3-bed · 1,890 sqftSadaf 1, Jumeirah Beach Residence · 14th floor · completed 2007

1406, Sadaf 1

Sold prices and rental history: sold 8 times, last in December 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 2.7M14 December 2022
Current rentAED 110K /yr10 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Sadaf 1

What is 1406 worth today?

Last sold for AED 2,700,000 in 2022

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14 Dec 2022SoldReady
AED 2,700,000AED 1,428 per sqft
28 Oct 2022SoldReady
AED 1,777,000AED 940 per sqft
12 Aug 2020SoldReady
AED 1,140,000AED 603 per sqft
10 Jan 2020RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
15 May 2017RentedNew contract
AED 165,000/yr12 months · AED 87 per sqft
15 May 2016RentedNew contract
AED 165,000/yr12 months · AED 87 per sqft
21 Jul 2015SoldReady
AED 2,100,000AED 1,110 per sqft
2 Jan 2014SoldReady
AED 2,750,000AED 1,454 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
3-bed apartment
Size
1,890 sqft
Floor
14th of 39
Parking
B648/ B649
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,900 /yr
Last sold
AED 2.7M · December 2022
Building
Sadaf 1

About 1406, Sadaf 1

1406 is a three-bedroom apartment of 1,890 sqft on the 14th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 December 2022 for AED 2,700,000, or AED 1,428 per sqft, 50% above the AED 955 three-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 10 January 2020, is AED 110,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 36,900 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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 by developer, August 2008: AED 699,000 (AED 369 per sqft)Sold, September 2008: AED 1,550,000 (AED 819 per sqft)Sold, July 2013: AED 2,375,000 (AED 1,256 per sqft)Sold, January 2014: AED 2,750,000 (AED 1,454 per sqft)Sold, July 2015: AED 2,100,000 (AED 1,110 per sqft)Sold, August 2020: AED 1,140,000 (AED 603 per sqft)Sold, October 2022: AED 1,777,000 (AED 940 per sqft)Sold, December 2022: AED 2,700,000 (AED 1,428 per sqft)

1406 has sold 8 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1406, 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, May 2016: AED 165,000 a yearNew contract, May 2017: AED 165,000 a yearNew contract, January 2020: AED 110,000 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 1406 sits

All 54 3-beds →

1406 last sold in December 2022 at AED 1,428 per sqft, 50% above what three-beds in Sadaf 1 were fetching at the time (AED 955). 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. 1406's AED 110,000 is at the bottom 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 14th floor

All 121 units in Sadaf 1
Value
14073-bedAED 1.6M · Mar 2011
14082-bedAED 2.1M · Jul 2015
14092-bedAED 1.75M · May 2023

1406, Sadaf 1 in numbers

  • Sold 8 times: first on 31 August 2008 for AED 699,000, last on 14 December 2022 for AED 2,700,000 (AED 1,428 per sqft).
  • Rented since May 2016 on 3 Ejari contracts, from AED 165,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 36,900 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 14 December 2022.

Questions about 1406, Sadaf 1

What did unit 1406 last sell for?

AED 2,700,000 on 14 December 2022: AED 1,428 per sqft for 1,890 sqft. The unit has 8 registered sales; the first was AED 699,000 in August 2008.

What is the rent for unit 1406?

AED 110,000 a year on the contract signed on 10 January 2020. The previous contract, from May 2017, was AED 165,000; the unit has been rented since May 2016.

How big is unit 1406?

1,890 sqft (175.6 sqm): a three-bedroom apartment on the 14th floor of a 39-storey tower completed in 2007.

What is unit 1406 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 1406, Sadaf 1

Starts from the last sale price (AED 2.7M, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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