Penthouse · 2,186 sqftSadaf 5, Jumeirah Beach Residence · Ground floor · completed 2007

3702, Sadaf 5

Sold prices and rental history: sold twice, last in August 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 8 September 2021
Last soldAED 2.88M10 August 2009
Current rentAED 145K /yr8 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Sadaf 5

What is 3702 worth today?

Last sold for AED 2,880,000 in 2009

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8 Sep 2021RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
8 Sep 2020RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
8 Sep 2019RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
8 Sep 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
1 May 2017RentedRenewal
AED 210,000/yr12 months · AED 96 per sqft
1 May 2016RentedNew contract
AED 210,000/yr12 months · AED 96 per sqft
15 Mar 2015RentedNew contract
AED 220,000/yr12 months · AED 101 per sqft
15 Mar 2014RentedNew contract
AED 220,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 8 September 2021.

Key facts

Type
Penthouse apartment
Size
2,186 sqft
Floor
Ground of 38
Parking
G10
Developer
Dubai Properties
Completed
2007
Service charge
AED 39,100 /yr
Last sold
AED 2.88M · August 2009
Building
Sadaf 5

About 3702, Sadaf 5

3702 is a penthouse of 2,186 sqft on the ground floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 August 2009 for AED 2,880,000, or AED 1,317 per sqft, 65% above the AED 797 penthouses in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 8 September 2021, is AED 145,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 39,100 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, each saleTypical penthouse in Sadaf 5
2M3M2008201020122014Typical sale price by year: 2008 AED 1,860,000; 2013 AED 2,429,000Sold by developer, April 2008: AED 1,600,000 (AED 732 per sqft)Sold, August 2009: AED 2,880,000 (AED 1,317 per sqft)

3702 has sold twice; the dashed line is the penthouse median of each year in the building.

Penthouses in Sadaf 5, and where 3702 sits

All 5 penthouses →

3702 last sold in August 2009 at AED 1,317 per sqft, 65% above what penthouses in Sadaf 5 were fetching at the time (AED 797).

Recent penthouse salesUnit no.Price (AED)Summary
17 Feb 20258,500,000
31 May 20212,925,000
21 Dec 20173,440,000
10 Dec 20143,893,000
0 penthouse 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 ground floor

All 126 units in Sadaf 5
Value
37014-bedAED 1.7M · Apr 2021
3703PenthouseAED 3.44M · Dec 2017
3704PenthouseAED 2.93M · May 2021

3702, Sadaf 5 in numbers

  • Sold twice: first on 13 April 2008 for AED 1,600,000, last on 10 August 2009 for AED 2,880,000 (AED 1,317 per sqft).
  • Rented since March 2014 on 8 Ejari contracts, from AED 220,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 39,100 a year (AED 17.91 per sqft).

Source: Dubai Land Department. Updated 8 September 2021.

Questions about 3702, Sadaf 5

What did unit 3702 last sell for?

AED 2,880,000 on 10 August 2009: AED 1,317 per sqft for 2,186 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in April 2008.

What is the rent for unit 3702?

AED 145,000 a year on the contract renewed on 8 September 2021. The previous contract, from September 2020, was AED 145,000; the unit has been rented since March 2014.

How big is unit 3702?

2,186 sqft (203.1 sqm): a penthouse on the ground floor of a 38-storey tower completed in 2007.

What is unit 3702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3702, Sadaf 5

Starts from the last sale price (AED 2.88M, 10 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,880,000
Deposit, UAE resident (20%)
AED 576,000
Deposit, non-resident (40%)
AED 1,152,000
Monthly over 25 years at 3.7%
AED 11,783

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