509, Sadaf 1
Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Sadaf 1
What is 509 worth today?
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Source: Dubai Land Department. Updated 11 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,397 sqft
- Floor
- 5th of 39
- Parking
- B665
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 27,300 /yr
- Last sold
- AED 275K · March 2008
- Building
- Sadaf 1
About 509, Sadaf 1
509 is a two-bedroom apartment of 1,397 sqft on the 5th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 March 2008 for AED 275,000, or AED 196 per sqft, 54% below the AED 422 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 11 October 2024, is AED 125,962 a year: a gross yield of 45.8% on the 2008 price, before the service charge of about AED 27,300 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the two-bed median of each year in the building.
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 509 sits
All 38 2-beds →509 last sold in March 2008 at AED 196 per sqft, 54% below what two-beds in Sadaf 1 were fetching at the time (AED 422). 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. 509's AED 125,962 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,402 sqft | 2,000,000 | 1,426 | ||
| 1 Oct 20261 October 2026 | 1,402 sqft | 2,175,000 | 1,551 | ||
| 3 Apr 20263 April 2026 | 1,395 sqft | 2,650,000 | 1,899 | ||
| 29 Oct 202529 October 2025 | 1,402 sqft | 2,725,000 | 1,943 |
Sadaf 1
Building121 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%
Other units on the 5th floor
All 121 units in Sadaf 1509, Sadaf 1 in numbers
- Sold once: by Dubai Properties on 25 March 2008 for AED 275,000, or AED 196 per sqft.
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2021 and recovered to AED 125,962 by October 2024.
- At AED 125,962 a year the gross yield on the 2008 price is 45.8%, before a service charge of about AED 27,300 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 11 October 2024.
Questions about 509, Sadaf 1
What did unit 509 last sell for?
AED 275,000 on 25 March 2008, sold by the developer: AED 196 per sqft for 1,397 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 125,962 a year on the contract renewed on 11 October 2024. The previous contract, from October 2023, was AED 120,000; the unit has been rented since September 2013.
How big is unit 509?
1,397 sqft (129.8 sqm): a two-bedroom apartment on the 5th floor of a 39-storey tower completed in 2007.
What is unit 509 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 509, Sadaf 1
Starts from the last sale price (AED 275K, 25 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →