4-bed · 3,575 sqftSadaf 2, Jumeirah Beach Residence · 7th floor · completed 2007

705, Sadaf 2

Sold prices and rental history: sold twice, last in January 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 25 July 2016
Last soldAED 5.43M25 January 2009
Current rentAED 230K /yr25 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Sadaf 2

What is 705 worth today?

Last sold for AED 5,430,229 in 2009

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25 Jul 2016RentedNew contract
AED 230,000/yr12 months · AED 64 per sqft
1 Dec 2013RentedNew contract
AED 200,000/yr15 months · AED 56 per sqft
25 Jan 2009SoldReady
AED 5,430,229AED 1,518 per sqft
11 Aug 2008Sold by developerReady
AED 1,560,000AED 436 per sqft

Source: Dubai Land Department. Updated 25 July 2016.

Key facts

Type
4-bed apartment
Size
3,575 sqft
Floor
7th of 39
Parking
G159/ G160
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,100 /yr
Last sold
AED 5.43M · January 2009
Building
Sadaf 2

About 705, Sadaf 2

705 is a four-bedroom apartment of 3,575 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 25 January 2009 for AED 5,430,229, or AED 1,518 per sqft, 75% above the AED 868 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 25 July 2016, is AED 230,000 a year: a gross yield of 4.2% on the 2009 price, before the service charge of about AED 56,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical four-bed in Sadaf 2
2.5M5M2007201220172022Typical 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, August 2008: AED 1,560,000 (AED 436 per sqft)Sold, January 2009: AED 5,430,229 (AED 1,518 per sqft)

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

Rents
Unit 705, 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, December 2013: AED 200,000 a yearNew contract, July 2016: AED 230,000 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 705 sits

All 42 4-beds →

705 last sold in January 2009 at AED 1,518 per sqft, 75% above what four-beds in Sadaf 2 were fetching at the time (AED 868). 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. 705's AED 230,000 is in the lower half 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 7th floor

All 138 units in Sadaf 2
Value
7013-bedAED 1.95M · Jan 2018
7023-bedAED 2.25M · Nov 2022
7032-bedAED 550K · Feb 2012
7042-bedAED 1.6M · Apr 2023

705, Sadaf 2 in numbers

  • Sold twice: first on 11 August 2008 for AED 1,560,000, last on 25 January 2009 for AED 5,430,229 (AED 1,518 per sqft).
  • Rented since December 2013 on 2 Ejari contracts, from AED 200,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2009 price is 4.2%, before a service charge of about AED 56,100 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 25 July 2016.

Questions about 705, Sadaf 2

What did unit 705 last sell for?

AED 5,430,229 on 25 January 2009: AED 1,518 per sqft for 3,575 sqft. The unit has 2 registered sales; the first was AED 1,560,000 in August 2008.

What is the rent for unit 705?

AED 230,000 a year on the contract signed on 25 July 2016. The previous contract, from December 2013, was AED 200,000.

How big is unit 705?

3,575 sqft (332.1 sqm): a four-bedroom apartment on the 7th floor of a 39-storey tower completed in 2007.

What is unit 705 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 705, Sadaf 2

Starts from the last sale price (AED 5.43M, 25 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 5,430,229
Deposit, UAE resident (20%)
AED 1,086,046
Deposit, non-resident (40%)
AED 2,172,092
Monthly over 25 years at 3.7%
AED 22,217

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