1-bed · 1,430 sqftSadaf 7, Jumeirah Beach Residence · 40th floor · completed 2007

4005, Sadaf 7

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 28 June 2020
Last soldAED 550K28 June 2020
Current rentAED 85K /yr30 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Sadaf 7

What is 4005 worth today?

Last sold for AED 550,000 in 2020

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28 Jun 2020SoldReady
AED 550,000AED 384 per sqft
30 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 59 per sqft
13 May 2017RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
13 May 2014RentedRenewal · flagged as an outlier
AED 30,000/yr36 months · AED 21 per sqft
13 May 2013RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
31 Dec 2008Sold by developerReady
AED 449,000AED 313 per sqft

Source: Dubai Land Department. Updated 28 June 2020.

Key facts

Type
1-bed apartment
Size
1,430 sqft
Floor
40th of 46
Parking
G298
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 550K · June 2020
Building
Sadaf 7

About 4005, Sadaf 7

4005 is a one-bedroom apartment of 1,430 sqft on the 40th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 28 June 2020 for AED 550,000, or AED 384 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 30 March 2019, is AED 85,000 a year: a gross yield of 15.4% on the 2020 price, before the service charge of about AED 20,800 a year.

Sales and rents for 4005 over time

Sales
Unit 4005, 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, December 2008: AED 449,000 (AED 313 per sqft)Sold, June 2020: AED 550,000 (AED 384 per sqft)

4005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4005, 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, May 2013: AED 80,000 a yearRenewal, May 2017: AED 90,000 a yearNew contract, March 2019: AED 85,000 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 4005 sits

All 110 1-beds →

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. 4005's AED 85,000 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 40th floor

All 274 units in Sadaf 7
Value
40011-bedAED 1.51M · Nov 2016
40021-bedAED 1.7M · Jul 2024
40031-bedAED 1.69M · Jun 2008
40041-bedAED 1.76M · Nov 2011
40061-bedAED 1.9M · Mar 2023

4005, Sadaf 7 in numbers

  • Sold twice: first on 31 December 2008 for AED 449,000, last on 28 June 2020 for AED 550,000 (AED 384 per sqft).
  • Rented since May 2013 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 30,000 in 2014 and recovered to AED 85,000 by March 2019.
  • At AED 85,000 a year the gross yield on the 2020 price is 15.4%, before a service charge of about AED 20,800 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 28 June 2020.

Questions about 4005, Sadaf 7

What did unit 4005 last sell for?

AED 550,000 on 28 June 2020: AED 384 per sqft for 1,430 sqft. The unit has 2 registered sales; the first was AED 449,000 in December 2008.

What is the rent for unit 4005?

AED 85,000 a year on the contract signed on 30 March 2019. The previous contract, from May 2017, was AED 90,000; the unit has been rented since May 2013.

How big is unit 4005?

1,430 sqft (132.9 sqm): a one-bedroom apartment on the 40th floor of a 46-storey tower completed in 2007.

What is unit 4005 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 4005, Sadaf 7

Starts from the last sale price (AED 550K, 28 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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