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

1604, Sadaf 4

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 2.72M24 January 2024
Current rentAED 100K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Sadaf 4

What is 1604 worth today?

Last sold for AED 2,720,000 in 2024

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24 Jan 2024SoldReady
AED 2,720,000AED 1,513 per sqft
16 Sep 2022SoldReady
AED 1,720,000AED 956 per sqft
7 Feb 2022RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
7 Feb 2021RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
7 Feb 2020RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
7 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
1 Jan 2018RentedRenewal
AED 140,000/yr12 months · AED 78 per sqft
1 Jan 2017RentedRenewal
AED 138,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
16th of 38
Parking
M270/ M271
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 2.72M · January 2024
Building
Sadaf 4

About 1604, Sadaf 4

1604 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 24 January 2024 for AED 2,720,000, or AED 1,513 per sqft, 31% above the AED 1,157 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 7 February 2022, is AED 100,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, January 2012: AED 699,000 (AED 388 per sqft)Sold, March 2012: AED 1,560,000 (AED 867 per sqft)Sold, September 2022: AED 1,720,000 (AED 956 per sqft)Sold, January 2024: AED 2,720,000 (AED 1,513 per sqft)

1604 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1604, each contractTypical three-bed in Sadaf 4
100K150K2012201620202024Typical 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, December 2012: AED 140,000 a yearNew contract, December 2013: AED 140,000 a yearNew contract, December 2014: AED 152,475 a yearNew contract, December 2015: AED 149,198 a yearRenewal, January 2017: AED 138,000 a yearRenewal, January 2018: AED 140,000 a yearNew contract, February 2019: AED 115,000 a yearRenewal, February 2020: AED 115,000 a yearRenewal, February 2021: AED 90,000 a yearRenewal, February 2022: AED 100,000 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 1604 sits

All 89 3-beds →

1604 last sold in January 2024 at AED 1,513 per sqft, 31% above what three-beds in Sadaf 4 were fetching at the time (AED 1,157). 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. 1604's AED 100,000 is in the lower 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
16013-bedAED 3.68M · May 2014
16023-bedAED 699K · Jan 2008
16033-bedAED 1.92M · Nov 2022

1604, Sadaf 4 in numbers

  • Sold 4 times: first on 29 January 2012 for AED 699,000, last on 24 January 2024 for AED 2,720,000 (AED 1,513 per sqft).
  • Rented since December 2012 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2021 and recovered to AED 100,000 by February 2022.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.7%, 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 24 January 2024.

Questions about 1604, Sadaf 4

What did unit 1604 last sell for?

AED 2,720,000 on 24 January 2024: AED 1,513 per sqft for 1,797 sqft. The unit has 4 registered sales; the first was AED 699,000 in January 2012.

What is the rent for unit 1604?

AED 100,000 a year on the contract renewed on 7 February 2022. The previous contract, from February 2021, was AED 90,000; the unit has been rented since December 2012.

How big is unit 1604?

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 1604 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 1604, Sadaf 4

Starts from the last sale price (AED 2.72M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,000
Deposit, UAE resident (20%)
AED 544,000
Deposit, non-resident (40%)
AED 1,088,000
Monthly over 25 years at 3.7%
AED 11,128

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