4-bed · 2,758 sqftSadaf 2, Jumeirah Beach Residence · 36th floor · completed 2007

3602, Sadaf 2

Sold prices and rental history: sold twice, last in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 2.1M9 April 2009
Current rentAED 175K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Sadaf 2

What is 3602 worth today?

Last sold for AED 2,100,000 in 2009

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1 Sep 2022RentedNew contract
AED 175,000/yr12 months · AED 64 per sqft
1 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 47 per sqft
1 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 47 per sqft
5 Apr 2019RentedRenewal
AED 160,000/yr12 months · AED 58 per sqft
5 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 65 per sqft
5 Apr 2016RentedRenewal
AED 210,000/yr24 months · AED 76 per sqft
5 Apr 2015RentedRenewal
AED 230,000/yr12 months · AED 83 per sqft
5 Apr 2014RentedNew contract
AED 230,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
4-bed apartment
Size
2,758 sqft
Floor
36th of 39
Parking
G165/ G166
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,300 /yr
Last sold
AED 2.1M · April 2009
Building
Sadaf 2

About 3602, Sadaf 2

3602 is a four-bedroom apartment of 2,758 sqft on the 36th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 April 2009 for AED 2,100,000, or AED 761 per sqft, 29% below the AED 1,068 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 September 2022, is AED 175,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 43,300 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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, April 2009: AED 2,100,000 (AED 761 per sqft)Sold by developer, April 2009: AED 949,000 (AED 344 per sqft)

3602 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3602, 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 2014: AED 230,000 a yearRenewal, April 2015: AED 230,000 a yearRenewal, April 2016: AED 210,000 a yearRenewal, April 2018: AED 180,000 a yearRenewal, April 2019: AED 160,000 a yearNew contract, September 2020: AED 130,000 a yearRenewal, September 2021: AED 130,000 a yearNew contract, September 2022: AED 175,000 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 3602 sits

All 42 4-beds →

3602 last sold in April 2009 at AED 761 per sqft, 29% below what four-beds in Sadaf 2 were fetching at the time (AED 1,068). 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. 3602's AED 175,000 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 36th floor

All 138 units in Sadaf 2
Value
36014-bedAED 2.65M · Mar 2010

3602, Sadaf 2 in numbers

  • Sold twice: first on 5 April 2009 for AED 949,000, last on 9 April 2009 for AED 2,100,000 (AED 761 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 230,000 to AED 130,000 in 2021 and recovered to AED 175,000 by September 2022.
  • At AED 175,000 a year the gross yield on the 2009 price is 8.3%, 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 1 September 2022.

Questions about 3602, Sadaf 2

What did unit 3602 last sell for?

AED 2,100,000 on 9 April 2009: AED 761 per sqft for 2,758 sqft. The unit has 2 registered sales; the first was AED 949,000 in April 2009.

What is the rent for unit 3602?

AED 175,000 a year on the contract signed on 1 September 2022. The previous contract, from September 2021, was AED 130,000; the unit has been rented since April 2014.

How big is unit 3602?

2,758 sqft (256.2 sqm): a four-bedroom apartment on the 36th floor of a 39-storey tower completed in 2007.

What is unit 3602 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 3602, Sadaf 2

Starts from the last sale price (AED 2.1M, 9 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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