3002, Bahar 5
Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3002, Bahar 5
What is 3002 worth today?
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Source: Dubai Land Department. Updated 16 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,461 sqft
- Floor
- 30th of 41
- Parking
- B583
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 24,200 /yr
- Last sold
- AED 599K · March 2008
- Building
- Bahar 5
About 3002, Bahar 5
3002 is a two-bedroom apartment of 1,461 sqft on the 30th floor of Bahar 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 March 2008 for AED 599,000, or AED 410 per sqft, in line with the AED 410 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, signed on 16 January 2023, is AED 120,000 a year: a gross yield of 20.0% on the 2008 price, before the service charge of about AED 24,200 a year.
Sales and rents for 3002 over time
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Bahar 5, and where 3002 sits
All 52 2-beds →3002 last sold in March 2008 at AED 410 per sqft, in line with what two-beds in Bahar 5 were fetching at the time (AED 410). 3002's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Mar 20089 March 2008 | 1,461 sqft | 599,000 | 410 | ||
| 9 Mar 20089 March 2008 | 1,461 sqft | 599,000 | 410 | ||
| 9 Mar 20089 March 2008 | 1,461 sqft | 599,000 | 410 | ||
| 9 Mar 20089 March 2008 | 1,461 sqft | 599,000 | 410 |
Bahar 5
Building148 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%
Other units on the 30th floor
All 148 units in Bahar 53002, Bahar 5 in numbers
- Sold once: by Dubai Properties on 9 March 2008 for AED 599,000, or AED 410 per sqft.
- Rented since October 2011 on 11 Ejari contracts, from AED 90,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2008 price is 20.0%, before a service charge of about AED 24,200 a year (AED 16.56 per sqft).
Source: Dubai Land Department. Updated 16 January 2023.
Questions about 3002, Bahar 5
What did unit 3002 last sell for?
AED 599,000 on 9 March 2008, sold by the developer: AED 410 per sqft for 1,461 sqft. It is the only registered sale of the unit.
What is the rent for unit 3002?
AED 120,000 a year on the contract signed on 16 January 2023. The previous contract, from December 2020, was AED 85,095; the unit has been rented since October 2011.
How big is unit 3002?
1,461 sqft (135.7 sqm): a two-bedroom apartment on the 30th floor of a 41-storey tower completed in 2007.
What is unit 3002 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 3002, Bahar 5
Starts from the last sale price (AED 599K, 9 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →