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3-bed · 1,897 sqftSadaf 1, Jumeirah Beach Residence · 7th floor · completed 2007

707, Sadaf 1

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 699K31 December 2008
Current rentAED 180K /yr6 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Sadaf 1

What is 707 worth today?

Last sold for AED 699,000 in 2008

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6 Sep 2024RentedNew contract
AED 180,000/yr12 months · AED 95 per sqft
10 May 2023RentedRenewal
AED 126,000/yr12 months · AED 67 per sqft
10 May 2022RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
10 May 2021RentedNew contract
AED 105,000/yr12 months · AED 55 per sqft
31 Dec 2008Sold by developerReady
AED 699,000AED 368 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
3-bed apartment
Size
1,897 sqft
Floor
7th of 39
Parking
B467/ B468
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,000 /yr
Last sold
AED 699K · December 2008
Building
Sadaf 1

About 707, Sadaf 1

707 is a three-bedroom apartment of 1,897 sqft on the 7th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 December 2008 for AED 699,000, or AED 368 per sqft, in line with the AED 371 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 6 September 2024, is AED 180,000 a year: a gross yield of 25.8% on the 2008 price, before the service charge of about AED 37,000 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 2008: AED 699,000 (AED 368 per sqft)

707 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 707, 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 2021: AED 105,000 a yearRenewal, May 2022: AED 115,000 a yearRenewal, May 2023: AED 126,000 a yearNew contract, September 2024: AED 180,000 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 707 sits

All 54 3-beds →

707 last sold in December 2008 at AED 368 per sqft, in line with what three-beds in Sadaf 1 were fetching at the time (AED 371). 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. 707's AED 180,000 is in the upper half 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 7th floor

All 121 units in Sadaf 1
Value
7063-bedAED 2.25M · Dec 2012
7082-bedAED 1.55M · Apr 2022
7092-bedAED 550K · May 2008

707, Sadaf 1 in numbers

  • Sold once: by Dubai Properties on 31 December 2008 for AED 699,000, or AED 368 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 105,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2008 price is 25.8%, before a service charge of about AED 37,000 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 September 2024.

Questions about 707, Sadaf 1

What did unit 707 last sell for?

AED 699,000 on 31 December 2008, sold by the developer: AED 368 per sqft for 1,897 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 180,000 a year on the contract signed on 6 September 2024. The previous contract, from May 2023, was AED 126,000; the unit has been rented since May 2021.

How big is unit 707?

1,897 sqft (176.2 sqm): a three-bedroom apartment on the 7th floor of a 39-storey tower completed in 2007.

What is unit 707 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 707, Sadaf 1

Starts from the last sale price (AED 699K, 31 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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