2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Bahar 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 2.05M27 October 2023
Current rentAED 74K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Bahar 1

What is 3401 worth today?

Last sold for AED 2,050,000 in 2023

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27 Oct 2023SoldReady
AED 2,050,000AED 1,583 per sqft
1 Jun 2021RentedRenewal
AED 74,000/yr24 months · AED 57 per sqft
1 Jun 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
24 May 2019RentedNew contract
AED 88,105/yr12 months · AED 68 per sqft
26 Dec 2016RentedRenewal
AED 130,000/yr12 months · AED 101 per sqft
26 Dec 2015RentedRenewal
AED 128,000/yr12 months · AED 99 per sqft
25 Dec 2014RentedNew contract
AED 129,651/yr12 months · AED 100 per sqft
4 May 2008SoldReady
AED 1,553,400AED 1,200 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
34th of 46
Parking
B70
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.05M · October 2023
Building
Bahar 1

About 3401, Bahar 1

3401 is a two-bedroom apartment of 1,294 sqft on the 34th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 October 2023 for AED 2,050,000, or AED 1,583 per sqft, 13% above the AED 1,398 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 74,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, May 2008: AED 1,553,400 (AED 1,200 per sqft)Sold, October 2023: AED 2,050,000 (AED 1,583 per sqft)

3401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, 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, December 2014: AED 129,651 a yearRenewal, December 2015: AED 128,000 a yearRenewal, December 2016: AED 130,000 a yearNew contract, May 2019: AED 88,105 a yearRenewal, June 2020: AED 70,000 a yearRenewal, June 2021: AED 74,000 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 3401 sits

All 243 2-beds →

3401 last sold in October 2023 at AED 1,583 per sqft, 13% above what two-beds in Bahar 1 were fetching at the time (AED 1,398). 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. 3401's AED 74,000 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 34th floor

All 330 units in Bahar 1
Value
34022-bedAED 2.1M · Jun 2024
34032-bedAED 599K · Oct 2008
34042-bedAED 599K · May 2008
34052-bedAED 2.1M · Mar 2023
34062-bedAED 2.18M · Dec 2023
34072-bedAED 599K · Apr 2010
34082-bedAED 1.55M · Jul 2022

3401, Bahar 1 in numbers

  • Sold 3 times: first on 30 September 2007 for AED 599,000, last on 27 October 2023 for AED 2,050,000 (AED 1,583 per sqft).
  • Rented since December 2014 on 6 Ejari contracts, from AED 129,651 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2023 price is 3.6%, 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 27 October 2023.

Questions about 3401, Bahar 1

What did unit 3401 last sell for?

AED 2,050,000 on 27 October 2023: AED 1,583 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 3401?

AED 74,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 70,000; the unit has been rented since December 2014.

How big is unit 3401?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 34th floor of a 46-storey tower completed in 2007.

What is unit 3401 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 3401, Bahar 1

Starts from the last sale price (AED 2.05M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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