2-bed · 1,461 sqftBahar 5, Jumeirah Beach Residence · 30th floor · completed 2007

3003, Bahar 5

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3003 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 599K9 March 2008
Current rentAED 108K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3003, Bahar 5

What is 3003 worth today?

Last sold for AED 599,000 in 2008

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1 Jul 2024RentedRenewal
AED 107,525/yr12 months · AED 74 per sqft
1 Jul 2023RentedRenewal
AED 93,500/yr12 months · AED 64 per sqft
1 Jul 2022RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
1 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 55 per sqft
1 Jan 2020RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
1 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 89 per sqft
1 Jan 2018RentedRenewal
AED 136,000/yr12 months · AED 93 per sqft
1 Jan 2017RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,461 sqft
Floor
30th of 41
Parking
M370
Developer
Dubai Properties
Completed
2007
Service charge
AED 24,200 /yr
Last sold
AED 599K · March 2008
Building
Bahar 5

About 3003, Bahar 5

3003 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 2012 on 12 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 107,525 a year: a gross yield of 17.9% on the 2008 price, before the service charge of about AED 24,200 a year.

Sales and rents for 3003 over time

Rents
Unit 3003, each contractTypical two-bed in Bahar 5
100K150K20112015201920232027Typical rent by year: 2011 AED 99,000; 2012 AED 100,000; 2013 AED 115,622; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,661; 2017 AED 128,000; 2018 AED 121,500; 2019 AED 105,000; 2020 AED 95,000; 2021 AED 79,000; 2022 AED 85,000; 2023 AED 95,865; 2024 AED 107,336; 2025 AED 114,173; 2026 AED 117,403New contract, August 2012: AED 105,000 a yearRenewal, January 2014: AED 115,500 a yearNew contract, February 2015: AED 149,196 a yearRenewal, January 2016: AED 150,000 a yearRenewal, January 2017: AED 150,000 a yearRenewal, January 2018: AED 136,000 a yearRenewal, January 2019: AED 130,000 a yearRenewal, January 2020: AED 110,000 a yearRenewal, January 2021: AED 80,000 a yearNew contract, July 2022: AED 85,000 a yearRenewal, July 2023: AED 93,500 a yearRenewal, July 2024: AED 107,525 a year

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 3003 sits

All 52 2-beds →

3003 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). 3003's AED 107,525 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Mar 2008599,000
9 Mar 2008599,000
9 Mar 2008599,000
9 Mar 2008599,000
0 2-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 30th floor

All 148 units in Bahar 5
Value
30012-bedAED 599K · Mar 2008
30022-bedAED 599K · Mar 2008
30042-bedAED 599K · Mar 2008

3003, Bahar 5 in numbers

  • Sold once: by Dubai Properties on 9 March 2008 for AED 599,000, or AED 410 per sqft.
  • Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2021 and recovered to AED 107,525 by July 2024.
  • At AED 107,525 a year the gross yield on the 2008 price is 17.9%, before a service charge of about AED 24,200 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 3003, Bahar 5

What did unit 3003 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 3003?

AED 107,525 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 93,500; the unit has been rented since August 2012.

How big is unit 3003?

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 3003 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 3003, 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 →