1503, Sadaf 7
Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Sadaf 7
What is 1503 worth today?
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Source: Dubai Land Department. Updated 2 May 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,418 sqft
- Floor
- 15th of 46
- Parking
- M135
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.27M · May 2021
- Building
- Sadaf 7
About 1503, Sadaf 7
1503 is a two-bedroom apartment of 1,418 sqft on the 15th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 2 May 2021 for AED 1,270,000, or AED 895 per sqft, 22% above the AED 735 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 24 February 2019, is AED 120,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1503 over time
1503 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 143 2-beds →1503 last sold in May 2021 at AED 895 per sqft, 22% above what two-beds in Sadaf 7 were fetching at the time (AED 735). 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. 1503's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,291 sqft | 2,000,000 | 1,548 | ||
| 4 Sep 20264 September 2026 | 1,418 sqft | 2,000,000 | 1,409 | ||
| 4 Sep 20264 September 2026 | 1,432 sqft | 2,200,000 | 1,535 | ||
| 25 Aug 202625 August 2026 | 1,291 sqft | 1,700,000 | 1,316 |
Sadaf 7
Building274 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%
Other units on the 15th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,291 sqft | AED 1.06MAED 1,060,800 · Jan 2009January 2009 | 105,000 /yr | |
| 1502 | 2-bed | 1,291 sqft | AED 860KAED 860,000 · Jan 2008January 2008 | 90,000 /yr | |
| 1504 | 2-bed | 1,432 sqft | AED 1.15MAED 1,148,350 · Nov 2007November 2007 | 130,000 /yr | |
| 1505 | 2-bed | 1,404 sqft | AED 1.24MAED 1,235,000 · Feb 2021February 2021 | 105,000 /yr | |
| 1506 | 2-bed | 1,418 sqft | AED 599KAED 599,000 · Feb 2009February 2009 | 125,000 /yr |
1503, Sadaf 7 in numbers
- Sold 4 times: first on 4 November 2007 for AED 860,000, last on 2 May 2021 for AED 1,270,000 (AED 895 per sqft).
- Rented since September 2012 on 7 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 9.4%, 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 2 May 2021.
Questions about 1503, Sadaf 7
What did unit 1503 last sell for?
AED 1,270,000 on 2 May 2021: AED 895 per sqft for 1,418 sqft. The unit has 4 registered sales; the first was AED 860,000 in November 2007.
What is the rent for unit 1503?
AED 120,000 a year on the contract renewed on 24 February 2019. The previous contract, from February 2017, was AED 138,000; the unit has been rented since September 2012.
How big is unit 1503?
1,418 sqft (131.7 sqm): a two-bedroom apartment on the 15th floor of a 46-storey tower completed in 2007.
What is unit 1503 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 1503, Sadaf 7
Starts from the last sale price (AED 1.27M, 2 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,000
- Deposit, UAE resident (20%)
- AED 254,000
- Deposit, non-resident (40%)
- AED 508,000
- Monthly over 25 years at 3.7%
- AED 5,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →