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3-bed · 1,883 sqftSadaf 1, Jumeirah Beach Residence · 5th floor · completed 2007

506, Sadaf 1

Sold prices and rental history: sold 4 times, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 22 July 2022
Last soldAED 1.8M22 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Sadaf 1

What is 506 worth today?

Last sold for AED 1,800,000 in 2022

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22 Jul 2022SoldReady
AED 1,800,000AED 955 per sqft
14 Sep 2008SoldReady
AED 3,453,500AED 1,833 per sqft
1 Nov 2007SoldReady
AED 1,950,000AED 1,035 per sqft
20 Sep 2007Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 22 July 2022.

Key facts

Type
3-bed apartment
Size
1,883 sqft
Floor
5th of 39
Parking
B444/ B445
Developer
Dubai Properties
Completed
2007
Service charge
AED 36,800 /yr
Last sold
AED 1.8M · July 2022
Building
Sadaf 1

About 506, Sadaf 1

506 is a three-bedroom apartment of 1,883 sqft on the 5th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 July 2022 for AED 1,800,000, or AED 955 per sqft, in line with the AED 955 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Sadaf 1
2M20072012201720222027Typical 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, September 2007: AED 699,000 (AED 371 per sqft)Sold, November 2007: AED 1,950,000 (AED 1,035 per sqft)Sold, September 2008: AED 3,453,500 (AED 1,833 per sqft)Sold, July 2022: AED 1,800,000 (AED 955 per sqft)

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

Rents
Unit 506, 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 506 sits

All 54 3-beds →

506 last sold in July 2022 at AED 955 per sqft, in line with what three-beds in Sadaf 1 were fetching at the time (AED 955). 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 5th floor

All 121 units in Sadaf 1
Value
5073-bedAED 1.69M · Apr 2021
5082-bedAED 550K · Oct 2007
5092-bedAED 275K · Mar 2008

506, Sadaf 1 in numbers

  • Sold 4 times: first on 20 September 2007 for AED 699,000, last on 22 July 2022 for AED 1,800,000 (AED 955 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 22 July 2022.

Questions about 506, Sadaf 1

What did unit 506 last sell for?

AED 1,800,000 on 22 July 2022: AED 955 per sqft for 1,883 sqft. The unit has 4 registered sales; the first was AED 699,000 in September 2007.

How big is unit 506?

1,883 sqft (174.9 sqm): a three-bedroom apartment on the 5th floor of a 39-storey tower completed in 2007.

What is unit 506 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 506, Sadaf 1

Starts from the last sale price (AED 1.8M, 22 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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