402, Sadaf 7
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Sadaf 7
What is 402 worth today?
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Source: Dubai Land Department. Updated 28 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,291 sqft
- Floor
- 4th of 46
- Parking
- B166
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,800 /yr
- Last sold
- AED 599K · July 2008
- Building
- Sadaf 7
About 402, Sadaf 7
402 is a two-bedroom apartment of 1,291 sqft on the 4th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 27 July 2008 for AED 599,000, or AED 463 per sqft, 12% below the AED 528 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 28 September 2024, is AED 125,000 a year: a gross yield of 20.9% on the 2008 price, before the service charge of about AED 18,800 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the two-bed median of each year in the building.
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 402 sits
All 143 2-beds →402 last sold in July 2008 at AED 463 per sqft, 12% below what two-beds in Sadaf 7 were fetching at the time (AED 528). 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. 402's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 1,291 sqft | 2,000,000 | 1,548 | ||
| 4 Sep 20264 September 2026 | 1,418 sqft | 2,000,000 | 1,409 | ||
| 4 Sep 20264 September 2026 | 1,432 sqft | 2,200,000 | 1,535 | ||
| 25 Aug 202625 August 2026 | 1,291 sqft | 1,700,000 | 1,316 |
Sadaf 7
Building274 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%
Other units on the 4th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,291 sqft | AED 780KAED 780,000 · Jan 2009January 2009 | 100,000 /yr | |
| 403 | 2-bed | 1,418 sqft | AED 1.44MAED 1,435,000 · Oct 2021October 2021 | 118,000 /yr | |
| 404 | 2-bed | 1,432 sqft | AED 1.25MAED 1,250,000 · Sep 2011September 2011 | 115,000 /yr | |
| 405 | 2-bed | 1,404 sqft | AED 1.35MAED 1,350,000 · Oct 2022October 2022 | 150,000 /yr | |
| 406 | 2-bed | 1,418 sqft | AED 599KAED 599,000 · Jul 2017July 2017 | 79,558 /yr |
402, Sadaf 7 in numbers
- Sold once: by Dubai Properties on 27 July 2008 for AED 599,000, or AED 463 per sqft.
- Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2021 and recovered to AED 125,000 by September 2024.
- At AED 125,000 a year the gross yield on the 2008 price is 20.9%, before a service charge of about AED 18,800 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 28 September 2024.
Questions about 402, Sadaf 7
What did unit 402 last sell for?
AED 599,000 on 27 July 2008, sold by the developer: AED 463 per sqft for 1,291 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 125,000 a year on the contract renewed on 28 September 2024. The previous contract, from September 2023, was AED 125,000; the unit has been rented since July 2013.
How big is unit 402?
1,291 sqft (119.9 sqm): a two-bedroom apartment on the 4th floor of a 46-storey tower completed in 2007.
What is unit 402 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 402, Sadaf 7
Starts from the last sale price (AED 599K, 27 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →