3-bed · 1,797 sqftSadaf 4, Jumeirah Beach Residence · 16th floor · completed 2007

1601, Sadaf 4

Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 3.68M29 May 2014
Current rentAED 173K /yr12 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Sadaf 4

What is 1601 worth today?

Last sold for AED 3,675,000 in 2014

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12 Jun 2024RentedRenewal
AED 173,250/yr12 months · AED 96 per sqft
12 Jun 2023RentedRenewal
AED 157,500/yr12 months · AED 88 per sqft
12 Jun 2022RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft
23 Nov 2019RentedNew contract
AED 175,000/yr12 months · AED 97 per sqft
23 Nov 2018RentedRenewal
AED 190,000/yr12 months · AED 106 per sqft
23 Nov 2017RentedRenewal
AED 196,000/yr12 months · AED 109 per sqft
23 Nov 2016RentedNew contract
AED 200,000/yr12 months · AED 111 per sqft
23 Nov 2015RentedNew contract
AED 200,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
16th of 38
Parking
M171/ M172
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 3.68M · May 2014
Building
Sadaf 4

About 1601, Sadaf 4

1601 is a three-bedroom apartment of 1,797 sqft on the 16th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 May 2014 for AED 3,675,000, or AED 2,044 per sqft, 64% above the AED 1,243 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 12 June 2024, is AED 173,250 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical three-bed in Sadaf 4
2M4M20072012201720222027Typical 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, April 2008: AED 699,000 (AED 388 per sqft)Sold, October 2010: AED 2,400,000 (AED 1,335 per sqft)Sold, May 2014: AED 3,675,000 (AED 2,044 per sqft)

1601 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, each contractTypical three-bed in Sadaf 4
100K150K200K2012201620202024Typical 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, November 2015: AED 200,000 a yearNew contract, November 2016: AED 200,000 a yearRenewal, November 2017: AED 196,000 a yearRenewal, November 2018: AED 190,000 a yearNew contract, November 2019: AED 175,000 a yearNew contract, June 2022: AED 150,000 a yearRenewal, June 2023: AED 157,500 a yearRenewal, June 2024: AED 173,250 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 1601 sits

All 89 3-beds →

1601 last sold in May 2014 at AED 2,044 per sqft, 64% above what three-beds in Sadaf 4 were fetching at the time (AED 1,243). 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. 1601's AED 173,250 is in the upper half 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 16th floor

All 125 units in Sadaf 4
Value
16023-bedAED 699K · Jan 2008
16033-bedAED 1.92M · Nov 2022
16043-bedAED 2.72M · Jan 2024

1601, Sadaf 4 in numbers

  • Sold 3 times: first on 28 April 2008 for AED 699,000, last on 29 May 2014 for AED 3,675,000 (AED 2,044 per sqft).
  • Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 150,000 in 2022 and recovered to AED 173,250 by June 2024.
  • At AED 173,250 a year the gross yield on the 2014 price is 4.7%, 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 12 June 2024.

Questions about 1601, Sadaf 4

What did unit 1601 last sell for?

AED 3,675,000 on 29 May 2014: AED 2,044 per sqft for 1,797 sqft. The unit has 3 registered sales; the first was AED 699,000 in April 2008.

What is the rent for unit 1601?

AED 173,250 a year on the contract renewed on 12 June 2024. The previous contract, from June 2023, was AED 157,500; the unit has been rented since November 2015.

How big is unit 1601?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 16th floor of a 38-storey tower completed in 2007.

What is unit 1601 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 1601, Sadaf 4

Starts from the last sale price (AED 3.68M, 29 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

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