3-bed · 1,924 sqftSadaf 1, Jumeirah Beach Residence · 25th floor · completed 2007

2506, Sadaf 1

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2506 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 699K5 June 2008
Current rentAED 170K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2506, Sadaf 1

What is 2506 worth today?

Last sold for AED 699,000 in 2008

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20 Mar 2024RentedRenewal
AED 170,000/yr12 months · AED 88 per sqft
20 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
20 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
20 Mar 2020RentedRenewal
AED 115,000/yr12 months · AED 60 per sqft
20 Mar 2019RentedNew contract
AED 125,000/yr12 months · AED 65 per sqft
15 Nov 2018RentedRenewal
AED 157,312/yr2 months · AED 82 per sqft
15 Nov 2017RentedRenewal
AED 170,000/yr12 months · AED 88 per sqft
15 Nov 2016RentedNew contract
AED 170,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
3-bed apartment
Size
1,924 sqft
Floor
25th of 39
Parking
M641/ M642
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,600 /yr
Last sold
AED 699K · June 2008
Building
Sadaf 1

About 2506, Sadaf 1

2506 is a three-bedroom apartment of 1,924 sqft on the 25th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 June 2008 for AED 699,000, or AED 363 per sqft, in line with the AED 369 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 March 2024, is AED 170,000 a year: a gross yield of 24.3% on the 2008 price, before the service charge of about AED 37,600 a year.

Sales and rents for 2506 over time

Sales
Unit 2506, each saleTypical three-bed in Sadaf 1
1M2M3M20072012201720222027Typical 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, June 2008: AED 699,000 (AED 363 per sqft)

2506 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2506, 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, April 2013: AED 155,000 a yearNew contract, November 2016: AED 170,000 a yearRenewal, November 2017: AED 170,000 a yearRenewal, November 2018: AED 157,312 a yearNew contract, March 2019: AED 125,000 a yearRenewal, March 2020: AED 115,000 a yearNew contract, March 2021: AED 105,000 a yearRenewal, March 2022: AED 115,000 a yearRenewal, March 2024: AED 170,000 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 2506 sits

All 54 3-beds →

2506 last sold in June 2008 at AED 363 per sqft, in line with what three-beds in Sadaf 1 were fetching at the time (AED 369). 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. 2506's AED 170,000 is in the upper 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 25th floor

All 121 units in Sadaf 1
Value
25053-bedAED 699K · Dec 2012
25074-bedAED 2.2M · May 2012

2506, Sadaf 1 in numbers

  • Sold once: by Dubai Properties on 5 June 2008 for AED 699,000, or AED 363 per sqft.
  • Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2021 and recovered to AED 170,000 by March 2024.
  • At AED 170,000 a year the gross yield on the 2008 price is 24.3%, before a service charge of about AED 37,600 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 20 March 2024.

Questions about 2506, Sadaf 1

What did unit 2506 last sell for?

AED 699,000 on 5 June 2008, sold by the developer: AED 363 per sqft for 1,924 sqft. It is the only registered sale of the unit.

What is the rent for unit 2506?

AED 170,000 a year on the contract renewed on 20 March 2024. The previous contract, from March 2022, was AED 115,000; the unit has been rented since April 2013.

How big is unit 2506?

1,924 sqft (178.7 sqm): a three-bedroom apartment on the 25th floor of a 39-storey tower completed in 2007.

What is unit 2506 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 2506, Sadaf 1

Starts from the last sale price (AED 699K, 5 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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