1-bed · 687 sqftBloom Tower B, Jumeirah Village Circle (JVC) · 24th floor · completed 2021

B-2401, Bloom Tower B

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-2401 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 612K28 December 2020
Current rentAED 48K /yr22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for B-2401, Bloom Tower B

What is B-2401 worth today?

Last sold for AED 612,070 in 2020

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22 Aug 2022RentedNew contract
AED 48,000/yr12 months · AED 70 per sqft
10 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 61 per sqft
10 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
28 Dec 2020Sold by developerOff-plan
AED 612,070AED 891 per sqft

Source: Dubai Land Department. Updated 22 August 2022.

Key facts

Type
1-bed apartment
Size
687 sqft
Floor
24th of 33
Parking
P1-029
Developer
Bloom Heights Properties
Completed
2021
Last sold
AED 612K · December 2020

About B-2401, Bloom Tower B

B-2401 is a one-bedroom apartment of 687 sqft on the 24th 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 28 December 2020 for AED 612,070, or AED 891 per sqft, in line with the AED 909 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 22 August 2022, is AED 48,000 a year: a gross yield of 7.8% on the 2020 price.

Sales and rents for B-2401 over time

Sales
Unit B-2401, 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, December 2020: AED 612,070 (AED 891 per sqft)

B-2401 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit B-2401, each contractTypical one-bed in Bloom Tower B
40K60K2021202320252027Typical 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, July 2021: AED 40,000 a yearNew contract, July 2022: AED 42,000 a yearNew contract, August 2022: AED 48,000 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-2401 sits

All 171 1-beds →

B-2401 last sold in December 2020 at AED 891 per sqft, in line with what one-beds in Bloom Tower B were fetching at the time (AED 909). 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-2401's AED 48,000 is at the bottom 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 24th floor

All 345 units in Bloom Tower B
Value
B-24021-bedAED 624K · Jan 2021
B-24031-bedAED 725K · Nov 2022
B-2404StudioAED 600K · Jun 2024
B-2405StudioAED 460K · Aug 2023
B-2406StudioAED 615K · Oct 2024
B-2407StudioAED 400K · Apr 2022
B-2408StudioAED 380K · Nov 2022
1–7 of 11

B-2401, Bloom Tower B in numbers

  • Sold once: by Bloom Heights Properties on 28 December 2020 for AED 612,070, or AED 891 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 7.8%.
  • 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 22 August 2022.

Questions about B-2401, Bloom Tower B

What did unit B-2401 last sell for?

AED 612,070 on 28 December 2020, sold by the developer: AED 891 per sqft for 687 sqft. It is the only registered sale of the unit.

What is the rent for unit B-2401?

AED 48,000 a year on the contract signed on 22 August 2022. The previous contract, from July 2022, was AED 42,000; the unit has been rented since July 2021.

How big is unit B-2401?

687 sqft (63.8 sqm): a one-bedroom apartment on the 24th floor of a 33-storey tower completed in 2021.

What is unit B-2401 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-2401, Bloom Tower B

Starts from the last sale price (AED 612K, 28 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 612,070
Deposit, UAE resident (20%)
AED 122,414
Deposit, non-resident (40%)
AED 244,828
Monthly over 25 years at 3.7%
AED 2,504

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