2-bed · 1,291 sqftSadaf 7, Jumeirah Beach Residence · 17th floor · completed 2007

1702, Sadaf 7

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 1.28M5 September 2022
Current rentAED 55K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Sadaf 7

What is 1702 worth today?

Last sold for AED 1,275,000 in 2022

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5 Sep 2022SoldReady
AED 1,275,000AED 987 per sqft
20 Sep 2020RentedRenewal
AED 55,000/yr36 months · AED 43 per sqft
20 Sep 2017RentedNew contract
AED 70,000/yr36 months · AED 54 per sqft
25 Feb 2016RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft
23 Nov 2015SoldReady
AED 1,100,000AED 851 per sqft
13 May 2015SoldReady
AED 1,500,000AED 1,161 per sqft
1 Nov 2012RentedNew contract
AED 50,000/yr12 months · AED 39 per sqft
3 Jun 2008Sold by developerReady
AED 750,000AED 580 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
2-bed apartment
Size
1,291 sqft
Floor
17th of 46
Parking
M374
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 1.28M · September 2022
Building
Sadaf 7

About 1702, Sadaf 7

1702 is a two-bedroom apartment of 1,291 sqft on the 17th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 September 2022 for AED 1,275,000, or AED 987 per sqft, 10% below the AED 1,097 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 20 September 2020, is AED 55,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, June 2008: AED 750,000 (AED 580 per sqft)Sold, May 2015: AED 1,500,000 (AED 1,161 per sqft)Sold, November 2015: AED 1,100,000 (AED 851 per sqft)Sold, September 2022: AED 1,275,000 (AED 987 per sqft)

1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Sadaf 7
50K100K2012201620202024Typical 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, November 2012: AED 50,000 a yearNew contract, February 2016: AED 115,000 a yearNew contract, September 2017: AED 70,000 a yearRenewal, September 2020: AED 55,000 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 1702 sits

All 143 2-beds →

1702 last sold in September 2022 at AED 987 per sqft, 10% below what two-beds in Sadaf 7 were fetching at the time (AED 1,097). 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. 1702's AED 55,000 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 17th floor

All 274 units in Sadaf 7
Value
17012-bedAED 2.3M · May 2014
17032-bedAED 2.05M · Mar 2025
17042-bedAED 1.58M · Jun 2018
17052-bedAED 599K · Dec 2008
17062-bedAED 599K · May 2008

1702, Sadaf 7 in numbers

  • Sold 4 times: first on 3 June 2008 for AED 750,000, last on 5 September 2022 for AED 1,275,000 (AED 987 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 18,800 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 5 September 2022.

Questions about 1702, Sadaf 7

What did unit 1702 last sell for?

AED 1,275,000 on 5 September 2022: AED 987 per sqft for 1,291 sqft. The unit has 4 registered sales; the first was AED 750,000 in June 2008.

What is the rent for unit 1702?

AED 55,000 a year on the contract renewed on 20 September 2020. The previous contract, from September 2017, was AED 70,000; the unit has been rented since November 2012.

How big is unit 1702?

1,291 sqft (119.9 sqm): a two-bedroom apartment on the 17th floor of a 46-storey tower completed in 2007.

What is unit 1702 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 1702, Sadaf 7

Starts from the last sale price (AED 1.28M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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