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3-bed · 1,911 sqftSadaf 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2305, Sadaf 1

Sold prices and rental history: sold twice, last in February 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 2 February 2015
Last soldAED 3M2 February 2015
Current rentAED 160K /yr1 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2305, Sadaf 1

What is 2305 worth today?

Last sold for AED 3,000,000 in 2015

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2 Feb 2015SoldReady
AED 3,000,000AED 1,569 per sqft
1 Jul 2014RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
1 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 76 per sqft
25 May 2008Sold by developerReady
AED 699,000AED 365 per sqft

Source: Dubai Land Department. Updated 2 February 2015.

Key facts

Type
3-bed apartment
Size
1,911 sqft
Floor
23rd of 39
Parking
M485/ M486
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,300 /yr
Last sold
AED 3M · February 2015
Building
Sadaf 1

About 2305, Sadaf 1

2305 is a three-bedroom apartment of 1,911 sqft on the 23rd floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 February 2015 for AED 3,000,000, or AED 1,569 per sqft, in line with the AED 1,533 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 July 2014, is AED 160,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 37,300 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical three-bed in Sadaf 1
2M20072012201720222027Typical 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, May 2008: AED 699,000 (AED 365 per sqft)Sold, February 2015: AED 3,000,000 (AED 1,569 per sqft)

2305 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2305, 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, July 2013: AED 145,000 a yearNew contract, July 2014: AED 160,000 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 2305 sits

All 54 3-beds →

2305 last sold in February 2015 at AED 1,569 per sqft, in line with what three-beds in Sadaf 1 were fetching at the time (AED 1,533). 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. 2305's AED 160,000 is in the lower 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 23rd floor

All 121 units in Sadaf 1
Value
23063-bedAED 699K · Jan 2014
23074-bedAED 3.22M · Apr 2024

2305, Sadaf 1 in numbers

  • Sold twice: first on 25 May 2008 for AED 699,000, last on 2 February 2015 for AED 3,000,000 (AED 1,569 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 145,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 37,300 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 2 February 2015.

Questions about 2305, Sadaf 1

What did unit 2305 last sell for?

AED 3,000,000 on 2 February 2015: AED 1,569 per sqft for 1,911 sqft. The unit has 2 registered sales; the first was AED 699,000 in May 2008.

What is the rent for unit 2305?

AED 160,000 a year on the contract signed on 1 July 2014. The previous contract, from July 2013, was AED 145,000.

How big is unit 2305?

1,911 sqft (177.5 sqm): a three-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2007.

What is unit 2305 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 2305, Sadaf 1

Starts from the last sale price (AED 3M, 2 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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