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3-bed · 1,900 sqftSadaf 1, Jumeirah Beach Residence · 6th floor · completed 2007

607, Sadaf 1

Sold prices and rental history: sold 5 times, last in February 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 2.2M6 February 2023
Current rentAED 119K /yr23 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, Sadaf 1

What is 607 worth today?

Last sold for AED 2,200,000 in 2023

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6 Feb 2023SoldReady
AED 2,200,000AED 1,158 per sqft
23 Oct 2022RentedRenewal
AED 118,800/yr12 months · AED 63 per sqft
23 Oct 2021RentedRenewal
AED 108,000/yr12 months · AED 57 per sqft
23 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
1 May 2019RentedNew contract
AED 155,000/yr12 months · AED 82 per sqft
14 Jan 2019SoldReady
AED 1,900,000AED 1,000 per sqft
27 Dec 2017SoldReady
AED 2,150,000AED 1,131 per sqft
10 Jan 2014RentedNew contract · flagged as an outlier
AED 7,500/yr24 months · AED 4 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
3-bed apartment
Size
1,900 sqft
Floor
6th of 39
Parking
B629/ B630
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,100 /yr
Last sold
AED 2.2M · February 2023
Building
Sadaf 1

About 607, Sadaf 1

607 is a three-bedroom apartment of 1,900 sqft on the 6th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 February 2023 for AED 2,200,000, or AED 1,158 per sqft, 16% above the AED 998 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 23 October 2022, is AED 118,800 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 37,100 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, November 2007: AED 699,000 (AED 367 per sqft)Sold, May 2010: AED 1,926,100 (AED 1,013 per sqft)Sold, December 2017: AED 2,150,000 (AED 1,131 per sqft)Sold, January 2019: AED 1,900,000 (AED 1,000 per sqft)Sold, February 2023: AED 2,200,000 (AED 1,158 per sqft)

607 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 607, 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 172,500New contract, May 2019: AED 155,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 108,000 a yearRenewal, October 2022: AED 118,800 a year

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 607 sits

All 54 3-beds →

607 last sold in February 2023 at AED 1,158 per sqft, 16% above what three-beds in Sadaf 1 were fetching at the time (AED 998). 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. 607's AED 118,800 is at the bottom of that range.

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 6th floor

All 121 units in Sadaf 1
Value
6063-bedAED 850K · Jun 2012
6082-bedAED 1.8M · Nov 2017
6092-bedAED 1.7M · Feb 2013

607, Sadaf 1 in numbers

  • Sold 5 times: first on 15 November 2007 for AED 699,000, last on 6 February 2023 for AED 2,200,000 (AED 1,158 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 7,500 to AED 118,800 a year.
  • At AED 118,800 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 37,100 a year (AED 19.53 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 6 February 2023.

Questions about 607, Sadaf 1

What did unit 607 last sell for?

AED 2,200,000 on 6 February 2023: AED 1,158 per sqft for 1,900 sqft. The unit has 5 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 607?

AED 118,800 a year on the contract renewed on 23 October 2022. The previous contract, from October 2021, was AED 108,000; the unit has been rented since January 2014.

How big is unit 607?

1,900 sqft (176.5 sqm): a three-bedroom apartment on the 6th floor of a 39-storey tower completed in 2007.

What is unit 607 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 607, Sadaf 1

Starts from the last sale price (AED 2.2M, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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