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3-bed · 2,921 sqftSadaf 4, Jumeirah Beach Residence · 30th floor · completed 2007

3002, Sadaf 4

Sold prices and rental history: sold once, by the developer in December 2008, and rented once, from October 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 1 October 2014
Last soldAED 949K31 December 2008
Current rentAED 250K /yr1 October 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3002, Sadaf 4

What is 3002 worth today?

Last sold for AED 949,000 in 2008

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1 Oct 2014RentedNew contract
AED 250,000/yr12 months · AED 86 per sqft
31 Dec 2008Sold by developerReady
AED 949,000AED 324 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type
3-bed apartment
Size
2,921 sqft
Floor
30th of 38
Parking
M9, M10
Developer
Dubai Properties
Completed
2007
Service charge
AED 52,300 /yr
Last sold
AED 949K · December 2008
Building
Sadaf 4

About 3002, Sadaf 4

3002 is a three-bedroom apartment of 2,921 sqft on the 30th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 December 2008 for AED 949,000, or AED 324 per sqft, 16% below the AED 388 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2014. The current contract, signed on 1 October 2014, is AED 250,000 a year: a gross yield of 26.3% on the 2008 price, before the service charge of about AED 52,300 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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, December 2008: AED 949,000 (AED 324 per sqft)

3002 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3002, 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, October 2014: AED 250,000 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 3002 sits

All 89 3-beds →

3002 last sold in December 2008 at AED 324 per sqft, 16% below what three-beds in Sadaf 4 were fetching at the time (AED 388). 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. 3002's AED 250,000 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 30th floor

All 125 units in Sadaf 4
Value
30013-bedAED 3.58M · Oct 2008

3002, Sadaf 4 in numbers

  • Sold once: by Dubai Properties on 31 December 2008 for AED 949,000, or AED 324 per sqft.
  • Rented since October 2014 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2008 price is 26.3%, before a service charge of about AED 52,300 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 1 October 2014.

Questions about 3002, Sadaf 4

What did unit 3002 last sell for?

AED 949,000 on 31 December 2008, sold by the developer: AED 324 per sqft for 2,921 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 250,000 a year on the contract signed on 1 October 2014.

How big is unit 3002?

2,921 sqft (271.4 sqm): a three-bedroom apartment on the 30th floor of a 38-storey tower completed in 2007.

What is unit 3002 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 3002, Sadaf 4

Starts from the last sale price (AED 949K, 31 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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