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2-bed · 1,418 sqftSadaf 2, Jumeirah Beach Residence · completed 2007

UP04, Sadaf 2

Sold prices and rental history: sold twice, last in October 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP04 · DLD and Ejari recordsUpdated 4 October 2015
Last soldAED 1.83M4 October 2015
Current rentAED 125K /yr2 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for UP04, Sadaf 2

What is UP04 worth today?

Last sold for AED 1,825,000 in 2015

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4 Oct 2015SoldReady
AED 1,825,000AED 1,287 per sqft
2 Oct 2014RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
1 Sep 2013RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
1 Sep 2012RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
15 Feb 2011Sold by developerReady
AED 2,430,000AED 1,713 per sqft

Source: Dubai Land Department. Updated 4 October 2015.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Parking
G515
Developer
Dubai Properties
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 1.83M · October 2015
Building
Sadaf 2

About UP04, Sadaf 2

UP04 is a two-bedroom apartment of 1,418 sqft of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 October 2015 for AED 1,825,000, or AED 1,287 per sqft, 10% above the AED 1,166 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 2 October 2014, is AED 125,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 22,300 a year.

Sales and rents for UP04 over time

Sales
Unit UP04, 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, February 2011: AED 2,430,000 (AED 1,713 per sqft)Sold, October 2015: AED 1,825,000 (AED 1,287 per sqft)

UP04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit UP04, each contractTypical two-bed in Sadaf 2
75K100K125K2012201620202024Typical 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, September 2012: AED 90,000 a yearNew contract, September 2013: AED 90,000 a yearNew contract, October 2014: AED 125,000 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 UP04 sits

All 41 2-beds →

UP04 last sold in October 2015 at AED 1,287 per sqft, 10% above what two-beds in Sadaf 2 were fetching at the time (AED 1,166). 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. UP04's AED 125,000 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 →

UP04, Sadaf 2 in numbers

  • Sold twice: first on 15 February 2011 for AED 2,430,000, last on 4 October 2015 for AED 1,825,000 (AED 1,287 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 22,300 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 4 October 2015.

Questions about UP04, Sadaf 2

What did unit UP04 last sell for?

AED 1,825,000 on 4 October 2015: AED 1,287 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 2,430,000 in February 2011.

What is the rent for unit UP04?

AED 125,000 a year on the contract signed on 2 October 2014. The previous contract, from September 2013, was AED 90,000; the unit has been rented since September 2012.

How big is unit UP04?

1,418 sqft (131.7 sqm): a two-bedroom apartment of a 39-storey tower completed in 2007.

What is unit UP04 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 UP04, Sadaf 2

Starts from the last sale price (AED 1.83M, 4 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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