4-bed · 3,577 sqftSadaf 2, Jumeirah Beach Residence · 26th floor · completed 2007

2604, Sadaf 2

Sold prices and rental history: sold 3 times, last in August 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 30 August 2016
Last soldAED 4M30 August 2016
Current rentAED 300K /yr22 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, Sadaf 2

What is 2604 worth today?

Last sold for AED 4,000,000 in 2016

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30 Aug 2016SoldReady
AED 4,000,000AED 1,118 per sqft
22 Apr 2015RentedNew contract
AED 300,000/yr12 months · AED 84 per sqft
1 Dec 2013RentedNew contract
AED 260,000/yr12 months · AED 73 per sqft
29 May 2013SoldReady
AED 3,500,000AED 978 per sqft
27 Nov 2012Sold by developerReady
AED 1,841,400AED 514 per sqft
25 May 2012RentedNew contract
AED 270,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 30 August 2016.

Key facts

Type
4-bed apartment
Size
3,577 sqft
Floor
26th of 39
Parking
M583/ M584
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,200 /yr
Last sold
AED 4M · August 2016
Building
Sadaf 2

About 2604, Sadaf 2

2604 is a four-bedroom apartment of 3,577 sqft on the 26th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 August 2016 for AED 4,000,000, or AED 1,118 per sqft, in line with the AED 1,087 four-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 22 April 2015, is AED 300,000 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 56,200 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, 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, November 2012: AED 1,841,400 (AED 514 per sqft)Sold, May 2013: AED 3,500,000 (AED 978 per sqft)Sold, August 2016: AED 4,000,000 (AED 1,118 per sqft)

2604 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2604, 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, May 2012: AED 270,000 a yearNew contract, December 2013: AED 260,000 a yearNew contract, April 2015: AED 300,000 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 2604 sits

All 42 4-beds →

2604 last sold in August 2016 at AED 1,118 per sqft, in line with what four-beds in Sadaf 2 were fetching at the time (AED 1,087). 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. 2604's AED 300,000 is in the lower half 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 26th floor

All 138 units in Sadaf 2
Value
26013-bedAED 2.45M · Sep 2015
26023-bedAED 1.22M · Oct 2020
26034-bedAED 2.73M · Dec 2022

2604, Sadaf 2 in numbers

  • Sold 3 times: first on 27 November 2012 for AED 1,841,400, last on 30 August 2016 for AED 4,000,000 (AED 1,118 per sqft).
  • Rented since May 2012 on 3 Ejari contracts, from AED 270,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2016 price is 7.5%, 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 30 August 2016.

Questions about 2604, Sadaf 2

What did unit 2604 last sell for?

AED 4,000,000 on 30 August 2016: AED 1,118 per sqft for 3,577 sqft. The unit has 3 registered sales; the first was AED 1,841,400 in November 2012.

What is the rent for unit 2604?

AED 300,000 a year on the contract signed on 22 April 2015. The previous contract, from December 2013, was AED 260,000; the unit has been rented since May 2012.

How big is unit 2604?

3,577 sqft (332.3 sqm): a four-bedroom apartment on the 26th floor of a 39-storey tower completed in 2007.

What is unit 2604 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 2604, Sadaf 2

Starts from the last sale price (AED 4M, 30 August 2016). 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 →