4-bed · 3,577 sqftSadaf 2, Jumeirah Beach Residence · 24th floor · completed 2007

2404, Sadaf 2

Sold prices and rental history: sold twice, last in November 2007, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 27 November 2007
Last soldAED 4M27 November 2007
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Sadaf 2

What is 2404 worth today?

Last sold for AED 4,000,000 in 2007

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27 Nov 2007SoldReady
AED 4,000,000AED 1,118 per sqft
4 Nov 2007Sold by developerReady
AED 1,560,000AED 436 per sqft

Source: Dubai Land Department. Updated 27 November 2007.

Key facts

Type
4-bed apartment
Size
3,577 sqft
Floor
24th of 39
Parking
M633/ M634
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,200 /yr
Last sold
AED 4M · November 2007
Building
Sadaf 2

About 2404, Sadaf 2

2404 is a four-bedroom apartment of 3,577 sqft on the 24th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 November 2007 for AED 4,000,000, or AED 1,118 per sqft, 225% above the AED 344 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, November 2007: AED 4,000,000 (AED 1,118 per sqft)Sold by developer, November 2007: AED 1,560,000 (AED 436 per sqft)

2404 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2404, 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 278,500

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 2404 sits

All 42 4-beds →

2404 last sold in November 2007 at AED 1,118 per sqft, 225% above what four-beds in Sadaf 2 were fetching at the time (AED 344). 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.

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 24th floor

All 138 units in Sadaf 2
Value
24013-bedAED 699K · May 2012
24023-bedAED 699K · May 2012
24034-bedAED 2.6M · Mar 2013

2404, Sadaf 2 in numbers

  • Sold twice: first on 4 November 2007 for AED 1,560,000, last on 27 November 2007 for AED 4,000,000 (AED 1,118 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 27 November 2007.

Questions about 2404, Sadaf 2

What did unit 2404 last sell for?

AED 4,000,000 on 27 November 2007: AED 1,118 per sqft for 3,577 sqft. The unit has 2 registered sales; the first was AED 1,560,000 in November 2007.

How big is unit 2404?

3,577 sqft (332.3 sqm): a four-bedroom apartment on the 24th floor of a 39-storey tower completed in 2007.

What is unit 2404 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 2404, Sadaf 2

Starts from the last sale price (AED 4M, 27 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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