4-bed · 3,114 sqftSadaf 2, Jumeirah Beach Residence · 31st floor · completed 2007

3101, Sadaf 2

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 3.91M28 July 2008
Current rentAED 220K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Sadaf 2

What is 3101 worth today?

Last sold for AED 3,910,000 in 2008

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10 Oct 2024RentedRenewal
AED 220,000/yr12 months · AED 71 per sqft
10 Oct 2023RentedRenewal
AED 200,000/yr12 months · AED 64 per sqft
10 Oct 2022RentedNew contract
AED 200,000/yr12 months · AED 64 per sqft
1 Apr 2020RentedRenewal
AED 100,000/yr12 months · AED 32 per sqft
1 Apr 2019RentedNew contract
AED 100,000/yr12 months · AED 32 per sqft
1 Apr 2018RentedNew contract
AED 225,000/yr12 months · AED 72 per sqft
20 Mar 2017RentedRenewal
AED 225,000/yr12 months · AED 72 per sqft
20 Mar 2016RentedNew contract
AED 225,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
4-bed apartment
Size
3,114 sqft
Floor
31st of 39
Parking
G173/ G174
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,900 /yr
Last sold
AED 3.91M · July 2008
Building
Sadaf 2

About 3101, Sadaf 2

3101 is a four-bedroom apartment of 3,114 sqft on the 31st floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 July 2008 for AED 3,910,000, or AED 1,255 per sqft, 144% above the AED 514 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 220,000 a year: a gross yield of 5.6% on the 2008 price, before the service charge of about AED 48,900 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, 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, June 2008: AED 949,000 (AED 304 per sqft)Sold, July 2008: AED 3,910,000 (AED 1,255 per sqft)

3101 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3101, 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, March 2016: AED 225,000 a yearRenewal, March 2017: AED 225,000 a yearNew contract, April 2018: AED 225,000 a yearNew contract, April 2019: AED 100,000 a yearRenewal, April 2020: AED 100,000 a yearNew contract, October 2022: AED 200,000 a yearRenewal, October 2023: AED 200,000 a yearRenewal, October 2024: AED 220,000 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 3101 sits

All 42 4-beds →

3101 last sold in July 2008 at AED 1,255 per sqft, 144% above what four-beds in Sadaf 2 were fetching at the time (AED 514). 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. 3101's AED 220,000 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 31st floor

All 138 units in Sadaf 2
Value
31024-bedAED 3M · Jan 2023
31034-bedAED 3.9M · Apr 2023

3101, Sadaf 2 in numbers

  • Sold twice: first on 3 June 2008 for AED 949,000, last on 28 July 2008 for AED 3,910,000 (AED 1,255 per sqft).
  • Rented since March 2016 on 8 Ejari contracts. The rent fell from AED 225,000 to AED 100,000 in 2020 and recovered to AED 220,000 by October 2024.
  • At AED 220,000 a year the gross yield on the 2008 price is 5.6%, before a service charge of about AED 48,900 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 10 October 2024.

Questions about 3101, Sadaf 2

What did unit 3101 last sell for?

AED 3,910,000 on 28 July 2008: AED 1,255 per sqft for 3,114 sqft. The unit has 2 registered sales; the first was AED 949,000 in June 2008.

What is the rent for unit 3101?

AED 220,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 200,000; the unit has been rented since March 2016.

How big is unit 3101?

3,114 sqft (289.3 sqm): a four-bedroom apartment on the 31st floor of a 39-storey tower completed in 2007.

What is unit 3101 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 3101, Sadaf 2

Starts from the last sale price (AED 3.91M, 28 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,910,000
Deposit, UAE resident (20%)
AED 782,000
Deposit, non-resident (40%)
AED 1,564,000
Monthly over 25 years at 3.7%
AED 15,997

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