3-bed · 1,911 sqftSadaf 2, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Sadaf 2

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 2.37M7 May 2024
Current rentAED 130K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Sadaf 2

What is 2702 worth today?

Last sold for AED 2,365,000 in 2024

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7 May 2024SoldReady
AED 2,365,000AED 1,237 per sqft
15 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
1 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
15 May 2018RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
31 Jan 2017SoldReady
AED 2,300,000AED 1,203 per sqft
3 Oct 2007Sold by developerReady
AED 699,000AED 365 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
3-bed apartment
Size
1,911 sqft
Floor
27th of 39
Parking
G203/ G279
Developer
Dubai Properties
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 2.37M · May 2024
Building
Sadaf 2

About 2702, Sadaf 2

2702 is a three-bedroom apartment of 1,911 sqft on the 27th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 May 2024 for AED 2,365,000, or AED 1,237 per sqft, 14% above the AED 1,083 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 April 2022, is AED 130,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 30,000 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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 365 per sqft)Sold, January 2017: AED 2,300,000 (AED 1,203 per sqft)Sold, May 2024: AED 2,365,000 (AED 1,237 per sqft)

2702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2702, 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, May 2018: AED 140,000 a yearNew contract, September 2019: AED 120,000 a yearRenewal, September 2020: AED 120,000 a yearNew contract, April 2022: AED 130,000 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 2702 sits

All 54 3-beds →

2702 last sold in May 2024 at AED 1,237 per sqft, 14% above what three-beds in Sadaf 2 were fetching at the time (AED 1,083). 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. 2702's AED 130,000 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 27th floor

All 138 units in Sadaf 2
Value
27013-bedAED 2M · Jun 2023
27034-bedAED 949K · Apr 2008

2702, Sadaf 2 in numbers

  • Sold 3 times: first on 3 October 2007 for AED 699,000, last on 7 May 2024 for AED 2,365,000 (AED 1,237 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 140,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 30,000 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 7 May 2024.

Questions about 2702, Sadaf 2

What did unit 2702 last sell for?

AED 2,365,000 on 7 May 2024: AED 1,237 per sqft for 1,911 sqft. The unit has 3 registered sales; the first was AED 699,000 in October 2007.

What is the rent for unit 2702?

AED 130,000 a year on the contract signed on 15 April 2022. The previous contract, from September 2020, was AED 120,000; the unit has been rented since May 2018.

How big is unit 2702?

1,911 sqft (177.5 sqm): a three-bedroom apartment on the 27th floor of a 39-storey tower completed in 2007.

What is unit 2702 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 2702, Sadaf 2

Starts from the last sale price (AED 2.37M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,365,000
Deposit, UAE resident (20%)
AED 473,000
Deposit, non-resident (40%)
AED 946,000
Monthly over 25 years at 3.7%
AED 9,676

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