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

302, Sadaf 4

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.3M14 May 2024
Current rentAED 175K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Sadaf 4

What is 302 worth today?

Last sold for AED 2,300,000 in 2024

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1 Jul 2024RentedNew contract
AED 175,000/yr12 months · AED 97 per sqft
14 May 2024SoldReady
AED 2,300,000AED 1,279 per sqft
12 Oct 2023SoldReady
AED 875,000AED 973 per sqft
26 Sep 2023SoldReady
AED 805,000AED 895 per sqft
11 Apr 2019SoldReady
AED 1,527,753AED 1,699 per sqft
1 Jan 2017RentedNew contract
AED 159,571/yr12 months · AED 89 per sqft
25 Apr 2014RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
25 Apr 2013RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
3rd of 38
Parking
B339/ B340
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 2.3M · May 2024
Building
Sadaf 4

About 302, Sadaf 4

302 is a three-bedroom apartment of 1,797 sqft on the 3rd floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 14 May 2024 for AED 2,300,000, or AED 1,279 per sqft, in line with the AED 1,258 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 July 2024, is AED 175,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 32,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, October 2007: AED 699,000 (AED 388 per sqft)Sold, April 2019: AED 1,527,753 (AED 1,699 per sqft)Sold, September 2023: AED 805,000 (AED 895 per sqft)Sold, October 2023: AED 875,000 (AED 973 per sqft)Sold, May 2024: AED 2,300,000 (AED 1,279 per sqft)

302 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 302, 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, April 2013: AED 140,000 a yearNew contract, April 2014: AED 160,000 a yearNew contract, January 2017: AED 159,571 a yearNew contract, July 2024: AED 175,000 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 302 sits

All 89 3-beds →

302 last sold in May 2024 at AED 1,279 per sqft, in line with 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. 302's AED 175,000 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 3rd floor

All 125 units in Sadaf 4
Value
3013-bedAED 2.5M · Sep 2012
3033-bedAED 1.9M · Jan 2024
3043-bedAED 1.7M · Aug 2021

302, Sadaf 4 in numbers

  • Sold 5 times: first on 23 October 2007 for AED 699,000, last on 14 May 2024 for AED 2,300,000 (AED 1,279 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 140,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 7.6%, 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 1 July 2024.

Questions about 302, Sadaf 4

What did unit 302 last sell for?

AED 2,300,000 on 14 May 2024: AED 1,279 per sqft for 1,797 sqft. The unit has 5 registered sales; the first was AED 699,000 in October 2007.

What is the rent for unit 302?

AED 175,000 a year on the contract signed on 1 July 2024. The previous contract, from January 2017, was AED 159,571; the unit has been rented since April 2013.

How big is unit 302?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 3rd floor of a 38-storey tower completed in 2007.

What is unit 302 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 302, Sadaf 4

Starts from the last sale price (AED 2.3M, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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