4-bed · 2,756 sqftSadaf 1, Jumeirah Beach Residence · 24th floor · completed 2007

2407, Sadaf 1

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 3.2M14 December 2023
Current rentAED 250K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Sadaf 1

What is 2407 worth today?

Last sold for AED 3,200,000 in 2023

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1 Apr 2025RentedRenewal
AED 250,000/yr12 months · AED 91 per sqft
1 Apr 2025RentedRenewal
AED 250,000/yr12 months · AED 91 per sqft
1 Apr 2024RentedNew contract
AED 250,000/yr12 months · AED 91 per sqft
14 Dec 2023SoldReady
AED 3,200,000AED 1,161 per sqft
1 Jun 2023RentedRenewal
AED 132,000/yr12 months · AED 48 per sqft
1 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 Jun 2021RentedRenewal
AED 110,000/yr12 months · AED 40 per sqft
1 Jun 2020RentedRenewal
AED 115,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
4-bed apartment
Size
2,756 sqft
Floor
24th of 39
Parking
M552/ M553
Developer
Dubai Properties
Completed
2007
Service charge
AED 53,800 /yr
Last sold
AED 3.2M · December 2023
Building
Sadaf 1

About 2407, Sadaf 1

2407 is a four-bedroom apartment of 2,756 sqft on the 24th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 December 2023 for AED 3,200,000, or AED 1,161 per sqft.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 250,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 53,800 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, January 2009: AED 949,000 (AED 344 per sqft)Sold, December 2023: AED 3,200,000 (AED 1,161 per sqft)

2407 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2407, each contractTypical four-bed in Sadaf 1
100K200K2012201620202024Typical 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, June 2012: AED 155,000 a yearNew contract, June 2013: AED 163,000 a yearNew contract, June 2014: AED 175,000 a yearNew contract, June 2015: AED 190,000 a yearRenewal, June 2016: AED 190,000 a yearRenewal, June 2017: AED 190,000 a yearRenewal, June 2018: AED 170,458 a yearRenewal, June 2019: AED 150,000 a yearRenewal, June 2020: AED 115,000 a yearRenewal, June 2021: AED 110,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 132,000 a yearNew contract, April 2024: AED 250,000 a yearRenewal, April 2025: AED 250,000 a yearRenewal, April 2025: AED 250,000 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 2407 sits

All 28 4-beds →

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. 2407's AED 250,000 is in the upper 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 24th floor

All 121 units in Sadaf 1
Value
24053-bedAED 699K · Mar 2008
24063-bedAED 699K · Jan 2014

2407, Sadaf 1 in numbers

  • Sold twice: first on 12 January 2009 for AED 949,000, last on 14 December 2023 for AED 3,200,000 (AED 1,161 per sqft).
  • Rented since June 2012 on 15 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2021 and recovered to AED 250,000 by April 2025.
  • At AED 250,000 a year the gross yield on the 2023 price is 7.8%, 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 1 April 2025.

Questions about 2407, Sadaf 1

What did unit 2407 last sell for?

AED 3,200,000 on 14 December 2023: AED 1,161 per sqft for 2,756 sqft. The unit has 2 registered sales; the first was AED 949,000 in January 2009.

What is the rent for unit 2407?

AED 250,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 250,000; the unit has been rented since June 2012.

How big is unit 2407?

2,756 sqft (256.0 sqm): a four-bedroom apartment on the 24th floor of a 39-storey tower completed in 2007.

What is unit 2407 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 2407, Sadaf 1

Starts from the last sale price (AED 3.2M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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