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

506, Sadaf 5

Sold prices and rental history: sold once, by the developer in January 2010, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 699K21 January 2010
Current rentAED 165K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Sadaf 5

What is 506 worth today?

Last sold for AED 699,000 in 2010

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1 Sep 2023RentedNew contract
AED 165,000/yr24 months · AED 92 per sqft
21 Jan 2010Sold by developerReady
AED 699,000AED 388 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
5th of 38
Parking
B245/ B246
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 699K · January 2010
Building
Sadaf 5

About 506, Sadaf 5

506 is a three-bedroom apartment of 1,797 sqft on the 5th floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 January 2010 for AED 699,000, or AED 388 per sqft, 53% below the AED 830 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2023. The current contract, signed on 1 September 2023, is AED 165,000 a year: a gross yield of 23.6% on the 2010 price, before the service charge of about AED 32,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, January 2010: AED 699,000 (AED 388 per sqft)

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

Rents
Unit 506, 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, September 2023: AED 165,000 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 506 sits

All 88 3-beds →

506 last sold in January 2010 at AED 388 per sqft, 53% below what three-beds in Sadaf 5 were fetching at the time (AED 830). 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. 506's AED 165,000 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 5th floor

All 126 units in Sadaf 5
Value
5053-bedAED 2.87M · May 2013
5073-bedAED 2.1M · May 2016
5083-bedAED 1M · Mar 2013

506, Sadaf 5 in numbers

  • Sold once: by Dubai Properties on 21 January 2010 for AED 699,000, or AED 388 per sqft.
  • Rented since September 2023 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2010 price is 23.6%, 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 1 September 2023.

Questions about 506, Sadaf 5

What did unit 506 last sell for?

AED 699,000 on 21 January 2010, 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 506?

AED 165,000 a year on the contract signed on 1 September 2023.

How big is unit 506?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 5th floor of a 38-storey tower completed in 2007.

What is unit 506 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 506, Sadaf 5

Starts from the last sale price (AED 699K, 21 January 2010). 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 →