2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Bahar 1

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.65M29 August 2017
Current rentAED 125K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Bahar 1

What is 2401 worth today?

Last sold for AED 1,650,000 in 2017

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1 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
5 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
6 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
7 May 2018RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
1 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
29 Aug 2017SoldReady
AED 1,650,000AED 1,274 per sqft
18 Aug 2016RentedNew contract
AED 127,000/yr12 months · AED 98 per sqft
11 Jun 2013RentedNew contract
AED 160,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
24th of 46
Parking
B64
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.65M · August 2017
Building
Bahar 1

About 2401, Bahar 1

2401 is a two-bedroom apartment of 1,294 sqft on the 24th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 August 2017 for AED 1,650,000, or AED 1,274 per sqft, 3% below the AED 1,314 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 125,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, September 2007: AED 599,000 (AED 462 per sqft)Sold, March 2012: AED 1,275,000 (AED 984 per sqft)Sold, August 2017: AED 1,650,000 (AED 1,274 per sqft)

2401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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 yearNew contract, August 2016: AED 127,000 a yearNew contract, October 2017: AED 110,000 a yearNew contract, May 2018: AED 110,000 a yearNew contract, August 2019: AED 90,000 a yearNew contract, October 2022: AED 125,000 a yearNew contract, August 2024: AED 125,000 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 2401 sits

All 243 2-beds →

2401 last sold in August 2017 at AED 1,274 per sqft, 3% below what two-beds in Bahar 1 were fetching at the time (AED 1,314). 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. 2401's AED 125,000 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 24th floor

All 330 units in Bahar 1
Value
24022-bedAED 1.93M · Jan 2024
24031-bedAED 1.52M · Oct 2023
24041-bedAED 1.3M · May 2013
24051-bedAED 1.7M · Feb 2026
24061-bedAED 950K · Nov 2019
24072-bedAED 1.7M · Nov 2022
24082-bedAED 1.33M · Jul 2021

2401, Bahar 1 in numbers

  • Sold 3 times: first on 11 September 2007 for AED 599,000, last on 29 August 2017 for AED 1,650,000 (AED 1,274 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2019 and recovered to AED 125,000 by August 2024.
  • At AED 125,000 a year the gross yield on the 2017 price is 7.6%, 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 1 August 2024.

Questions about 2401, Bahar 1

What did unit 2401 last sell for?

AED 1,650,000 on 29 August 2017: AED 1,274 per sqft for 1,294 sqft. The unit has 3 registered sales; the first was AED 599,000 in September 2007.

What is the rent for unit 2401?

AED 125,000 a year on the contract signed on 1 August 2024. The previous contract, from October 2022, was AED 125,000; the unit has been rented since June 2013.

How big is unit 2401?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 24th floor of a 46-storey tower completed in 2007.

What is unit 2401 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 2401, Bahar 1

Starts from the last sale price (AED 1.65M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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