UP03, Bahar 1
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for UP03, Bahar 1
What is UP03 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 544 sqft
- Parking
- B228
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 8,900 /yr
- Last sold
- AED 600K · December 2023
- Building
- Bahar 1
About UP03, Bahar 1
UP03 is a two-bedroom apartment of 544 sqft of Bahar 1, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 11 December 2023 for AED 600,000, or AED 1,103 per sqft, 23% below the AED 1,425 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 2 September 2022, is AED 50,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 8,900 a year.
Sales and rents for UP03 over time
UP03 has sold twice; the dashed line is the two-bed median of each year in the building.
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 UP03 sits
All 243 2-beds →UP03 last sold in December 2023 at AED 1,103 per sqft, 23% below what two-beds in Bahar 1 were fetching at the time (AED 1,425). 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. UP03's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,294 sqft | 2,000,000 | 1,545 | ||
| 2 Oct 20262 October 2026 | 1,375 sqft | 2,000,000 | 1,455 | ||
| 11 Sep 202611 September 2026 | 1,286 sqft | 1,758,396 | 1,367 | ||
| 7 Sep 20267 September 2026 | 1,300 sqft | 1,858,000 | 1,428 |
Bahar 1
Building330 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%
UP03, Bahar 1 in numbers
- Sold twice: first on 20 November 2013 for AED 1,195,000, last on 11 December 2023 for AED 600,000 (AED 1,103 per sqft).
- Rented since November 2013 on 6 Ejari contracts, from AED 78,750 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 8,900 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 11 December 2023.
Questions about UP03, Bahar 1
What did unit UP03 last sell for?
AED 600,000 on 11 December 2023: AED 1,103 per sqft for 544 sqft. The unit has 2 registered sales; the first was AED 1,195,000 in November 2013.
What is the rent for unit UP03?
AED 50,000 a year on the contract signed on 2 September 2022. The previous contract, from November 2017, was AED 86,350; the unit has been rented since November 2013.
How big is unit UP03?
544 sqft (50.5 sqm): a two-bedroom apartment of a 46-storey tower completed in 2007.
What is unit UP03 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 UP03, Bahar 1
Starts from the last sale price (AED 600K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →