2-bed · 1,384 sqftSadaf 2, Jumeirah Beach Residence · 3rd floor · completed 2007

304, Sadaf 2

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 5 July 2023
Last soldAED 1.35M4 November 2021
Current rentAED 125K /yr5 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Sadaf 2

What is 304 worth today?

Last sold for AED 1,350,000 in 2021

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5 Jul 2023RentedRenewal
AED 125,000/yr12 months · AED 90 per sqft
5 Jun 2022RentedNew contract
AED 109,846/yr13 months · AED 79 per sqft
4 Nov 2021SoldReady
AED 1,350,000AED 975 per sqft
10 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
4 Sep 2018RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
4 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
24 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
13 Jun 2016SoldReady
AED 1,800,000AED 1,300 per sqft

Source: Dubai Land Department. Updated 5 July 2023.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
3rd of 39
Parking
B352
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,700 /yr
Last sold
AED 1.35M · November 2021
Building
Sadaf 2

About 304, Sadaf 2

304 is a two-bedroom apartment of 1,384 sqft on the 3rd floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 November 2021 for AED 1,350,000, or AED 975 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 5 July 2023, is AED 125,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 21,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Sadaf 2
1M2M2007201220172022Typical sale price by year: 2007 AED 617,000; 2008 AED 720,000; 2009 AED 574,500; 2010 AED 720,000; 2011 AED 1,500,000; 2013 AED 1,744,000; 2014 AED 2,220,000; 2015 AED 1,212,000; 2016 AED 1,750,000; 2018 AED 1,580,000; 2021 AED 1,390,000; 2023 AED 1,750,000; 2024 AED 2,051,024Sold by developer, December 2007: AED 635,000 (AED 458 per sqft)Sold, June 2016: AED 1,800,000 (AED 1,300 per sqft)Sold, November 2021: AED 1,350,000 (AED 975 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Sadaf 2
75K100K125K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 121,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 111,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 120,000; 2024 AED 126,000; 2025 AED 128,153; 2026 AED 108,500New contract, July 2016: AED 120,000 a yearNew contract, September 2017: AED 110,000 a yearRenewal, September 2018: AED 110,000 a yearNew contract, June 2019: AED 80,000 a yearNew contract, June 2022: AED 109,846 a yearRenewal, July 2023: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sadaf 2, and where 304 sits

All 41 2-beds →

Over the last 12 months two-beds sold for AED 1,672,410 to 2,200,000, around AED 1,223 per sqft, and rent for AED 85,000 to 150,000 a year. 304's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 20261,672,410
20 May 20262,200,000
24 Nov 20251,713,543
9 May 20252,250,000
3 2-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 3rd floor

All 138 units in Sadaf 2
Value
3013-bedAED 2.45M · May 2017
3023-bedAED 2.55M · May 2014
3032-bedAED 2.2M · May 2026
3054-bedAED 1.9M · Aug 2008

304, Sadaf 2 in numbers

  • Sold 3 times: first on 23 December 2007 for AED 635,000, last on 4 November 2021 for AED 1,350,000 (AED 975 per sqft).
  • Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2019 and recovered to AED 125,000 by July 2023.
  • At AED 125,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 21,700 a year (AED 15.70 per sqft).
  • Two-beds in Sadaf 2 sold for AED 1,672,410–2,200,000 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 5 July 2023.

Questions about 304, Sadaf 2

What did unit 304 last sell for?

AED 1,350,000 on 4 November 2021: AED 975 per sqft for 1,384 sqft. The unit has 3 registered sales; the first was AED 635,000 in December 2007.

What is the rent for unit 304?

AED 125,000 a year on the contract renewed on 5 July 2023. The previous contract, from June 2022, was AED 109,846; the unit has been rented since July 2016.

How big is unit 304?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 2 sold for AED 1,672,410 to 2,200,000 in the last 12 months, around AED 1,223 per sqft.

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Mortgage on 304, Sadaf 2

Starts from the last sale price (AED 1.35M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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