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

104, Sadaf 7

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 1 September 2020
Last soldAED 550K2 October 2013
Current rentAED 72K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Sadaf 7

What is 104 worth today?

Last sold for AED 550,000 in 2013

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1 Sep 2020RentedNew contract
AED 72,000/yr12 months · AED 50 per sqft
27 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedNew contract
AED 106,000/yr12 months · AED 74 per sqft
1 Aug 2017RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
1 Sep 2014RentedNew contract
AED 126,000/yr12 months · AED 88 per sqft
2 Oct 2013Sold by developerReady
AED 550,000AED 383 per sqft
1 Sep 2013RentedNew contract
AED 108,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 September 2020.

Key facts

Type
2-bed apartment
Size
1,432 sqft
Floor
1st of 46
Parking
B208
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 550K · October 2013
Building
Sadaf 7

About 104, Sadaf 7

104 is a two-bedroom apartment of 1,432 sqft on the 1st floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 2 October 2013 for AED 550,000, or AED 383 per sqft, 65% below the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2020, is AED 72,000 a year: a gross yield of 13.1% on the 2013 price, before the service charge of about AED 20,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, 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, October 2013: AED 550,000 (AED 383 per sqft)

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

Rents
Unit 104, 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, September 2013: AED 108,000 a yearNew contract, September 2014: AED 126,000 a yearNew contract, August 2017: AED 120,000 a yearNew contract, November 2018: AED 106,000 a yearNew contract, August 2019: AED 85,000 a yearNew contract, September 2020: AED 72,000 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 104 sits

All 143 2-beds →

104 last sold in October 2013 at AED 383 per sqft, 65% below what two-beds in Sadaf 7 were fetching at the time (AED 1,083). 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. 104's AED 72,000 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
1032-bedAED 2.04M · Feb 2024
1052-bedAED 1M · Jan 2018
1062-bedAED 2M · Oct 2024
1074-bedAED 1.55M · Mar 2008

104, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 2 October 2013 for AED 550,000, or AED 383 per sqft.
  • Rented since September 2013 on 6 Ejari contracts, from AED 108,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2013 price is 13.1%, 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 1 September 2020.

Questions about 104, Sadaf 7

What did unit 104 last sell for?

AED 550,000 on 2 October 2013, sold by the developer: AED 383 per sqft for 1,432 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 72,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2019, was AED 85,000; the unit has been rented since September 2013.

How big is unit 104?

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

What is unit 104 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 104, Sadaf 7

Starts from the last sale price (AED 550K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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