2-bed · 1,375 sqftBahar 1, Jumeirah Beach Residence · 40th floor · completed 2007

4005, Bahar 1

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

Unit 4005 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 2.1M7 March 2023
Current rentAED 85K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Bahar 1

What is 4005 worth today?

Last sold for AED 2,100,000 in 2023

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7 Mar 2023SoldReady
AED 2,100,000AED 1,527 per sqft
1 Aug 2022RentedRenewal
AED 85,000/yr12 months · AED 62 per sqft
1 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 62 per sqft
15 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
20 May 2019RentedRenewal
AED 115,000/yr12 months · AED 84 per sqft
20 May 2018RentedRenewal
AED 120,000/yr12 months · AED 87 per sqft
20 May 2017RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft
18 Mar 2016RentedNew contract
AED 125,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
2-bed apartment
Size
1,375 sqft
Floor
40th of 46
Parking
M33
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 2.1M · March 2023
Building
Bahar 1

About 4005, Bahar 1

4005 is a two-bedroom apartment of 1,375 sqft on the 40th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 March 2023 for AED 2,100,000, or AED 1,527 per sqft, 17% above the AED 1,307 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 85,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 22,500 a year.

Sales and rents for 4005 over time

Sales
Unit 4005, 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, November 2008: AED 820,000 (AED 596 per sqft)Sold, March 2023: AED 2,100,000 (AED 1,527 per sqft)

4005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4005, 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, February 2014: AED 121,000 a yearNew contract, March 2015: AED 130,000 a yearNew contract, March 2016: AED 125,000 a yearNew contract, May 2017: AED 125,000 a yearRenewal, May 2018: AED 120,000 a yearRenewal, May 2019: AED 115,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, August 2021: AED 85,000 a yearRenewal, August 2022: AED 85,000 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 4005 sits

All 243 2-beds →

4005 last sold in March 2023 at AED 1,527 per sqft, 17% above what two-beds in Bahar 1 were fetching at the time (AED 1,307). 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. 4005's AED 85,000 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 40th floor

All 330 units in Bahar 1
Value
40012-bedAED 891K · Nov 2008
40022-bedAED 1.16M · Dec 2020
40032-bedAED 599K · Sep 2007
40042-bedAED 599K · Sep 2007
40062-bedAED 820K · Nov 2008
40072-bedAED 1.16M · Jul 2011
40082-bedAED 1.5M · May 2008

4005, Bahar 1 in numbers

  • Sold twice: first on 18 November 2008 for AED 820,000, last on 7 March 2023 for AED 2,100,000 (AED 1,527 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 121,000 to AED 75,000 in 2020 and recovered to AED 85,000 by August 2022.
  • At AED 85,000 a year the gross yield on the 2023 price is 4.0%, 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 7 March 2023.

Questions about 4005, Bahar 1

What did unit 4005 last sell for?

AED 2,100,000 on 7 March 2023: AED 1,527 per sqft for 1,375 sqft. The unit has 2 registered sales; the first was AED 820,000 in November 2008.

What is the rent for unit 4005?

AED 85,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since February 2014.

How big is unit 4005?

1,375 sqft (127.7 sqm): a two-bedroom apartment on the 40th floor of a 46-storey tower completed in 2007.

What is unit 4005 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 4005, Bahar 1

Starts from the last sale price (AED 2.1M, 7 March 2023). 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 →