1508, Sadaf 1
Sold prices and rental history: sold 3 times, last in November 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Sadaf 1
What is 1508 worth today?
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Source: Dubai Land Department. Updated 14 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,402 sqft
- Floor
- 15th of 39
- Parking
- B334
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 27,400 /yr
- Last sold
- AED 2.25M · November 2024
- Building
- Sadaf 1
About 1508, Sadaf 1
1508 is a two-bedroom apartment of 1,402 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 14 November 2024 for AED 2,250,000, or AED 1,604 per sqft, 5% above the AED 1,526 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 8 December 2021, is AED 100,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 27,400 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1508 sits
All 38 2-beds →1508 last sold in November 2024 at AED 1,604 per sqft, 5% above what two-beds in Sadaf 1 were fetching at the time (AED 1,526). 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. 1508's AED 100,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,402 sqft | 2,000,000 | 1,426 | ||
| 1 Oct 20261 October 2026 | 1,402 sqft | 2,175,000 | 1,551 | ||
| 3 Apr 20263 April 2026 | 1,395 sqft | 2,650,000 | 1,899 | ||
| 29 Oct 202529 October 2025 | 1,402 sqft | 2,725,000 | 1,943 |
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 11508, Sadaf 1 in numbers
- Sold 3 times: first on 14 January 2009 for AED 599,000, last on 14 November 2024 for AED 2,250,000 (AED 1,604 per sqft).
- Rented since January 2013 on 3 Ejari contracts, from AED 95,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 27,400 a year (AED 19.53 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 14 November 2024.
Questions about 1508, Sadaf 1
What did unit 1508 last sell for?
AED 2,250,000 on 14 November 2024: AED 1,604 per sqft for 1,402 sqft. The unit has 3 registered sales; the first was AED 599,000 in January 2009.
What is the rent for unit 1508?
AED 100,000 a year on the contract renewed on 8 December 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since January 2013.
How big is unit 1508?
1,402 sqft (130.3 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower completed in 2007.
What is unit 1508 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 1508, Sadaf 1
Starts from the last sale price (AED 2.25M, 14 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →