3-bed · 1,797 sqftSadaf 4, Jumeirah Beach Residence · 6th floor · completed 2007

603, Sadaf 4

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 1.6M10 August 2021
Current rentAED 125K /yr11 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Sadaf 4

What is 603 worth today?

Last sold for AED 1,600,000 in 2021

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10 Aug 2021SoldReady
AED 1,600,000AED 890 per sqft
11 Apr 2020RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
11 Dec 2019RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
11 Dec 2018RentedRenewal
AED 145,000/yr12 months · AED 81 per sqft
11 Dec 2017RentedRenewal
AED 165,000/yr12 months · AED 92 per sqft
11 Dec 2016RentedNew contract
AED 165,000/yr12 months · AED 92 per sqft
23 May 2016RentedRenewal
AED 168,000/yr6 months · AED 93 per sqft
23 May 2015RentedRenewal
AED 168,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
6th of 38
Parking
B261/ B262
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 1.6M · August 2021
Building
Sadaf 4

About 603, Sadaf 4

603 is a three-bedroom apartment of 1,797 sqft on the 6th floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 August 2021 for AED 1,600,000, or AED 890 per sqft, in line with the AED 890 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 11 April 2020, is AED 125,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 32,200 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 910,000 (AED 506 per sqft)Sold, August 2021: AED 1,600,000 (AED 890 per sqft)

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

Rents
Unit 603, 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, June 2012: AED 110,000 a yearNew contract, May 2013: AED 140,000 a yearRenewal, May 2014: AED 160,000 a yearRenewal, May 2015: AED 168,000 a yearRenewal, May 2016: AED 168,000 a yearNew contract, December 2016: AED 165,000 a yearRenewal, December 2017: AED 165,000 a yearRenewal, December 2018: AED 145,000 a yearRenewal, December 2019: AED 125,000 a yearNew contract, April 2020: AED 125,000 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 603 sits

All 89 3-beds →

603 last sold in August 2021 at AED 890 per sqft, in line with what three-beds in Sadaf 4 were fetching at the time (AED 890). 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. 603's AED 125,000 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 6th floor

All 125 units in Sadaf 4
Value
6013-bedAED 699K · Nov 2015
6023-bedAED 2.7M · Oct 2025
6043-bedAED 2.65M · Jan 2014

603, Sadaf 4 in numbers

  • Sold twice: first on 10 February 2008 for AED 910,000, last on 10 August 2021 for AED 1,600,000 (AED 890 per sqft).
  • Rented since June 2012 on 10 Ejari contracts, from AED 110,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 7.8%, 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 10 August 2021.

Questions about 603, Sadaf 4

What did unit 603 last sell for?

AED 1,600,000 on 10 August 2021: AED 890 per sqft for 1,797 sqft. The unit has 2 registered sales; the first was AED 910,000 in February 2008.

What is the rent for unit 603?

AED 125,000 a year on the contract signed on 11 April 2020. The previous contract, from December 2019, was AED 125,000; the unit has been rented since June 2012.

How big is unit 603?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 6th floor of a 38-storey tower completed in 2007.

What is unit 603 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 603, Sadaf 4

Starts from the last sale price (AED 1.6M, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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