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

505, Bahar 1

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 4 August 2020
Last soldAED 1.48M12 May 2008
Current rentAED 65K /yr4 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bahar 1

What is 505 worth today?

Last sold for AED 1,477,000 in 2008

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4 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
2 Mar 2018RentedNew contract
AED 98,000/yr12 months · AED 77 per sqft
30 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
4 Feb 2017RentedRenewal
AED 119,000/yr12 months · AED 93 per sqft
4 Feb 2016RentedNew contract
AED 119,000/yr12 months · AED 93 per sqft
23 Jan 2014RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
23 Jan 2013RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
12 May 2008Sold by developerReady
AED 1,477,000AED 1,148 per sqft

Source: Dubai Land Department. Updated 4 August 2020.

Key facts

Type
1-bed apartment
Size
1,286 sqft
Floor
5th of 46
Parking
B241
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.48M · May 2008
Building
Bahar 1

About 505, Bahar 1

505 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. The developer sold it on 12 May 2008 for AED 1,477,000, or AED 1,148 per sqft, 102% above the AED 567 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 4 August 2020, is AED 65,000 a year: a gross yield of 4.4% on the 2008 price, before the service charge of about AED 21,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Bahar 1
500K1M1.5M20072012201720222027Typical 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, May 2008: AED 1,477,000 (AED 1,148 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bahar 1
75K100K125K2012201620202024Typical 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, January 2013: AED 100,000 a yearNew contract, January 2014: AED 100,000 a yearNew contract, February 2016: AED 119,000 a yearRenewal, February 2017: AED 119,000 a yearNew contract, July 2017: AED 100,000 a yearNew contract, March 2018: AED 98,000 a yearNew contract, August 2020: AED 65,000 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 505 sits

All 96 1-beds →

505 last sold in May 2008 at AED 1,148 per sqft, 102% above what one-beds in Bahar 1 were fetching at the time (AED 567). 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. 505's AED 65,000 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
5031-bedAED 400K · Feb 2011
5041-bedAED 1.35M · Sep 2017
5061-bedAED 1.16M · Dec 2014
5072-bedAED 860K · Nov 2007
5082-bedAED 1.75M · Feb 2017

505, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 12 May 2008 for AED 1,477,000, or AED 1,148 per sqft.
  • Rented since January 2013 on 7 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2008 price is 4.4%, 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 4 August 2020.

Questions about 505, Bahar 1

What did unit 505 last sell for?

AED 1,477,000 on 12 May 2008, sold by the developer: AED 1,148 per sqft for 1,286 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 65,000 a year on the contract signed on 4 August 2020. The previous contract, from March 2018, was AED 98,000; the unit has been rented since January 2013.

How big is unit 505?

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 505 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 505, Bahar 1

Starts from the last sale price (AED 1.48M, 12 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,477,000
Deposit, UAE resident (20%)
AED 295,400
Deposit, non-resident (40%)
AED 590,800
Monthly over 25 years at 3.7%
AED 6,043

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