2-bed · 1,531 sqftBahwan Tower, Downtown Dubai · 16th floor · completed 2018

1608, Bahwan Tower

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.61M2 August 2021
Current rentAED 75K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Bahwan Tower

What is 1608 worth today?

Last sold for AED 1,607,550 in 2021

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1 Jul 2024RentedRenewal
AED 75,104/yr24 months · AED 49 per sqft
1 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
1 Mar 2022RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
2 Aug 2021Sold by developerReady
AED 1,607,550AED 1,050 per sqft
1 Mar 2021RentedRenewal
AED 92,000/yr12 months · AED 60 per sqft
1 Mar 2020RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,531 sqft
Floor
16th of 16
Parking
P2-46
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,800 /yr
Last sold
AED 1.61M · August 2021
Building
Bahwan Tower

About 1608, Bahwan Tower

1608 is a two-bedroom apartment of 1,531 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 2 August 2021 for AED 1,607,550, or AED 1,050 per sqft, in line with the AED 1,059 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 75,104 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 31,800 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, August 2021: AED 1,607,550 (AED 1,050 per sqft)

1608 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, 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, March 2020: AED 105,000 a yearRenewal, March 2021: AED 92,000 a yearNew contract, March 2022: AED 100,000 a yearNew contract, July 2023: AED 150,000 a yearRenewal, July 2024: AED 75,104 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 1608 sits

All 59 2-beds →

1608 last sold in August 2021 at AED 1,050 per sqft, in line with what two-beds in Bahwan Tower were fetching at the time (AED 1,059). 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. 1608's AED 75,104 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 16th floor

All 132 units in Bahwan Tower
Value
16013-bedAED 3.05M · Dec 2016
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
1–7 of 8

1608, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 2 August 2021 for AED 1,607,550, or AED 1,050 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 105,000 to AED 75,104 a year.
  • At AED 75,104 a year the gross yield on the 2021 price is 4.7%, 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 1 July 2024.

Questions about 1608, Bahwan Tower

What did unit 1608 last sell for?

AED 1,607,550 on 2 August 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 1608?

AED 75,104 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 150,000; the unit has been rented since March 2020.

How big is unit 1608?

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

What is unit 1608 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 1608, Bahwan Tower

Starts from the last sale price (AED 1.61M, 2 August 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 →