3-bed · 1,897 sqftSadaf 1, Jumeirah Beach Residence · 12th floor · completed 2007

1207, Sadaf 1

Sold prices and rental history: sold twice, last in November 2007, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 2.15M29 November 2007
Current rentAED 175K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, Sadaf 1

What is 1207 worth today?

Last sold for AED 2,150,000 in 2007

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15 Aug 2024RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft
8 Sep 2023RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft
8 Sep 2022RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
1 Apr 2022RentedRenewal
AED 92,000/yr12 months · AED 49 per sqft
1 Apr 2021RentedNew contract
AED 92,000/yr12 months · AED 49 per sqft
29 Nov 2007SoldReady
AED 2,150,000AED 1,133 per sqft
1 Nov 2007Sold by developerReady
AED 699,000AED 368 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
12th of 39
Parking
B655/ B656
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,000 /yr
Last sold
AED 2.15M · November 2007
Building
Sadaf 1

About 1207, Sadaf 1

1207 is a three-bedroom apartment of 1,897 sqft on the 12th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 November 2007 for AED 2,150,000, or AED 1,133 per sqft, 208% above the AED 368 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 August 2024, is AED 175,000 a year: a gross yield of 8.1% on the 2007 price, before the service charge of about AED 37,000 a year.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical three-bed in Sadaf 1
1M2M3M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 866,422; 2011 AED 1,547,900; 2012 AED 699,000; 2013 AED 2,150,000; 2014 AED 2,700,000; 2015 AED 2,350,000; 2016 AED 2,275,000; 2017 AED 2,100,000; 2019 AED 1,640,000; 2020 AED 1,220,000; 2021 AED 1,500,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,650,000; 2025 AED 2,825,000; 2026 AED 2,650,000Sold, November 2007: AED 2,150,000 (AED 1,133 per sqft)Sold by developer, November 2007: AED 699,000 (AED 368 per sqft)

1207 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1207, each contractTypical three-bed in Sadaf 1
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 163,900; 2016 AED 165,000; 2017 AED 155,000; 2018 AED 145,000; 2019 AED 120,000; 2020 AED 107,500; 2021 AED 100,000; 2022 AED 118,050; 2023 AED 144,000; 2024 AED 165,000; 2025 AED 175,000; 2026 AED 172,500New contract, April 2021: AED 92,000 a yearRenewal, April 2022: AED 92,000 a yearNew contract, September 2022: AED 130,000 a yearRenewal, September 2023: AED 150,000 a yearNew contract, August 2024: AED 175,000 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 Sadaf 1, and where 1207 sits

All 54 3-beds →

1207 last sold in November 2007 at AED 1,133 per sqft, 208% above what three-beds in Sadaf 1 were fetching at the time (AED 368). Over the last 12 months three-beds sold for AED 2,572,110 to 2,950,000, around AED 1,385 per sqft, and rent for AED 130,000 to 200,000 a year. 1207's AED 175,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Aug 20262,950,000
24 Feb 20262,650,000
3 Feb 20262,572,110
17 Apr 20252,800,000
3 3-bed sales in the last 12 months

Sadaf 1

Building

121 apartments, studios to 4-bed over 39 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 8 sold in the last 12 months.

Typical price per sqft
AED 1,407
Typical sale
AED 2.65M
Typical rent
AED 150K /yr
Typical yield
6.5%
Sadaf 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 121 units in Sadaf 1
Value
12063-bedAED 2.2M · Nov 2023
12082-bedAED 1.5M · Sep 2019
12092-bedAED 2.4M · Mar 2024

1207, Sadaf 1 in numbers

  • Sold twice: first on 1 November 2007 for AED 699,000, last on 29 November 2007 for AED 2,150,000 (AED 1,133 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 92,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2007 price is 8.1%, before a service charge of about AED 37,000 a year (AED 19.53 per sqft).
  • Three-beds in Sadaf 1 sold for AED 2,572,110–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,407 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 1207, Sadaf 1

What did unit 1207 last sell for?

AED 2,150,000 on 29 November 2007: AED 1,133 per sqft for 1,897 sqft. The unit has 2 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 1207?

AED 175,000 a year on the contract signed on 15 August 2024. The previous contract, from September 2023, was AED 150,000; the unit has been rented since April 2021.

How big is unit 1207?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 12th floor of a 39-storey tower completed in 2007.

What is unit 1207 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 1 sold for AED 2,572,110 to 2,950,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on 1207, Sadaf 1

Starts from the last sale price (AED 2.15M, 29 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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