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1-bed · 1,529 sqftBahar 2, Jumeirah Beach Residence · 7th floor · completed 2007

704, Bahar 2

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 4 August 2020
Last soldAED 1.15M4 August 2020
Current rentAED 80K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Bahar 2

What is 704 worth today?

Last sold for AED 1,150,000 in 2020

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4 Aug 2020SoldReady
AED 1,150,000AED 752 per sqft
1 Aug 2019RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
1 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
9 Nov 2017RentedNew contract
AED 94,000/yr12 months · AED 61 per sqft
1 Feb 2017RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
1 Feb 2016RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
25 Nov 2015Sold by developerReady
AED 1,684,800AED 1,101 per sqft
11 Nov 2012RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 4 August 2020.

Key facts

Type
1-bed apartment
Size
1,529 sqft
Floor
7th of 27
Parking
M-108
Developer
Dubai Properties
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 1.15M · August 2020
Building
Bahar 2

About 704, Bahar 2

704 is a one-bedroom apartment of 1,529 sqft on the 7th floor of Bahar 2, a 27-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 August 2020 for AED 1,150,000, or AED 752 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 80,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 28,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Bahar 2
1M1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,641,600; 2016 AED 1,684,800; 2022 AED 1,485,000; 2023 AED 1,600,000; 2024 AED 2,050,000Sold by developer, November 2015: AED 1,684,800 (AED 1,101 per sqft)Sold, August 2020: AED 1,150,000 (AED 752 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Bahar 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 82,048; 2013 AED 85,000; 2014 AED 87,069; 2015 AED 92,911; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 80,000; 2020 AED 70,000; 2021 AED 64,000; 2022 AED 85,000; 2023 AED 115,000; 2024 AED 115,000; 2025 AED 115,000; 2026 AED 117,339New contract, November 2012: AED 80,000 a yearNew contract, February 2016: AED 110,000 a yearRenewal, February 2017: AED 100,000 a yearNew contract, November 2017: AED 94,000 a yearNew contract, August 2018: AED 90,000 a yearRenewal, August 2019: AED 80,000 a year

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

1-beds in Bahar 2, and where 704 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 2,101,388 to 2,335,000, around AED 1,451 per sqft, and rent for AED 90,000 to 145,000 a year. 704's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 20262,101,388
26 Jan 20262,335,000
24 Oct 20242,100,000
19 Mar 20241,800,000
2 1-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 7th floor

All 77 units in Bahar 2
Value
7013-bedAED 3.09M · Feb 2017
7021-bedAED 1.59M · Feb 2023
7033-bedAED 3.3M · Sep 2024

704, Bahar 2 in numbers

  • Sold twice: first on 25 November 2015 for AED 1,684,800, last on 4 August 2020 for AED 1,150,000 (AED 752 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 28,400 a year (AED 18.60 per sqft).
  • One-beds in Bahar 2 sold for AED 2,101,388–2,335,000 in the 12 months to November 2026; the building's median across all types is AED 1,527 per sqft.

Source: Dubai Land Department. Updated 4 August 2020.

Questions about 704, Bahar 2

What did unit 704 last sell for?

AED 1,150,000 on 4 August 2020: AED 752 per sqft for 1,529 sqft. The unit has 2 registered sales; the first was AED 1,684,800 in November 2015.

What is the rent for unit 704?

AED 80,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 90,000; the unit has been rented since November 2012.

How big is unit 704?

1,529 sqft (142.0 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bahar 2 sold for AED 2,101,388 to 2,335,000 in the last 12 months, around AED 1,451 per sqft.

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Mortgage on 704, Bahar 2

Starts from the last sale price (AED 1.15M, 4 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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