2-bed · 1,402 sqftSadaf 1, Jumeirah Beach Residence · 14th floor · completed 2007

1408, Sadaf 1

Sold prices and rental history: sold twice, last in July 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 13 July 2015
Last soldAED 2.1M13 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Sadaf 1

What is 1408 worth today?

Last sold for AED 2,100,000 in 2015

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13 Jul 2015SoldReady
AED 2,100,000AED 1,497 per sqft
18 Mar 2008Sold by developerReady
AED 599,000AED 427 per sqft

Source: Dubai Land Department. Updated 13 July 2015.

Key facts

Type
2-bed apartment
Size
1,402 sqft
Floor
14th of 39
Parking
M487
Developer
Dubai Properties
Completed
2007
Service charge
AED 27,400 /yr
Last sold
AED 2.1M · July 2015
Building
Sadaf 1

About 1408, Sadaf 1

1408 is a two-bedroom apartment of 1,402 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 13 July 2015 for AED 2,100,000, or AED 1,497 per sqft, 4% below the AED 1,563 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical two-bed in Sadaf 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 574,500; 2008 AED 599,000; 2009 AED 599,000; 2010 AED 668,713; 2012 AED 1,350,000; 2013 AED 1,760,000; 2014 AED 2,292,500; 2015 AED 1,850,000; 2021 AED 1,520,000; 2023 AED 1,962,500; 2024 AED 2,250,000; 2025 AED 2,075,000; 2026 AED 2,175,000Sold by developer, March 2008: AED 599,000 (AED 427 per sqft)Sold, July 2015: AED 2,100,000 (AED 1,497 per sqft)

1408 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Sadaf 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 105,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 129,091; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 105,000; 2020 AED 88,750; 2021 AED 82,500; 2022 AED 94,500; 2023 AED 115,000; 2024 AED 125,962; 2025 AED 130,000; 2026 AED 131,853

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sadaf 1, and where 1408 sits

All 38 2-beds →

1408 last sold in July 2015 at AED 1,497 per sqft, 4% below what two-beds in Sadaf 1 were fetching at the time (AED 1,563). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,551 per sqft, and rent for AED 110,000 to 215,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,000,000
1 Oct 20262,175,000
3 Apr 20262,650,000
29 Oct 20252,725,000
3 2-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
14063-bedAED 2.7M · Dec 2022
14073-bedAED 1.6M · Mar 2011
14092-bedAED 1.75M · May 2023

1408, Sadaf 1 in numbers

  • Sold twice: first on 18 March 2008 for AED 599,000, last on 13 July 2015 for AED 2,100,000 (AED 1,497 per sqft).
  • Two-beds in Sadaf 1 sold for AED 2,000,000–2,650,000 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 13 July 2015.

Questions about 1408, Sadaf 1

What did unit 1408 last sell for?

AED 2,100,000 on 13 July 2015: AED 1,497 per sqft for 1,402 sqft. The unit has 2 registered sales; the first was AED 599,000 in March 2008.

How big is unit 1408?

1,402 sqft (130.3 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower completed in 2007.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 1 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,551 per sqft.

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Mortgage on 1408, Sadaf 1

Starts from the last sale price (AED 2.1M, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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