3-bed · 1,883 sqftSadaf 2, Jumeirah Beach Residence · 10th floor · completed 2007

1002, Sadaf 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 8 May 2023
Last soldAED 2.04M8 May 2023
Current rentAED 125K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Sadaf 2

What is 1002 worth today?

Last sold for AED 2,040,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 May 2023SoldReady
AED 2,040,000AED 1,083 per sqft
1 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
1 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
1 Oct 2012RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
14 May 2009Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 8 May 2023.

Key facts

Type
3-bed apartment
Size
1,883 sqft
Floor
10th of 39
Parking
B742/ B743
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,600 /yr
Last sold
AED 2.04M · May 2023
Building
Sadaf 2

About 1002, Sadaf 2

1002 is a three-bedroom apartment of 1,883 sqft on the 10th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 May 2023 for AED 2,040,000, or AED 1,083 per sqft, in line with the AED 1,061 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 February 2019, is AED 125,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Sadaf 2
1M2M3M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,650,000; 2010 AED 699,000; 2012 AED 850,000; 2013 AED 699,000; 2014 AED 2,500,000; 2017 AED 2,225,000; 2020 AED 1,162,808; 2022 AED 1,960,000; 2023 AED 2,020,000; 2024 AED 2,457,500; 2025 AED 2,700,000Sold by developer, May 2009: AED 699,000 (AED 371 per sqft)Sold, May 2023: AED 2,040,000 (AED 1,083 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Sadaf 2
100K150K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 135,000; 2014 AED 163,750; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 120,000; 2020 AED 100,001; 2021 AED 100,000; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 172,500; 2025 AED 180,000; 2026 AED 175,000New contract, October 2012: AED 120,000 a yearNew contract, June 2016: AED 175,000 a yearNew contract, February 2018: AED 140,000 a yearNew contract, February 2019: AED 125,000 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 2, and where 1002 sits

All 54 3-beds →

1002 last sold in May 2023 at AED 1,083 per sqft, in line with what three-beds in Sadaf 2 were fetching at the time (AED 1,061). Over the last 12 months three-beds sold for AED 2,500,000 to 2,700,000, around AED 1,373 per sqft, and rent for AED 50,000 to 400,000 a year. 1002's AED 125,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jun 20262,500,000
10 Nov 20252,700,000
19 Sep 20253,200,000
15 Apr 20252,570,000
2 3-bed sales in the last 12 months

Sadaf 2

Building

138 apartments, 2-bed to 4-bed over 39 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 1,273
Typical sale
AED 2.35M
Typical rent
AED 151K /yr
Typical yield
6.8%
Sadaf 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 138 units in Sadaf 2
Value
10013-bedAED 1.97M · Jun 2022
10032-bedAED 1.55M · Jan 2010
10042-bedAED 1.35M · Apr 2012

1002, Sadaf 2 in numbers

  • Sold twice: first on 14 May 2009 for AED 699,000, last on 8 May 2023 for AED 2,040,000 (AED 1,083 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 120,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 29,600 a year (AED 15.70 per sqft).
  • Three-beds in Sadaf 2 sold for AED 2,500,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,273 per sqft.

Source: Dubai Land Department. Updated 8 May 2023.

Questions about 1002, Sadaf 2

What did unit 1002 last sell for?

AED 2,040,000 on 8 May 2023: AED 1,083 per sqft for 1,883 sqft. The unit has 2 registered sales; the first was AED 699,000 in May 2009.

What is the rent for unit 1002?

AED 125,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2018, was AED 140,000; the unit has been rented since October 2012.

How big is unit 1002?

1,883 sqft (174.9 sqm): a three-bedroom apartment on the 10th floor of a 39-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 2 sold for AED 2,500,000 to 2,700,000 in the last 12 months, around AED 1,373 per sqft.

Selling 1002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1002, Sadaf 2

Starts from the last sale price (AED 2.04M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,000
Deposit, UAE resident (20%)
AED 408,000
Deposit, non-resident (40%)
AED 816,000
Monthly over 25 years at 3.7%
AED 8,346

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