2-bed · 1,401 sqftSadaf 2, Jumeirah Beach Residence · 8th floor · completed 2007

803, Sadaf 2

Sold prices and rental history: sold once, by the developer in November 2007, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 15 August 2017
Last soldAED 550K4 November 2007
Current rentAED 120K /yr15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Sadaf 2

What is 803 worth today?

Last sold for AED 550,000 in 2007

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15 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 86 per sqft
1 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 107 per sqft
1 Mar 2015RentedNew contract
AED 145,000/yr12 months · AED 104 per sqft
4 Nov 2007Sold by developerReady
AED 550,000AED 392 per sqft

Source: Dubai Land Department. Updated 15 August 2017.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
8th of 39
Parking
B361
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 550K · November 2007
Building
Sadaf 2

About 803, Sadaf 2

803 is a two-bedroom apartment of 1,401 sqft on the 8th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 November 2007 for AED 550,000, or AED 392 per sqft, in line with the AED 393 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 15 August 2017, is AED 120,000 a year: a gross yield of 21.8% on the 2007 price, before the service charge of about AED 22,000 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, November 2007: AED 550,000 (AED 392 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Sadaf 2
100K150K2012201620202024Typical 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 2015: AED 145,000 a yearNew contract, January 2016: AED 150,000 a yearNew contract, August 2017: AED 120,000 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 803 sits

All 41 2-beds →

803 last sold in November 2007 at AED 392 per sqft, in line with what two-beds in Sadaf 2 were fetching at the time (AED 393). 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. 803's AED 120,000 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 8th floor

All 138 units in Sadaf 2
Value
8013-bedAED 2.15M · Sep 2016
8023-bedAED 350K · May 2008
8042-bedAED 2.18M · Jul 2024

803, Sadaf 2 in numbers

  • Sold once: by Dubai Properties on 4 November 2007 for AED 550,000, or AED 392 per sqft.
  • Rented since March 2015 on 3 Ejari contracts, from AED 145,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2007 price is 21.8%, 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 15 August 2017.

Questions about 803, Sadaf 2

What did unit 803 last sell for?

AED 550,000 on 4 November 2007, sold by the developer: AED 392 per sqft for 1,401 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 120,000 a year on the contract signed on 15 August 2017. The previous contract, from January 2016, was AED 150,000; the unit has been rented since March 2015.

How big is unit 803?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 8th floor of a 39-storey tower completed in 2007.

What is unit 803 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 803, Sadaf 2

Starts from the last sale price (AED 550K, 4 November 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 →