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4-bed · 2,756 sqftSadaf 1, Jumeirah Beach Residence · 23rd floor · completed 2007

2307, Sadaf 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2307 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 3.22M5 April 2024
Current rentAED 220K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2307, Sadaf 1

What is 2307 worth today?

Last sold for AED 3,220,000 in 2024

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5 Apr 2024SoldReady
AED 3,220,000AED 1,168 per sqft
15 Sep 2022RentedNew contract
AED 220,000/yr12 months · AED 80 per sqft
17 Mar 2022RentedRenewal
AED 220,000/yr6 months · AED 80 per sqft
17 Mar 2021RentedRenewal
AED 220,000/yr12 months · AED 80 per sqft
17 Sep 2020RentedRenewal
AED 220,000/yr6 months · AED 80 per sqft
17 Sep 2019RentedNew contract
AED 235,000/yr12 months · AED 85 per sqft
1 Jun 2018RentedRenewal
AED 210,000/yr12 months · AED 76 per sqft
1 Jun 2017RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
4-bed apartment
Size
2,756 sqft
Floor
23rd of 39
Parking
M548/ 549
Developer
Dubai Properties
Completed
2007
Service charge
AED 53,800 /yr
Last sold
AED 3.22M · April 2024
Building
Sadaf 1

About 2307, Sadaf 1

2307 is a four-bedroom apartment of 2,756 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 5 April 2024 for AED 3,220,000, or AED 1,168 per sqft, in line with the AED 1,161 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 September 2022, is AED 220,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 53,800 a year.

Sales and rents for 2307 over time

Sales
Unit 2307, each saleTypical four-bed in Sadaf 1
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2009 AED 3,150,000; 2010 AED 1,100,000; 2011 AED 949,000; 2013 AED 2,900,000; 2014 AED 2,524,500; 2022 AED 3,590,000; 2024 AED 3,750,000Sold by developer, June 2010: AED 949,000 (AED 344 per sqft)Sold, June 2010: AED 1,100,000 (AED 399 per sqft)Sold, April 2024: AED 3,220,000 (AED 1,168 per sqft)

2307 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2307, each contractTypical four-bed in Sadaf 1
200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 197,500; 2014 AED 220,000; 2015 AED 215,000; 2016 AED 220,000; 2017 AED 200,539; 2018 AED 190,000; 2019 AED 152,500; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 150,938; 2023 AED 189,000; 2024 AED 220,625; 2025 AED 250,000; 2026 AED 245,000New contract, November 2013: AED 210,000 a yearRenewal, November 2014: AED 231,967 a yearNew contract, May 2016: AED 210,000 a yearNew contract, June 2017: AED 200,000 a yearRenewal, June 2018: AED 210,000 a yearNew contract, September 2019: AED 235,000 a yearRenewal, September 2020: AED 220,000 a yearRenewal, March 2021: AED 220,000 a yearRenewal, March 2022: AED 220,000 a yearNew contract, September 2022: AED 220,000 a year

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

4-beds in Sadaf 1, and where 2307 sits

All 28 4-beds →

2307 last sold in April 2024 at AED 1,168 per sqft, in line with what four-beds in Sadaf 1 were fetching at the time (AED 1,161). Over the last 12 months four-beds sold for AED 3,475,000 to 8,750,000, around AED 1,323 per sqft, and rent for AED 190,000 to 270,000 a year. 2307's AED 220,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
5 Aug 20263,475,000
14 Jan 20268,750,000
12 Aug 20244,050,000
26 Jul 20247,185,000
2 4-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
23053-bedAED 3M · Feb 2015
23063-bedAED 699K · Jan 2014

2307, Sadaf 1 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,100,000, last on 5 April 2024 for AED 3,220,000 (AED 1,168 per sqft).
  • Rented since November 2013 on 10 Ejari contracts, from AED 210,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 53,800 a year (AED 19.53 per sqft).
  • Four-beds in Sadaf 1 sold for AED 3,475,000–8,750,000 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 5 April 2024.

Questions about 2307, Sadaf 1

What did unit 2307 last sell for?

AED 3,220,000 on 5 April 2024: AED 1,168 per sqft for 2,756 sqft. The unit has 3 registered sales; the first was AED 1,100,000 in June 2010.

What is the rent for unit 2307?

AED 220,000 a year on the contract signed on 15 September 2022. The previous contract, from March 2022, was AED 220,000; the unit has been rented since November 2013.

How big is unit 2307?

2,756 sqft (256.0 sqm): a four-bedroom apartment on the 23rd floor of a 39-storey tower completed in 2007.

What is unit 2307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 1 sold for AED 3,475,000 to 8,750,000 in the last 12 months, around AED 1,323 per sqft.

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Mortgage on 2307, Sadaf 1

Starts from the last sale price (AED 3.22M, 5 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,220,000
Deposit, UAE resident (20%)
AED 644,000
Deposit, non-resident (40%)
AED 1,288,000
Monthly over 25 years at 3.7%
AED 13,174

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