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3-bed · 1,797 sqftSadaf 4, Jumeirah Beach Residence · 15th floor · completed 2007

1502, Sadaf 4

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 2.78M5 December 2024
Current rentAED 240K /yr26 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1502, Sadaf 4

What is 1502 worth today?

Last sold for AED 2,780,000 in 2024

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5 Dec 2024SoldReady
AED 2,780,000AED 1,546 per sqft
26 Mar 2019RentedNew contract
AED 240,000/yr12 months · AED 134 per sqft
1 Dec 2016RentedNew contract
AED 70,000/yr12 months · AED 39 per sqft
15 Mar 2014RentedNew contract
AED 205,000/yr12 months · AED 114 per sqft
1 Jun 2013RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
12 Feb 2008SoldReady
AED 2,980,000AED 1,657 per sqft
27 Jan 2008Sold by developerReady
AED 349,500AED 194 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
15th of 38
Parking
M279/ M280
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 2.78M · December 2024
Building
Sadaf 4

About 1502, Sadaf 4

1502 is a three-bedroom apartment of 1,797 sqft on the 15th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 December 2024 for AED 2,780,000, or AED 1,546 per sqft, 18% above the AED 1,307 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 26 March 2019, is AED 240,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical three-bed in Sadaf 4
02M4M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,100,000; 2010 AED 1,625,000; 2011 AED 1,900,000; 2012 AED 1,405,000; 2013 AED 2,300,000; 2014 AED 2,700,000; 2015 AED 1,945,000; 2017 AED 1,985,000; 2018 AED 1,600,000; 2019 AED 1,480,385; 2020 AED 1,330,000; 2021 AED 1,600,000; 2022 AED 1,812,500; 2023 AED 2,200,000; 2024 AED 2,350,000; 2025 AED 2,700,000; 2026 AED 3,500,000Sold by developer, January 2008: AED 349,500 (AED 194 per sqft)Sold, February 2008: AED 2,980,000 (AED 1,657 per sqft)Sold, December 2024: AED 2,780,000 (AED 1,546 per sqft)

1502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, each contractTypical three-bed in Sadaf 4
100K200K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 140,000; 2014 AED 165,000; 2015 AED 169,765; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 120,000; 2023 AED 138,300; 2024 AED 157,500; 2025 AED 170,000; 2026 AED 154,040New contract, June 2013: AED 155,000 a yearNew contract, March 2014: AED 205,000 a yearNew contract, December 2016: AED 70,000 a yearNew contract, March 2019: AED 240,000 a year

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

3-beds in Sadaf 4, and where 1502 sits

All 89 3-beds →

1502 last sold in December 2024 at AED 1,546 per sqft, 18% above what three-beds in Sadaf 4 were fetching at the time (AED 1,307). Over the last 12 months three-beds sold for AED 2,500,000 to 3,600,000, around AED 1,947 per sqft, and rent for AED 48,000 to 230,000 a year. 1502's AED 240,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Sep 20262,500,000
5 Aug 202654,154
2 Apr 20263,600,000
19 Feb 20263,500,000
5 3-bed sales in the last 12 months

Sadaf 4

Building

125 apartments, studios to 4-bed over 38 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,677 Up 5.8%
Typical sale
AED 4.05M
Typical rent
AED 155K /yr
Typical yield
5.1%
Sadaf 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 15th floor

All 125 units in Sadaf 4
Value
15013-bedAED 3.4M · Nov 2009
15033-bedAED 2.95M · Jun 2014
15043-bedAED 2.33M · Oct 2023

1502, Sadaf 4 in numbers

  • Sold 3 times: first on 27 January 2008 for AED 349,500, last on 5 December 2024 for AED 2,780,000 (AED 1,546 per sqft).
  • Rented since June 2013 on 4 Ejari contracts. The rent fell from AED 155,000 to AED 70,000 in 2016 and recovered to AED 240,000 by March 2019.
  • At AED 240,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 32,200 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 4 sold for AED 2,500,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,677 per sqft.

Source: Dubai Land Department. Updated 5 December 2024.

Questions about 1502, Sadaf 4

What did unit 1502 last sell for?

AED 2,780,000 on 5 December 2024: AED 1,546 per sqft for 1,797 sqft. The unit has 3 registered sales; the first was AED 349,500 in January 2008.

What is the rent for unit 1502?

AED 240,000 a year on the contract signed on 26 March 2019. The previous contract, from December 2016, was AED 70,000; the unit has been rented since June 2013.

How big is unit 1502?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 15th floor of a 38-storey tower completed in 2007.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 4 sold for AED 2,500,000 to 3,600,000 in the last 12 months, around AED 1,947 per sqft.

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Mortgage on 1502, Sadaf 4

Starts from the last sale price (AED 2.78M, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

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