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4-bed · 2,758 sqftSadaf 1, Jumeirah Beach Residence · 36th floor · completed 2007

3605, Sadaf 1

Sold prices and rental history: sold twice, last in April 2008, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3605 · DLD and Ejari recordsUpdated 20 September 2021
Last soldAED 3.65M22 April 2008
Current rentAED 130K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3605, Sadaf 1

What is 3605 worth today?

Last sold for AED 3,650,000 in 2008

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20 Sep 2021RentedRenewal
AED 130,000/yr14 months · AED 47 per sqft
20 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
22 Apr 2008SoldReady
AED 3,650,000AED 1,323 per sqft
5 Nov 2007Sold by developerReady
AED 949,000AED 344 per sqft

Source: Dubai Land Department. Updated 20 September 2021.

Key facts

Type
4-bed apartment
Size
2,758 sqft
Floor
36th of 39
Parking
G479/ G480
Developer
Dubai Properties
Completed
2007
Service charge
AED 53,900 /yr
Last sold
AED 3.65M · April 2008
Building
Sadaf 1

About 3605, Sadaf 1

3605 is a four-bedroom apartment of 2,758 sqft on the 36th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 April 2008 for AED 3,650,000, or AED 1,323 per sqft, 285% above the AED 344 four-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 20 September 2021, is AED 130,000 a year: a gross yield of 3.6% on the 2008 price, before the service charge of about AED 53,900 a year.

Sales and rents for 3605 over time

Sales
Unit 3605, 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, November 2007: AED 949,000 (AED 344 per sqft)Sold, April 2008: AED 3,650,000 (AED 1,323 per sqft)

3605 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3605, 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, September 2020: AED 130,000 a yearRenewal, September 2021: AED 130,000 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 3605 sits

All 28 4-beds →

3605 last sold in April 2008 at AED 1,323 per sqft, 285% above what four-beds in Sadaf 1 were fetching at the time (AED 344). 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. 3605's AED 130,000 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 36th floor

All 121 units in Sadaf 1
Value
36044-bedAED 949K · Apr 2013

3605, Sadaf 1 in numbers

  • Sold twice: first on 5 November 2007 for AED 949,000, last on 22 April 2008 for AED 3,650,000 (AED 1,323 per sqft).
  • Rented since September 2020 on 2 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2008 price is 3.6%, before a service charge of about AED 53,900 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 20 September 2021.

Questions about 3605, Sadaf 1

What did unit 3605 last sell for?

AED 3,650,000 on 22 April 2008: AED 1,323 per sqft for 2,758 sqft. The unit has 2 registered sales; the first was AED 949,000 in November 2007.

What is the rent for unit 3605?

AED 130,000 a year on the contract renewed on 20 September 2021. The previous contract, from September 2020, was AED 130,000.

How big is unit 3605?

2,758 sqft (256.2 sqm): a four-bedroom apartment on the 36th floor of a 39-storey tower completed in 2007.

What is unit 3605 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 3605, Sadaf 1

Starts from the last sale price (AED 3.65M, 22 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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