1-bed · 1,286 sqftBahar 1, Jumeirah Beach Residence · 5th floor · completed 2007

503, Bahar 1

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

Unit 503 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 400K16 February 2011
Current rentAED 66K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Bahar 1

What is 503 worth today?

Last sold for AED 400,000 in 2011

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15 Sep 2022RentedRenewal
AED 66,000/yr12 months · AED 52 per sqft
15 Sep 2021RentedNew contract
AED 66,000/yr12 months · AED 52 per sqft
1 Aug 2018RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
25 May 2017RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
1 Mar 2015RentedNew contract
AED 88,000/yr12 months · AED 69 per sqft
1 Mar 2014RentedNew contract
AED 80,000/yr12 months · AED 62 per sqft
1 Mar 2013RentedNew contract
AED 74,000/yr12 months · AED 58 per sqft
16 Feb 2011SoldReady
AED 400,000AED 311 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
1-bed apartment
Size
1,286 sqft
Floor
5th of 46
Parking
B34
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 400K · February 2011
Building
Bahar 1

About 503, Bahar 1

503 is a one-bedroom apartment of 1,286 sqft on the 5th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 February 2011 for AED 400,000, or AED 311 per sqft, 54% below the AED 676 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 66,000 a year: a gross yield of 16.5% on the 2011 price, before the service charge of about AED 21,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Bahar 1
01M2M20072012201720222027Typical sale price by year: 2007 AED 680,000; 2008 AED 1,260,000; 2009 AED 1,265,000; 2010 AED 680,000; 2011 AED 895,000; 2012 AED 1,090,000; 2013 AED 1,312,500; 2014 AED 1,650,000; 2015 AED 1,092,000; 2016 AED 1,440,000; 2017 AED 1,300,000; 2018 AED 1,230,000; 2019 AED 1,010,000; 2020 AED 810,000; 2021 AED 1,100,000; 2022 AED 1,275,000; 2023 AED 1,415,000; 2024 AED 1,575,000; 2025 AED 1,750,000; 2026 AED 1,700,000Sold by developer, April 2008: AED 237,500 (AED 184 per sqft)Sold, February 2011: AED 400,000 (AED 311 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Bahar 1
60K80K100K2012201620202024Typical rent by year: 2012 AED 73,500; 2013 AED 85,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 102,500; 2017 AED 97,000; 2018 AED 90,000; 2019 AED 77,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 99,375; 2025 AED 102,500; 2026 AED 99,750New contract, March 2013: AED 74,000 a yearNew contract, March 2014: AED 80,000 a yearNew contract, March 2015: AED 88,000 a yearNew contract, May 2017: AED 90,000 a yearNew contract, August 2018: AED 80,000 a yearNew contract, September 2021: AED 66,000 a yearRenewal, September 2022: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bahar 1, and where 503 sits

All 96 1-beds →

503 last sold in February 2011 at AED 311 per sqft, 54% below what one-beds in Bahar 1 were fetching at the time (AED 676). Over the last 12 months one-beds sold for AED 725,006 to 2,100,000, around AED 1,419 per sqft, and rent for AED 60,000 to 150,000 a year. 503's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2026725,006
9 Apr 20261,700,000
27 Feb 20262,100,000
24 Feb 20261,740,000
7 1-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 5th floor

All 330 units in Bahar 1
Value
5012-bedAED 860K · Dec 2009
5022-bedAED 780K · May 2008
5041-bedAED 1.35M · Sep 2017
5051-bedAED 1.48M · May 2008
5061-bedAED 1.16M · Dec 2014
5072-bedAED 860K · Nov 2007
5082-bedAED 1.75M · Feb 2017

503, Bahar 1 in numbers

  • Sold twice: first on 20 April 2008 for AED 237,500, last on 16 February 2011 for AED 400,000 (AED 311 per sqft).
  • Rented since March 2013 on 7 Ejari contracts, from AED 74,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2011 price is 16.5%, before a service charge of about AED 21,000 a year (AED 16.36 per sqft).
  • One-beds in Bahar 1 sold for AED 725,006–2,100,000 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 15 September 2022.

Questions about 503, Bahar 1

What did unit 503 last sell for?

AED 400,000 on 16 February 2011: AED 311 per sqft for 1,286 sqft. The unit has 2 registered sales; the first was AED 237,500 in April 2008.

What is the rent for unit 503?

AED 66,000 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 66,000; the unit has been rented since March 2013.

How big is unit 503?

1,286 sqft (119.5 sqm): a one-bedroom apartment on the 5th floor of a 46-storey tower completed in 2007.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bahar 1 sold for AED 725,006 to 2,100,000 in the last 12 months, around AED 1,419 per sqft.

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Mortgage on 503, Bahar 1

Starts from the last sale price (AED 400K, 16 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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