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3-bed · 1,797 sqftSadaf 5, Jumeirah Beach Residence · 16th floor · completed 2007

1606, Sadaf 5

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

Unit 1606 · DLD and Ejari recordsUpdated 19 August 2013
Last soldAED 699K19 August 2013
Current rentAED 165K /yr15 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1606, Sadaf 5

What is 1606 worth today?

Last sold for AED 699,000 in 2013

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19 Aug 2013Sold by developerReady
AED 699,000AED 388 per sqft
15 Jun 2013RentedNew contract
AED 165,375/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 19 August 2013.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
16th of 38
Parking
M266/ M267
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 699K · August 2013
Building
Sadaf 5

About 1606, Sadaf 5

1606 is a three-bedroom apartment of 1,797 sqft on the 16th floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 August 2013 for AED 699,000, or AED 388 per sqft, 61% below the AED 1,002 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2013. The current contract, signed on 15 June 2013, is AED 165,375 a year: a gross yield of 23.7% on the 2013 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical three-bed in Sadaf 5
1M2M3M20072012201720222027Typical 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, August 2013: AED 699,000 (AED 388 per sqft)

1606 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in Sadaf 5
100K150K2012201620202024Typical 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, June 2013: AED 165,375 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 1606 sits

All 88 3-beds →

1606 last sold in August 2013 at AED 388 per sqft, 61% below what three-beds in Sadaf 5 were fetching at the time (AED 1,002). 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. 1606's AED 165,375 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 16th floor

All 126 units in Sadaf 5
Value
16053-bedAED 2.8M · Jan 2013
16073-bedAED 699K · Aug 2021
16083-bedAED 1.5M · Dec 2011

1606, Sadaf 5 in numbers

  • Sold once: by Dubai Properties on 19 August 2013 for AED 699,000, or AED 388 per sqft.
  • Rented since June 2013 on one Ejari contract, at AED 165,375 a year.
  • At AED 165,375 a year the gross yield on the 2013 price is 23.7%, 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 19 August 2013.

Questions about 1606, Sadaf 5

What did unit 1606 last sell for?

AED 699,000 on 19 August 2013, sold by the developer: AED 388 per sqft for 1,797 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 165,375 a year on the contract signed on 15 June 2013.

How big is unit 1606?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 16th floor of a 38-storey tower completed in 2007.

What is unit 1606 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 1606, Sadaf 5

Starts from the last sale price (AED 699K, 19 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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