1-bed · 1,466 sqftSadaf 7, Jumeirah Beach Residence · 35th floor · completed 2007

3504, Sadaf 7

Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 1.76M24 November 2011
Current rentAED 86K /yr8 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Sadaf 7

What is 3504 worth today?

Last sold for AED 1,760,000 in 2011

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8 Aug 2024RentedRenewal
AED 86,020/yr12 months · AED 59 per sqft
8 Aug 2023RentedRenewal
AED 74,800/yr12 months · AED 51 per sqft
8 Aug 2022RentedRenewal
AED 68,000/yr12 months · AED 46 per sqft
8 Jul 2021RentedNew contract
AED 62,769/yr13 months · AED 43 per sqft
12 Sep 2019RentedRenewal
AED 98,000/yr2 months · AED 67 per sqft
12 Aug 2018RentedNew contract
AED 90,462/yr13 months · AED 62 per sqft
23 Jul 2016RentedNew contract
AED 96,923/yr13 months · AED 66 per sqft
1 Sep 2014RentedRenewal
AED 85,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
1-bed apartment
Size
1,466 sqft
Floor
35th of 46
Parking
B554
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 1.76M · November 2011
Building
Sadaf 7

About 3504, Sadaf 7

3504 is a one-bedroom apartment of 1,466 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 24 November 2011 for AED 1,760,000, or AED 1,200 per sqft, 38% above the AED 867 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 8 August 2024, is AED 86,020 a year: a gross yield of 4.9% on the 2011 price, before the service charge of about AED 21,300 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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, November 2011: AED 1,760,000 (AED 1,200 per sqft)

3504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3504, 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, December 2013: AED 106,667 a yearRenewal, September 2014: AED 85,000 a yearNew contract, July 2016: AED 96,923 a yearNew contract, August 2018: AED 90,462 a yearRenewal, September 2019: AED 98,000 a yearNew contract, July 2021: AED 62,769 a yearRenewal, August 2022: AED 68,000 a yearRenewal, August 2023: AED 74,800 a yearRenewal, August 2024: AED 86,020 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 3504 sits

All 110 1-beds →

3504 last sold in November 2011 at AED 1,200 per sqft, 38% above what one-beds in Sadaf 7 were fetching at the time (AED 867). 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. 3504's AED 86,020 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
35011-bedAED 540K · Sep 2008
35021-bedAED 1.76M · Nov 2015
35031-bedAED 695K · Nov 2008
35051-bedAED 449K · Nov 2007
35061-bedAED 893K · Apr 2017
35074-bedAED 1.55M · Mar 2008

3504, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 24 November 2011 for AED 1,760,000, or AED 1,200 per sqft.
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 106,667 to AED 62,769 in 2021 and recovered to AED 86,020 by August 2024.
  • At AED 86,020 a year the gross yield on the 2011 price is 4.9%, 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 8 August 2024.

Questions about 3504, Sadaf 7

What did unit 3504 last sell for?

AED 1,760,000 on 24 November 2011, sold by the developer: AED 1,200 per sqft for 1,466 sqft. It is the only registered sale of the unit.

What is the rent for unit 3504?

AED 86,020 a year on the contract renewed on 8 August 2024. The previous contract, from August 2023, was AED 74,800; the unit has been rented since December 2013.

How big is unit 3504?

1,466 sqft (136.2 sqm): a one-bedroom apartment on the 35th floor of a 46-storey tower completed in 2007.

What is unit 3504 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 3504, Sadaf 7

Starts from the last sale price (AED 1.76M, 24 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,760,000
Deposit, UAE resident (20%)
AED 352,000
Deposit, non-resident (40%)
AED 704,000
Monthly over 25 years at 3.7%
AED 7,201

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