3704, Sadaf 5
Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3704, Sadaf 5
What is 3704 worth today?
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Source: Dubai Land Department. Updated 31 May 2021.
Key facts
- Type
- Penthouse apartment
- Size
- 2,249 sqft
- Floor
- Ground of 38
- Parking
- G12
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 40,300 /yr
- Last sold
- AED 2.93M · May 2021
- Building
- Sadaf 5
About 3704, Sadaf 5
3704 is a penthouse of 2,249 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 31 May 2021 for AED 2,925,000, or AED 1,300 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 December 2020, is AED 165,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 40,300 a year.
Sales and rents for 3704 over time
3704 has sold 3 times; the dashed line is the penthouse median of each year in the building.
Penthouses in Sadaf 5, and where 3704 sits
All 5 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202517 February 2025 | 5,816 sqft | 8,500,000 | 1,461 | ||
| 21 Dec 201721 December 2017 | 2,238 sqft | 3,440,000 | 1,537 | ||
| 10 Dec 201410 December 2014 | 3,577 sqft | 3,893,000 | 1,088 | ||
| 29 Dec 201329 December 2013 | 2,238 sqft | 3,650,000 | 1,631 |
Sadaf 5
Building126 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%
Other units on the ground floor
All 126 units in Sadaf 53704, Sadaf 5 in numbers
- Sold 3 times: first on 11 November 2013 for AED 2,429,000, last on 31 May 2021 for AED 2,925,000 (AED 1,300 per sqft).
- Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 240,000 to AED 120,000 in 2019 and recovered to AED 165,000 by December 2020.
- At AED 165,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 40,300 a year (AED 17.91 per sqft).
Source: Dubai Land Department. Updated 31 May 2021.
Questions about 3704, Sadaf 5
What did unit 3704 last sell for?
AED 2,925,000 on 31 May 2021: AED 1,300 per sqft for 2,249 sqft. The unit has 3 registered sales; the first was AED 2,429,000 in November 2013.
What is the rent for unit 3704?
AED 165,000 a year on the contract signed on 1 December 2020. The previous contract, from September 2019, was AED 180,000; the unit has been rented since June 2018.
How big is unit 3704?
2,249 sqft (208.9 sqm): a penthouse on the ground floor of a 38-storey tower completed in 2007.
What is unit 3704 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 3704, Sadaf 5
Starts from the last sale price (AED 2.93M, 31 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,925,000
- Deposit, UAE resident (20%)
- AED 585,000
- Deposit, non-resident (40%)
- AED 1,170,000
- Monthly over 25 years at 3.7%
- AED 11,967
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →