3-bed · 2,074 sqftBahar 5, Jumeirah Beach Residence · 6th floor · completed 2007

602, 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 602 · DLD and Ejari recordsUpdated 14 October 2023
Last soldAED 699K3 March 2008
Current rentAED 148K /yr14 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Bahar 5

What is 602 worth today?

Last sold for AED 699,000 in 2008

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14 Oct 2023RentedRenewal
AED 148,000/yr12 months · AED 71 per sqft
14 Oct 2022RentedNew contract
AED 148,000/yr12 months · AED 71 per sqft
6 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 48 per sqft
6 Dec 2019RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
1 Jan 2019RentedRenewal
AED 155,000/yr12 months · AED 75 per sqft
1 Jan 2018RentedNew contract
AED 162,000/yr12 months · AED 78 per sqft
1 Jan 2018RentedRenewal
AED 162,000/yr12 months · AED 78 per sqft
20 Mar 2017RentedNew contract
AED 160,827/yr9 months · AED 78 per sqft

Source: Dubai Land Department. Updated 14 October 2023.

Key facts

Type
3-bed apartment
Size
2,074 sqft
Floor
6th of 41
Parking
B540/B541
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 699K · March 2008
Building
Bahar 5

About 602, Bahar 5

602 is a three-bedroom apartment of 2,074 sqft on the 6th floor of Bahar 5, a 41-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 3 March 2008 for AED 699,000, or AED 337 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 12 Ejari contracts. The current contract, renewed on 14 October 2023, is AED 148,000 a year: a gross yield of 21.2% on the 2008 price, before the service charge of about AED 34,300 a year.

Sales and rents for 602 over time

Rents
Unit 602, 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 144,375 a yearNew contract, January 2014: AED 151,594 a yearRenewal, January 2015: AED 170,000 a yearRenewal, January 2016: AED 178,500 a yearNew contract, March 2017: AED 160,827 a yearNew contract, January 2018: AED 162,000 a yearRenewal, January 2018: AED 162,000 a yearRenewal, January 2019: AED 155,000 a yearNew contract, December 2019: AED 130,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, October 2022: AED 148,000 a yearRenewal, October 2023: AED 148,000 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 602 sits

All 44 3-beds →

602 last sold in March 2008 at AED 337 per sqft, in line with what three-beds in Bahar 5 were fetching at the time (AED 337). 602's AED 148,000 is in the lower half 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 6th floor

All 148 units in Bahar 5
Value
6011-bedAED 499K · Mar 2008
6031-bedAED 499K · Mar 2008
6043-bedAED 699K · Mar 2008

602, Bahar 5 in numbers

  • Sold once: by Dubai Properties on 3 March 2008 for AED 699,000, or AED 337 per sqft.
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 144,375 to AED 100,000 in 2020 and recovered to AED 148,000 by October 2023.
  • At AED 148,000 a year the gross yield on the 2008 price is 21.2%, before a service charge of about AED 34,300 a year (AED 16.56 per sqft).

Source: Dubai Land Department. Updated 14 October 2023.

Questions about 602, Bahar 5

What did unit 602 last sell for?

AED 699,000 on 3 March 2008, sold by the developer: AED 337 per sqft for 2,074 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 148,000 a year on the contract renewed on 14 October 2023. The previous contract, from October 2022, was AED 148,000; the unit has been rented since February 2013.

How big is unit 602?

2,074 sqft (192.7 sqm): a three-bedroom apartment on the 6th floor of a 41-storey tower completed in 2007.

What is unit 602 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 602, Bahar 5

Starts from the last sale price (AED 699K, 3 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 →