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

3402, Bahar 1

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 2.1M5 June 2024
Current rentAED 70K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Bahar 1

What is 3402 worth today?

Last sold for AED 2,100,000 in 2024

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5 Jun 2024SoldReady
AED 2,100,000AED 1,622 per sqft
15 Mar 2021RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
21 Jan 2020SoldReady
AED 1,150,000AED 888 per sqft
10 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
1 Mar 2017RentedRenewal
AED 125,000/yr12 months · AED 97 per sqft
1 Mar 2016RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
22 Jun 2013RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
8 May 2012SoldReady
AED 710,000AED 548 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
34th of 46
Parking
M70
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 2.1M · June 2024
Building
Bahar 1

About 3402, Bahar 1

3402 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 5 June 2024 for AED 2,100,000, or AED 1,622 per sqft, 4% above the AED 1,555 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 March 2021, is AED 70,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 2008: AED 1,455,000 (AED 1,124 per sqft)Sold, March 2011: AED 1,150,000 (AED 888 per sqft)Sold, May 2012: AED 710,000 (AED 548 per sqft)Sold, January 2020: AED 1,150,000 (AED 888 per sqft)Sold, June 2024: AED 2,100,000 (AED 1,622 per sqft)

3402 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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, June 2013: AED 150,000 a yearNew contract, March 2016: AED 130,000 a yearRenewal, March 2017: AED 125,000 a yearNew contract, June 2018: AED 100,000 a yearNew contract, March 2021: AED 70,000 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 3402 sits

All 243 2-beds →

3402 last sold in June 2024 at AED 1,622 per sqft, 4% above what two-beds in Bahar 1 were fetching at the time (AED 1,555). 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. 3402's AED 70,000 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
34012-bedAED 2.05M · Oct 2023
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

3402, Bahar 1 in numbers

  • Sold 5 times: first on 13 October 2008 for AED 1,455,000, last on 5 June 2024 for AED 2,100,000 (AED 1,622 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 150,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 3.3%, 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 5 June 2024.

Questions about 3402, Bahar 1

What did unit 3402 last sell for?

AED 2,100,000 on 5 June 2024: AED 1,622 per sqft for 1,294 sqft. The unit has 5 registered sales; the first was AED 1,455,000 in October 2008.

What is the rent for unit 3402?

AED 70,000 a year on the contract signed on 15 March 2021. The previous contract, from June 2018, was AED 100,000; the unit has been rented since June 2013.

How big is unit 3402?

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 3402 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 3402, Bahar 1

Starts from the last sale price (AED 2.1M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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