2-bed · 1,388 sqftSadaf 2, Jumeirah Beach Residence · 15th floor · completed 2007

1504, Sadaf 2

Sold prices and rental history: sold 3 times, last in December 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 1.75M4 December 2017
Current rentAED 86K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Sadaf 2

What is 1504 worth today?

Last sold for AED 1,750,000 in 2017

Unlock today's estimate, updated daily, with

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

15 Jun 2022RentedRenewal
AED 86,250/yr12 months · AED 62 per sqft
15 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
10 Apr 2020RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
10 Jan 2019RentedRenewal
AED 112,000/yr12 months · AED 81 per sqft
10 Jan 2018RentedNew contract
AED 112,000/yr12 months · AED 81 per sqft
4 Dec 2017SoldReady
AED 1,750,000AED 1,260 per sqft
9 Aug 2010SoldReady
AED 720,000AED 518 per sqft
8 Aug 2010Sold by developerReady
AED 720,000AED 518 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
2-bed apartment
Size
1,388 sqft
Floor
15th of 39
Parking
B333
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 1.75M · December 2017
Building
Sadaf 2

About 1504, Sadaf 2

1504 is a two-bedroom apartment of 1,388 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 4 December 2017 for AED 1,750,000, or AED 1,260 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 86,250 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 21,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, August 2010: AED 720,000 (AED 518 per sqft)Sold by developer, August 2010: AED 720,000 (AED 518 per sqft)Sold, December 2017: AED 1,750,000 (AED 1,260 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, each contractTypical two-bed in Sadaf 2
75K100K125K2012201620202024Typical 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, January 2018: AED 112,000 a yearRenewal, January 2019: AED 112,000 a yearNew contract, April 2020: AED 75,000 a yearNew contract, June 2021: AED 75,000 a yearRenewal, June 2022: AED 86,250 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 1504 sits

All 41 2-beds →

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. 1504's AED 86,250 is in the lower 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 15th floor

All 138 units in Sadaf 2
Value
15013-bedAED 2.55M · Aug 2024
15023-bedAED 2.05M · Nov 2007
15032-bedAED 1.71M · Nov 2025

1504, Sadaf 2 in numbers

  • Sold 3 times: first on 8 August 2010 for AED 720,000, last on 4 December 2017 for AED 1,750,000 (AED 1,260 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 112,000 to AED 75,000 in 2021 and recovered to AED 86,250 by June 2022.
  • At AED 86,250 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 21,800 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 15 June 2022.

Questions about 1504, Sadaf 2

What did unit 1504 last sell for?

AED 1,750,000 on 4 December 2017: AED 1,260 per sqft for 1,388 sqft. The unit has 3 registered sales; the first was AED 720,000 in August 2010.

What is the rent for unit 1504?

AED 86,250 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 75,000; the unit has been rented since January 2018.

How big is unit 1504?

1,388 sqft (128.9 sqm): a two-bedroom apartment on the 15th floor of a 39-storey tower completed in 2007.

What is unit 1504 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.

Selling 1504? 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 1504, Sadaf 2

Starts from the last sale price (AED 1.75M, 4 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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