3-bed · 2,065 sqftBahar 5, Jumeirah Beach Residence · 15th floor · completed 2007

1504, Bahar 5

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 699K5 March 2008
Current rentAED 121K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Bahar 5

What is 1504 worth today?

Last sold for AED 699,000 in 2008

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1 Jan 2024RentedRenewal
AED 120,750/yr12 months · AED 58 per sqft
1 Jan 2023RentedNew contract
AED 115,000/yr12 months · AED 56 per sqft
1 Mar 2020RentedNew contract
AED 128,000/yr12 months · AED 62 per sqft
1 Jan 2019RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
1 Jan 2018RentedRenewal
AED 160,000/yr12 months · AED 77 per sqft
1 Apr 2017RentedNew contract
AED 160,731/yr9 months · AED 78 per sqft
25 Feb 2016RentedRenewal
AED 173,250/yr12 months · AED 84 per sqft
25 Feb 2015RentedNew contract
AED 165,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
3-bed apartment
Size
2,065 sqft
Floor
15th of 41
Parking
B526/ B527
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 699K · March 2008
Building
Bahar 5

About 1504, Bahar 5

1504 is a three-bedroom apartment of 2,065 sqft on the 15th floor of Bahar 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 March 2008 for AED 699,000, or AED 338 per sqft, in line with the AED 337 three-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 2024, is AED 120,750 a year: a gross yield of 17.3% on the 2008 price, before the service charge of about AED 34,200 a year.

Sales and rents for 1504 over time

Rents
Unit 1504, each contractTypical three-bed in Bahar 5
100K150K2012201620202024Typical rent by year: 2012 AED 132,300; 2013 AED 145,000; 2014 AED 156,600; 2015 AED 168,000; 2016 AED 171,306; 2017 AED 165,892; 2018 AED 160,000; 2019 AED 148,000; 2020 AED 120,000; 2021 AED 102,000; 2022 AED 121,000; 2023 AED 121,000; 2024 AED 139,150; 2025 AED 162,750; 2026 AED 156,707New contract, February 2013: AED 126,000 a yearRenewal, January 2014: AED 144,900 a yearNew contract, February 2015: AED 165,000 a yearRenewal, February 2016: AED 173,250 a yearNew contract, April 2017: AED 160,731 a yearRenewal, January 2018: AED 160,000 a yearRenewal, January 2019: AED 150,000 a yearNew contract, March 2020: AED 128,000 a yearNew contract, January 2023: AED 115,000 a yearRenewal, January 2024: AED 120,750 a year

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

3-beds in Bahar 5, and where 1504 sits

All 44 3-beds →

1504 last sold in March 2008 at AED 338 per sqft, in line with what three-beds in Bahar 5 were fetching at the time (AED 337). 1504's AED 120,750 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Oct 20232,300,000
19 Nov 20143,528,000
6 Feb 20131,969,626
28 Feb 20102,094,960
0 3-bed sales in the last 12 months

Bahar 5

Building

148 apartments, 1-bed to 4-bed over 41 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 1,568
Typical sale
AED 4.45M
Typical rent
AED 121K /yr
Typical yield
4.8%
Bahar 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 15th floor

All 148 units in Bahar 5
Value
15011-bedAED 449K · Mar 2008
15023-bedAED 699K · Mar 2008
15031-bedAED 449K · Mar 2008

1504, Bahar 5 in numbers

  • Sold once: by Dubai Properties on 5 March 2008 for AED 699,000, or AED 338 per sqft.
  • Rented since February 2013 on 10 Ejari contracts, from AED 126,000 to AED 120,750 a year.
  • At AED 120,750 a year the gross yield on the 2008 price is 17.3%, before a service charge of about AED 34,200 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 January 2024.

Questions about 1504, Bahar 5

What did unit 1504 last sell for?

AED 699,000 on 5 March 2008, sold by the developer: AED 338 per sqft for 2,065 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 120,750 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 115,000; the unit has been rented since February 2013.

How big is unit 1504?

2,065 sqft (191.8 sqm): a three-bedroom apartment on the 15th floor of a 41-storey tower completed in 2007.

What is unit 1504 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 1504, Bahar 5

Starts from the last sale price (AED 699K, 5 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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