508, Sadaf 5
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Sadaf 5
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,797 sqft
- Floor
- 5th of 38
- Parking
- B241/ B242
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1M · March 2013
- Building
- Sadaf 5
About 508, Sadaf 5
508 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 10 March 2013 for AED 1,000,000, or AED 556 per sqft, 42% below the AED 960 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 February 2024, is AED 122,002 a year: a gross yield of 12.2% on the 2013 price, before the service charge of about AED 32,200 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the three-bed median of each year in the building.
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 508 sits
All 88 3-beds →508 last sold in March 2013 at AED 556 per sqft, 42% below what three-beds in Sadaf 5 were fetching at the time (AED 960). 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. 508's AED 122,002 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 1,797 sqft | 2,500,000 | 1,390 | ||
| 16 Jun 202616 June 2026 | 1,797 sqft | 2,000,000 | 1,112 | ||
| 8 Jun 20268 June 2026 | 1,797 sqft | 3,000,000 | 1,669 | ||
| 14 May 202614 May 2026 | 1,797 sqft | 2,880,000 | 1,602 |
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 5th floor
All 126 units in Sadaf 5508, Sadaf 5 in numbers
- Sold twice: first on 27 January 2013 for AED 1,220,000, last on 10 March 2013 for AED 1,000,000 (AED 556 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 122,002 by February 2024.
- At AED 122,002 a year the gross yield on the 2013 price is 12.2%, 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 February 2024.
Questions about 508, Sadaf 5
What did unit 508 last sell for?
AED 1,000,000 on 10 March 2013: AED 556 per sqft for 1,797 sqft. The unit has 2 registered sales; the first was AED 1,220,000 in January 2013.
What is the rent for unit 508?
AED 122,002 a year on the contract signed on 1 February 2024. The previous contract, from February 2023, was AED 110,400; the unit has been rented since November 2017.
How big is unit 508?
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 508 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 508, Sadaf 5
Starts from the last sale price (AED 1M, 10 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →