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

2908, Bahar 1

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 10 January 2018
Last soldAED 1.68M10 January 2018
Current rentAED 120K /yr1 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Bahar 1

What is 2908 worth today?

Last sold for AED 1,675,000 in 2018

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10 Jan 2018SoldReady
AED 1,675,000AED 1,293 per sqft
1 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
19 Nov 2015RentedRenewal
AED 130,000/yr12 months · AED 101 per sqft
19 Nov 2014RentedNew contract
AED 126,000/yr12 months · AED 98 per sqft
19 Nov 2013RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
21 Apr 2009Sold by developerReady
AED 820,000AED 633 per sqft

Source: Dubai Land Department. Updated 10 January 2018.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
29th of 46
Parking
G192
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.68M · January 2018
Building
Bahar 1

About 2908, Bahar 1

2908 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 10 January 2018 for AED 1,675,000, or AED 1,293 per sqft, in line with the AED 1,290 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 October 2016, is AED 120,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, 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 2009: AED 820,000 (AED 633 per sqft)Sold, January 2018: AED 1,675,000 (AED 1,293 per sqft)

2908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2908, 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, November 2013: AED 120,000 a yearNew contract, November 2014: AED 126,000 a yearRenewal, November 2015: AED 130,000 a yearNew contract, October 2016: AED 120,000 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 2908 sits

All 243 2-beds →

2908 last sold in January 2018 at AED 1,293 per sqft, in line with what two-beds in Bahar 1 were fetching at the time (AED 1,290). 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. 2908's AED 120,000 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
29012-bedAED 2.4M · May 2024
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

2908, Bahar 1 in numbers

  • Sold twice: first on 21 April 2009 for AED 820,000, last on 10 January 2018 for AED 1,675,000 (AED 1,293 per sqft).
  • Rented since November 2013 on 4 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 7.2%, 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 10 January 2018.

Questions about 2908, Bahar 1

What did unit 2908 last sell for?

AED 1,675,000 on 10 January 2018: AED 1,293 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 820,000 in April 2009.

What is the rent for unit 2908?

AED 120,000 a year on the contract signed on 1 October 2016. The previous contract, from November 2015, was AED 130,000; the unit has been rented since November 2013.

How big is unit 2908?

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 2908 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 2908, Bahar 1

Starts from the last sale price (AED 1.68M, 10 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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