2-bed · 2,042 sqftBahar 1, Jumeirah Beach Residence · Ground floor · completed 2007

L03, Bahar 1

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit L03 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.29M30 December 2007
Current rentAED 170K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for L03, Bahar 1

What is L03 worth today?

Last sold for AED 1,285,000 in 2007

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1 Jun 2026RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft
1 May 2021RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft
1 Sep 2020RentedRenewal
AED 270,000/yr8 months · AED 132 per sqft
1 Sep 2019RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
1 Jul 2019RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft
1 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft
1 Jul 2017RentedRenewal
AED 198,000/yr12 months · AED 97 per sqft
1 Jul 2016RentedNew contract
AED 198,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
2,042 sqft
Floor
Ground of 46
Parking
G27
Developer
Dubai Properties
Completed
2007
Service charge
AED 33,400 /yr
Last sold
AED 1.29M · December 2007
Building
Bahar 1

About L03, Bahar 1

L03 is a two-bedroom apartment of 2,042 sqft on the ground floor of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 December 2007 for AED 1,285,000, or AED 629 per sqft, in line with the AED 629 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 June 2026, is AED 170,000 a year: a gross yield of 13.2% on the 2007 price, before the service charge of about AED 33,400 a year.

Sales and rents for L03 over time

Sales
Unit L03, 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, December 2007: AED 1,285,000 (AED 629 per sqft)

L03 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit L03, each contractTypical two-bed in Bahar 1
100K200K300K20112015201920232027Typical 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, July 2016: AED 198,000 a yearRenewal, July 2017: AED 198,000 a yearRenewal, July 2018: AED 180,000 a yearRenewal, July 2019: AED 180,000 a yearNew contract, September 2019: AED 180,000 a yearRenewal, September 2020: AED 270,000 a yearRenewal, May 2021: AED 180,000 a yearNew contract, June 2026: AED 170,000 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 L03 sits

All 243 2-beds →

L03 last sold in December 2007 at AED 629 per sqft, in line with what two-beds in Bahar 1 were fetching at the time (AED 629). 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. L03's AED 170,000 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 ground floor

All 330 units in Bahar 1
Value
L014-bedAED 4.4M · Jun 2023
L022-bedAED 3.2M · Dec 2020
L042-bedAED 1.29M · Mar 2008

L03, Bahar 1 in numbers

  • Sold once: by Dubai Properties on 30 December 2007 for AED 1,285,000, or AED 629 per sqft.
  • Rented since July 2016 on 8 Ejari contracts, from AED 198,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2007 price is 13.2%, before a service charge of about AED 33,400 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 1 June 2026.

Questions about L03, Bahar 1

What did unit L03 last sell for?

AED 1,285,000 on 30 December 2007, sold by the developer: AED 629 per sqft for 2,042 sqft. It is the only registered sale of the unit.

What is the rent for unit L03?

AED 170,000 a year on the contract signed on 1 June 2026. The previous contract, from May 2021, was AED 180,000; the unit has been rented since July 2016.

How big is unit L03?

2,042 sqft (189.7 sqm): a two-bedroom apartment on the ground floor of a 46-storey tower completed in 2007.

What is unit L03 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 L03, Bahar 1

Starts from the last sale price (AED 1.29M, 30 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,285,000
Deposit, UAE resident (20%)
AED 257,000
Deposit, non-resident (40%)
AED 514,000
Monthly over 25 years at 3.7%
AED 5,257

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