2-bed · 1,389 sqftSadaf 1, Jumeirah Beach Residence · 4th floor · completed 2007

408, Sadaf 1

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

Unit 408 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 1.76M19 June 2013
Current rentAED 122K /yr21 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Sadaf 1

What is 408 worth today?

Last sold for AED 1,760,000 in 2013

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21 Jul 2025RentedNew contract
AED 122,000/yr12 months · AED 88 per sqft
21 Jul 2025RentedNew contract
AED 122,000/yr12 months · AED 88 per sqft
5 Jul 2024RentedNew contract
AED 100,000/yr6 months · AED 72 per sqft
5 Jul 2023RentedRenewal
AED 81,000/yr12 months · AED 58 per sqft
5 Jul 2022RentedRenewal
AED 80,000/yr12 months · AED 58 per sqft
5 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 52 per sqft
1 Jul 2020RentedRenewal
AED 76,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedRenewal
AED 96,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 21 July 2025.

Key facts

Type
2-bed apartment
Size
1,389 sqft
Floor
4th of 39
Parking
B664
Developer
Dubai Properties
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 1.76M · June 2013
Building
Sadaf 1

About 408, Sadaf 1

408 is a two-bedroom apartment of 1,389 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 19 June 2013 for AED 1,760,000, or AED 1,267 per sqft, 7% above the AED 1,188 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 21 July 2025, is AED 122,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 27,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Sadaf 1
1M2M20072012201720222027Typical sale price by year: 2007 AED 574,500; 2008 AED 599,000; 2009 AED 599,000; 2010 AED 668,713; 2012 AED 1,350,000; 2013 AED 1,760,000; 2014 AED 2,292,500; 2015 AED 1,850,000; 2021 AED 1,520,000; 2023 AED 1,962,500; 2024 AED 2,250,000; 2025 AED 2,075,000; 2026 AED 2,175,000Sold by developer, February 2008: AED 550,000 (AED 396 per sqft)Sold, June 2013: AED 1,760,000 (AED 1,267 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Sadaf 1
100K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 105,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 129,091; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 105,000; 2020 AED 88,750; 2021 AED 82,500; 2022 AED 94,500; 2023 AED 115,000; 2024 AED 125,962; 2025 AED 130,000; 2026 AED 131,853New contract, September 2013: AED 120,000 a yearNew contract, February 2014: AED 132,000 a yearNew contract, July 2014: AED 138,000 a yearNew contract, July 2016: AED 120,000 a yearRenewal, July 2017: AED 120,000 a yearRenewal, July 2018: AED 115,000 a yearRenewal, July 2019: AED 96,000 a yearRenewal, July 2020: AED 76,000 a yearNew contract, July 2021: AED 72,000 a yearRenewal, July 2022: AED 80,000 a yearRenewal, July 2023: AED 81,000 a yearNew contract, July 2024: AED 100,000 a yearNew contract, July 2025: AED 122,000 a yearNew contract, July 2025: AED 122,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sadaf 1, and where 408 sits

All 38 2-beds →

408 last sold in June 2013 at AED 1,267 per sqft, 7% above what two-beds in Sadaf 1 were fetching at the time (AED 1,188). Over the last 12 months two-beds sold for AED 2,000,000 to 2,650,000, around AED 1,551 per sqft, and rent for AED 110,000 to 215,000 a year. 408's AED 122,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,000,000
1 Oct 20262,175,000
3 Apr 20262,650,000
29 Oct 20252,725,000
3 2-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
4073-bedAED 2.6M · Jul 2015
4092-bedAED 390K · Oct 2007

408, Sadaf 1 in numbers

  • Sold twice: first on 26 February 2008 for AED 550,000, last on 19 June 2013 for AED 1,760,000 (AED 1,267 per sqft).
  • Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2021 and recovered to AED 122,000 by July 2025.
  • At AED 122,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 27,100 a year (AED 19.53 per sqft).
  • Two-beds in Sadaf 1 sold for AED 2,000,000–2,650,000 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 21 July 2025.

Questions about 408, Sadaf 1

What did unit 408 last sell for?

AED 1,760,000 on 19 June 2013: AED 1,267 per sqft for 1,389 sqft. The unit has 2 registered sales; the first was AED 550,000 in February 2008.

What is the rent for unit 408?

AED 122,000 a year on the contract signed on 21 July 2025. The previous contract, from July 2025, was AED 122,000; the unit has been rented since September 2013.

How big is unit 408?

1,389 sqft (129.0 sqm): a two-bedroom apartment on the 4th floor of a 39-storey tower completed in 2007.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 1 sold for AED 2,000,000 to 2,650,000 in the last 12 months, around AED 1,551 per sqft.

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Mortgage on 408, Sadaf 1

Starts from the last sale price (AED 1.76M, 19 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

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