2-bed · 1,316 sqftBahar 1, Jumeirah Beach Residence · 10th floor · completed 2007

1008, Bahar 1

Sold prices and rental history: sold 5 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.85M23 August 2023
Current rentAED 100K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Bahar 1

What is 1008 worth today?

Last sold for AED 1,850,000 in 2023

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1 Mar 2024RentedRenewal
AED 100,000/yr6 months · AED 76 per sqft
23 Aug 2023SoldReady
AED 1,850,000AED 1,405 per sqft
1 Mar 2023RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
1 Mar 2022RentedRenewal
AED 84,000/yr12 months · AED 64 per sqft
1 Mar 2021RentedNew contract
AED 78,000/yr12 months · AED 59 per sqft
10 Feb 2021SoldReady
AED 1,250,000AED 949 per sqft
8 Dec 2019RentedRenewal
AED 95,000/yr12 months · AED 72 per sqft
8 Dec 2018RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,316 sqft
Floor
10th of 46
Parking
G171
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,500 /yr
Last sold
AED 1.85M · August 2023
Building
Bahar 1

About 1008, Bahar 1

1008 is a two-bedroom apartment of 1,316 sqft on the 10th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 August 2023 for AED 1,850,000, or AED 1,405 per sqft, 3% above the AED 1,364 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 100,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Bahar 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 820,000; 2008 AED 1,031,900; 2009 AED 860,000; 2010 AED 1,050,000; 2011 AED 1,168,250; 2012 AED 1,265,000; 2013 AED 1,490,000; 2014 AED 1,875,500; 2015 AED 1,680,000; 2016 AED 1,767,500; 2017 AED 1,680,000; 2018 AED 1,532,500; 2019 AED 1,248,026; 2020 AED 1,105,556; 2021 AED 1,312,500; 2022 AED 1,700,000; 2023 AED 1,850,000; 2024 AED 2,050,000; 2025 AED 2,100,000; 2026 AED 2,000,000Sold, September 2007: AED 1,300,000 (AED 987 per sqft)Sold by developer, September 2007: AED 820,000 (AED 623 per sqft)Sold, March 2010: AED 1,350,000 (AED 1,025 per sqft)Sold, February 2021: AED 1,250,000 (AED 949 per sqft)Sold, August 2023: AED 1,850,000 (AED 1,405 per sqft)

1008 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Bahar 1
100K150K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 120,000; 2014 AED 126,500; 2015 AED 130,000; 2016 AED 129,651; 2017 AED 123,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 78,000; 2022 AED 91,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 125,500New contract, June 2013: AED 160,000 a yearRenewal, June 2014: AED 160,000 a yearNew contract, December 2016: AED 125,000 a yearRenewal, December 2017: AED 125,000 a yearRenewal, December 2018: AED 110,000 a yearRenewal, December 2019: AED 95,000 a yearNew contract, March 2021: AED 78,000 a yearRenewal, March 2022: AED 84,000 a yearRenewal, March 2023: AED 90,000 a yearRenewal, March 2024: AED 100,000 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 Bahar 1, and where 1008 sits

All 243 2-beds →

1008 last sold in August 2023 at AED 1,405 per sqft, 3% above what two-beds in Bahar 1 were fetching at the time (AED 1,364). Over the last 12 months two-beds sold for AED 1,000,000 to 2,600,000, around AED 1,545 per sqft, and rent for AED 50,000 to 1,000,000 a year. 1008's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
2 Oct 20262,000,000
11 Sep 20261,758,396
7 Sep 20261,858,000
13 2-bed sales in the last 12 months

Bahar 1

Building

330 apartments, studios to 4-bed over 46 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 21 sold in the last 12 months.

Typical price per sqft
AED 1,455 Down 6.4%
Typical sale
AED 1.86M
Typical rent
AED 120K /yr
Typical yield
6.3%
Bahar 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 330 units in Bahar 1
Value
10012-bedAED 1.69M · Jan 2008
10022-bedAED 1.67M · Mar 2023
10031-bedAED 1.2M · Aug 2018
10041-bedAED 1.3M · Feb 2017
10051-bedAED 1.45M · May 2023
10061-bedAED 1.09M · Jul 2015
10072-bedAED 1.75M · Dec 2015

1008, Bahar 1 in numbers

  • Sold 5 times: first on 9 September 2007 for AED 820,000, last on 23 August 2023 for AED 1,850,000 (AED 1,405 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 78,000 in 2021 and recovered to AED 100,000 by March 2024.
  • At AED 100,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 21,500 a year (AED 16.36 per sqft).
  • Two-beds in Bahar 1 sold for AED 1,000,000–2,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,455 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 1008, Bahar 1

What did unit 1008 last sell for?

AED 1,850,000 on 23 August 2023: AED 1,405 per sqft for 1,316 sqft. The unit has 5 registered sales; the first was AED 820,000 in September 2007.

What is the rent for unit 1008?

AED 100,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 90,000; the unit has been rented since June 2013.

How big is unit 1008?

1,316 sqft (122.3 sqm): a two-bedroom apartment on the 10th floor of a 46-storey tower completed in 2007.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bahar 1 sold for AED 1,000,000 to 2,600,000 in the last 12 months, around AED 1,545 per sqft.

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Mortgage on 1008, Bahar 1

Starts from the last sale price (AED 1.85M, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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