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2-bed · 1,399 sqftSadaf 2, Jumeirah Beach Residence · 4th floor · completed 2007

403, Sadaf 2

Sold prices and rental history: sold once, by the developer in October 2007, and rented once, from March 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 10 March 2014
Last soldAED 550K24 October 2007
Current rentAED 132K /yr10 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Sadaf 2

What is 403 worth today?

Last sold for AED 550,000 in 2007

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10 Mar 2014RentedNew contract
AED 132,000/yr12 months · AED 94 per sqft
24 Oct 2007Sold by developerReady
AED 550,000AED 393 per sqft

Source: Dubai Land Department. Updated 10 March 2014.

Key facts

Type
2-bed apartment
Size
1,399 sqft
Floor
4th of 39
Parking
B661
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 550K · October 2007
Building
Sadaf 2

About 403, Sadaf 2

403 is a two-bedroom apartment of 1,399 sqft on the 4th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 October 2007 for AED 550,000, or AED 393 per sqft.

One Ejari contract is registered, from 10 March 2014. The current contract, signed on 10 March 2014, is AED 132,000 a year: a gross yield of 24.0% on the 2007 price, before the service charge of about AED 22,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Sadaf 2
1M2M2007201220172022Typical sale price by year: 2007 AED 617,000; 2008 AED 720,000; 2009 AED 574,500; 2010 AED 720,000; 2011 AED 1,500,000; 2013 AED 1,744,000; 2014 AED 2,220,000; 2015 AED 1,212,000; 2016 AED 1,750,000; 2018 AED 1,580,000; 2021 AED 1,390,000; 2023 AED 1,750,000; 2024 AED 2,051,024Sold by developer, October 2007: AED 550,000 (AED 393 per sqft)

403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Sadaf 2
100K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 121,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 111,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 93,000; 2023 AED 120,000; 2024 AED 126,000; 2025 AED 128,153; 2026 AED 108,500New contract, March 2014: AED 132,000 a year

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

2-beds in Sadaf 2, and where 403 sits

All 41 2-beds →

Over the last 12 months two-beds sold for AED 1,672,410 to 2,200,000, around AED 1,223 per sqft, and rent for AED 85,000 to 150,000 a year. 403's AED 132,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 20261,672,410
20 May 20262,200,000
24 Nov 20251,713,543
9 May 20252,250,000
3 2-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
4013-bedAED 3.1M · Nov 2024
4023-bedAED 2.5M · Apr 2023
4042-bedAED 1.43M · Dec 2021

403, Sadaf 2 in numbers

  • Sold once: by Dubai Properties on 24 October 2007 for AED 550,000, or AED 393 per sqft.
  • Rented since March 2014 on one Ejari contract, at AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2007 price is 24.0%, before a service charge of about AED 22,000 a year (AED 15.70 per sqft).
  • Two-beds in Sadaf 2 sold for AED 1,672,410–2,200,000 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 March 2014.

Questions about 403, Sadaf 2

What did unit 403 last sell for?

AED 550,000 on 24 October 2007, sold by the developer: AED 393 per sqft for 1,399 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 132,000 a year on the contract signed on 10 March 2014.

How big is unit 403?

1,399 sqft (130.0 sqm): a two-bedroom apartment on the 4th floor of a 39-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 2 sold for AED 1,672,410 to 2,200,000 in the last 12 months, around AED 1,223 per sqft.

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Mortgage on 403, Sadaf 2

Starts from the last sale price (AED 550K, 24 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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