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3-bed · 1,877 sqftSadaf 2, Jumeirah Beach Residence · 7th floor · completed 2007

702, Sadaf 2

Sold prices and rental history: sold 3 times, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 2.25M4 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Sadaf 2

What is 702 worth today?

Last sold for AED 2,250,000 in 2022

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4 Nov 2022SoldReady
AED 2,250,000AED 1,198 per sqft
23 Mar 2017SoldReady
AED 2,225,000AED 1,185 per sqft
27 Apr 2008Sold by developerReady
AED 699,000AED 372 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
3-bed apartment
Size
1,877 sqft
Floor
7th of 39
Parking
B734/ B735
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,500 /yr
Last sold
AED 2.25M · November 2022
Building
Sadaf 2

About 702, Sadaf 2

702 is a three-bedroom apartment of 1,877 sqft on the 7th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 November 2022 for AED 2,250,000, or AED 1,198 per sqft, 17% above the AED 1,020 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Sadaf 2
1M2M3M2007201220172022Typical 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, April 2008: AED 699,000 (AED 372 per sqft)Sold, March 2017: AED 2,225,000 (AED 1,185 per sqft)Sold, November 2022: AED 2,250,000 (AED 1,198 per sqft)

702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, 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 175,000

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 702 sits

All 54 3-beds →

702 last sold in November 2022 at AED 1,198 per sqft, 17% above what three-beds in Sadaf 2 were fetching at the time (AED 1,020). 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.

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 7th floor

All 138 units in Sadaf 2
Value
7013-bedAED 1.95M · Jan 2018
7032-bedAED 550K · Feb 2012
7042-bedAED 1.6M · Apr 2023
7054-bedAED 5.43M · Jan 2009

702, Sadaf 2 in numbers

  • Sold 3 times: first on 27 April 2008 for AED 699,000, last on 4 November 2022 for AED 2,250,000 (AED 1,198 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 4 November 2022.

Questions about 702, Sadaf 2

What did unit 702 last sell for?

AED 2,250,000 on 4 November 2022: AED 1,198 per sqft for 1,877 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2008.

How big is unit 702?

1,877 sqft (174.4 sqm): a three-bedroom apartment on the 7th floor of a 39-storey tower completed in 2007.

What is unit 702 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 702, Sadaf 2

Starts from the last sale price (AED 2.25M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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