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

4702, Sadaf 6

Sold prices and rental history: sold twice, last in July 2008, and rented once, from June 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4702 · DLD and Ejari recordsUpdated 15 June 2016
Last soldAED 11.36M30 July 2008
Current rentAED 145K /yr15 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4702, Sadaf 6

What is 4702 worth today?

Last sold for AED 11,360,000 in 2008

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15 Jun 2016RentedNew contract · flagged as an outlier
AED 145,000/yr24 months · AED 23 per sqft
30 Jul 2008SoldReady
AED 11,360,000AED 1,826 per sqft
4 Nov 2007Sold by developerReady
AED 3,660,000AED 588 per sqft

Source: Dubai Land Department. Updated 15 June 2016.

Key facts

Type
Penthouse apartment
Size
6,219 sqft
Floor
47th of 47
Parking
G59/59AG60/60A
Developer
Dubai Properties
Completed
2007
Service charge
AED 111,400 /yr
Last sold
AED 11.36M · July 2008
Building
Sadaf 6

About 4702, Sadaf 6

4702 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 30 July 2008 for AED 11,360,000, or AED 1,826 per sqft, 152% above the AED 725 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2016. The current contract, signed on 15 June 2016, is AED 145,000 a year: a gross yield of 1.3% on the 2008 price, before the service charge of about AED 111,400 a year.

Sales and rents for 4702 over time

Sales
Unit 4702, each saleTypical penthouse in Sadaf 6
5M10M2007200920112013Typical sale price by year: 2008 AED 4,200,000; 2013 AED 3,100,000Sold by developer, November 2007: AED 3,660,000 (AED 588 per sqft)Sold, July 2008: AED 11,360,000 (AED 1,826 per sqft)

4702 has sold twice; the dashed line is the penthouse median of each year in the building.

Penthouses in Sadaf 6, and where 4702 sits

All 8 penthouses →

4702 last sold in July 2008 at AED 1,826 per sqft, 152% above what penthouses in Sadaf 6 were fetching at the time (AED 725).

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
4701PenthouseAED 11M · Jul 2013

4702, Sadaf 6 in numbers

  • Sold twice: first on 4 November 2007 for AED 3,660,000, last on 30 July 2008 for AED 11,360,000 (AED 1,826 per sqft).
  • Rented since June 2016 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2008 price is 1.3%, before a service charge of about AED 111,400 a year (AED 17.91 per sqft).

Source: Dubai Land Department. Updated 15 June 2016.

Questions about 4702, Sadaf 6

What did unit 4702 last sell for?

AED 11,360,000 on 30 July 2008: AED 1,826 per sqft for 6,219 sqft. The unit has 2 registered sales; the first was AED 3,660,000 in November 2007.

What is the rent for unit 4702?

AED 145,000 a year on the contract signed on 15 June 2016.

How big is unit 4702?

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

What is unit 4702 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 4702, Sadaf 6

Starts from the last sale price (AED 11.36M, 30 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 11,360,000
Deposit, UAE resident (20%)
AED 2,272,000
Deposit, non-resident (40%)
AED 4,544,000
Monthly over 25 years at 3.7%
AED 46,477

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