2-bed · 1,448 sqftSadaf 5, Jumeirah Beach Residence · 24th floor · completed 2007

2405, Sadaf 5

Sold prices and rental history: sold 3 times, last in May 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 2.9M28 May 2015
Current rentAED 150K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Sadaf 5

What is 2405 worth today?

Last sold for AED 2,900,000 in 2015

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15 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 104 per sqft
13 Apr 2020RentedRenewal
AED 152,000/yr12 months · AED 105 per sqft
28 May 2015SoldReady
AED 2,900,000AED 2,003 per sqft
12 May 2008SoldReady
AED 2,960,392AED 2,045 per sqft
22 Apr 2008Sold by developerReady
AED 599,000AED 413 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
24th of 38
Parking
B317
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 2.9M · May 2015
Building
Sadaf 5

About 2405, Sadaf 5

2405 is a two-bedroom apartment of 1,448 sqft on the 24th floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 May 2015 for AED 2,900,000, or AED 2,003 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 June 2024, is AED 150,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Sadaf 5
2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 599,000; 2009 AED 599,000; 2010 AED 1,579,120; 2012 AED 1,150,000; 2017 AED 1,850,000; 2022 AED 1,900,000; 2025 AED 2,667,500Sold by developer, April 2008: AED 599,000 (AED 413 per sqft)Sold, May 2008: AED 2,960,392 (AED 2,045 per sqft)Sold, May 2015: AED 2,900,000 (AED 2,003 per sqft)

2405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Sadaf 5
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 143,000; 2017 AED 132,500; 2018 AED 125,000; 2019 AED 110,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 120,000; 2023 AED 130,000; 2024 AED 130,000; 2025 AED 120,000; 2026 AED 130,000Renewal, April 2020: AED 152,000 a yearNew contract, June 2024: AED 150,000 a year

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

2-beds in Sadaf 5, and where 2405 sits

All 20 2-beds →

Over the last 12 months two-beds sold for AED 2,635,000, around AED 1,820 per sqft, and rent for AED 85,000 to 240,000 a year. 2405's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Nov 20252,635,000
30 Jun 20252,700,000
11 Apr 20252,850,000
10 Apr 20252,000,000
1 2-bed sale 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 24th floor

All 126 units in Sadaf 5
Value
24062-bedAED 2.35M · Aug 2023
24073-bedAED 1.71M · Jun 2010
24083-bedAED 1.8M · Sep 2022

2405, Sadaf 5 in numbers

  • Sold 3 times: first on 22 April 2008 for AED 599,000, last on 28 May 2015 for AED 2,900,000 (AED 2,003 per sqft).
  • Rented since April 2020 on 2 Ejari contracts, from AED 152,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 25,900 a year (AED 17.91 per sqft).
  • Two-beds in Sadaf 5 sold for AED 2,635,000–2,635,000 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 15 June 2024.

Questions about 2405, Sadaf 5

What did unit 2405 last sell for?

AED 2,900,000 on 28 May 2015: AED 2,003 per sqft for 1,448 sqft. The unit has 3 registered sales; the first was AED 599,000 in April 2008.

What is the rent for unit 2405?

AED 150,000 a year on the contract signed on 15 June 2024. The previous contract, from April 2020, was AED 152,000.

How big is unit 2405?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 24th floor of a 38-storey tower completed in 2007.

What is unit 2405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 5 sold for AED 2,635,000 to 2,635,000 in the last 12 months, around AED 1,820 per sqft.

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Mortgage on 2405, Sadaf 5

Starts from the last sale price (AED 2.9M, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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