2-bed · 1,448 sqftSadaf 4, Jumeirah Beach Residence · 27th floor · completed 2007

2702, Sadaf 4

Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 26 November 2023
Last soldAED 599K17 March 2008
Current rentAED 140K /yr26 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Sadaf 4

What is 2702 worth today?

Last sold for AED 599,000 in 2008

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26 Nov 2023RentedRenewal
AED 140,000/yr12 months · AED 96 per sqft
15 Nov 2022RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
15 Jul 2017RentedRenewal
AED 140,000/yr6 months · AED 96 per sqft
15 Jul 2016RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
3 Nov 2015RentedRenewal
AED 155,000/yr12 months · AED 107 per sqft
3 Nov 2014RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft
3 Nov 2013RentedNew contract
AED 155,000/yr12 months · AED 107 per sqft
17 Mar 2008Sold by developerReady
AED 599,000AED 413 per sqft

Source: Dubai Land Department. Updated 26 November 2023.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
27th of 38
Parking
B297
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 599K · March 2008
Building
Sadaf 4

About 2702, Sadaf 4

2702 is a two-bedroom apartment of 1,448 sqft on the 27th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 17 March 2008 for AED 599,000, or AED 413 per sqft, in line with the AED 413 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 26 November 2023, is AED 140,000 a year: a gross yield of 23.4% on the 2008 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical two-bed in Sadaf 4
2M2008201220162020Typical sale price by year: 2008 AED 599,000; 2009 AED 1,000,000; 2011 AED 2,163,000; 2012 AED 2,275,000; 2014 AED 2,925,000; 2021 AED 1,550,000Sold by developer, March 2008: AED 599,000 (AED 413 per sqft)

2702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, each contractTypical two-bed in Sadaf 4
100K150K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 150,000; 2015 AED 146,500; 2016 AED 140,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 96,683; 2020 AED 83,500; 2021 AED 85,000; 2022 AED 99,213; 2023 AED 106,798; 2024 AED 124,000; 2025 AED 153,387; 2026 AED 133,200New contract, November 2013: AED 155,000 a yearNew contract, November 2014: AED 155,000 a yearRenewal, November 2015: AED 155,000 a yearNew contract, July 2016: AED 150,000 a yearRenewal, July 2017: AED 140,000 a yearNew contract, November 2022: AED 140,000 a yearRenewal, November 2023: AED 140,000 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 4, and where 2702 sits

All 20 2-beds →

2702 last sold in March 2008 at AED 413 per sqft, in line with what two-beds in Sadaf 4 were fetching at the time (AED 413). Over the last 12 months two-beds sold for AED 2,250,000, around AED 1,554 per sqft, and rent for AED 98,000 to 175,000 a year. 2702's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,250,000
23 Jun 20252,440,626
7 May 20252,500,000
15 Dec 20231,850,000
1 2-bed sale 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 27th floor

All 125 units in Sadaf 4
Value
27012-bedAED 1.8M · Apr 2008
27033-bedAED 2.35M · Jun 2024
27043-bedAED 1.5M · Nov 2010

2702, Sadaf 4 in numbers

  • Sold once: by Dubai Properties on 17 March 2008 for AED 599,000, or AED 413 per sqft.
  • Rented since November 2013 on 7 Ejari contracts, from AED 155,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2008 price is 23.4%, before a service charge of about AED 25,900 a year (AED 17.91 per sqft).
  • Two-beds in Sadaf 4 sold for AED 2,250,000–2,250,000 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 26 November 2023.

Questions about 2702, Sadaf 4

What did unit 2702 last sell for?

AED 599,000 on 17 March 2008, sold by the developer: AED 413 per sqft for 1,448 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 140,000 a year on the contract renewed on 26 November 2023. The previous contract, from November 2022, was AED 140,000; the unit has been rented since November 2013.

How big is unit 2702?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 27th floor of a 38-storey tower completed in 2007.

What is unit 2702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 4 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 1,554 per sqft.

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Mortgage on 2702, Sadaf 4

Starts from the last sale price (AED 599K, 17 March 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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