1-bed · 1,206 sqftSadaf 7, Jumeirah Beach Residence · 28th floor · completed 2007

2803, Sadaf 7

Sold prices and rental history: sold 3 times, last in January 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 1.4M5 January 2022
Current rentAED 110K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Sadaf 7

What is 2803 worth today?

Last sold for AED 1,400,000 in 2022

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7 Feb 2024RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
1 Nov 2022RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
5 Jan 2022SoldReady
AED 1,400,000AED 1,161 per sqft
1 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 54 per sqft
13 Apr 2019RentedRenewal
AED 98,000/yr12 months · AED 81 per sqft
13 Apr 2018RentedNew contract
AED 110,000/yr12 months · AED 91 per sqft
13 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft
13 Apr 2016RentedNew contract
AED 120,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
1-bed apartment
Size
1,206 sqft
Floor
28th of 46
Parking
B577
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,500 /yr
Last sold
AED 1.4M · January 2022
Building
Sadaf 7

About 2803, Sadaf 7

2803 is a one-bedroom apartment of 1,206 sqft on the 28th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 5 January 2022 for AED 1,400,000, or AED 1,161 per sqft, 17% above the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 7 February 2024, is AED 110,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 17,500 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, August 2012: AED 1,097,000 (AED 909 per sqft)Sold, February 2014: AED 1,850,000 (AED 1,534 per sqft)Sold, January 2022: AED 1,400,000 (AED 1,161 per sqft)

2803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2803, each contractTypical one-bed in Sadaf 7
100K150K2012201620202024Typical 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, April 2014: AED 140,000 a yearNew contract, April 2016: AED 120,000 a yearNew contract, April 2017: AED 120,000 a yearNew contract, April 2018: AED 110,000 a yearRenewal, April 2019: AED 98,000 a yearNew contract, January 2021: AED 65,000 a yearNew contract, November 2022: AED 110,000 a yearNew contract, February 2024: AED 110,000 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 2803 sits

All 110 1-beds →

2803 last sold in January 2022 at AED 1,161 per sqft, 17% above what one-beds in Sadaf 7 were fetching at the time (AED 993). 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. 2803's AED 110,000 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 28th floor

All 274 units in Sadaf 7
Value
28011-bedAED 1.7M · Feb 2025
28021-bedAED 1.63M · Dec 2015
28041-bedAED 2.01M · Sep 2012
28051-bedAED 449K · Apr 2008
28061-bedAED 1.85M · Apr 2017

2803, Sadaf 7 in numbers

  • Sold 3 times: first on 22 August 2012 for AED 1,097,000, last on 5 January 2022 for AED 1,400,000 (AED 1,161 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 65,000 in 2021 and recovered to AED 110,000 by February 2024.
  • At AED 110,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 17,500 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 2803, Sadaf 7

What did unit 2803 last sell for?

AED 1,400,000 on 5 January 2022: AED 1,161 per sqft for 1,206 sqft. The unit has 3 registered sales; the first was AED 1,097,000 in August 2012.

What is the rent for unit 2803?

AED 110,000 a year on the contract signed on 7 February 2024. The previous contract, from November 2022, was AED 110,000; the unit has been rented since April 2014.

How big is unit 2803?

1,206 sqft (112.0 sqm): a one-bedroom apartment on the 28th floor of a 46-storey tower completed in 2007.

What is unit 2803 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 2803, Sadaf 7

Starts from the last sale price (AED 1.4M, 5 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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