1-bed · 1,057 sqftBahwan Tower, Downtown Dubai · 3rd floor · completed 2018

304, Bahwan Tower

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

Unit 304 · DLD and Ejari recordsUpdated 22 August 2024
Last soldAED 1.06M18 November 2021
Current rentAED 120K /yr22 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Bahwan Tower

What is 304 worth today?

Last sold for AED 1,058,000 in 2021

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22 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 114 per sqft
18 Nov 2021Sold by developerReady
AED 1,058,000AED 1,001 per sqft
1 May 2021RentedRenewal
AED 70,000/yr6 months · AED 66 per sqft
1 May 2020RentedRenewal
AED 76,000/yr12 months · AED 72 per sqft
1 May 2019RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 22 August 2024.

Key facts

Type
1-bed apartment
Size
1,057 sqft
Floor
3rd of 16
Parking
P3-07
Developer
Utmost Properties
Completed
2018
Service charge
AED 22,000 /yr
Last sold
AED 1.06M · November 2021
Building
Bahwan Tower

About 304, Bahwan Tower

304 is a one-bedroom apartment of 1,057 sqft on the 3rd floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. The developer sold it on 18 November 2021 for AED 1,058,000, or AED 1,001 per sqft, 4% below the AED 1,039 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 22 August 2024, is AED 120,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 22,000 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, November 2021: AED 1,058,000 (AED 1,001 per sqft)

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

Rents
Unit 304, 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, May 2019: AED 80,000 a yearRenewal, May 2020: AED 76,000 a yearRenewal, May 2021: AED 70,000 a yearNew contract, August 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 304 sits

All 44 1-beds →

304 last sold in November 2021 at AED 1,001 per sqft, 4% below what one-beds in Bahwan Tower were fetching at the time (AED 1,039). 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. 304'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 3rd floor

All 132 units in Bahwan Tower
Value
3013-bedAED 2.3M · Jul 2021
3022-bedAED 2.5M · Jun 2025
3031-bedAED 1.65M · Feb 2026
3051-bedAED 1.02M · Jan 2022
3062-bedAED 2.45M · May 2025
3073-bedAED 2.16M · Aug 2021
3082-bedAED 1.61M · Mar 2022
1–7 of 8

304, Bahwan Tower in numbers

  • Sold once: by Utmost Properties on 18 November 2021 for AED 1,058,000, or AED 1,001 per sqft.
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 120,000 by August 2024.
  • At AED 120,000 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 22,000 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 22 August 2024.

Questions about 304, Bahwan Tower

What did unit 304 last sell for?

AED 1,058,000 on 18 November 2021, sold by the developer: AED 1,001 per sqft for 1,057 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 120,000 a year on the contract signed on 22 August 2024. The previous contract, from May 2021, was AED 70,000; the unit has been rented since May 2019.

How big is unit 304?

1,057 sqft (98.2 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2018.

What is unit 304 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 304, Bahwan Tower

Starts from the last sale price (AED 1.06M, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,058,000
Deposit, UAE resident (20%)
AED 211,600
Deposit, non-resident (40%)
AED 423,200
Monthly over 25 years at 3.7%
AED 4,329

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