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2-bed · 1,384 sqftSadaf 2, Jumeirah Beach Residence · 14th floor · completed 2007

1404, Sadaf 2

Sold prices and rental history: sold twice, last in October 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 9 October 2016
Last soldAED 1.78M9 October 2016
Current rentAED 132K /yr27 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1404, Sadaf 2

What is 1404 worth today?

Last sold for AED 1,782,000 in 2016

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9 Oct 2016SoldReady
AED 1,782,000AED 1,287 per sqft
27 May 2015RentedNew contract
AED 132,000/yr12 months · AED 95 per sqft
27 May 2013RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
31 Dec 2008Sold by developerReady
AED 720,000AED 520 per sqft

Source: Dubai Land Department. Updated 9 October 2016.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
14th of 39
Parking
B481
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,700 /yr
Last sold
AED 1.78M · October 2016
Building
Sadaf 2

About 1404, Sadaf 2

1404 is a two-bedroom apartment of 1,384 sqft on the 14th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 October 2016 for AED 1,782,000, or AED 1,287 per sqft, 3% above the AED 1,249 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 27 May 2015, is AED 132,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 21,700 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical two-bed in Sadaf 2
1M2M2007201220172022Typical sale price by year: 2007 AED 617,000; 2008 AED 720,000; 2009 AED 574,500; 2010 AED 720,000; 2011 AED 1,500,000; 2013 AED 1,744,000; 2014 AED 2,220,000; 2015 AED 1,212,000; 2016 AED 1,750,000; 2018 AED 1,580,000; 2021 AED 1,390,000; 2023 AED 1,750,000; 2024 AED 2,051,024Sold by developer, December 2008: AED 720,000 (AED 520 per sqft)Sold, October 2016: AED 1,782,000 (AED 1,287 per sqft)

1404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1404, each contractTypical two-bed in Sadaf 2
100K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 121,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 111,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 120,000; 2024 AED 126,000; 2025 AED 128,153; 2026 AED 108,500New contract, May 2013: AED 110,000 a yearNew contract, May 2015: AED 132,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sadaf 2, and where 1404 sits

All 41 2-beds →

1404 last sold in October 2016 at AED 1,287 per sqft, 3% above what two-beds in Sadaf 2 were fetching at the time (AED 1,249). Over the last 12 months two-beds sold for AED 1,672,410 to 2,200,000, around AED 1,223 per sqft, and rent for AED 85,000 to 150,000 a year. 1404's AED 132,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 20261,672,410
20 May 20262,200,000
24 Nov 20251,713,543
9 May 20252,250,000
3 2-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 14th floor

All 138 units in Sadaf 2
Value
14013-bedAED 2.3M · Jun 2008
14023-bedAED 2.4M · Sep 2008
14032-bedAED 599K · Nov 2007
14054-bedAED 6.29M · Nov 2024

1404, Sadaf 2 in numbers

  • Sold twice: first on 31 December 2008 for AED 720,000, last on 9 October 2016 for AED 1,782,000 (AED 1,287 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 110,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 21,700 a year (AED 15.70 per sqft).
  • Two-beds in Sadaf 2 sold for AED 1,672,410–2,200,000 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 9 October 2016.

Questions about 1404, Sadaf 2

What did unit 1404 last sell for?

AED 1,782,000 on 9 October 2016: AED 1,287 per sqft for 1,384 sqft. The unit has 2 registered sales; the first was AED 720,000 in December 2008.

What is the rent for unit 1404?

AED 132,000 a year on the contract signed on 27 May 2015. The previous contract, from May 2013, was AED 110,000.

How big is unit 1404?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 14th floor of a 39-storey tower completed in 2007.

What is unit 1404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 2 sold for AED 1,672,410 to 2,200,000 in the last 12 months, around AED 1,223 per sqft.

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Mortgage on 1404, Sadaf 2

Starts from the last sale price (AED 1.78M, 9 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,782,000
Deposit, UAE resident (20%)
AED 356,400
Deposit, non-resident (40%)
AED 712,800
Monthly over 25 years at 3.7%
AED 7,291

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