2-bed · 1,293 sqftSadaf 7, Jumeirah Beach Residence · 23rd floor · completed 2007

2301, Sadaf 7

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 300K4 October 2007
Current rentAED 123K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Sadaf 7

What is 2301 worth today?

Last sold for AED 299,500 in 2007

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15 Oct 2024RentedRenewal
AED 122,500/yr12 months · AED 95 per sqft
15 Oct 2023RentedRenewal
AED 113,750/yr12 months · AED 88 per sqft
15 Oct 2022RentedNew contract
AED 112,500/yr12 months · AED 87 per sqft
1 Apr 2022RentedRenewal
AED 78,000/yr5 months · AED 60 per sqft
1 Apr 2021RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
1 Feb 2020RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
1 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
1 Aug 2018RentedRenewal
AED 120,000/yr6 months · AED 93 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
23rd of 46
Parking
M302
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 300K · October 2007
Building
Sadaf 7

About 2301, Sadaf 7

2301 is a two-bedroom apartment of 1,293 sqft on the 23rd floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 October 2007 for AED 299,500, or AED 231 per sqft, 50% below the AED 463 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 122,500 a year: a gross yield of 40.9% on the 2007 price, before the service charge of about AED 18,800 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical two-bed in Sadaf 7
01M2M20072012201720222027Typical 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, October 2007: AED 299,500 (AED 231 per sqft)

2301 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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 2013: AED 125,000 a yearNew contract, June 2015: AED 180,000 a yearNew contract, August 2016: AED 120,000 a yearRenewal, February 2017: AED 120,000 a yearRenewal, August 2017: AED 120,000 a yearRenewal, February 2018: AED 120,000 a yearRenewal, August 2018: AED 120,000 a yearRenewal, February 2019: AED 95,000 a yearRenewal, February 2020: AED 95,000 a yearNew contract, April 2021: AED 70,000 a yearRenewal, April 2022: AED 78,000 a yearNew contract, October 2022: AED 112,500 a yearRenewal, October 2023: AED 113,750 a yearRenewal, October 2024: AED 122,500 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 2301 sits

All 143 2-beds →

2301 last sold in October 2007 at AED 231 per sqft, 50% below what two-beds in Sadaf 7 were fetching at the time (AED 463). 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. 2301's AED 122,500 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 23rd floor

All 274 units in Sadaf 7
Value
23022-bedAED 1.53M · Feb 2008
23032-bedAED 2.23M · Mar 2026
23042-bedAED 851K · Apr 2008
23052-bedAED 1.4M · May 2013
23062-bedAED 599K · Dec 2007

2301, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 4 October 2007 for AED 299,500, or AED 231 per sqft.
  • Rented since August 2013 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2021 and recovered to AED 122,500 by October 2024.
  • At AED 122,500 a year the gross yield on the 2007 price is 40.9%, 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 15 October 2024.

Questions about 2301, Sadaf 7

What did unit 2301 last sell for?

AED 299,500 on 4 October 2007, sold by the developer: AED 231 per sqft for 1,293 sqft. It is the only registered sale of the unit.

What is the rent for unit 2301?

AED 122,500 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 113,750; the unit has been rented since August 2013.

How big is unit 2301?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 23rd floor of a 46-storey tower completed in 2007.

What is unit 2301 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 2301, Sadaf 7

Starts from the last sale price (AED 300K, 4 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 299,500
Deposit, UAE resident (20%)
AED 59,900
Deposit, non-resident (40%)
AED 119,800
Monthly over 25 years at 3.7%
AED 1,225

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