2-bed · 1,300 sqftBahar 1, Jumeirah Beach Residence · 24th floor · completed 2007

2407, Bahar 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 1.7M7 November 2022
Current rentAED 70K /yr27 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Bahar 1

What is 2407 worth today?

Last sold for AED 1,700,000 in 2022

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7 Nov 2022SoldReady
AED 1,700,000AED 1,307 per sqft
27 Apr 2022RentedRenewal
AED 70,324/yr5 months · AED 54 per sqft
27 Apr 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
27 Apr 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
27 Apr 2019RentedNew contract
AED 86,000/yr12 months · AED 66 per sqft
26 Apr 2018RentedRenewal
AED 102,715/yr12 months · AED 79 per sqft
26 Apr 2017RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
1 Dec 2015RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
24th of 46
Parking
G58
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.7M · November 2022
Building
Bahar 1

About 2407, Bahar 1

2407 is a two-bedroom apartment of 1,300 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 7 November 2022 for AED 1,700,000, or AED 1,307 per sqft, 9% above the AED 1,199 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 27 April 2022, is AED 70,324 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, October 2007: AED 599,000 (AED 460 per sqft)Sold, November 2015: AED 1,990,000 (AED 1,530 per sqft)Sold, November 2022: AED 1,700,000 (AED 1,307 per sqft)

2407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, 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, December 2015: AED 145,000 a yearNew contract, April 2017: AED 110,000 a yearRenewal, April 2018: AED 102,715 a yearNew contract, April 2019: AED 86,000 a yearRenewal, April 2020: AED 70,000 a yearRenewal, April 2021: AED 70,000 a yearRenewal, April 2022: AED 70,324 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 2407 sits

All 243 2-beds →

2407 last sold in November 2022 at AED 1,307 per sqft, 9% above what two-beds in Bahar 1 were fetching at the time (AED 1,199). 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. 2407's AED 70,324 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
24012-bedAED 1.65M · Aug 2017
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
24082-bedAED 1.33M · Jul 2021

2407, Bahar 1 in numbers

  • Sold 3 times: first on 4 October 2007 for AED 599,000, last on 7 November 2022 for AED 1,700,000 (AED 1,307 per sqft).
  • Rented since December 2015 on 7 Ejari contracts, from AED 145,000 to AED 70,324 a year.
  • At AED 70,324 a year the gross yield on the 2022 price is 4.1%, 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 7 November 2022.

Questions about 2407, Bahar 1

What did unit 2407 last sell for?

AED 1,700,000 on 7 November 2022: AED 1,307 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2007.

What is the rent for unit 2407?

AED 70,324 a year on the contract renewed on 27 April 2022. The previous contract, from April 2021, was AED 70,000; the unit has been rented since December 2015.

How big is unit 2407?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 24th floor of a 46-storey tower completed in 2007.

What is unit 2407 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 2407, Bahar 1

Starts from the last sale price (AED 1.7M, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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