4-bed · 2,758 sqftSadaf 2, Jumeirah Beach Residence · 37th floor · completed 2007

3702, Sadaf 2

Sold prices and rental history: sold twice, last in January 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 9 January 2017
Last soldAED 3.05M9 January 2017
Current rentAED 220K /yr13 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Sadaf 2

What is 3702 worth today?

Last sold for AED 3,050,000 in 2017

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9 Jan 2017SoldReady
AED 3,050,000AED 1,105 per sqft
13 Jan 2016RentedRenewal
AED 220,000/yr12 months · AED 80 per sqft
13 Jan 2015RentedNew contract
AED 220,000/yr12 months · AED 80 per sqft
15 Feb 2013RentedNew contract
AED 190,000/yr12 months · AED 69 per sqft
4 Feb 2013Sold by developerReady
AED 949,000AED 344 per sqft

Source: Dubai Land Department. Updated 9 January 2017.

Key facts

Type
4-bed apartment
Size
2,758 sqft
Floor
37th of 39
Parking
G167 G514
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,300 /yr
Last sold
AED 3.05M · January 2017
Building
Sadaf 2

About 3702, Sadaf 2

3702 is a four-bedroom apartment of 2,758 sqft on the 37th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 January 2017 for AED 3,050,000, or AED 1,105 per sqft, in line with the AED 1,118 four-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 13 January 2016, is AED 220,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 43,300 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, 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, February 2013: AED 949,000 (AED 344 per sqft)Sold, January 2017: AED 3,050,000 (AED 1,105 per sqft)

3702 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3702, 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, February 2013: AED 190,000 a yearNew contract, January 2015: AED 220,000 a yearRenewal, January 2016: 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 3702 sits

All 42 4-beds →

3702 last sold in January 2017 at AED 1,105 per sqft, in line with what four-beds in Sadaf 2 were fetching at the time (AED 1,118). 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. 3702'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 37th floor

All 138 units in Sadaf 2
Value
37034-bedNo registered sale

3702, Sadaf 2 in numbers

  • Sold twice: first on 4 February 2013 for AED 949,000, last on 9 January 2017 for AED 3,050,000 (AED 1,105 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 190,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2017 price is 7.2%, 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 9 January 2017.

Questions about 3702, Sadaf 2

What did unit 3702 last sell for?

AED 3,050,000 on 9 January 2017: AED 1,105 per sqft for 2,758 sqft. The unit has 2 registered sales; the first was AED 949,000 in February 2013.

What is the rent for unit 3702?

AED 220,000 a year on the contract renewed on 13 January 2016. The previous contract, from January 2015, was AED 220,000; the unit has been rented since February 2013.

How big is unit 3702?

2,758 sqft (256.2 sqm): a four-bedroom apartment on the 37th floor of a 39-storey tower completed in 2007.

What is unit 3702 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 3702, Sadaf 2

Starts from the last sale price (AED 3.05M, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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