2-bed · 1,300 sqftBahar 1, Jumeirah Beach Residence · 15th floor · completed 2007

1508, Bahar 1

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 1.78M27 October 2022
Current rentAED 85K /yr8 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Bahar 1

What is 1508 worth today?

Last sold for AED 1,775,000 in 2022

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27 Oct 2022SoldReady
AED 1,775,000AED 1,364 per sqft
8 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
1 Nov 2020RentedNew contract
AED 63,000/yr12 months · AED 48 per sqft
11 Jul 2020RentedRenewal
AED 83,000/yr3 months · AED 64 per sqft
11 Jul 2019RentedNew contract
AED 83,000/yr12 months · AED 64 per sqft
20 Jan 2019RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
20 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
14 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
15th of 46
Parking
G173
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.78M · October 2022
Building
Bahar 1

About 1508, Bahar 1

1508 is a two-bedroom apartment of 1,300 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 27 October 2022 for AED 1,775,000, or AED 1,364 per sqft, 14% above the AED 1,197 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 8 November 2021, is AED 85,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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, April 2008: AED 1,455,000 (AED 1,118 per sqft)Sold, February 2014: AED 2,550,000 (AED 1,960 per sqft)Sold, May 2016: AED 1,700,000 (AED 1,307 per sqft)Sold, October 2022: AED 1,775,000 (AED 1,364 per sqft)

1508 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Bahar 1
50K100K150K20112015201920232027Typical 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 2016: AED 125,000 a yearNew contract, January 2017: AED 110,000 a yearNew contract, June 2017: AED 140,000 a yearNew contract, January 2018: AED 110,000 a yearRenewal, January 2019: AED 105,000 a yearNew contract, July 2019: AED 83,000 a yearRenewal, July 2020: AED 83,000 a yearNew contract, November 2020: AED 63,000 a yearNew contract, November 2021: AED 85,000 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 1508 sits

All 243 2-beds →

1508 last sold in October 2022 at AED 1,364 per sqft, 14% above what two-beds in Bahar 1 were fetching at the time (AED 1,197). 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. 1508's AED 85,000 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
15012-bedAED 1.05M · Feb 2020
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

1508, Bahar 1 in numbers

  • Sold 4 times: first on 23 April 2008 for AED 1,455,000, last on 27 October 2022 for AED 1,775,000 (AED 1,364 per sqft).
  • Rented since June 2016 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 63,000 in 2020 and recovered to AED 85,000 by November 2021.
  • At AED 85,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 21,300 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 27 October 2022.

Questions about 1508, Bahar 1

What did unit 1508 last sell for?

AED 1,775,000 on 27 October 2022: AED 1,364 per sqft for 1,300 sqft. The unit has 4 registered sales; the first was AED 1,455,000 in April 2008.

What is the rent for unit 1508?

AED 85,000 a year on the contract signed on 8 November 2021. The previous contract, from November 2020, was AED 63,000; the unit has been rented since June 2016.

How big is unit 1508?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 15th floor of a 46-storey tower completed in 2007.

What is unit 1508 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 1508, Bahar 1

Starts from the last sale price (AED 1.78M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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