2-bed · 1,286 sqftBahar 1, Jumeirah Beach Residence · 7th floor · completed 2007

702, Bahar 1

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 1.68M30 May 2023
Current rentAED 81K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bahar 1

What is 702 worth today?

Last sold for AED 1,680,000 in 2023

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30 May 2023SoldReady
AED 1,680,000AED 1,306 per sqft
1 Jan 2022RentedRenewal
AED 81,000/yr12 months · AED 63 per sqft
1 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
1 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
1 Jan 2019RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
1 Jan 2018RentedRenewal
AED 120,000/yr12 months · AED 94 per sqft
1 Jan 2017RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft
1 Jan 2016RentedRenewal
AED 135,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
2-bed apartment
Size
1,286 sqft
Floor
7th of 46
Parking
G84
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,000 /yr
Last sold
AED 1.68M · May 2023
Building
Bahar 1

About 702, Bahar 1

702 is a two-bedroom apartment of 1,286 sqft on the 7th floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 May 2023 for AED 1,680,000, or AED 1,306 per sqft, in line with the AED 1,308 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 81,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 21,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, January 2009: AED 780,000 (AED 606 per sqft)Sold, May 2023: AED 1,680,000 (AED 1,306 per sqft)

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

Rents
Unit 702, 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, April 2013: AED 82,950 a yearNew contract, December 2013: AED 120,000 a yearNew contract, January 2015: AED 135,000 a yearRenewal, January 2016: AED 135,000 a yearRenewal, January 2017: AED 135,000 a yearRenewal, January 2018: AED 120,000 a yearRenewal, January 2019: AED 120,000 a yearRenewal, January 2020: AED 120,000 a yearRenewal, January 2021: AED 70,000 a yearRenewal, January 2022: AED 81,000 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 702 sits

All 243 2-beds →

702 last sold in May 2023 at AED 1,306 per sqft, in line with what two-beds in Bahar 1 were fetching at the time (AED 1,308). 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. 702's AED 81,000 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 7th floor

All 330 units in Bahar 1
Value
7012-bedAED 900K · Jul 2019
7031-bedAED 850K · Nov 2010
7041-bedAED 1.3M · May 2018
7051-bedAED 1.55M · Jun 2024
7061-bedAED 1.58M · Aug 2024
7072-bedAED 860K · Dec 2008
7082-bedAED 780K · Nov 2007

702, Bahar 1 in numbers

  • Sold twice: first on 5 January 2009 for AED 780,000, last on 30 May 2023 for AED 1,680,000 (AED 1,306 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 82,950 to AED 70,000 in 2021 and recovered to AED 81,000 by January 2022.
  • At AED 81,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 21,000 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 30 May 2023.

Questions about 702, Bahar 1

What did unit 702 last sell for?

AED 1,680,000 on 30 May 2023: AED 1,306 per sqft for 1,286 sqft. The unit has 2 registered sales; the first was AED 780,000 in January 2009.

What is the rent for unit 702?

AED 81,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 70,000; the unit has been rented since April 2013.

How big is unit 702?

1,286 sqft (119.5 sqm): a two-bedroom apartment on the 7th floor of a 46-storey tower completed in 2007.

What is unit 702 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 702, Bahar 1

Starts from the last sale price (AED 1.68M, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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