2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 16th floor · completed 2007

1603, Sadaf 7

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 2.1M3 June 2014
Current rentAED 135K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Sadaf 7

What is 1603 worth today?

Last sold for AED 2,100,000 in 2014

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4 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 95 per sqft
14 Mar 2023RentedNew contract
AED 180,000/yr12 months · AED 127 per sqft
5 Nov 2021RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
5 Sep 2020RentedRenewal
AED 76,286/yr14 months · AED 54 per sqft
5 Sep 2019RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
3 Jun 2014SoldReady
AED 2,100,000AED 1,480 per sqft
31 May 2009Sold by developerReady
AED 1,116,900AED 787 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
16th of 46
Parking
M128
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 2.1M · June 2014
Building
Sadaf 7

About 1603, Sadaf 7

1603 is a two-bedroom apartment of 1,418 sqft on the 16th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 June 2014 for AED 2,100,000, or AED 1,480 per sqft, 12% above the AED 1,316 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 4 September 2024, is AED 135,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, May 2009: AED 1,116,900 (AED 787 per sqft)Sold, June 2014: AED 2,100,000 (AED 1,480 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, September 2019: AED 95,000 a yearRenewal, September 2020: AED 76,286 a yearRenewal, November 2021: AED 95,000 a yearNew contract, March 2023: AED 180,000 a yearNew contract, September 2024: AED 135,000 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 1603 sits

All 143 2-beds →

1603 last sold in June 2014 at AED 1,480 per sqft, 12% above what two-beds in Sadaf 7 were fetching at the time (AED 1,316). 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. 1603's AED 135,000 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 16th floor

All 274 units in Sadaf 7
Value
16012-bedAED 1.7M · Apr 2026
16022-bedAED 1.65M · Nov 2007
16042-bedAED 2.2M · Sep 2026
16052-bedAED 599K · Dec 2008
16062-bedAED 2M · Sep 2026
16074-bedAED 4.7M · Dec 2007

1603, Sadaf 7 in numbers

  • Sold twice: first on 31 May 2009 for AED 1,116,900, last on 3 June 2014 for AED 2,100,000 (AED 1,480 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 76,286 in 2020 and recovered to AED 135,000 by September 2024.
  • At AED 135,000 a year the gross yield on the 2014 price is 6.4%, 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 4 September 2024.

Questions about 1603, Sadaf 7

What did unit 1603 last sell for?

AED 2,100,000 on 3 June 2014: AED 1,480 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,116,900 in May 2009.

What is the rent for unit 1603?

AED 135,000 a year on the contract signed on 4 September 2024. The previous contract, from March 2023, was AED 180,000; the unit has been rented since September 2019.

How big is unit 1603?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 16th floor of a 46-storey tower completed in 2007.

What is unit 1603 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 1603, Sadaf 7

Starts from the last sale price (AED 2.1M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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