2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 15th floor · completed 2007

1506, Sadaf 7

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 599K5 February 2009
Current rentAED 125K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Sadaf 7

What is 1506 worth today?

Last sold for AED 599,000 in 2009

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28 Oct 2025RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
28 Oct 2024RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
28 Oct 2023RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
28 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
15 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
25 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
2 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
25 Jul 2018RentedRenewal
AED 115,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
15th of 46
Parking
M132
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 599K · February 2009
Building
Sadaf 7

About 1506, Sadaf 7

1506 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. The developer sold it on 5 February 2009 for AED 599,000, or AED 422 per sqft, 24% below the AED 557 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 28 October 2025, is AED 125,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, February 2009: AED 599,000 (AED 422 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Sadaf 7
50K100K150K2012201620202024Typical 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 2015: AED 155,000 a yearNew contract, September 2016: AED 155,000 a yearNew contract, July 2017: AED 125,000 a yearRenewal, July 2018: AED 115,000 a yearNew contract, October 2019: AED 90,000 a yearNew contract, November 2020: AED 65,000 a yearNew contract, August 2021: AED 75,000 a yearNew contract, October 2022: AED 125,000 a yearRenewal, October 2023: AED 125,000 a yearRenewal, October 2024: AED 125,000 a yearRenewal, October 2025: 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 1506 sits

All 143 2-beds →

1506 last sold in February 2009 at AED 422 per sqft, 24% below what two-beds in Sadaf 7 were fetching at the time (AED 557). 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. 1506'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 15th floor

All 274 units in Sadaf 7
Value
15012-bedAED 1.06M · Jan 2009
15022-bedAED 860K · Jan 2008
15032-bedAED 1.27M · May 2021
15042-bedAED 1.15M · Nov 2007
15052-bedAED 1.24M · Feb 2021

1506, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 5 February 2009 for AED 599,000, or AED 422 per sqft.
  • Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 65,000 in 2020 and recovered to AED 125,000 by October 2025.
  • At AED 125,000 a year the gross yield on the 2009 price is 20.9%, 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 28 October 2025.

Questions about 1506, Sadaf 7

What did unit 1506 last sell for?

AED 599,000 on 5 February 2009, sold by the developer: AED 422 per sqft for 1,418 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 125,000 a year on the contract renewed on 28 October 2025. The previous contract, from October 2024, was AED 125,000; the unit has been rented since September 2015.

How big is unit 1506?

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 1506 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 1506, Sadaf 7

Starts from the last sale price (AED 599K, 5 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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