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

106, Sadaf 7

Sold prices and rental history: sold 7 times, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 2M25 October 2024
Current rentAED 125K /yr7 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Sadaf 7

What is 106 worth today?

Last sold for AED 2,000,000 in 2024

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25 Oct 2024SoldReady
AED 2,000,000AED 1,409 per sqft
25 Feb 2020SoldReady
AED 1,080,000AED 761 per sqft
7 Sep 2018RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
7 Sep 2017RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
7 Sep 2016RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
7 Dec 2015RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
16 Nov 2014SoldReady
AED 2,200,000AED 1,550 per sqft
17 Aug 2013RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
1st of 46
Parking
B206
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 2M · October 2024
Building
Sadaf 7

About 106, Sadaf 7

106 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 25 October 2024 for AED 2,000,000, or AED 1,409 per sqft, in line with the AED 1,424 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 7 September 2018, is AED 125,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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 750,000 (AED 528 per sqft)Sold, May 2008: AED 1,560,350 (AED 1,100 per sqft)Sold, July 2012: AED 1,260,000 (AED 888 per sqft)Sold, February 2013: AED 775,000 (AED 546 per sqft)Sold, November 2014: AED 2,200,000 (AED 1,550 per sqft)Sold, February 2020: AED 1,080,000 (AED 761 per sqft)Sold, October 2024: AED 2,000,000 (AED 1,409 per sqft)

106 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in Sadaf 7
100K150K2012201620202024Typical 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, August 2012: AED 90,000 a yearNew contract, August 2013: AED 130,000 a yearNew contract, December 2015: AED 150,000 a yearNew contract, September 2016: AED 125,000 a yearRenewal, September 2017: AED 125,000 a yearRenewal, September 2018: AED 125,000 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 106 sits

All 143 2-beds →

106 last sold in October 2024 at AED 1,409 per sqft, in line with what two-beds in Sadaf 7 were fetching at the time (AED 1,424). 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. 106's AED 125,000 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
1042-bedAED 550K · Oct 2013
1052-bedAED 1M · Jan 2018
1074-bedAED 1.55M · Mar 2008

106, Sadaf 7 in numbers

  • Sold 7 times: first on 15 April 2008 for AED 750,000, last on 25 October 2024 for AED 2,000,000 (AED 1,409 per sqft).
  • Rented since August 2012 on 6 Ejari contracts, from AED 90,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 6.3%, 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 25 October 2024.

Questions about 106, Sadaf 7

What did unit 106 last sell for?

AED 2,000,000 on 25 October 2024: AED 1,409 per sqft for 1,418 sqft. The unit has 7 registered sales; the first was AED 750,000 in April 2008.

What is the rent for unit 106?

AED 125,000 a year on the contract renewed on 7 September 2018. The previous contract, from September 2017, was AED 125,000; the unit has been rented since August 2012.

How big is unit 106?

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 106 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 106, Sadaf 7

Starts from the last sale price (AED 2M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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