2-bed · 1,448 sqftSadaf 6, Jumeirah Beach Residence · 15th floor · completed 2007

1508, Sadaf 6

Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 1.9M10 July 2023
Current rentAED 95K /yr30 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Sadaf 6

What is 1508 worth today?

Last sold for AED 1,900,000 in 2023

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10 Jul 2023SoldReady
AED 1,900,000AED 1,312 per sqft
11 Oct 2021SoldReady
AED 1,500,000AED 1,035 per sqft
30 May 2020RentedRenewal
AED 95,000/yr12 months · AED 65 per sqft
30 May 2019RentedNew contract
AED 105,000/yr12 months · AED 72 per sqft
21 Sep 2016RentedNew contract
AED 132,000/yr12 months · AED 91 per sqft
4 Nov 2007Sold by developerReady
AED 885,000AED 611 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
15th of 47
Parking
B418
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.9M · July 2023
Building
Sadaf 6

About 1508, Sadaf 6

1508 is a two-bedroom apartment of 1,448 sqft on the 15th floor of Sadaf 6, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 10 July 2023 for AED 1,900,000, or AED 1,312 per sqft, in line with the AED 1,279 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 30 May 2020, is AED 95,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Sadaf 6
1M2M20072012201720222027Typical sale price by year: 2007 AED 635,000; 2008 AED 599,000; 2009 AED 885,000; 2010 AED 1,620,000; 2011 AED 1,000,000; 2012 AED 1,077,500; 2013 AED 885,000; 2014 AED 2,025,000; 2015 AED 885,000; 2016 AED 1,900,000; 2017 AED 2,100,000; 2018 AED 1,600,000; 2019 AED 1,150,000; 2020 AED 1,100,000; 2021 AED 1,500,000; 2022 AED 1,545,000; 2023 AED 1,847,500; 2024 AED 2,289,619; 2025 AED 2,275,000; 2026 AED 1,950,000Sold by developer, November 2007: AED 885,000 (AED 611 per sqft)Sold, October 2021: AED 1,500,000 (AED 1,035 per sqft)Sold, July 2023: AED 1,900,000 (AED 1,312 per sqft)

1508 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Sadaf 6
75K100K125K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 115,000; 2014 AED 130,352; 2015 AED 134,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 81,250; 2022 AED 99,750; 2023 AED 114,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 126,000New contract, September 2016: AED 132,000 a yearNew contract, May 2019: AED 105,000 a yearRenewal, May 2020: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sadaf 6, and where 1508 sits

All 119 2-beds →

1508 last sold in July 2023 at AED 1,312 per sqft, in line with what two-beds in Sadaf 6 were fetching at the time (AED 1,279). Over the last 12 months two-beds sold for AED 1,650,000 to 2,800,000, around AED 1,407 per sqft, and rent for AED 100,000 to 205,000 a year. 1508's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20262,700,000
21 Jul 20262,500,000
3 Jul 20261,875,000
5 Jun 20261,650,000
7 2-bed sales in the last 12 months

Sadaf 6

Building

266 apartments, studios to 3-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 15 sold in the last 12 months.

Typical price per sqft
AED 1,456 Down 2.5%
Typical sale
AED 2.63M
Typical rent
AED 130K /yr
Typical yield
6.0%
Sadaf 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 15th floor

All 266 units in Sadaf 6
Value
15092-bedAED 2.3M · Aug 2024
15102-bedAED 2.1M · Mar 2019
15112-bedAED 2.7M · Mar 2017
15123-bedAED 2.2M · May 2022
15133-bedAED 2.83M · Oct 2023

1508, Sadaf 6 in numbers

  • Sold 3 times: first on 4 November 2007 for AED 885,000, last on 10 July 2023 for AED 1,900,000 (AED 1,312 per sqft).
  • Rented since September 2016 on 3 Ejari contracts, from AED 132,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 25,900 a year (AED 17.91 per sqft).
  • Two-beds in Sadaf 6 sold for AED 1,650,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,456 per sqft.

Source: Dubai Land Department. Updated 10 July 2023.

Questions about 1508, Sadaf 6

What did unit 1508 last sell for?

AED 1,900,000 on 10 July 2023: AED 1,312 per sqft for 1,448 sqft. The unit has 3 registered sales; the first was AED 885,000 in November 2007.

What is the rent for unit 1508?

AED 95,000 a year on the contract renewed on 30 May 2020. The previous contract, from May 2019, was AED 105,000; the unit has been rented since September 2016.

How big is unit 1508?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 6 sold for AED 1,650,000 to 2,800,000 in the last 12 months, around AED 1,407 per sqft.

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Mortgage on 1508, Sadaf 6

Starts from the last sale price (AED 1.9M, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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