Penthouse · 6,307 sqftSadaf 2, Jumeirah Beach Residence · 39th floor · completed 2007

3902, Sadaf 2

Sold prices and rental history: sold twice, last in February 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 5.2M14 February 2012
Current rentAED 275K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3902, Sadaf 2

What is 3902 worth today?

Last sold for AED 5,200,000 in 2012

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15 Feb 2023RentedRenewal
AED 275,000/yr12 months · AED 44 per sqft
15 Feb 2022RentedNew contract
AED 275,000/yr12 months · AED 44 per sqft
1 May 2021RentedRenewal
AED 240,000/yr12 months · AED 38 per sqft
1 May 2020RentedRenewal
AED 240,000/yr12 months · AED 38 per sqft
1 May 2019RentedNew contract
AED 240,000/yr12 months · AED 38 per sqft
9 Feb 2018RentedNew contract
AED 250,000/yr12 months · AED 40 per sqft
14 Feb 2012SoldReady
AED 5,200,000AED 824 per sqft
22 Jan 2012Sold by developerReady
AED 8,324,000AED 1,319 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
Penthouse apartment
Size
6,307 sqft
Floor
39th of 39
Parking
M359/ M360
Developer
Dubai Properties
Completed
2007
Service charge
AED 99,000 /yr
Last sold
AED 5.2M · February 2012
Building
Sadaf 2

About 3902, Sadaf 2

3902 is a penthouse of 6,307 sqft on the 39th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 February 2012 for AED 5,200,000, or AED 824 per sqft, 38% below the AED 1,319 penthouses in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 275,000 a year: a gross yield of 5.3% on the 2012 price, before the service charge of about AED 99,000 a year.

Sales and rents for 3902 over time

Rents
Unit 3902, each contractTypical penthouse in Sadaf 2
200K300K2018202020222024Typical rent by year: 2018 AED 145,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 172,500; 2022 AED 176,500; 2023 AED 195,000; 2024 AED 217,500New contract, February 2018: AED 250,000 a yearNew contract, May 2019: AED 240,000 a yearRenewal, May 2020: AED 240,000 a yearRenewal, May 2021: AED 240,000 a yearNew contract, February 2022: AED 275,000 a yearRenewal, February 2023: AED 275,000 a year

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

Penthouses in Sadaf 2, and where 3902 sits

All 6 penthouses →

3902 last sold in February 2012 at AED 824 per sqft, 38% below what penthouses in Sadaf 2 were fetching at the time (AED 1,319).

Recent penthouse salesUnit no.Price (AED)Summary
29 Jul 20253,400,000
6 May 20248,100,000
27 Feb 20242,600,000
20 Feb 20236,750,000
0 penthouse 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 39th floor

All 138 units in Sadaf 2
Value
3901PenthouseAED 8.1M · May 2024

3902, Sadaf 2 in numbers

  • Sold twice: first on 22 January 2012 for AED 8,324,000, last on 14 February 2012 for AED 5,200,000 (AED 824 per sqft).
  • Rented since February 2018 on 6 Ejari contracts, from AED 250,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2012 price is 5.3%, before a service charge of about AED 99,000 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 15 February 2023.

Questions about 3902, Sadaf 2

What did unit 3902 last sell for?

AED 5,200,000 on 14 February 2012: AED 824 per sqft for 6,307 sqft. The unit has 2 registered sales; the first was AED 8,324,000 in January 2012.

What is the rent for unit 3902?

AED 275,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 275,000; the unit has been rented since February 2018.

How big is unit 3902?

6,307 sqft (585.9 sqm): a penthouse on the 39th floor of a 39-storey tower completed in 2007.

What is unit 3902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3902, Sadaf 2

Starts from the last sale price (AED 5.2M, 14 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

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