Penthouse · 6,219 sqftSadaf 6, Jumeirah Beach Residence · 47th floor · completed 2007

4701, Sadaf 6

Sold prices and rental history: sold 4 times, last in July 2013, and rented once, from March 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4701 · DLD and Ejari recordsUpdated 10 March 2014
Last soldAED 11M24 July 2013
Current rentAED 420K /yr10 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4701, Sadaf 6

What is 4701 worth today?

Last sold for AED 11,000,000 in 2013

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10 Mar 2014RentedNew contract
AED 420,000/yr12 months · AED 68 per sqft
24 Jul 2013SoldReady
AED 11,000,000AED 1,768 per sqft
25 Jun 2013SoldReady
AED 8,000,000AED 1,286 per sqft
6 May 2008SoldReady
AED 11,400,000AED 1,833 per sqft
27 Apr 2008Sold by developerReady
AED 4,450,000AED 715 per sqft

Source: Dubai Land Department. Updated 10 March 2014.

Key facts

Type
Penthouse apartment
Size
6,219 sqft
Floor
47th of 47
Parking
G57/G58/G58A
Developer
Dubai Properties
Completed
2007
Service charge
AED 111,400 /yr
Last sold
AED 11M · July 2013
Building
Sadaf 6

About 4701, Sadaf 6

4701 is a penthouse of 6,219 sqft on the 47th floor of Sadaf 6, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 July 2013 for AED 11,000,000, or AED 1,768 per sqft, 20% above the AED 1,472 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2014. The current contract, signed on 10 March 2014, is AED 420,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 111,400 a year.

Sales and rents for 4701 over time

Sales
Unit 4701, each saleTypical penthouse in Sadaf 6
5M10M2008201020122014Typical sale price by year: 2008 AED 4,200,000; 2013 AED 3,100,000Sold by developer, April 2008: AED 4,450,000 (AED 715 per sqft)Sold, May 2008: AED 11,400,000 (AED 1,833 per sqft)Sold, June 2013: AED 8,000,000 (AED 1,286 per sqft)Sold, July 2013: AED 11,000,000 (AED 1,768 per sqft)

4701 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Penthouses in Sadaf 6, and where 4701 sits

All 8 penthouses →

4701 last sold in July 2013 at AED 1,768 per sqft, 20% above what penthouses in Sadaf 6 were fetching at the time (AED 1,472).

Recent penthouse salesUnit no.Price (AED)Summary
16 Jul 20253,850,000
7 Nov 20173,700,000
5 Oct 20173,050,000
19 Dec 20163,300,000
0 penthouse 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 47th floor

All 266 units in Sadaf 6
Value
4702PenthouseAED 11.36M · Jul 2008

4701, Sadaf 6 in numbers

  • Sold 4 times: first on 27 April 2008 for AED 4,450,000, last on 24 July 2013 for AED 11,000,000 (AED 1,768 per sqft).
  • Rented since March 2014 on one Ejari contract, at AED 420,000 a year.
  • At AED 420,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 111,400 a year (AED 17.91 per sqft).

Source: Dubai Land Department. Updated 10 March 2014.

Questions about 4701, Sadaf 6

What did unit 4701 last sell for?

AED 11,000,000 on 24 July 2013: AED 1,768 per sqft for 6,219 sqft. The unit has 4 registered sales; the first was AED 4,450,000 in April 2008.

What is the rent for unit 4701?

AED 420,000 a year on the contract signed on 10 March 2014.

How big is unit 4701?

6,219 sqft (577.8 sqm): a penthouse on the 47th floor of a 47-storey tower completed in 2007.

What is unit 4701 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 4701, Sadaf 6

Starts from the last sale price (AED 11M, 24 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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