2-bed · 1,409 sqftSadaf 6, Jumeirah Beach Residence · 5th floor · completed 2007

511, Sadaf 6

Sold prices and rental history: sold twice, last in December 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.7M12 December 2010
Current rentAED 105K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Sadaf 6

What is 511 worth today?

Last sold for AED 1,700,000 in 2010

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1 Jun 2024RentedRenewal
AED 105,000/yr12 months · AED 75 per sqft
1 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
25 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
30 Sep 2020RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
30 Aug 2019RentedNew contract
AED 90,000/yr13 months · AED 64 per sqft
5 Aug 2018RentedNew contract
AED 132,000/yr12 months · AED 94 per sqft
1 Sep 2017RentedRenewal
AED 135,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
5th of 47
Parking
B465
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,200 /yr
Last sold
AED 1.7M · December 2010
Building
Sadaf 6

About 511, Sadaf 6

511 is a two-bedroom apartment of 1,409 sqft on the 5th floor of Sadaf 6, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 December 2010 for AED 1,700,000, or AED 1,206 per sqft, 7% above the AED 1,125 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 105,000 a year: a gross yield of 6.2% on the 2010 price, before the service charge of about AED 25,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, October 2008: AED 550,000 (AED 390 per sqft)Sold, December 2010: AED 1,700,000 (AED 1,206 per sqft)

511 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 511, 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 135,000 a yearRenewal, September 2017: AED 135,000 a yearNew contract, August 2018: AED 132,000 a yearNew contract, August 2019: AED 90,000 a yearRenewal, September 2020: AED 80,000 a yearNew contract, October 2021: AED 90,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 100,000 a yearRenewal, June 2024: AED 105,000 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 511 sits

All 119 2-beds →

511 last sold in December 2010 at AED 1,206 per sqft, 7% above what two-beds in Sadaf 6 were fetching at the time (AED 1,125). 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. 511's AED 105,000 is in the lower half 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 5th floor

All 266 units in Sadaf 6
Value
5082-bedAED 318K · Mar 2008
5092-bedAED 780K · Dec 2008
5102-bedAED 2.3M · Mar 2023
5123-bedAED 699K · Jul 2019
5133-bedAED 3M · Feb 2008

511, Sadaf 6 in numbers

  • Sold twice: first on 22 October 2008 for AED 550,000, last on 12 December 2010 for AED 1,700,000 (AED 1,206 per sqft).
  • Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 105,000 by June 2024.
  • At AED 105,000 a year the gross yield on the 2010 price is 6.2%, before a service charge of about AED 25,200 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 1 June 2024.

Questions about 511, Sadaf 6

What did unit 511 last sell for?

AED 1,700,000 on 12 December 2010: AED 1,206 per sqft for 1,409 sqft. The unit has 2 registered sales; the first was AED 550,000 in October 2008.

What is the rent for unit 511?

AED 105,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 100,000; the unit has been rented since September 2016.

How big is unit 511?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.

What is unit 511 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 511, Sadaf 6

Starts from the last sale price (AED 1.7M, 12 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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