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

2408, Bahar 1

Sold prices and rental history: sold 3 times, last in July 2021, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 6 July 2021
Last soldAED 1.33M6 July 2021
Current rentAED 65K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2408, Bahar 1

What is 2408 worth today?

Last sold for AED 1,325,000 in 2021

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6 Jul 2021SoldReady
AED 1,325,000AED 1,018 per sqft
20 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
6 May 2013SoldReady
AED 912,500AED 701 per sqft
6 Jan 2009Sold by developerReady
AED 1,455,000AED 1,118 per sqft

Source: Dubai Land Department. Updated 6 July 2021.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
24th of 46
Parking
G91
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.33M · July 2021
Building
Bahar 1

About 2408, Bahar 1

2408 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 6 July 2021 for AED 1,325,000, or AED 1,018 per sqft, 13% above the AED 902 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2020. The current contract, signed on 20 November 2020, is AED 65,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, 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, January 2009: AED 1,455,000 (AED 1,118 per sqft)Sold, May 2013: AED 912,500 (AED 701 per sqft)Sold, July 2021: AED 1,325,000 (AED 1,018 per sqft)

2408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2408, each contractTypical two-bed in Bahar 1
100K20112015201920232027Typical 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 2020: AED 65,000 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 2408 sits

All 243 2-beds →

2408 last sold in July 2021 at AED 1,018 per sqft, 13% above what two-beds in Bahar 1 were fetching at the time (AED 902). 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. 2408's AED 65,000 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
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
24072-bedAED 1.7M · Nov 2022

2408, Bahar 1 in numbers

  • Sold 3 times: first on 6 January 2009 for AED 1,455,000, last on 6 July 2021 for AED 1,325,000 (AED 1,018 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 4.9%, 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 6 July 2021.

Questions about 2408, Bahar 1

What did unit 2408 last sell for?

AED 1,325,000 on 6 July 2021: AED 1,018 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 1,455,000 in January 2009.

What is the rent for unit 2408?

AED 65,000 a year on the contract signed on 20 November 2020.

How big is unit 2408?

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 2408 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 2408, Bahar 1

Starts from the last sale price (AED 1.33M, 6 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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