2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 37th floor · completed 2007

3701, Bahar 1

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 1.3M31 May 2018
Current rentAED 100K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Bahar 1

What is 3701 worth today?

Last sold for AED 1,300,000 in 2018

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20 Oct 2022RentedRenewal
AED 99,750/yr12 months · AED 77 per sqft
20 Oct 2021RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
7 Oct 2020RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
7 Oct 2019RentedNew contract
AED 92,000/yr12 months · AED 71 per sqft
31 May 2018SoldReady
AED 1,300,000AED 1,004 per sqft
29 Dec 2012Sold by developerReady
AED 599,000AED 462 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
37th of 46
Parking
B67
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.3M · May 2018
Building
Bahar 1

About 3701, Bahar 1

3701 is a two-bedroom apartment of 1,294 sqft on the 37th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 May 2018 for AED 1,300,000, or AED 1,004 per sqft, 14% below the AED 1,170 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 99,750 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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 2012: AED 599,000 (AED 462 per sqft)Sold, May 2018: AED 1,300,000 (AED 1,004 per sqft)

3701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, 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, October 2019: AED 92,000 a yearRenewal, October 2020: AED 90,000 a yearNew contract, October 2021: AED 95,000 a yearRenewal, October 2022: AED 99,750 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 3701 sits

All 243 2-beds →

3701 last sold in May 2018 at AED 1,004 per sqft, 14% below what two-beds in Bahar 1 were fetching at the time (AED 1,170). 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. 3701's AED 99,750 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 37th floor

All 330 units in Bahar 1
Value
37022-bedAED 1.55M · Jun 2022
37032-bedAED 599K · Dec 2012
37042-bedAED 599K · Dec 2012
37052-bedAED 516K · Aug 2011
37062-bedAED 516K · Oct 2011
37072-bedAED 900K · May 2018
37082-bedAED 1.6M · Mar 2008

3701, Bahar 1 in numbers

  • Sold twice: first on 29 December 2012 for AED 599,000, last on 31 May 2018 for AED 1,300,000 (AED 1,004 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 92,000 to AED 99,750 a year.
  • At AED 99,750 a year the gross yield on the 2018 price is 7.7%, 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 20 October 2022.

Questions about 3701, Bahar 1

What did unit 3701 last sell for?

AED 1,300,000 on 31 May 2018: AED 1,004 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 599,000 in December 2012.

What is the rent for unit 3701?

AED 99,750 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 95,000; the unit has been rented since October 2019.

How big is unit 3701?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 37th floor of a 46-storey tower completed in 2007.

What is unit 3701 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 3701, Bahar 1

Starts from the last sale price (AED 1.3M, 31 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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