3-bed · 1,883 sqftSadaf 2, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Sadaf 2

Sold prices and rental history: sold twice, last in November 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 2.05M20 November 2007
Current rentAED 141K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Sadaf 2

What is 1502 worth today?

Last sold for AED 2,050,000 in 2007

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10 Oct 2024RentedNew contract
AED 140,614/yr7 months · AED 75 per sqft
10 Oct 2023RentedRenewal
AED 141,750/yr12 months · AED 75 per sqft
10 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
1 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
20 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 42 per sqft
24 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft
24 Jul 2018RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
26 Nov 2017RentedRenewal
AED 160,000/yr8 months · AED 85 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
3-bed apartment
Size
1,883 sqft
Floor
15th of 39
Parking
B642/ B643
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,600 /yr
Last sold
AED 2.05M · November 2007
Building
Sadaf 2

About 1502, Sadaf 2

1502 is a three-bedroom apartment of 1,883 sqft on the 15th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 November 2007 for AED 2,050,000, or AED 1,088 per sqft, 196% above the AED 368 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 October 2024, is AED 140,614 a year: a gross yield of 6.9% on the 2007 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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, October 2007: AED 699,000 (AED 371 per sqft)Sold, November 2007: AED 2,050,000 (AED 1,088 per sqft)

1502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, 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, March 2013: AED 135,000 a yearNew contract, July 2013: AED 135,000 a yearNew contract, July 2014: AED 150,000 a yearNew contract, November 2016: AED 155,000 a yearRenewal, November 2017: AED 160,000 a yearNew contract, July 2018: AED 125,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, September 2020: AED 80,000 a yearNew contract, October 2021: AED 90,000 a yearNew contract, October 2022: AED 135,000 a yearRenewal, October 2023: AED 141,750 a yearNew contract, October 2024: AED 140,614 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 1502 sits

All 54 3-beds →

1502 last sold in November 2007 at AED 1,088 per sqft, 196% above what three-beds in Sadaf 2 were fetching at the time (AED 368). 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. 1502's AED 140,614 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 15th floor

All 138 units in Sadaf 2
Value
15013-bedAED 2.55M · Aug 2024
15032-bedAED 1.71M · Nov 2025
15042-bedAED 1.75M · Dec 2017

1502, Sadaf 2 in numbers

  • Sold twice: first on 28 October 2007 for AED 699,000, last on 20 November 2007 for AED 2,050,000 (AED 1,088 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 140,614 by October 2024.
  • At AED 140,614 a year the gross yield on the 2007 price is 6.9%, 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 10 October 2024.

Questions about 1502, Sadaf 2

What did unit 1502 last sell for?

AED 2,050,000 on 20 November 2007: AED 1,088 per sqft for 1,883 sqft. The unit has 2 registered sales; the first was AED 699,000 in October 2007.

What is the rent for unit 1502?

AED 140,614 a year on the contract signed on 10 October 2024. The previous contract, from October 2023, was AED 141,750; the unit has been rented since March 2013.

How big is unit 1502?

1,883 sqft (174.9 sqm): a three-bedroom apartment on the 15th floor of a 39-storey tower completed in 2007.

What is unit 1502 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.

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Mortgage on 1502, Sadaf 2

Starts from the last sale price (AED 2.05M, 20 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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