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2-bed · 1,677 sqftBahwan Tower, Downtown Dubai · 16th floor · completed 2018

1609, Bahwan Tower

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 2.38M2 April 2018
Current rentAED 113K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1609, Bahwan Tower

What is 1609 worth today?

Last sold for AED 2,375,000 in 2018

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1 Sep 2020RentedRenewal
AED 112,500/yr12 months · AED 67 per sqft
1 Sep 2019RentedNew contract
AED 125,000/yr12 months · AED 75 per sqft
2 Apr 2018Sold by developerOff-plan
AED 2,375,000AED 1,416 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
16th of 16
Parking
M-04
Developer
Utmost Properties
Completed
2018
Service charge
AED 34,900 /yr
Last sold
AED 2.38M · April 2018
Building
Bahwan Tower

About 1609, Bahwan Tower

1609 is a two-bedroom apartment of 1,677 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 April 2018 for AED 2,375,000, or AED 1,416 per sqft, 6% below the AED 1,507 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 September 2020, is AED 112,500 a year: a gross yield of 4.7% on the 2018 price, before the service charge of about AED 34,900 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, April 2018: AED 2,375,000 (AED 1,416 per sqft)

1609 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1609, 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, September 2019: AED 125,000 a yearRenewal, September 2020: AED 112,500 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 1609 sits

All 59 2-beds →

1609 last sold in April 2018 at AED 1,416 per sqft, 6% below what two-beds in Bahwan Tower were fetching at the time (AED 1,507). 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. 1609's AED 112,500 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 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

1609, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 2 April 2018 for AED 2,375,000, or AED 1,416 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, from AED 125,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2018 price is 4.7%, before a service charge of about AED 34,900 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 September 2020.

Questions about 1609, Bahwan Tower

What did unit 1609 last sell for?

AED 2,375,000 on 2 April 2018, sold by the developer: AED 1,416 per sqft for 1,677 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 112,500 a year on the contract renewed on 1 September 2020. The previous contract, from September 2019, was AED 125,000.

How big is unit 1609?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2018.

What is unit 1609 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 1609, Bahwan Tower

Starts from the last sale price (AED 2.38M, 2 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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