2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 34th floor · completed 2007

3404, Bahar 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 599K12 May 2008
Current rentAED 97K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Bahar 1

What is 3404 worth today?

Last sold for AED 599,000 in 2008

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1 Oct 2023RentedRenewal
AED 97,405/yr12 months · AED 71 per sqft
1 Oct 2022RentedRenewal
AED 88,550/yr12 months · AED 64 per sqft
1 Oct 2021RentedRenewal
AED 77,000/yr12 months · AED 56 per sqft
1 Oct 2020RentedRenewal
AED 72,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
14 Mar 2019RentedRenewal
AED 126,182/yr6 months · AED 92 per sqft
14 Sep 2018RentedRenewal
AED 126,184/yr6 months · AED 92 per sqft
14 Sep 2017RentedRenewal
AED 126,183/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
34th of 46
Parking
M10
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 599K · May 2008
Building
Bahar 1

About 3404, Bahar 1

3404 is a two-bedroom apartment of 1,375 sqft on the 34th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 May 2008 for AED 599,000, or AED 435 per sqft, 34% below the AED 661 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 97,405 a year: a gross yield of 16.3% on the 2008 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, 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, May 2008: AED 599,000 (AED 435 per sqft)

3404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3404, 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, March 2012: AED 90,000 a yearRenewal, March 2013: AED 90,000 a yearNew contract, September 2013: AED 95,000 a yearNew contract, September 2014: AED 109,250 a yearNew contract, September 2016: AED 126,183 a yearRenewal, September 2017: AED 126,183 a yearRenewal, September 2018: AED 126,184 a yearRenewal, March 2019: AED 126,182 a yearNew contract, October 2019: AED 80,000 a yearRenewal, October 2020: AED 72,000 a yearRenewal, October 2021: AED 77,000 a yearRenewal, October 2022: AED 88,550 a yearRenewal, October 2023: AED 97,405 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 3404 sits

All 243 2-beds →

3404 last sold in May 2008 at AED 435 per sqft, 34% below what two-beds in Bahar 1 were fetching at the time (AED 661). 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. 3404's AED 97,405 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
34022-bedAED 2.1M · Jun 2024
34032-bedAED 599K · Oct 2008
34052-bedAED 2.1M · Mar 2023
34062-bedAED 2.18M · Dec 2023
34072-bedAED 599K · Apr 2010
34082-bedAED 1.55M · Jul 2022

3404, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 12 May 2008 for AED 599,000, or AED 435 per sqft.
  • Rented since March 2012 on 13 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2020 and recovered to AED 97,405 by October 2023.
  • At AED 97,405 a year the gross yield on the 2008 price is 16.3%, before a service charge of about AED 22,500 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 1 October 2023.

Questions about 3404, Bahar 1

What did unit 3404 last sell for?

AED 599,000 on 12 May 2008, sold by the developer: AED 435 per sqft for 1,375 sqft. It is the only registered sale of the unit.

What is the rent for unit 3404?

AED 97,405 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 88,550; the unit has been rented since March 2012.

How big is unit 3404?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 34th floor of a 46-storey tower completed in 2007.

What is unit 3404 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 3404, Bahar 1

Starts from the last sale price (AED 599K, 12 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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