3-bed · 1,896 sqftSadaf 2, Jumeirah Beach Residence · 4th floor · completed 2007

401, Sadaf 2

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 26 November 2024
Last soldAED 3.1M26 November 2024
Current rentAED 125K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Sadaf 2

What is 401 worth today?

Last sold for AED 3,100,000 in 2024

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26 Nov 2024SoldReady
AED 3,100,000AED 1,634 per sqft
22 Aug 2024SoldReady
AED 2,335,000AED 1,231 per sqft
1 Feb 2022RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
7 Dec 2020SoldReady
AED 1,111,111AED 585 per sqft
8 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 50 per sqft
8 Nov 2019RentedRenewal
AED 115,000/yr12 months · AED 61 per sqft
8 Nov 2018RentedRenewal
AED 130,000/yr12 months · AED 69 per sqft
8 Nov 2017RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 26 November 2024.

Key facts

Type
3-bed apartment
Size
1,896 sqft
Floor
4th of 39
Parking
M231/ M232
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,800 /yr
Last sold
AED 3.1M · November 2024
Building
Sadaf 2

About 401, Sadaf 2

401 is a three-bedroom apartment of 1,896 sqft on the 4th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 November 2024 for AED 3,100,000, or AED 1,634 per sqft, 27% above the AED 1,291 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 February 2022, is AED 125,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 29,800 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Sadaf 2
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,650,000; 2010 AED 699,000; 2012 AED 850,000; 2013 AED 699,000; 2014 AED 2,500,000; 2017 AED 2,225,000; 2020 AED 1,162,808; 2022 AED 1,960,000; 2023 AED 2,020,000; 2024 AED 2,457,500; 2025 AED 2,700,000Sold by developer, February 2013: AED 699,000 (AED 368 per sqft)Sold, December 2020: AED 1,111,111 (AED 585 per sqft)Sold, August 2024: AED 2,335,000 (AED 1,231 per sqft)Sold, November 2024: AED 3,100,000 (AED 1,634 per sqft)

401 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 401, each contractTypical three-bed in Sadaf 2
100K150K2012201620202024Typical rent by year: 2012 AED 132,500; 2013 AED 135,000; 2014 AED 163,750; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 120,000; 2020 AED 100,001; 2021 AED 100,000; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 172,500; 2025 AED 180,000; 2026 AED 175,000New contract, March 2013: AED 126,000 a yearNew contract, February 2015: AED 175,000 a yearNew contract, November 2016: AED 150,000 a yearRenewal, November 2017: AED 150,000 a yearRenewal, November 2018: AED 130,000 a yearRenewal, November 2019: AED 115,000 a yearRenewal, November 2020: AED 95,000 a yearNew contract, February 2022: AED 125,000 a year

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

3-beds in Sadaf 2, and where 401 sits

All 54 3-beds →

401 last sold in November 2024 at AED 1,634 per sqft, 27% above what three-beds in Sadaf 2 were fetching at the time (AED 1,291). Over the last 12 months three-beds sold for AED 2,500,000 to 2,700,000, around AED 1,373 per sqft, and rent for AED 50,000 to 400,000 a year. 401's AED 125,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jun 20262,500,000
10 Nov 20252,700,000
19 Sep 20253,200,000
15 Apr 20252,570,000
2 3-bed 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 4th floor

All 138 units in Sadaf 2
Value
4023-bedAED 2.5M · Apr 2023
4032-bedAED 550K · Oct 2007
4042-bedAED 1.43M · Dec 2021

401, Sadaf 2 in numbers

  • Sold 4 times: first on 10 February 2013 for AED 699,000, last on 26 November 2024 for AED 3,100,000 (AED 1,634 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 126,000 to AED 95,000 in 2020 and recovered to AED 125,000 by February 2022.
  • At AED 125,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 29,800 a year (AED 15.70 per sqft).
  • Three-beds in Sadaf 2 sold for AED 2,500,000–2,700,000 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 26 November 2024.

Questions about 401, Sadaf 2

What did unit 401 last sell for?

AED 3,100,000 on 26 November 2024: AED 1,634 per sqft for 1,896 sqft. The unit has 4 registered sales; the first was AED 699,000 in February 2013.

What is the rent for unit 401?

AED 125,000 a year on the contract signed on 1 February 2022. The previous contract, from November 2020, was AED 95,000; the unit has been rented since March 2013.

How big is unit 401?

1,896 sqft (176.1 sqm): a three-bedroom apartment on the 4th floor of a 39-storey tower completed in 2007.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 2 sold for AED 2,500,000 to 2,700,000 in the last 12 months, around AED 1,373 per sqft.

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Mortgage on 401, Sadaf 2

Starts from the last sale price (AED 3.1M, 26 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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