1-bed · 1,466 sqftSadaf 7, Jumeirah Beach Residence · 25th floor · completed 2007

2504, Sadaf 7

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 449K24 February 2008
Current rentAED 88K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Sadaf 7

What is 2504 worth today?

Last sold for AED 449,000 in 2008

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7 Feb 2024RentedRenewal
AED 87,500/yr12 months · AED 60 per sqft
7 Feb 2023RentedNew contract
AED 87,500/yr12 months · AED 60 per sqft
1 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft
26 Apr 2021RentedRenewal
AED 80,000/yr6 months · AED 55 per sqft
26 Apr 2020RentedRenewal
AED 85,000/yr12 months · AED 58 per sqft
26 Apr 2019RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
26 Apr 2018RentedNew contract
AED 125,000/yr12 months · AED 85 per sqft
11 Feb 2017RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
1-bed apartment
Size
1,466 sqft
Floor
25th of 46
Parking
B189
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 449K · February 2008
Building
Sadaf 7

About 2504, Sadaf 7

2504 is a one-bedroom apartment of 1,466 sqft on the 25th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 24 February 2008 for AED 449,000, or AED 306 per sqft, 17% below the AED 370 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 7 February 2024, is AED 87,500 a year: a gross yield of 19.5% on the 2008 price, before the service charge of about AED 21,300 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical one-bed in Sadaf 7
1M2M20072012201720222027Typical sale price by year: 2007 AED 449,000; 2008 AED 449,000; 2009 AED 850,000; 2010 AED 1,494,150; 2011 AED 1,050,000; 2012 AED 1,210,000; 2013 AED 1,585,000; 2014 AED 1,800,000; 2015 AED 1,640,000; 2016 AED 1,530,000; 2017 AED 1,785,000; 2018 AED 1,350,000; 2021 AED 1,200,000; 2022 AED 1,400,000; 2023 AED 1,600,000; 2024 AED 1,867,500; 2025 AED 1,825,000; 2026 AED 1,800,000Sold by developer, February 2008: AED 449,000 (AED 306 per sqft)

2504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2504, each contractTypical one-bed in Sadaf 7
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 74,000; 2021 AED 68,000; 2022 AED 78,000; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 99,500New contract, March 2013: AED 102,000 a yearNew contract, September 2014: AED 115,000 a yearRenewal, September 2015: AED 115,000 a yearNew contract, February 2017: AED 110,000 a yearNew contract, April 2018: AED 125,000 a yearRenewal, April 2019: AED 110,000 a yearRenewal, April 2020: AED 85,000 a yearRenewal, April 2021: AED 80,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, February 2023: AED 87,500 a yearRenewal, February 2024: AED 87,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Sadaf 7, and where 2504 sits

All 110 1-beds →

2504 last sold in February 2008 at AED 306 per sqft, 17% below what one-beds in Sadaf 7 were fetching at the time (AED 370). Over the last 12 months one-beds sold for AED 1,720,000 to 2,550,000, around AED 1,485 per sqft, and rent for AED 66,769 to 235,000 a year. 2504's AED 87,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 20261,800,000
6 Oct 20261,745,000
24 Feb 20262,025,000
16 Feb 20261,750,000
7 1-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 25th floor

All 274 units in Sadaf 7
Value
25011-bedAED 1.3M · Sep 2011
25021-bedAED 1.2M · May 2021
25031-bedAED 1.38M · Apr 2017
25051-bedAED 449K · Mar 2008
25061-bedAED 449K · Mar 2008
25074-bedAED 1.55M · Mar 2008

2504, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 24 February 2008 for AED 449,000, or AED 306 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 102,000 to AED 75,000 in 2022 and recovered to AED 87,500 by February 2024.
  • At AED 87,500 a year the gross yield on the 2008 price is 19.5%, before a service charge of about AED 21,300 a year (AED 14.53 per sqft).
  • One-beds in Sadaf 7 sold for AED 1,720,000–2,550,000 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 7 February 2024.

Questions about 2504, Sadaf 7

What did unit 2504 last sell for?

AED 449,000 on 24 February 2008, sold by the developer: AED 306 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 87,500 a year on the contract renewed on 7 February 2024. The previous contract, from February 2023, was AED 87,500; the unit has been rented since March 2013.

How big is unit 2504?

1,466 sqft (136.2 sqm): a one-bedroom apartment on the 25th floor of a 46-storey tower completed in 2007.

What is unit 2504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sadaf 7 sold for AED 1,720,000 to 2,550,000 in the last 12 months, around AED 1,485 per sqft.

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Mortgage on 2504, Sadaf 7

Starts from the last sale price (AED 449K, 24 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

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