2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 1st floor · completed 2007

103, Sadaf 7

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 2.04M8 February 2024
Current rentAED 95K /yr1 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Sadaf 7

What is 103 worth today?

Last sold for AED 2,040,000 in 2024

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8 Feb 2024SoldReady
AED 2,040,000AED 1,438 per sqft
28 Feb 2021SoldReady
AED 1,250,000AED 881 per sqft
1 Nov 2020SoldReady
AED 900,000AED 634 per sqft
1 Oct 2019RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
1 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Oct 2017RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Oct 2016RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
1 Oct 2015RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
1st of 46
Parking
B209
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 2.04M · February 2024
Building
Sadaf 7

About 103, Sadaf 7

103 is a two-bedroom apartment of 1,418 sqft on the 1st floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 February 2024 for AED 2,040,000, or AED 1,438 per sqft, in line with the AED 1,409 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2019, is AED 95,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, April 2008: AED 390,000 (AED 274 per sqft)Sold, November 2020: AED 900,000 (AED 634 per sqft)Sold, February 2021: AED 1,250,000 (AED 881 per sqft)Sold, February 2024: AED 2,040,000 (AED 1,438 per sqft)

103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 103, each contractTypical two-bed in Sadaf 7
100K2012201620202024Typical 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, July 2013: AED 105,000 a yearNew contract, April 2014: AED 95,000 a yearNew contract, September 2014: AED 63,000 a yearNew contract, October 2015: AED 120,000 a yearRenewal, October 2016: AED 120,000 a yearRenewal, October 2017: AED 120,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: 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 7, and where 103 sits

All 143 2-beds →

103 last sold in February 2024 at AED 1,438 per sqft, in line with what two-beds in Sadaf 7 were fetching at the time (AED 1,409). 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. 103's AED 95,000 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 1st floor

All 274 units in Sadaf 7
Value
1012-bedAED 1.28M · Mar 2010
1022-bedAED 1.3M · Nov 2018
1042-bedAED 550K · Oct 2013
1052-bedAED 1M · Jan 2018
1062-bedAED 2M · Oct 2024
1074-bedAED 1.55M · Mar 2008

103, Sadaf 7 in numbers

  • Sold 4 times: first on 3 April 2008 for AED 390,000, last on 8 February 2024 for AED 2,040,000 (AED 1,438 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 63,000 in 2014 and recovered to AED 95,000 by October 2019.
  • At AED 95,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 20,600 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 8 February 2024.

Questions about 103, Sadaf 7

What did unit 103 last sell for?

AED 2,040,000 on 8 February 2024: AED 1,438 per sqft for 1,418 sqft. The unit has 4 registered sales; the first was AED 390,000 in April 2008.

What is the rent for unit 103?

AED 95,000 a year on the contract renewed on 1 October 2019. The previous contract, from October 2018, was AED 110,000; the unit has been rented since July 2013.

How big is unit 103?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 1st floor of a 46-storey tower completed in 2007.

What is unit 103 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 103, Sadaf 7

Starts from the last sale price (AED 2.04M, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,000
Deposit, UAE resident (20%)
AED 408,000
Deposit, non-resident (40%)
AED 816,000
Monthly over 25 years at 3.7%
AED 8,346

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