2-bed · 1,509 sqftBahwan Tower, Downtown Dubai · 7th floor · completed 2018

702, Bahwan Tower

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 2.2M18 December 2023
Current rentAED 140K /yr18 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bahwan Tower

What is 702 worth today?

Last sold for AED 2,200,000 in 2023

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18 Dec 2023SoldReady
AED 2,200,000AED 1,457 per sqft
18 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 93 per sqft
10 May 2022RentedRenewal
AED 100,000/yr12 months · AED 66 per sqft
10 May 2021RentedRenewal
AED 90,000/yr12 months · AED 60 per sqft
10 May 2020RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
10 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
11 Apr 2017Sold by developerOff-plan
AED 2,275,000AED 1,507 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
2-bed apartment
Size
1,509 sqft
Floor
7th of 16
Parking
P2-39
Developer
Utmost Properties
Completed
2018
Service charge
AED 31,400 /yr
Last sold
AED 2.2M · December 2023
Building
Bahwan Tower

About 702, Bahwan Tower

702 is a two-bedroom apartment of 1,509 sqft on the 7th floor of Bahwan Tower, a 16-storey tower in Downtown Dubai completed in 2018 by Utmost Properties. It last sold on 18 December 2023 for AED 2,200,000, or AED 1,457 per sqft, 8% above the AED 1,349 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 18 November 2022, is AED 140,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 31,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 2017: AED 2,275,000 (AED 1,507 per sqft)Sold, December 2023: AED 2,200,000 (AED 1,457 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Bahwan Tower
100K150K2018202120242027Typical 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, December 2018: AED 130,000 a yearNew contract, May 2020: AED 90,000 a yearRenewal, May 2021: AED 90,000 a yearRenewal, May 2022: AED 100,000 a yearNew contract, November 2022: AED 140,000 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 702 sits

All 59 2-beds →

702 last sold in December 2023 at AED 1,457 per sqft, 8% above 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. 702's AED 140,000 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 7th floor

All 132 units in Bahwan Tower
Value
7013-bedAED 4.1M · Jun 2025
7031-bedAED 1.52M · Jun 2018
7041-bedAED 1.11M · Mar 2022
7051-bedAED 1.02M · Jan 2022
7062-bedAED 1.59M · Mar 2022
7073-bedAED 3.9M · Aug 2025
7082-bedAED 1.54M · Aug 2021
1–7 of 8

702, Bahwan Tower in numbers

  • Sold twice: first on 11 April 2017 for AED 2,275,000, last on 18 December 2023 for AED 2,200,000 (AED 1,457 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 140,000 by November 2022.
  • At AED 140,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 31,400 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 18 December 2023.

Questions about 702, Bahwan Tower

What did unit 702 last sell for?

AED 2,200,000 on 18 December 2023: AED 1,457 per sqft for 1,509 sqft. The unit has 2 registered sales; the first was AED 2,275,000 in April 2017.

What is the rent for unit 702?

AED 140,000 a year on the contract signed on 18 November 2022. The previous contract, from May 2022, was AED 100,000; the unit has been rented since December 2018.

How big is unit 702?

1,509 sqft (140.2 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2018.

What is unit 702 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 702, Bahwan Tower

Starts from the last sale price (AED 2.2M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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