4-bed · 3,577 sqftSadaf 2, Jumeirah Beach Residence · 29th floor · completed 2007

2903, Sadaf 2

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 5.2M27 June 2024
Current rentAED 175K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Sadaf 2

What is 2903 worth today?

Last sold for AED 5,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jun 2024SoldReady
AED 5,200,000AED 1,453 per sqft
1 May 2023RentedRenewal
AED 174,500/yr24 months · AED 49 per sqft
1 May 2021RentedNew contract
AED 174,500/yr24 months · AED 49 per sqft
22 Apr 2015SoldReady
AED 4,800,000AED 1,341 per sqft
14 Apr 2015RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
16 Mar 2015RentedNew contract
AED 140,000/yr12 months · AED 39 per sqft
18 Sep 2014RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
25 Apr 2013RentedNew contract
AED 235,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
4-bed apartment
Size
3,577 sqft
Floor
29th of 39
Parking
G491/ G492
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,200 /yr
Last sold
AED 5.2M · June 2024
Building
Sadaf 2

About 2903, Sadaf 2

2903 is a four-bedroom apartment of 3,577 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 27 June 2024 for AED 5,200,000, or AED 1,453 per sqft, 27% above the AED 1,141 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 174,500 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 56,200 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, June 2008: AED 4,550,000 (AED 1,272 per sqft)Sold by developer, June 2008: AED 1,841,400 (AED 514 per sqft)Sold, April 2015: AED 4,800,000 (AED 1,341 per sqft)Sold, June 2024: AED 5,200,000 (AED 1,453 per sqft)

2903 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2903, 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, April 2013: AED 235,000 a yearNew contract, September 2014: AED 240,000 a yearNew contract, March 2015: AED 140,000 a yearNew contract, April 2015: AED 240,000 a yearNew contract, May 2021: AED 174,500 a yearRenewal, May 2023: AED 174,500 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 2903 sits

All 42 4-beds →

2903 last sold in June 2024 at AED 1,453 per sqft, 27% above what four-beds in Sadaf 2 were fetching at the time (AED 1,141). 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. 2903's AED 174,500 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
29024-bedAED 3.08M · Oct 2023

2903, Sadaf 2 in numbers

  • Sold 4 times: first on 11 June 2008 for AED 1,841,400, last on 27 June 2024 for AED 5,200,000 (AED 1,453 per sqft).
  • Rented since April 2013 on 6 Ejari contracts. The rent fell from AED 235,000 to AED 140,000 in 2015 and recovered to AED 174,500 by May 2023.
  • At AED 174,500 a year the gross yield on the 2024 price is 3.4%, 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 27 June 2024.

Questions about 2903, Sadaf 2

What did unit 2903 last sell for?

AED 5,200,000 on 27 June 2024: AED 1,453 per sqft for 3,577 sqft. The unit has 4 registered sales; the first was AED 1,841,400 in June 2008.

What is the rent for unit 2903?

AED 174,500 a year on the contract renewed on 1 May 2023. The previous contract, from May 2021, was AED 174,500; the unit has been rented since April 2013.

How big is unit 2903?

3,577 sqft (332.3 sqm): a four-bedroom apartment on the 29th floor of a 39-storey tower completed in 2007.

What is unit 2903 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.

Selling 2903? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2903, Sadaf 2

Starts from the last sale price (AED 5.2M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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