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4-bed · 3,114 sqftSadaf 1, Jumeirah Beach Residence · 35th floor · completed 2007

3504, Sadaf 1

Sold prices and rental history: sold 4 times, last in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 3.59M14 September 2022
Current rentAED 160K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3504, Sadaf 1

What is 3504 worth today?

Last sold for AED 3,590,000 in 2022

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14 Sep 2022SoldReady
AED 3,590,000AED 1,152 per sqft
14 Sep 2022SoldReady
AED 3,590,000AED 1,152 per sqft
9 Mar 2022SoldReady
AED 1,450,000AED 465 per sqft
15 Oct 2020RentedRenewal
AED 160,000/yr12 months · AED 51 per sqft
15 Oct 2019RentedNew contract
AED 160,000/yr12 months · AED 51 per sqft
2 Apr 2008Sold by developerReady
AED 949,000AED 304 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
4-bed apartment
Size
3,114 sqft
Floor
35th of 39
Parking
G330/ G331
Developer
Dubai Properties
Completed
2007
Service charge
AED 60,800 /yr
Last sold
AED 3.59M · September 2022
Building
Sadaf 1

About 3504, Sadaf 1

3504 is a four-bedroom apartment of 3,114 sqft on the 35th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 September 2022 for AED 3,590,000, or AED 1,152 per sqft, in line with the AED 1,152 four-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 October 2020, is AED 160,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 60,800 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, April 2008: AED 949,000 (AED 304 per sqft)Sold, March 2022: AED 1,450,000 (AED 465 per sqft)Sold, September 2022: AED 3,590,000 (AED 1,152 per sqft)Sold, September 2022: AED 3,590,000 (AED 1,152 per sqft)

3504 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3504, 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, October 2019: AED 160,000 a yearRenewal, October 2020: AED 160,000 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 3504 sits

All 28 4-beds →

3504 last sold in September 2022 at AED 1,152 per sqft, in line with what four-beds in Sadaf 1 were fetching at the time (AED 1,152). 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. 3504's AED 160,000 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 35th floor

All 121 units in Sadaf 1
Value
35054-bedAED 949K · Apr 2008

3504, Sadaf 1 in numbers

  • Sold 4 times: first on 2 April 2008 for AED 949,000, last on 14 September 2022 for AED 3,590,000 (AED 1,152 per sqft).
  • Rented since October 2019 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 4.5%, 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 14 September 2022.

Questions about 3504, Sadaf 1

What did unit 3504 last sell for?

AED 3,590,000 on 14 September 2022: AED 1,152 per sqft for 3,114 sqft. The unit has 4 registered sales; the first was AED 949,000 in April 2008.

What is the rent for unit 3504?

AED 160,000 a year on the contract renewed on 15 October 2020. The previous contract, from October 2019, was AED 160,000.

How big is unit 3504?

3,114 sqft (289.3 sqm): a four-bedroom apartment on the 35th floor of a 39-storey tower completed in 2007.

What is unit 3504 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 3504, Sadaf 1

Starts from the last sale price (AED 3.59M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,590,000
Deposit, UAE resident (20%)
AED 718,000
Deposit, non-resident (40%)
AED 1,436,000
Monthly over 25 years at 3.7%
AED 14,688

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