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1-bed · 685 sqftBloom Tower B, Jumeirah Village Circle (JVC) · 7th floor · completed 2021

B-0701, Bloom Tower B

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-0701 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 611K30 April 2018
Current rentAED 85K /yr3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-0701, Bloom Tower B

What is B-0701 worth today?

Last sold for AED 611,100 in 2018

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3 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 124 per sqft
1 Aug 2022RentedRenewal
AED 45,000/yr12 months · AED 66 per sqft
1 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 66 per sqft
30 Apr 2018Sold by developerOff-plan
AED 611,100AED 892 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
7th of 33
Parking
P4-064
Developer
Bloom Heights Properties
Completed
2021
Last sold
AED 611K · April 2018
Building
Bloom Tower B

About B-0701, Bloom Tower B

B-0701 is a one-bedroom apartment of 685 sqft on the 7th floor of Bloom Tower B, a 33-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Bloom Heights Properties . The developer sold it on 30 April 2018 for AED 611,100, or AED 892 per sqft, in line with the AED 903 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 3 July 2023, is AED 85,000 a year: a gross yield of 13.9% on the 2018 price.

Sales and rents for B-0701 over time

Sales
Unit B-0701, each saleTypical one-bed in Bloom Tower B
600K800K1M2018202120242027Typical sale price by year: 2018 AED 607,220; 2020 AED 607,920; 2021 AED 683,050; 2022 AED 708,770; 2023 AED 772,734; 2024 AED 876,000; 2025 AED 967,500; 2026 AED 960,000Sold by developer, April 2018: AED 611,100 (AED 892 per sqft)

B-0701 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-0701, each contractTypical one-bed in Bloom Tower B
40K60K80K2021202320252027Typical rent by year: 2021 AED 41,000; 2022 AED 47,000; 2023 AED 65,000; 2024 AED 70,000; 2025 AED 72,000; 2026 AED 68,000New contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 45,000 a yearNew contract, July 2023: AED 85,000 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 Bloom Tower B, and where B-0701 sits

All 171 1-beds →

B-0701 last sold in April 2018 at AED 892 per sqft, in line with what one-beds in Bloom Tower B were fetching at the time (AED 903). Over the last 12 months one-beds sold for AED 918,000 to 1,030,000, around AED 1,482 per sqft, and rent for AED 50,000 to 100,000 a year. B-0701's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 202676,933
7 Aug 202649,600
6 Aug 20269,861
5 Aug 202611,169
20 1-bed sales in the last 12 months

Bloom Tower B

Building

345 apartments, studios to 1-bed over 33 floors in Jumeirah Village Circle (JVC), completed in 2021 by Bloom Heights Properties . 33 sold in the last 12 months.

Typical price per sqft
AED 1,578 Up 0.4%
Typical sale
AED 662K
Typical rent
AED 60K /yr
Typical yield
7.2%
Bloom Tower B, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 7th floor

All 345 units in Bloom Tower B
Value
B-07021-bedAED 589K · Mar 2021
B-07031-bedAED 11K · Aug 2026
B-0704StudioAED 440K · Apr 2023
B-0705StudioAED 480K · May 2023
B-0706StudioAED 570K · Aug 2024
B-0707StudioAED 610K · Mar 2024
B-0708StudioAED 178K · Oct 2021
1–7 of 11

B-0701, Bloom Tower B in numbers

  • Sold once: by Bloom Heights Properties on 30 April 2018 for AED 611,100, or AED 892 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 45,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 13.9%.
  • One-beds in Bloom Tower B sold for AED 918,000–1,030,000 in the 12 months to November 2026; the building's median across all types is AED 1,578 per sqft.

Source: Dubai Land Department. Updated 3 July 2023.

Questions about B-0701, Bloom Tower B

What did unit B-0701 last sell for?

AED 611,100 on 30 April 2018, sold by the developer: AED 892 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit B-0701?

AED 85,000 a year on the contract signed on 3 July 2023. The previous contract, from August 2022, was AED 45,000; the unit has been rented since August 2021.

How big is unit B-0701?

685 sqft (63.6 sqm): a one-bedroom apartment on the 7th floor of a 33-storey tower completed in 2021.

What is unit B-0701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bloom Tower B sold for AED 918,000 to 1,030,000 in the last 12 months, around AED 1,482 per sqft.

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Mortgage on B-0701, Bloom Tower B

Starts from the last sale price (AED 611K, 30 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 611,100
Deposit, UAE resident (20%)
AED 122,220
Deposit, non-resident (40%)
AED 244,440
Monthly over 25 years at 3.7%
AED 2,500

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