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

306, Sadaf 7

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2M10 June 2024
Current rentAED 150K /yr5 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Sadaf 7

What is 306 worth today?

Last sold for AED 2,000,000 in 2024

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10 Jun 2024SoldReady
AED 2,000,000AED 1,409 per sqft
5 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 106 per sqft
1 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 84 per sqft
12 Jul 2022SoldReady
AED 1,622,992AED 1,144 per sqft
1 Jul 2021RentedRenewal
AED 78,000/yr12 months · AED 55 per sqft
1 Jul 2020RentedRenewal
AED 55,000/yr12 months · AED 39 per sqft
1 May 2019RentedRenewal
AED 80,571/yr14 months · AED 57 per sqft
1 May 2018RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
3rd of 46
Parking
B155
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 2M · June 2024
Building
Sadaf 7

About 306, Sadaf 7

306 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 10 June 2024 for AED 2,000,000, or AED 1,409 per sqft, in line with the AED 1,409 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 October 2023, is AED 150,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, September 2007: AED 599,000 (AED 422 per sqft)Sold, November 2007: AED 1,825,000 (AED 1,286 per sqft)Sold, July 2022: AED 1,622,992 (AED 1,144 per sqft)Sold, June 2024: AED 2,000,000 (AED 1,409 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Sadaf 7
50K100K150K2012201620202024Typical 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, April 2013: AED 130,000 a yearRenewal, April 2014: AED 46,667 a yearRenewal, April 2017: AED 145,000 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 80,571 a yearRenewal, July 2020: AED 55,000 a yearRenewal, July 2021: AED 78,000 a yearNew contract, September 2022: AED 120,000 a yearNew contract, October 2023: AED 150,000 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 306 sits

All 143 2-beds →

306 last sold in June 2024 at AED 1,409 per sqft, in line with what two-beds in Sadaf 7 were fetching at the time (AED 1,409). 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. 306's AED 150,000 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
3032-bedAED 1.5M · Nov 2007
3042-bedAED 1.95M · Jun 2026
3052-bedAED 2.3M · Dec 2013
3074-bedAED 1.55M · Mar 2008

306, Sadaf 7 in numbers

  • Sold 4 times: first on 27 September 2007 for AED 599,000, last on 10 June 2024 for AED 2,000,000 (AED 1,409 per sqft).
  • Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 46,667 in 2014 and recovered to AED 150,000 by October 2023.
  • At AED 150,000 a year the gross yield on the 2024 price is 7.5%, 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 10 June 2024.

Questions about 306, Sadaf 7

What did unit 306 last sell for?

AED 2,000,000 on 10 June 2024: AED 1,409 per sqft for 1,418 sqft. The unit has 4 registered sales; the first was AED 599,000 in September 2007.

What is the rent for unit 306?

AED 150,000 a year on the contract signed on 5 October 2023. The previous contract, from September 2022, was AED 120,000; the unit has been rented since April 2013.

How big is unit 306?

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 306 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 306, Sadaf 7

Starts from the last sale price (AED 2M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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