4-bed · 2,921 sqftSadaf 4, Jumeirah Beach Residence · 35th floor · completed 2007

3502, Sadaf 4

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

Unit 3502 · DLD and Ejari recordsUpdated 6 February 2020
Last soldAED 949K31 August 2008
Current rentAED 65K /yr6 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3502, Sadaf 4

What is 3502 worth today?

Last sold for AED 949,000 in 2008

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6 Feb 2020RentedRenewal · flagged as an outlier
AED 65,000/yr12 months · AED 22 per sqft
6 Feb 2019RentedRenewal · flagged as an outlier
AED 65,000/yr12 months · AED 22 per sqft
6 Feb 2018RentedRenewal · flagged as an outlier
AED 65,000/yr12 months · AED 22 per sqft
6 Feb 2017RentedNew contract · flagged as an outlier
AED 65,000/yr12 months · AED 22 per sqft
8 Feb 2014RentedNew contract · flagged as an outlier
AED 66,604/yr12 months · AED 23 per sqft
7 Feb 2013RentedNew contract · flagged as an outlier
AED 65,000/yr12 months · AED 22 per sqft
31 Aug 2008Sold by developerReady
AED 949,000AED 324 per sqft

Source: Dubai Land Department. Updated 6 February 2020.

Key facts

Type
4-bed apartment
Size
2,921 sqft
Floor
35th of 38
Parking
G150/ G151
Developer
Dubai Properties
Completed
2007
Service charge
AED 52,300 /yr
Last sold
AED 949K · August 2008
Building
Sadaf 4

About 3502, Sadaf 4

3502 is a four-bedroom apartment of 2,921 sqft on the 35th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 August 2008 for AED 949,000, or AED 324 per sqft, in line with the AED 324 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 6 February 2020, is AED 65,000 a year: a gross yield of 6.9% on the 2008 price, before the service charge of about AED 52,300 a year.

Sales and rents for 3502 over time

Sales
Unit 3502, each saleTypical four-bed in Sadaf 4
2M4M2007200920112013Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2011 AED 1,749,500; 2012 AED 4,000,000Sold by developer, August 2008: AED 949,000 (AED 324 per sqft)

3502 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3502, each contractTypical four-bed in Sadaf 4
200K300K2013201720212025Typical rent by year: 2013 AED 216,948; 2014 AED 250,000; 2015 AED 220,000; 2016 AED 214,000; 2017 AED 230,000; 2018 AED 190,000; 2019 AED 200,000; 2020 AED 160,000; 2021 AED 170,000; 2022 AED 189,000; 2023 AED 260,000; 2024 AED 292,500; 2025 AED 275,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Sadaf 4, and where 3502 sits

All 14 4-beds →

3502 last sold in August 2008 at AED 324 per sqft, in line with what four-beds in Sadaf 4 were fetching at the time (AED 324). Over the last 12 months four-beds sold for AED 4,048,678 to 5,000,000, around AED 1,677 per sqft, and rent for AED 280,000 to 380,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
1 Oct 20264,900,000
30 Jul 20265,000,000
17 Nov 20254,048,678
9 Jan 20243,000,000
3 4-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 35th floor

All 125 units in Sadaf 4
Value
35014-bedAED 6.15M · Sep 2015

3502, Sadaf 4 in numbers

  • Sold once: by Dubai Properties on 31 August 2008 for AED 949,000, or AED 324 per sqft.
  • Rented since February 2013 on 6 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2008 price is 6.9%, before a service charge of about AED 52,300 a year (AED 17.91 per sqft).
  • Four-beds in Sadaf 4 sold for AED 4,048,678–5,000,000 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 6 February 2020.

Questions about 3502, Sadaf 4

What did unit 3502 last sell for?

AED 949,000 on 31 August 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 3502?

AED 65,000 a year on the contract renewed on 6 February 2020. The previous contract, from February 2019, was AED 65,000; the unit has been rented since February 2013.

How big is unit 3502?

2,921 sqft (271.4 sqm): a four-bedroom apartment on the 35th floor of a 38-storey tower completed in 2007.

What is unit 3502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 4 sold for AED 4,048,678 to 5,000,000 in the last 12 months, around AED 1,677 per sqft.

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Mortgage on 3502, Sadaf 4

Starts from the last sale price (AED 949K, 31 August 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 →