2-bed · 1,156 sqftBahar 1, Jumeirah Beach Residence · 6th floor · completed 2007

602, Bahar 1

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 780K25 May 2009
Current rentAED 81K /yr28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Bahar 1

What is 602 worth today?

Last sold for AED 780,000 in 2009

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28 Feb 2022RentedRenewal
AED 80,500/yr12 months · AED 70 per sqft
28 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 61 per sqft
28 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
6 Feb 2019RentedRenewal
AED 98,000/yr12 months · AED 85 per sqft
6 Feb 2018RentedNew contract
AED 108,000/yr12 months · AED 94 per sqft
22 Dec 2016RentedRenewal
AED 114,000/yr12 months · AED 99 per sqft
22 Dec 2015RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
11 Sep 2013RentedNew contract
AED 80,000/yr9 months · AED 69 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
6th of 46
Parking
M89
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,900 /yr
Last sold
AED 780K · May 2009
Building
Bahar 1

About 602, Bahar 1

602 is a two-bedroom apartment of 1,156 sqft on the 6th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 May 2009 for AED 780,000, or AED 675 per sqft, in line with the AED 672 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 28 February 2022, is AED 80,500 a year: a gross yield of 10.3% on the 2009 price, before the service charge of about AED 18,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, May 2009: AED 780,000 (AED 675 per sqft)

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

Rents
Unit 602, 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, September 2013: AED 80,000 a yearNew contract, December 2015: AED 110,000 a yearRenewal, December 2016: AED 114,000 a yearNew contract, February 2018: AED 108,000 a yearRenewal, February 2019: AED 98,000 a yearNew contract, February 2020: AED 75,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 80,500 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 602 sits

All 243 2-beds →

602 last sold in May 2009 at AED 675 per sqft, in line with what two-beds in Bahar 1 were fetching at the time (AED 672). 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. 602's AED 80,500 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 6th floor

All 330 units in Bahar 1
Value
6012-bedAED 1.22M · Nov 2021
6031-bedAED 238K · Feb 2008
6041-bedAED 890K · Jan 2011
6051-bedAED 1.38M · May 2023
6061-bedAED 1.33M · May 2023
6072-bedAED 1.7M · Aug 2023
6082-bedAED 1.3M · Mar 2019

602, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 25 May 2009 for AED 780,000, or AED 675 per sqft.
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2021 and recovered to AED 80,500 by February 2022.
  • At AED 80,500 a year the gross yield on the 2009 price is 10.3%, before a service charge of about AED 18,900 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 28 February 2022.

Questions about 602, Bahar 1

What did unit 602 last sell for?

AED 780,000 on 25 May 2009, sold by the developer: AED 675 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 80,500 a year on the contract renewed on 28 February 2022. The previous contract, from February 2021, was AED 70,000; the unit has been rented since September 2013.

How big is unit 602?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 6th floor of a 46-storey tower completed in 2007.

What is unit 602 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 602, Bahar 1

Starts from the last sale price (AED 780K, 25 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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