2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 3rd floor · completed 2007

303, Sadaf 7

Sold prices and rental history: sold twice, last in November 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 1.5M13 November 2007
Current rentAED 85K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Sadaf 7

What is 303 worth today?

Last sold for AED 1,500,000 in 2007

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2 Feb 2022RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
2 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
20 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
20 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
20 Dec 2017RentedRenewal
AED 120,000/yr12 months · AED 84 per sqft
20 Dec 2016RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
15 Jul 2014RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
13 Nov 2007SoldReady
AED 1,500,000AED 1,057 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
3rd of 46
Parking
B182
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 1.5M · November 2007
Building
Sadaf 7

About 303, Sadaf 7

303 is a two-bedroom apartment of 1,418 sqft on the 3rd floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 November 2007 for AED 1,500,000, or AED 1,057 per sqft, 102% above the AED 523 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 2 February 2022, is AED 85,000 a year: a gross yield of 5.7% on the 2007 price, before the service charge of about AED 20,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, October 2007: AED 500,000 (AED 352 per sqft)Sold, November 2007: AED 1,500,000 (AED 1,057 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Sadaf 7
100K2012201620202024Typical 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, July 2014: AED 125,000 a yearNew contract, December 2016: AED 130,000 a yearRenewal, December 2017: AED 120,000 a yearRenewal, December 2018: AED 120,000 a yearRenewal, December 2019: AED 90,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, February 2022: AED 85,000 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 303 sits

All 143 2-beds →

303 last sold in November 2007 at AED 1,057 per sqft, 102% above what two-beds in Sadaf 7 were fetching at the time (AED 523). 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. 303's AED 85,000 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 3rd floor

All 274 units in Sadaf 7
Value
3012-bedAED 1.84M · Feb 2013
3022-bedAED 599K · Sep 2007
3042-bedAED 1.95M · Jun 2026
3052-bedAED 2.3M · Dec 2013
3062-bedAED 2M · Jun 2024
3074-bedAED 1.55M · Mar 2008

303, Sadaf 7 in numbers

  • Sold twice: first on 1 October 2007 for AED 500,000, last on 13 November 2007 for AED 1,500,000 (AED 1,057 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2021 and recovered to AED 85,000 by February 2022.
  • At AED 85,000 a year the gross yield on the 2007 price is 5.7%, 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 2 February 2022.

Questions about 303, Sadaf 7

What did unit 303 last sell for?

AED 1,500,000 on 13 November 2007: AED 1,057 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 500,000 in October 2007.

What is the rent for unit 303?

AED 85,000 a year on the contract renewed on 2 February 2022. The previous contract, from February 2021, was AED 65,000; the unit has been rented since July 2014.

How big is unit 303?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 3rd floor of a 46-storey tower completed in 2007.

What is unit 303 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 303, Sadaf 7

Starts from the last sale price (AED 1.5M, 13 November 2007). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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