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3-bed · 1,987 sqftSadaf 4, Jumeirah Beach Residence · 27th floor · completed 2007

2703, Sadaf 4

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

Unit 2703 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2.35M10 June 2024
Current rentAED 90K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2703, Sadaf 4

What is 2703 worth today?

Last sold for AED 2,350,000 in 2024

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10 Jun 2024SoldReady
AED 2,350,000AED 1,182 per sqft
1 Nov 2022RentedRenewal
AED 90,000/yr12 months · AED 45 per sqft
1 Nov 2021RentedRenewal
AED 90,000/yr12 months · AED 45 per sqft
1 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 43 per sqft
23 Dec 2019SoldReady
AED 1,800,000AED 905 per sqft
5 Jul 2018RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
1 Feb 2017RentedNew contract
AED 164,510/yr12 months · AED 83 per sqft
15 Jul 2015RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
27th of 38
Parking
G168/ G169
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,600 /yr
Last sold
AED 2.35M · June 2024
Building
Sadaf 4

About 2703, Sadaf 4

2703 is a three-bedroom apartment of 1,987 sqft on the 27th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 June 2024 for AED 2,350,000, or AED 1,182 per sqft, 6% below the AED 1,258 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 90,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 2703 over time

Sales
Unit 2703, 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, February 2008: AED 699,000 (AED 351 per sqft)Sold, March 2014: AED 2,900,000 (AED 1,459 per sqft)Sold, December 2019: AED 1,800,000 (AED 905 per sqft)Sold, June 2024: AED 2,350,000 (AED 1,182 per sqft)

2703 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2703, 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, September 2012: AED 125,000 a yearNew contract, June 2014: AED 170,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, February 2017: AED 164,510 a yearNew contract, July 2018: AED 145,000 a yearNew contract, November 2020: AED 85,000 a yearRenewal, November 2021: AED 90,000 a yearRenewal, November 2022: AED 90,000 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 2703 sits

All 89 3-beds →

2703 last sold in June 2024 at AED 1,182 per sqft, 6% below what three-beds in Sadaf 4 were fetching at the time (AED 1,258). 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. 2703's AED 90,000 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 27th floor

All 125 units in Sadaf 4
Value
27012-bedAED 1.8M · Apr 2008
27022-bedAED 599K · Mar 2008
27043-bedAED 1.5M · Nov 2010

2703, Sadaf 4 in numbers

  • Sold 4 times: first on 5 February 2008 for AED 699,000, last on 10 June 2024 for AED 2,350,000 (AED 1,182 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 35,600 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 10 June 2024.

Questions about 2703, Sadaf 4

What did unit 2703 last sell for?

AED 2,350,000 on 10 June 2024: AED 1,182 per sqft for 1,987 sqft. The unit has 4 registered sales; the first was AED 699,000 in February 2008.

What is the rent for unit 2703?

AED 90,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 90,000; the unit has been rented since September 2012.

How big is unit 2703?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 27th floor of a 38-storey tower completed in 2007.

What is unit 2703 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 2703, Sadaf 4

Starts from the last sale price (AED 2.35M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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