1506, Sadaf 1
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Sadaf 1
What is 1506 worth today?
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Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,890 sqft
- Floor
- 15th of 39
- Parking
- B640/ B641
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 36,900 /yr
- Last sold
- AED 2.65M · September 2024
- Building
- Sadaf 1
About 1506, Sadaf 1
1506 is a three-bedroom apartment of 1,890 sqft on the 15th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 September 2024 for AED 2,650,000, or AED 1,401 per sqft, 12% above the AED 1,255 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 December 2023, is AED 159,116 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 36,900 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1506 sits
All 54 3-beds →1506 last sold in September 2024 at AED 1,401 per sqft, 12% above what three-beds in Sadaf 1 were fetching at the time (AED 1,255). 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. 1506's AED 159,116 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Aug 202621 August 2026 | 1,897 sqft | 2,950,000 | 1,555 | ||
| 24 Feb 202624 February 2026 | 1,913 sqft | 2,650,000 | 1,385 | ||
| 3 Feb 20263 February 2026 | 1,924 sqft | 2,572,110 | 1,336 | ||
| 17 Apr 202517 April 2025 | 1,911 sqft | 2,800,000 | 1,465 |
Sadaf 1
Building121 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%
Other units on the 15th floor
All 121 units in Sadaf 11506, Sadaf 1 in numbers
- Sold 3 times: first on 29 January 2008 for AED 699,000, last on 3 September 2024 for AED 2,650,000 (AED 1,401 per sqft).
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2021 and recovered to AED 159,116 by December 2023.
- At AED 159,116 a year the gross yield on the 2024 price is 6.0%, 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 3 September 2024.
Questions about 1506, Sadaf 1
What did unit 1506 last sell for?
AED 2,650,000 on 3 September 2024: AED 1,401 per sqft for 1,890 sqft. The unit has 3 registered sales; the first was AED 699,000 in January 2008.
What is the rent for unit 1506?
AED 159,116 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 160,000; the unit has been rented since April 2013.
How big is unit 1506?
1,890 sqft (175.6 sqm): a three-bedroom apartment on the 15th floor of a 39-storey tower completed in 2007.
What is unit 1506 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 1506, Sadaf 1
Starts from the last sale price (AED 2.65M, 3 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,650,000
- Deposit, UAE resident (20%)
- AED 530,000
- Deposit, non-resident (40%)
- AED 1,060,000
- Monthly over 25 years at 3.7%
- AED 10,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →