2-bed · 1,677 sqftBahwan Tower, Downtown Dubai · 3rd floor · completed 2018

309, Bahwan Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 2.28M13 November 2023
Current rentAED 165K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Bahwan Tower

What is 309 worth today?

Last sold for AED 2,275,000 in 2023

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8 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
8 Oct 2024RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
13 Nov 2023SoldReady
AED 2,275,000AED 1,356 per sqft
8 Oct 2023RentedNew contract
AED 165,000/yr12 months · AED 98 per sqft
1 Dec 2022RentedNew contract
AED 152,000/yr12 months · AED 91 per sqft
10 May 2022Sold by developerReady
AED 1,717,371AED 1,023 per sqft
1 Feb 2022RentedRenewal
AED 84,000/yr12 months · AED 50 per sqft
1 Feb 2021RentedNew contract
AED 84,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
3rd of 16
Parking
P3-34
Developer
Utmost Properties
Completed
2018
Service charge
AED 34,900 /yr
Last sold
AED 2.28M · November 2023
Building
Bahwan Tower

About 309, Bahwan Tower

309 is a two-bedroom apartment of 1,677 sqft on the 3rd floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. It last sold on 13 November 2023 for AED 2,275,000, or AED 1,356 per sqft, in line with the AED 1,349 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 8 October 2024, is AED 165,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 34,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, May 2022: AED 1,717,371 (AED 1,023 per sqft)Sold, November 2023: AED 2,275,000 (AED 1,356 per sqft)

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

Rents
Unit 309, 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 105,000 a yearNew contract, February 2021: AED 84,000 a yearRenewal, February 2022: AED 84,000 a yearNew contract, December 2022: AED 152,000 a yearNew contract, October 2023: AED 165,000 a yearNew contract, October 2024: AED 165,000 a yearNew contract, October 2024: AED 165,000 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 309 sits

All 59 2-beds →

309 last sold in November 2023 at AED 1,356 per sqft, in line with what two-beds in Bahwan Tower were fetching at the time (AED 1,349). 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. 309's AED 165,000 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 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
3041-bedAED 1.06M · Nov 2021
3051-bedAED 1.02M · Jan 2022
3062-bedAED 2.45M · May 2025
3073-bedAED 2.16M · Aug 2021
1–7 of 8

309, Bahwan Tower in numbers

  • Sold twice: first on 10 May 2022 for AED 1,717,371, last on 13 November 2023 for AED 2,275,000 (AED 1,356 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 84,000 in 2022 and recovered to AED 165,000 by October 2024.
  • At AED 165,000 a year the gross yield on the 2023 price is 7.2%, 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 8 October 2024.

Questions about 309, Bahwan Tower

What did unit 309 last sell for?

AED 2,275,000 on 13 November 2023: AED 1,356 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 1,717,371 in May 2022.

What is the rent for unit 309?

AED 165,000 a year on the contract signed on 8 October 2024. The previous contract, from October 2024, was AED 165,000; the unit has been rented since September 2019.

How big is unit 309?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2018.

What is unit 309 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 309, Bahwan Tower

Starts from the last sale price (AED 2.28M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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