3-bed · 1,897 sqftSadaf 1, Jumeirah Beach Residence · 4th floor · completed 2007

407, Sadaf 1

Sold prices and rental history: sold 4 times, last in July 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 9 July 2015
Last soldAED 2.6M9 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Sadaf 1

What is 407 worth today?

Last sold for AED 2,600,000 in 2015

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9 Jul 2015SoldReady
AED 2,600,000AED 1,370 per sqft
4 May 2014SoldReady
AED 2,839,500AED 1,497 per sqft
30 Jan 2013SoldReady
AED 1,950,000AED 1,028 per sqft
27 Dec 2011Sold by developerReady
AED 699,000AED 368 per sqft

Source: Dubai Land Department. Updated 9 July 2015.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
4th of 39
Parking
B663
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,000 /yr
Last sold
AED 2.6M · July 2015
Building
Sadaf 1

About 407, Sadaf 1

407 is a three-bedroom apartment of 1,897 sqft on the 4th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 July 2015 for AED 2,600,000, or AED 1,370 per sqft, 7% below the AED 1,470 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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, December 2011: AED 699,000 (AED 368 per sqft)Sold, January 2013: AED 1,950,000 (AED 1,028 per sqft)Sold, May 2014: AED 2,839,500 (AED 1,497 per sqft)Sold, July 2015: AED 2,600,000 (AED 1,370 per sqft)

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

Rents
Unit 407, 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 172,500

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 407 sits

All 54 3-beds →

407 last sold in July 2015 at AED 1,370 per sqft, 7% below what three-beds in Sadaf 1 were fetching at the time (AED 1,470). 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.

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 4th floor

All 121 units in Sadaf 1
Value
4063-bedAED 1.96M · Feb 2024
4082-bedAED 1.76M · Jun 2013
4092-bedAED 390K · Oct 2007

407, Sadaf 1 in numbers

  • Sold 4 times: first on 27 December 2011 for AED 699,000, last on 9 July 2015 for AED 2,600,000 (AED 1,370 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 9 July 2015.

Questions about 407, Sadaf 1

What did unit 407 last sell for?

AED 2,600,000 on 9 July 2015: AED 1,370 per sqft for 1,897 sqft. The unit has 4 registered sales; the first was AED 699,000 in December 2011.

How big is unit 407?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 4th floor of a 39-storey tower completed in 2007.

What is unit 407 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 407, Sadaf 1

Starts from the last sale price (AED 2.6M, 9 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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