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1-bed · 1,205 sqftSadaf 7, Jumeirah Beach Residence · 35th floor · completed 2007

3506, Sadaf 7

Sold prices and rental history: sold 3 times, last in April 2017, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 27 April 2017
Last soldAED 893K27 April 2017
Current rentAED 125K /yr1 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3506, Sadaf 7

What is 3506 worth today?

Last sold for AED 892,500 in 2017

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27 Apr 2017SoldReady
AED 892,500AED 740 per sqft
1 Sep 2015RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
15 Mar 2015SoldReady
AED 2,300,000AED 1,907 per sqft
25 Nov 2007Sold by developerReady
AED 449,000AED 372 per sqft

Source: Dubai Land Department. Updated 27 April 2017.

Key facts

Type
1-bed apartment
Size
1,205 sqft
Floor
35th of 46
Parking
B552
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,500 /yr
Last sold
AED 893K · April 2017
Building
Sadaf 7

About 3506, Sadaf 7

3506 is a one-bedroom apartment of 1,205 sqft on the 35th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 April 2017 for AED 892,500, or AED 740 per sqft, 40% below the AED 1,227 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2015. The current contract, signed on 1 September 2015, is AED 125,000 a year: a gross yield of 14.0% on the 2017 price, before the service charge of about AED 17,500 a year.

Sales and rents for 3506 over time

Sales
Unit 3506, 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 2007: AED 449,000 (AED 372 per sqft)Sold, March 2015: AED 2,300,000 (AED 1,907 per sqft)Sold, April 2017: AED 892,500 (AED 740 per sqft)

3506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3506, 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, September 2015: AED 125,000 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 3506 sits

All 110 1-beds →

3506 last sold in April 2017 at AED 740 per sqft, 40% below what one-beds in Sadaf 7 were fetching at the time (AED 1,227). 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. 3506's AED 125,000 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
35011-bedAED 540K · Sep 2008
35021-bedAED 1.76M · Nov 2015
35031-bedAED 695K · Nov 2008
35041-bedAED 1.76M · Nov 2011
35051-bedAED 449K · Nov 2007
35074-bedAED 1.55M · Mar 2008

3506, Sadaf 7 in numbers

  • Sold 3 times: first on 25 November 2007 for AED 449,000, last on 27 April 2017 for AED 892,500 (AED 740 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 14.0%, 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 27 April 2017.

Questions about 3506, Sadaf 7

What did unit 3506 last sell for?

AED 892,500 on 27 April 2017: AED 740 per sqft for 1,205 sqft. The unit has 3 registered sales; the first was AED 449,000 in November 2007.

What is the rent for unit 3506?

AED 125,000 a year on the contract signed on 1 September 2015.

How big is unit 3506?

1,205 sqft (111.9 sqm): a one-bedroom apartment on the 35th floor of a 46-storey tower completed in 2007.

What is unit 3506 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 3506, Sadaf 7

Starts from the last sale price (AED 893K, 27 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 892,500
Deposit, UAE resident (20%)
AED 178,500
Deposit, non-resident (40%)
AED 357,000
Monthly over 25 years at 3.7%
AED 3,651

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