4-bed · 2,758 sqftSadaf 2, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Sadaf 2

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 30 October 2023
Last soldAED 3.08M30 October 2023
Current rentAED 150K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Sadaf 2

What is 2902 worth today?

Last sold for AED 3,075,000 in 2023

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30 Oct 2023SoldReady
AED 3,075,000AED 1,114 per sqft
10 Jun 2023RentedRenewal
AED 150,075/yr9 months · AED 54 per sqft
10 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 47 per sqft
10 Jun 2021RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
8 Oct 2020RentedRenewal
AED 116,554/yr12 months · AED 42 per sqft
8 Oct 2019RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
1 Jun 2017RentedRenewal
AED 246,000/yr12 months · AED 89 per sqft
1 Jun 2016RentedNew contract
AED 234,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 30 October 2023.

Key facts

Type
4-bed apartment
Size
2,758 sqft
Floor
29th of 39
Parking
G499/ G500
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,300 /yr
Last sold
AED 3.08M · October 2023
Building
Sadaf 2

About 2902, Sadaf 2

2902 is a four-bedroom apartment of 2,758 sqft on the 29th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 30 October 2023 for AED 3,075,000, or AED 1,114 per sqft, in line with the AED 1,089 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 June 2023, is AED 150,075 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 43,300 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, January 2008: AED 949,000 (AED 344 per sqft)Sold, October 2023: AED 3,075,000 (AED 1,114 per sqft)

2902 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2902, each contractTypical four-bed in Sadaf 2
100K200K300K2012201620202024Typical 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, June 2014: AED 234,000 a yearNew contract, June 2015: AED 234,000 a yearNew contract, June 2016: AED 234,000 a yearRenewal, June 2017: AED 246,000 a yearNew contract, October 2019: AED 140,000 a yearRenewal, October 2020: AED 116,554 a yearNew contract, June 2021: AED 130,000 a yearRenewal, June 2022: AED 130,000 a yearRenewal, June 2023: AED 150,075 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 2902 sits

All 42 4-beds →

2902 last sold in October 2023 at AED 1,114 per sqft, in line with what four-beds in Sadaf 2 were fetching at the time (AED 1,089). 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. 2902's AED 150,075 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 29th floor

All 138 units in Sadaf 2
Value
29014-bedAED 3.2M · Jul 2015
29034-bedAED 5.2M · Jun 2024

2902, Sadaf 2 in numbers

  • Sold twice: first on 6 January 2008 for AED 949,000, last on 30 October 2023 for AED 3,075,000 (AED 1,114 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 234,000 to AED 116,554 in 2020 and recovered to AED 150,075 by June 2023.
  • At AED 150,075 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 43,300 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 October 2023.

Questions about 2902, Sadaf 2

What did unit 2902 last sell for?

AED 3,075,000 on 30 October 2023: AED 1,114 per sqft for 2,758 sqft. The unit has 2 registered sales; the first was AED 949,000 in January 2008.

What is the rent for unit 2902?

AED 150,075 a year on the contract renewed on 10 June 2023. The previous contract, from June 2022, was AED 130,000; the unit has been rented since June 2014.

How big is unit 2902?

2,758 sqft (256.2 sqm): a four-bedroom apartment on the 29th floor of a 39-storey tower completed in 2007.

What is unit 2902 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 2902, Sadaf 2

Starts from the last sale price (AED 3.08M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

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