2-bed · 1,432 sqftSadaf 7, Jumeirah Beach Residence · 10th floor · completed 2007

1004, Sadaf 7

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 6 November 2017
Last soldAED 1.72M6 November 2017
Current rentAED 120K /yr5 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Sadaf 7

What is 1004 worth today?

Last sold for AED 1,720,000 in 2017

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6 Nov 2017SoldReady
AED 1,720,000AED 1,200 per sqft
5 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
20 Mar 2017RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
20 Mar 2016RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
16 Nov 2015RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
27 Oct 2013SoldReady
AED 1,930,000AED 1,347 per sqft
23 Jun 2010Sold by developerReady
AED 820,000AED 572 per sqft

Source: Dubai Land Department. Updated 6 November 2017.

Key facts

Type
2-bed apartment
Size
1,432 sqft
Floor
10th of 46
Parking
B139
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.72M · November 2017
Building
Sadaf 7

About 1004, Sadaf 7

1004 is a two-bedroom apartment of 1,432 sqft on the 10th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 November 2017 for AED 1,720,000, or AED 1,200 per sqft, in line with the AED 1,220 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 5 September 2017, is AED 120,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical two-bed in Sadaf 7
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 742,500; 2009 AED 1,250,000; 2010 AED 1,250,000; 2011 AED 860,000; 2012 AED 1,340,000; 2013 AED 1,502,500; 2014 AED 2,100,000; 2015 AED 1,975,000; 2016 AED 1,720,000; 2017 AED 1,660,000; 2018 AED 1,437,500; 2019 AED 1,125,000; 2020 AED 900,000; 2021 AED 1,388,429; 2022 AED 1,500,000; 2023 AED 1,750,000; 2024 AED 2,001,000; 2025 AED 2,000,000; 2026 AED 2,000,000Sold by developer, June 2010: AED 820,000 (AED 572 per sqft)Sold, October 2013: AED 1,930,000 (AED 1,347 per sqft)Sold, November 2017: AED 1,720,000 (AED 1,200 per sqft)

1004 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1004, each contractTypical two-bed in Sadaf 7
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 112,500; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,260; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 92,500; 2020 AED 75,000; 2021 AED 75,375; 2022 AED 90,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 127,335; 2026 AED 117,000New contract, November 2015: AED 130,000 a yearNew contract, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearNew contract, September 2017: AED 120,000 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 7, and where 1004 sits

All 143 2-beds →

1004 last sold in November 2017 at AED 1,200 per sqft, in line with what two-beds in Sadaf 7 were fetching at the time (AED 1,220). Over the last 12 months two-beds sold for AED 1,600,000 to 2,950,000, around AED 1,468 per sqft, and rent for AED 50,000 to 365,000 a year. 1004's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20262,000,000
4 Sep 20262,000,000
4 Sep 20262,200,000
25 Aug 20261,700,000
17 2-bed sales in the last 12 months

Sadaf 7

Building

274 apartments, studios to 4-bed over 46 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 29 sold in the last 12 months.

Typical price per sqft
AED 1,445 Up 2.5%
Typical sale
AED 2M
Typical rent
AED 115K /yr
Typical yield
5.8%
Sadaf 7, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 274 units in Sadaf 7
Value
10012-bedAED 1.6M · May 2017
10022-bedAED 1.7M · Aug 2026
10032-bedAED 2.8M · Nov 2025
10052-bedAED 599K · Oct 2010
10062-bedAED 2.6M · Jul 2014

1004, Sadaf 7 in numbers

  • Sold 3 times: first on 23 June 2010 for AED 820,000, last on 6 November 2017 for AED 1,720,000 (AED 1,200 per sqft).
  • Rented since November 2015 on 4 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2017 price is 7.0%, before a service charge of about AED 20,800 a year (AED 14.53 per sqft).
  • Two-beds in Sadaf 7 sold for AED 1,600,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.

Source: Dubai Land Department. Updated 6 November 2017.

Questions about 1004, Sadaf 7

What did unit 1004 last sell for?

AED 1,720,000 on 6 November 2017: AED 1,200 per sqft for 1,432 sqft. The unit has 3 registered sales; the first was AED 820,000 in June 2010.

What is the rent for unit 1004?

AED 120,000 a year on the contract signed on 5 September 2017. The previous contract, from March 2017, was AED 120,000; the unit has been rented since November 2015.

How big is unit 1004?

1,432 sqft (133.0 sqm): a two-bedroom apartment on the 10th floor of a 46-storey tower completed in 2007.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 7 sold for AED 1,600,000 to 2,950,000 in the last 12 months, around AED 1,468 per sqft.

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Mortgage on 1004, Sadaf 7

Starts from the last sale price (AED 1.72M, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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