3-bed · 1,797 sqftSadaf 5, Jumeirah Beach Residence · 10th floor · completed 2007

1005, Sadaf 5

Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 18 September 2023
Last soldAED 350K12 June 2008
Current rentAED 155K /yr18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Sadaf 5

What is 1005 worth today?

Last sold for AED 349,500 in 2008

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18 Sep 2023RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
18 Sep 2022RentedRenewal
AED 131,197/yr12 months · AED 73 per sqft
18 Mar 2022RentedNew contract
AED 128,000/yr6 months · AED 71 per sqft
18 Mar 2021RentedRenewal
AED 119,000/yr6 months · AED 66 per sqft
18 Mar 2020RentedNew contract
AED 119,000/yr12 months · AED 66 per sqft
3 Jul 2019RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
5 Apr 2019RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
26 Jan 2018RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 18 September 2023.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
10th of 38
Parking
B49/ B50
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 350K · June 2008
Building
Sadaf 5

About 1005, Sadaf 5

1005 is a three-bedroom apartment of 1,797 sqft on the 10th floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 June 2008 for AED 349,500, or AED 194 per sqft, 50% below the AED 388 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 18 September 2023, is AED 155,000 a year: a gross yield of 44.4% on the 2008 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical three-bed in Sadaf 5
02M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,124,500; 2010 AED 1,708,500; 2011 AED 1,500,000; 2012 AED 1,700,000; 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 1,275,000; 2016 AED 2,100,000; 2018 AED 2,000,000; 2020 AED 1,250,000; 2021 AED 1,430,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,300,000; 2025 AED 2,715,000; 2026 AED 2,500,000Sold by developer, June 2008: AED 349,500 (AED 194 per sqft)

1005 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1005, each contractTypical three-bed in Sadaf 5
100K150K200K2012201620202024Typical rent by year: 2012 AED 137,500; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 170,380; 2025 AED 180,000; 2026 AED 150,000New contract, September 2012: AED 155,000 a yearNew contract, September 2013: AED 190,000 a yearNew contract, September 2014: AED 200,000 a yearRenewal, September 2015: AED 200,000 a yearRenewal, September 2016: AED 180,000 a yearNew contract, January 2017: AED 155,000 a yearNew contract, January 2018: AED 155,000 a yearNew contract, April 2019: AED 125,000 a yearNew contract, July 2019: AED 120,000 a yearNew contract, March 2020: AED 119,000 a yearRenewal, March 2021: AED 119,000 a yearNew contract, March 2022: AED 128,000 a yearRenewal, September 2022: AED 131,197 a yearNew contract, September 2023: AED 155,000 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 5, and where 1005 sits

All 88 3-beds →

1005 last sold in June 2008 at AED 194 per sqft, 50% below what three-beds in Sadaf 5 were fetching at the time (AED 388). Over the last 12 months three-beds sold for AED 2,000,000 to 3,000,000, around AED 1,390 per sqft, and rent for AED 100,000 to 395,000 a year. 1005's AED 155,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Jul 20262,500,000
16 Jun 20262,000,000
8 Jun 20263,000,000
14 May 20262,880,000
5 3-bed sales in the last 12 months

Sadaf 5

Building

126 apartments, 2-bed to 4-bed over 38 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 1,496
Typical sale
AED 2.57M
Typical rent
AED 160K /yr
Typical yield
5.7%
Sadaf 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 126 units in Sadaf 5
Value
10063-bedAED 2.41M · Jul 2021
10073-bedAED 699K · Apr 2008
10083-bedAED 699K · Feb 2009

1005, Sadaf 5 in numbers

  • Sold once: by Dubai Properties on 12 June 2008 for AED 349,500, or AED 194 per sqft.
  • Rented since September 2012 on 14 Ejari contracts. The rent fell from AED 155,000 to AED 119,000 in 2021 and recovered to AED 155,000 by September 2023.
  • At AED 155,000 a year the gross yield on the 2008 price is 44.4%, before a service charge of about AED 32,200 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 5 sold for AED 2,000,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,496 per sqft.

Source: Dubai Land Department. Updated 18 September 2023.

Questions about 1005, Sadaf 5

What did unit 1005 last sell for?

AED 349,500 on 12 June 2008, sold by the developer: AED 194 per sqft for 1,797 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 155,000 a year on the contract signed on 18 September 2023. The previous contract, from September 2022, was AED 131,197; the unit has been rented since September 2012.

How big is unit 1005?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 10th floor of a 38-storey tower completed in 2007.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 5 sold for AED 2,000,000 to 3,000,000 in the last 12 months, around AED 1,390 per sqft.

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Mortgage on 1005, Sadaf 5

Starts from the last sale price (AED 350K, 12 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 349,500
Deposit, UAE resident (20%)
AED 69,900
Deposit, non-resident (40%)
AED 139,800
Monthly over 25 years at 3.7%
AED 1,430

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