2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Bahar 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 2.4M15 May 2024
Current rentAED 90K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Bahar 1

What is 2901 worth today?

Last sold for AED 2,400,000 in 2024

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15 May 2024SoldReady
AED 2,400,000AED 1,854 per sqft
20 Mar 2023SoldReady
AED 1,685,000AED 1,301 per sqft
5 Mar 2023RentedRenewal
AED 90,000/yr4 months · AED 70 per sqft
5 Mar 2022RentedRenewal
AED 82,000/yr12 months · AED 63 per sqft
5 Mar 2021RentedRenewal
AED 78,000/yr12 months · AED 60 per sqft
5 Oct 2020RentedRenewal
AED 92,501/yr5 months · AED 72 per sqft
5 Oct 2019RentedRenewal
AED 92,500/yr12 months · AED 72 per sqft
5 Oct 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
29th of 46
Parking
B75
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.4M · May 2024
Building
Bahar 1

About 2901, Bahar 1

2901 is a two-bedroom apartment of 1,294 sqft on the 29th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 May 2024 for AED 2,400,000, or AED 1,854 per sqft, 25% above the AED 1,480 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 March 2023, is AED 90,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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 2008: AED 750,000 (AED 579 per sqft)Sold, March 2023: AED 1,685,000 (AED 1,301 per sqft)Sold, May 2024: AED 2,400,000 (AED 1,854 per sqft)

2901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, each contractTypical two-bed in Bahar 1
75K100K125K20112015201920232027Typical 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, July 2013: AED 115,000 a yearNew contract, July 2014: AED 126,500 a yearNew contract, July 2015: AED 132,825 a yearRenewal, July 2016: AED 130,825 a yearNew contract, October 2017: AED 105,000 a yearRenewal, October 2018: AED 105,000 a yearRenewal, October 2019: AED 92,500 a yearRenewal, October 2020: AED 92,501 a yearRenewal, March 2021: AED 78,000 a yearRenewal, March 2022: AED 82,000 a yearRenewal, March 2023: AED 90,000 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 2901 sits

All 243 2-beds →

2901 last sold in May 2024 at AED 1,854 per sqft, 25% above what two-beds in Bahar 1 were fetching at the time (AED 1,480). 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. 2901's AED 90,000 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 29th floor

All 330 units in Bahar 1
Value
29022-bedAED 820K · Apr 2012
29032-bedAED 1.9M · Nov 2022
29042-bedAED 1.88M · May 2017
29052-bedAED 2.13M · Mar 2009
29062-bedAED 1.03M · Feb 2013
29072-bedAED 2M · May 2025
29082-bedAED 1.68M · Jan 2018

2901, Bahar 1 in numbers

  • Sold 3 times: first on 17 September 2008 for AED 750,000, last on 15 May 2024 for AED 2,400,000 (AED 1,854 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 78,000 in 2021 and recovered to AED 90,000 by March 2023.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.8%, 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 15 May 2024.

Questions about 2901, Bahar 1

What did unit 2901 last sell for?

AED 2,400,000 on 15 May 2024: AED 1,854 per sqft for 1,294 sqft. The unit has 3 registered sales; the first was AED 750,000 in September 2008.

What is the rent for unit 2901?

AED 90,000 a year on the contract renewed on 5 March 2023. The previous contract, from March 2022, was AED 82,000; the unit has been rented since July 2013.

How big is unit 2901?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 29th floor of a 46-storey tower completed in 2007.

What is unit 2901 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 2901, Bahar 1

Starts from the last sale price (AED 2.4M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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