 2,777,000 to 2,777,000 in the last 12 months, around AED 1,363 per sqft.

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Mortgage on 1601, Bahwan Tower

Starts from the last sale price (AED 3.05M, 19 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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