4-bed · 3,006 sqftBahar 2, Jumeirah Beach Residence · 24th floor · completed 2007

2401, Bahar 2

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

Unit 2401 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 7M31 May 2023
Current rentAED 200K /yr6 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Bahar 2

What is 2401 worth today?

Last sold for AED 7,000,000 in 2023

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31 May 2023SoldReady
AED 7,000,000AED 2,328 per sqft
6 Sep 2020RentedNew contract
AED 200,000/yr12 months · AED 67 per sqft
13 Nov 2016Sold by developerReady
AED 4,400,000AED 1,463 per sqft
1 Jan 2013RentedNew contract
AED 240,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
4-bed apartment
Size
3,006 sqft
Floor
24th of 27
Parking
M-100, B-104
Developer
Dubai Properties
Completed
2007
Service charge
AED 55,900 /yr
Last sold
AED 7M · May 2023
Building
Bahar 2

About 2401, Bahar 2

2401 is a four-bedroom apartment of 3,006 sqft on the 24th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 31 May 2023 for AED 7,000,000, or AED 2,328 per sqft, 126% above the AED 1,031 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 6 September 2020, is AED 200,000 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 55,900 a year.

Sales and rents for 2401 over time

Rents
Unit 2401, each contractTypical four-bed in Bahar 2
150K200K250K2012201520182021Typical rent by year: 2012 AED 160,000; 2013 AED 168,000; 2020 AED 165,000New contract, January 2013: AED 240,000 a yearNew contract, September 2020: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Bahar 2, and where 2401 sits

All 4 4-beds →

2401 last sold in May 2023 at AED 2,328 per sqft, 126% above what four-beds in Bahar 2 were fetching at the time (AED 1,031).

Recent 4-bed salesUnit no.Price (AED)Summary
5 Jun 20233,150,000
16 May 20232,600,000
25 Apr 20233,100,000
9 May 20193,300,000
0 4-bed sales in the last 12 months

Bahar 2

Building

77 apartments, 1-bed to 4-bed over 27 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,527
Typical sale
AED 2.34M
Typical rent
AED 152K /yr
Typical yield
5.9%
Bahar 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 24th floor

All 77 units in Bahar 2
Value
24024-bedAED 3.1M · Apr 2023

2401, Bahar 2 in numbers

  • Sold twice: first on 13 November 2016 for AED 4,400,000, last on 31 May 2023 for AED 7,000,000 (AED 2,328 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, from AED 240,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 2.9%, before a service charge of about AED 55,900 a year (AED 18.60 per sqft).

Source: Dubai Land Department. Updated 31 May 2023.

Questions about 2401, Bahar 2

What did unit 2401 last sell for?

AED 7,000,000 on 31 May 2023: AED 2,328 per sqft for 3,006 sqft. The unit has 2 registered sales; the first was AED 4,400,000 in November 2016.

What is the rent for unit 2401?

AED 200,000 a year on the contract signed on 6 September 2020. The previous contract, from January 2013, was AED 240,000.

How big is unit 2401?

3,006 sqft (279.3 sqm): a four-bedroom apartment on the 24th floor of a 27-storey tower completed in 2007.

What is unit 2401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2401, Bahar 2

Starts from the last sale price (AED 7M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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