4-bed · 3,114 sqftSadaf 1, Jumeirah Beach Residence · 33rd floor · completed 2007

3304, Sadaf 1

Sold prices and rental history: sold 3 times, last in March 2014, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3304 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 4.25M16 March 2014
Current rentAED 120K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3304, Sadaf 1

What is 3304 worth today?

Last sold for AED 4,250,000 in 2014

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1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 39 per sqft
1 Aug 2016RentedNew contract
AED 225,000/yr12 months · AED 72 per sqft
16 Mar 2014SoldReady
AED 4,250,000AED 1,364 per sqft
3 Aug 2008SoldReady
AED 4,191,250AED 1,345 per sqft
10 Feb 2008Sold by developerReady
AED 949,000AED 304 per sqft

Source: Dubai Land Department. Updated 1 September 2019.

Key facts

Type
4-bed apartment
Size
3,114 sqft
Floor
33rd of 39
Parking
M363
Developer
Dubai Properties
Completed
2007
Service charge
AED 60,800 /yr
Last sold
AED 4.25M · March 2014
Building
Sadaf 1

About 3304, Sadaf 1

3304 is a four-bedroom apartment of 3,114 sqft on the 33rd floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 16 March 2014 for AED 4,250,000, or AED 1,364 per sqft, 25% above the AED 1,091 four-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 September 2019, is AED 120,000 a year: a gross yield of 2.8% on the 2014 price, before the service charge of about AED 60,800 a year.

Sales and rents for 3304 over time

Sales
Unit 3304, 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, February 2008: AED 949,000 (AED 304 per sqft)Sold, August 2008: AED 4,191,250 (AED 1,345 per sqft)Sold, March 2014: AED 4,250,000 (AED 1,364 per sqft)

3304 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3304, 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, August 2016: AED 225,000 a yearNew contract, September 2019: AED 120,000 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 3304 sits

All 28 4-beds →

3304 last sold in March 2014 at AED 1,364 per sqft, 25% above what four-beds in Sadaf 1 were fetching at the time (AED 1,091). 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. 3304's AED 120,000 is at the bottom 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 33rd floor

All 121 units in Sadaf 1
Value
33054-bedAED 2.9M · Apr 2013

3304, Sadaf 1 in numbers

  • Sold 3 times: first on 10 February 2008 for AED 949,000, last on 16 March 2014 for AED 4,250,000 (AED 1,364 per sqft).
  • Rented since August 2016 on 2 Ejari contracts, from AED 225,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2014 price is 2.8%, before a service charge of about AED 60,800 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 September 2019.

Questions about 3304, Sadaf 1

What did unit 3304 last sell for?

AED 4,250,000 on 16 March 2014: AED 1,364 per sqft for 3,114 sqft. The unit has 3 registered sales; the first was AED 949,000 in February 2008.

What is the rent for unit 3304?

AED 120,000 a year on the contract signed on 1 September 2019. The previous contract, from August 2016, was AED 225,000.

How big is unit 3304?

3,114 sqft (289.3 sqm): a four-bedroom apartment on the 33rd floor of a 39-storey tower completed in 2007.

What is unit 3304 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 3304, Sadaf 1

Starts from the last sale price (AED 4.25M, 16 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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