3-bed · 1,987 sqftSadaf 5, Jumeirah Beach Residence · 24th floor · completed 2007

2407, Sadaf 5

Sold prices and rental history: sold 3 times, last in June 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 17 June 2010
Last soldAED 1.71M17 June 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Sadaf 5

What is 2407 worth today?

Last sold for AED 1,708,500 in 2010

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17 Jun 2010SoldReady
AED 1,708,500AED 859 per sqft
13 Apr 2009SoldReady
AED 1,550,000AED 780 per sqft
7 May 2008Sold by developerReady
AED 699,000AED 351 per sqft

Source: Dubai Land Department. Updated 17 June 2010.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
24th of 38
Parking
G291/ G292
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,600 /yr
Last sold
AED 1.71M · June 2010
Building
Sadaf 5

About 2407, Sadaf 5

2407 is a three-bedroom apartment of 1,987 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 17 June 2010 for AED 1,708,500, or AED 859 per sqft, 16% below the AED 1,021 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2407 over time

Sales
Unit 2407, 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, May 2008: AED 699,000 (AED 351 per sqft)Sold, April 2009: AED 1,550,000 (AED 780 per sqft)Sold, June 2010: AED 1,708,500 (AED 859 per sqft)

2407 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2407, 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 150,000

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 2407 sits

All 88 3-beds →

2407 last sold in June 2010 at AED 859 per sqft, 16% below what three-beds in Sadaf 5 were fetching at the time (AED 1,021). 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.

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 24th floor

All 126 units in Sadaf 5
Value
24052-bedAED 2.9M · May 2015
24062-bedAED 2.35M · Aug 2023
24083-bedAED 1.8M · Sep 2022

2407, Sadaf 5 in numbers

  • Sold 3 times: first on 7 May 2008 for AED 699,000, last on 17 June 2010 for AED 1,708,500 (AED 859 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 17 June 2010.

Questions about 2407, Sadaf 5

What did unit 2407 last sell for?

AED 1,708,500 on 17 June 2010: AED 859 per sqft for 1,987 sqft. The unit has 3 registered sales; the first was AED 699,000 in May 2008.

How big is unit 2407?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 24th floor of a 38-storey tower completed in 2007.

What is unit 2407 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 2407, Sadaf 5

Starts from the last sale price (AED 1.71M, 17 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,708,500
Deposit, UAE resident (20%)
AED 341,700
Deposit, non-resident (40%)
AED 683,400
Monthly over 25 years at 3.7%
AED 6,990

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