4-bed · 3,575 sqftSadaf 2, Jumeirah Beach Residence · 3rd floor · completed 2007

305, Sadaf 2

Sold prices and rental history: sold once, by the developer in August 2008, and rented once, from January 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 1.9M31 August 2008
Current rentAED 175K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Sadaf 2

What is 305 worth today?

Last sold for AED 1,900,000 in 2008

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1 Jan 2024RentedNew contract
AED 174,500/yr36 months · AED 49 per sqft
31 Aug 2008Sold by developerReady
AED 1,900,000AED 531 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
4-bed apartment
Size
3,575 sqft
Floor
3rd of 39
Parking
M222/ M223
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,100 /yr
Last sold
AED 1.9M · August 2008
Building
Sadaf 2

About 305, Sadaf 2

305 is a four-bedroom apartment of 3,575 sqft on the 3rd floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 August 2008 for AED 1,900,000, or AED 531 per sqft, 3% above the AED 515 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2024. The current contract, signed on 1 January 2024, is AED 174,500 a year: a gross yield of 9.2% on the 2008 price, before the service charge of about AED 56,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, August 2008: AED 1,900,000 (AED 531 per sqft)

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

Rents
Unit 305, 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, January 2024: 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 305 sits

All 42 4-beds →

305 last sold in August 2008 at AED 531 per sqft, 3% above what four-beds in Sadaf 2 were fetching at the time (AED 515). 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. 305'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 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
3042-bedAED 1.35M · Nov 2021

305, Sadaf 2 in numbers

  • Sold once: by Dubai Properties on 31 August 2008 for AED 1,900,000, or AED 531 per sqft.
  • Rented since January 2024 on one Ejari contract, at AED 174,500 a year.
  • At AED 174,500 a year the gross yield on the 2008 price is 9.2%, before a service charge of about AED 56,100 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 1 January 2024.

Questions about 305, Sadaf 2

What did unit 305 last sell for?

AED 1,900,000 on 31 August 2008, sold by the developer: AED 531 per sqft for 3,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 174,500 a year on the contract signed on 1 January 2024.

How big is unit 305?

3,575 sqft (332.1 sqm): a four-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2007.

What is unit 305 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 305, Sadaf 2

Starts from the last sale price (AED 1.9M, 31 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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