2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 15th floor · completed 2007

1501, Bahar 1

Sold prices and rental history: sold 5 times, last in February 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 23 February 2020
Last soldAED 1.05M23 February 2020
Current rentAED 82K /yr5 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Bahar 1

What is 1501 worth today?

Last sold for AED 1,050,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Feb 2020SoldReady
AED 1,050,000AED 811 per sqft
5 Sep 2019RentedRenewal
AED 82,000/yr12 months · AED 63 per sqft
5 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
10 Nov 2017RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
10 Nov 2016RentedRenewal
AED 130,000/yr12 months · AED 101 per sqft
10 Nov 2015RentedNew contract
AED 145,000/yr12 months · AED 112 per sqft
4 Jun 2014SoldReady
AED 2,200,000AED 1,699 per sqft
30 Oct 2008SoldReady
AED 2,500,000AED 1,931 per sqft

Source: Dubai Land Department. Updated 23 February 2020.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
15th of 46
Parking
B82
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.05M · February 2020
Building
Bahar 1

About 1501, Bahar 1

1501 is a two-bedroom apartment of 1,294 sqft on the 15th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 February 2020 for AED 1,050,000, or AED 811 per sqft, 10% below the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 5 September 2019, is AED 82,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 21,200 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 by developer, November 2007: AED 599,000 (AED 462 per sqft)Sold, December 2007: AED 1,500,000 (AED 1,158 per sqft)Sold, October 2008: AED 2,500,000 (AED 1,931 per sqft)Sold, June 2014: AED 2,200,000 (AED 1,699 per sqft)Sold, February 2020: AED 1,050,000 (AED 811 per sqft)

1501 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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, November 2015: AED 145,000 a yearRenewal, November 2016: AED 130,000 a yearRenewal, November 2017: AED 120,000 a yearNew contract, September 2018: AED 95,000 a yearRenewal, September 2019: AED 82,000 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 1501 sits

All 243 2-beds →

1501 last sold in February 2020 at AED 811 per sqft, 10% below what two-beds in Bahar 1 were fetching at the time (AED 899). 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. 1501's AED 82,000 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 15th floor

All 330 units in Bahar 1
Value
15022-bedAED 1.9M · Dec 2013
15031-bedAED 1.5M · Jan 2026
15041-bedAED 1.5M · Nov 2013
15051-bedAED 1.19M · Aug 2021
15061-bedAED 1.28M · May 2022
15072-bedAED 860K · Apr 2008
15082-bedAED 1.78M · Oct 2022

1501, Bahar 1 in numbers

  • Sold 5 times: first on 6 November 2007 for AED 599,000, last on 23 February 2020 for AED 1,050,000 (AED 811 per sqft).
  • Rented since November 2015 on 5 Ejari contracts, from AED 145,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 21,200 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 23 February 2020.

Questions about 1501, Bahar 1

What did unit 1501 last sell for?

AED 1,050,000 on 23 February 2020: AED 811 per sqft for 1,294 sqft. The unit has 5 registered sales; the first was AED 599,000 in November 2007.

What is the rent for unit 1501?

AED 82,000 a year on the contract renewed on 5 September 2019. The previous contract, from September 2018, was AED 95,000; the unit has been rented since November 2015.

How big is unit 1501?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 15th floor of a 46-storey tower completed in 2007.

What is unit 1501 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.

Selling 1501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1501, Bahar 1

Starts from the last sale price (AED 1.05M, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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