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4-bed · 3,577 sqftSadaf 2, Jumeirah Beach Residence · 22nd floor · completed 2007

2204, Sadaf 2

Sold prices and rental history: sold twice, last in March 2009, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 5 December 2022
Last soldAED 3.5M3 March 2009
Current rentAED 150K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2204, Sadaf 2

What is 2204 worth today?

Last sold for AED 3,500,000 in 2009

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5 Dec 2022RentedNew contract
AED 150,000/yr12 months · AED 42 per sqft
3 Mar 2009SoldReady
AED 3,500,000AED 978 per sqft
18 Feb 2009Sold by developerReady
AED 1,841,400AED 514 per sqft

Source: Dubai Land Department. Updated 5 December 2022.

Key facts

Type
4-bed apartment
Size
3,577 sqft
Floor
22nd of 39
Parking
M635/ M636
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,200 /yr
Last sold
AED 3.5M · March 2009
Building
Sadaf 2

About 2204, Sadaf 2

2204 is a four-bedroom apartment of 3,577 sqft on the 22nd floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 March 2009 for AED 3,500,000, or AED 978 per sqft, 15% below the AED 1,157 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 December 2022. The current contract, signed on 5 December 2022, is AED 150,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 56,200 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical four-bed in Sadaf 2
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 2,225,000; 2009 AED 1,970,700; 2010 AED 2,650,000; 2012 AED 2,175,000; 2013 AED 3,000,000; 2015 AED 3,200,000; 2021 AED 2,525,000; 2022 AED 2,940,000; 2023 AED 3,112,500; 2024 AED 4,400,000Sold by developer, February 2009: AED 1,841,400 (AED 514 per sqft)Sold, March 2009: AED 3,500,000 (AED 978 per sqft)

2204 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2204, each contractTypical four-bed in Sadaf 2
200K300K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 200,000; 2014 AED 225,000; 2015 AED 234,500; 2016 AED 210,000; 2017 AED 205,000; 2018 AED 184,808; 2019 AED 172,500; 2020 AED 140,000; 2021 AED 172,250; 2022 AED 190,000; 2023 AED 240,000; 2024 AED 246,000; 2025 AED 270,000; 2026 AED 278,500New contract, December 2022: AED 150,000 a year

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

4-beds in Sadaf 2, and where 2204 sits

All 42 4-beds →

2204 last sold in March 2009 at AED 978 per sqft, 15% below what four-beds in Sadaf 2 were fetching at the time (AED 1,157). Over the last 12 months four-beds sold for AED 3,600,000, around AED 1,156 per sqft, and rent for AED 220,000 to 383,188 a year. 2204's AED 150,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
1 Oct 20263,600,000
22 Oct 20253,500,000
21 Mar 20253,950,000
28 Nov 20243,550,000
1 4-bed sale 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 22nd floor

All 138 units in Sadaf 2
Value
22013-bedAED 699K · Apr 2008
22023-bedAED 699K · Mar 2013
22034-bedAED 1.25M · Sep 2015

2204, Sadaf 2 in numbers

  • Sold twice: first on 18 February 2009 for AED 1,841,400, last on 3 March 2009 for AED 3,500,000 (AED 978 per sqft).
  • Rented since December 2022 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2009 price is 4.3%, before a service charge of about AED 56,200 a year (AED 15.70 per sqft).
  • Four-beds in Sadaf 2 sold for AED 3,600,000–3,600,000 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 5 December 2022.

Questions about 2204, Sadaf 2

What did unit 2204 last sell for?

AED 3,500,000 on 3 March 2009: AED 978 per sqft for 3,577 sqft. The unit has 2 registered sales; the first was AED 1,841,400 in February 2009.

What is the rent for unit 2204?

AED 150,000 a year on the contract signed on 5 December 2022.

How big is unit 2204?

3,577 sqft (332.3 sqm): a four-bedroom apartment on the 22nd floor of a 39-storey tower completed in 2007.

What is unit 2204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 2 sold for AED 3,600,000 to 3,600,000 in the last 12 months, around AED 1,156 per sqft.

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Mortgage on 2204, Sadaf 2

Starts from the last sale price (AED 3.5M, 3 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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