2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 35th floor · completed 2007

3504, Bahar 1

Sold prices and rental history: sold 4 times, last in July 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 16 July 2017
Last soldAED 1.95M16 July 2017
Current rentAED 150K /yr25 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Bahar 1

What is 3504 worth today?

Last sold for AED 1,950,000 in 2017

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16 Jul 2017SoldReady
AED 1,950,000AED 1,418 per sqft
25 Oct 2016RentedRenewal
AED 150,000/yr12 months · AED 109 per sqft
25 Oct 2015RentedRenewal
AED 150,000/yr12 months · AED 109 per sqft
25 Oct 2014RentedNew contract
AED 165,000/yr12 months · AED 120 per sqft
30 Jul 2013SoldReady
AED 2,300,000AED 1,673 per sqft
23 Sep 2010SoldReady
AED 1,450,000AED 1,054 per sqft
12 Dec 2007Sold by developerReady
AED 599,000AED 435 per sqft

Source: Dubai Land Department. Updated 16 July 2017.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
35th of 46
Parking
M11
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 1.95M · July 2017
Building
Bahar 1

About 3504, Bahar 1

3504 is a two-bedroom apartment of 1,375 sqft on the 35th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 July 2017 for AED 1,950,000, or AED 1,418 per sqft, 8% above the AED 1,314 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 25 October 2016, is AED 150,000 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 22,500 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, December 2007: AED 599,000 (AED 435 per sqft)Sold, September 2010: AED 1,450,000 (AED 1,054 per sqft)Sold, July 2013: AED 2,300,000 (AED 1,673 per sqft)Sold, July 2017: AED 1,950,000 (AED 1,418 per sqft)

3504 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, 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 125,000New contract, October 2014: AED 165,000 a yearRenewal, October 2015: AED 150,000 a yearRenewal, October 2016: AED 150,000 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 3504 sits

All 243 2-beds →

3504 last sold in July 2017 at AED 1,418 per sqft, 8% above what two-beds in Bahar 1 were fetching at the time (AED 1,314). 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. 3504's AED 150,000 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 35th floor

All 330 units in Bahar 1
Value
35012-bedAED 2.1M · Dec 2023
35022-bedAED 1.65M · Feb 2018
35032-bedAED 2.17M · Jun 2023
35052-bedAED 1.32M · Apr 2012
35062-bedAED 2.55M · Dec 2008
35072-bedAED 1.17M · Apr 2019
35082-bedAED 820K · Sep 2007

3504, Bahar 1 in numbers

  • Sold 4 times: first on 12 December 2007 for AED 599,000, last on 16 July 2017 for AED 1,950,000 (AED 1,418 per sqft).
  • Rented since October 2014 on 3 Ejari contracts, from AED 165,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 7.7%, 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 16 July 2017.

Questions about 3504, Bahar 1

What did unit 3504 last sell for?

AED 1,950,000 on 16 July 2017: AED 1,418 per sqft for 1,375 sqft. The unit has 4 registered sales; the first was AED 599,000 in December 2007.

What is the rent for unit 3504?

AED 150,000 a year on the contract renewed on 25 October 2016. The previous contract, from October 2015, was AED 150,000; the unit has been rented since October 2014.

How big is unit 3504?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 35th floor of a 46-storey tower completed in 2007.

What is unit 3504 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 3504, Bahar 1

Starts from the last sale price (AED 1.95M, 16 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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