1-bed · 1,212 sqftSadaf 7, Jumeirah Beach Residence · 35th floor · completed 2007

3501, Sadaf 7

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

Unit 3501 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 540K4 September 2008
Current rentAED 108K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Sadaf 7

What is 3501 worth today?

Last sold for AED 540,000 in 2008

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2 Sep 2024RentedNew contract
AED 108,000/yr6 months · AED 89 per sqft
3 Sep 2023RentedNew contract
AED 82,500/yr12 months · AED 68 per sqft
3 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
8 Nov 2019RentedRenewal
AED 85,000/yr11 months · AED 70 per sqft
8 Nov 2018RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft
21 Jul 2017RentedRenewal
AED 105,000/yr6 months · AED 86 per sqft
21 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
17 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
1,212 sqft
Floor
35th of 46
Parking
B557
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,600 /yr
Last sold
AED 540K · September 2008
Building
Sadaf 7

About 3501, Sadaf 7

3501 is a one-bedroom apartment of 1,212 sqft on the 35th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 September 2008 for AED 540,000, or AED 445 per sqft, 20% above the AED 370 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 2 September 2024, is AED 108,000 a year: a gross yield of 20.0% on the 2008 price, before the service charge of about AED 17,600 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, 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, September 2008: AED 540,000 (AED 445 per sqft)

3501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3501, each contractTypical one-bed in Sadaf 7
75K100K125K2012201620202024Typical 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, November 2013: AED 100,000 a yearNew contract, July 2016: AED 105,000 a yearRenewal, July 2017: AED 105,000 a yearNew contract, November 2018: AED 85,000 a yearRenewal, November 2019: AED 85,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, September 2023: AED 82,500 a yearNew contract, September 2024: AED 108,000 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 3501 sits

All 110 1-beds →

3501 last sold in September 2008 at AED 445 per sqft, 20% above 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. 3501's AED 108,000 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 35th floor

All 274 units in Sadaf 7
Value
35021-bedAED 1.76M · Nov 2015
35031-bedAED 695K · Nov 2008
35041-bedAED 1.76M · Nov 2011
35051-bedAED 449K · Nov 2007
35061-bedAED 893K · Apr 2017
35074-bedAED 1.55M · Mar 2008

3501, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 4 September 2008 for AED 540,000, or AED 445 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 82,500 in 2023 and recovered to AED 108,000 by September 2024.
  • At AED 108,000 a year the gross yield on the 2008 price is 20.0%, before a service charge of about AED 17,600 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 2 September 2024.

Questions about 3501, Sadaf 7

What did unit 3501 last sell for?

AED 540,000 on 4 September 2008, sold by the developer: AED 445 per sqft for 1,212 sqft. It is the only registered sale of the unit.

What is the rent for unit 3501?

AED 108,000 a year on the contract signed on 2 September 2024. The previous contract, from September 2023, was AED 82,500; the unit has been rented since November 2013.

How big is unit 3501?

1,212 sqft (112.6 sqm): a one-bedroom apartment on the 35th floor of a 46-storey tower completed in 2007.

What is unit 3501 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 3501, Sadaf 7

Starts from the last sale price (AED 540K, 4 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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