2-bed · 1,294 sqftBahar 1, Jumeirah Beach Residence · 40th floor · completed 2007

4007, Bahar 1

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4007 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.16M28 July 2011
Current rentAED 135K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4007, Bahar 1

What is 4007 worth today?

Last sold for AED 1,161,500 in 2011

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10 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 105 per sqft
20 Jan 2024RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
17 Feb 2023RentedRenewal
AED 91,300/yr10 months · AED 71 per sqft
17 Feb 2022RentedRenewal
AED 73,000/yr12 months · AED 57 per sqft
17 Feb 2021RentedNew contract
AED 73,000/yr12 months · AED 57 per sqft
15 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
20 Dec 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
20 Dec 2017RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
1,294 sqft
Floor
40th of 46
Parking
M51
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 1.16M · July 2011
Building
Bahar 1

About 4007, Bahar 1

4007 is a two-bedroom apartment of 1,294 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 28 July 2011 for AED 1,161,500, or AED 897 per sqft, in line with the AED 894 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 October 2024, is AED 135,000 a year: a gross yield of 11.6% on the 2011 price, before the service charge of about AED 21,200 a year.

Sales and rents for 4007 over time

Sales
Unit 4007, 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, February 2009: AED 599,000 (AED 462 per sqft)Sold, July 2011: AED 1,161,500 (AED 897 per sqft)

4007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4007, 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, December 2013: AED 120,000 a yearNew contract, December 2014: AED 120,000 a yearRenewal, December 2015: AED 119,678 a yearRenewal, December 2016: AED 119,678 a yearRenewal, December 2017: AED 105,000 a yearRenewal, December 2018: AED 105,000 a yearNew contract, January 2020: AED 90,000 a yearNew contract, February 2021: AED 73,000 a yearRenewal, February 2022: AED 73,000 a yearRenewal, February 2023: AED 91,300 a yearNew contract, January 2024: AED 125,000 a yearNew contract, October 2024: AED 135,000 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 4007 sits

All 243 2-beds →

4007 last sold in July 2011 at AED 897 per sqft, in line with what two-beds in Bahar 1 were fetching at the time (AED 894). 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. 4007's AED 135,000 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
40052-bedAED 2.1M · Mar 2023
40062-bedAED 820K · Nov 2008
40082-bedAED 1.5M · May 2008

4007, Bahar 1 in numbers

  • Sold twice: first on 3 February 2009 for AED 599,000, last on 28 July 2011 for AED 1,161,500 (AED 897 per sqft).
  • Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 73,000 in 2022 and recovered to AED 135,000 by October 2024.
  • At AED 135,000 a year the gross yield on the 2011 price is 11.6%, 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 10 October 2024.

Questions about 4007, Bahar 1

What did unit 4007 last sell for?

AED 1,161,500 on 28 July 2011: AED 897 per sqft for 1,294 sqft. The unit has 2 registered sales; the first was AED 599,000 in February 2009.

What is the rent for unit 4007?

AED 135,000 a year on the contract signed on 10 October 2024. The previous contract, from January 2024, was AED 125,000; the unit has been rented since December 2013.

How big is unit 4007?

1,294 sqft (120.2 sqm): a two-bedroom apartment on the 40th floor of a 46-storey tower completed in 2007.

What is unit 4007 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 4007, Bahar 1

Starts from the last sale price (AED 1.16M, 28 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,161,500
Deposit, UAE resident (20%)
AED 232,300
Deposit, non-resident (40%)
AED 464,600
Monthly over 25 years at 3.7%
AED 4,752

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