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

507, Sadaf 5

Sold prices and rental history: sold 4 times, last in May 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 2 May 2016
Last soldAED 2.1M2 May 2016
Current rentAED 165K /yr25 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Sadaf 5

What is 507 worth today?

Last sold for AED 2,100,000 in 2016

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2 May 2016SoldReady
AED 2,100,000AED 1,168 per sqft
25 Mar 2015RentedNew contract
AED 165,000/yr12 months · AED 92 per sqft
25 Mar 2014RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft
11 May 2010SoldReady
AED 1,827,946AED 1,017 per sqft
10 Feb 2008SoldReady
AED 1,900,000AED 1,057 per sqft
2 Jan 2008Sold by developerReady
AED 699,000AED 388 per sqft

Source: Dubai Land Department. Updated 2 May 2016.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
5th of 38
Parking
B243/ B244
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 2.1M · May 2016
Building
Sadaf 5

About 507, Sadaf 5

507 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. It last sold on 2 May 2016 for AED 2,100,000, or AED 1,168 per sqft, 6% above the AED 1,104 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 March 2015, is AED 165,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 32,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 2008: AED 699,000 (AED 388 per sqft)Sold, February 2008: AED 1,900,000 (AED 1,057 per sqft)Sold, May 2010: AED 1,827,946 (AED 1,017 per sqft)Sold, May 2016: AED 2,100,000 (AED 1,168 per sqft)

507 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 507, 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, March 2014: AED 150,000 a yearNew contract, March 2015: 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 507 sits

All 88 3-beds →

507 last sold in May 2016 at AED 1,168 per sqft, 6% above what three-beds in Sadaf 5 were fetching at the time (AED 1,104). 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. 507'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
5063-bedAED 699K · Jan 2010
5083-bedAED 1M · Mar 2013

507, Sadaf 5 in numbers

  • Sold 4 times: first on 2 January 2008 for AED 699,000, last on 2 May 2016 for AED 2,100,000 (AED 1,168 per sqft).
  • Rented since March 2014 on 2 Ejari contracts, from AED 150,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2016 price is 7.9%, 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 2 May 2016.

Questions about 507, Sadaf 5

What did unit 507 last sell for?

AED 2,100,000 on 2 May 2016: AED 1,168 per sqft for 1,797 sqft. The unit has 4 registered sales; the first was AED 699,000 in January 2008.

What is the rent for unit 507?

AED 165,000 a year on the contract signed on 25 March 2015. The previous contract, from March 2014, was AED 150,000.

How big is unit 507?

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 507 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 507, Sadaf 5

Starts from the last sale price (AED 2.1M, 2 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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