2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 4th floor · completed 2007

403, Sadaf 7

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2010. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.44M18 October 2021
Current rentAED 118K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Sadaf 7

What is 403 worth today?

Last sold for AED 1,435,000 in 2021

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31 May 2024RentedNew contract
AED 118,000/yr12 months · AED 83 per sqft
2 Nov 2023RentedRenewal
AED 101,640/yr12 months · AED 72 per sqft
2 Nov 2022RentedRenewal
AED 96,800/yr12 months · AED 68 per sqft
2 Nov 2021RentedNew contract
AED 88,000/yr12 months · AED 62 per sqft
18 Oct 2021SoldReady
AED 1,435,000AED 1,011 per sqft
2 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
2 Nov 2019RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
2 Nov 2018RentedRenewal
AED 112,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
4th of 46
Parking
B165
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 1.44M · October 2021
Building
Sadaf 7

About 403, Sadaf 7

403 is a two-bedroom apartment of 1,418 sqft on the 4th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 18 October 2021 for AED 1,435,000, or AED 1,011 per sqft, 10% above the AED 918 two-beds in the building were fetching at the time.

It has been rented continuously since 2010 on 15 Ejari contracts. The current contract, signed on 31 May 2024, is AED 118,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 20,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Sadaf 7
1M2M20072012201720222027Typical sale price by year: 2007 AED 599,000; 2008 AED 742,500; 2009 AED 1,250,000; 2010 AED 1,250,000; 2011 AED 860,000; 2012 AED 1,340,000; 2013 AED 1,502,500; 2014 AED 2,100,000; 2015 AED 1,975,000; 2016 AED 1,720,000; 2017 AED 1,660,000; 2018 AED 1,437,500; 2019 AED 1,125,000; 2020 AED 900,000; 2021 AED 1,388,429; 2022 AED 1,500,000; 2023 AED 1,750,000; 2024 AED 2,001,000; 2025 AED 2,000,000; 2026 AED 2,000,000Sold by developer, December 2008: AED 1,051,200 (AED 741 per sqft)Sold, October 2021: AED 1,435,000 (AED 1,011 per sqft)

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

Rents
Unit 403, each contractTypical two-bed in Sadaf 7
75K100K125K2010201520202025Typical rent by year: 2012 AED 95,000; 2013 AED 112,500; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,260; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 92,500; 2020 AED 75,000; 2021 AED 75,375; 2022 AED 90,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 127,335; 2026 AED 117,000New contract, August 2010: AED 100,000 a yearRenewal, August 2011: AED 90,000 a yearRenewal, August 2012: AED 90,000 a yearRenewal, August 2013: AED 94,500 a yearRenewal, August 2014: AED 108,675 a yearRenewal, August 2015: AED 119,543 a yearNew contract, November 2016: AED 120,000 a yearRenewal, November 2017: AED 120,000 a yearRenewal, November 2018: AED 112,000 a yearRenewal, November 2019: AED 95,000 a yearRenewal, November 2020: AED 80,000 a yearNew contract, November 2021: AED 88,000 a yearRenewal, November 2022: AED 96,800 a yearRenewal, November 2023: AED 101,640 a yearNew contract, May 2024: AED 118,000 a year

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 403 sits

All 143 2-beds →

403 last sold in October 2021 at AED 1,011 per sqft, 10% above what two-beds in Sadaf 7 were fetching at the time (AED 918). 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. 403's AED 118,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20262,000,000
4 Sep 20262,000,000
4 Sep 20262,200,000
25 Aug 20261,700,000
17 2-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 4th floor

All 274 units in Sadaf 7
Value
4012-bedAED 780K · Jan 2009
4022-bedAED 599K · Jul 2008
4042-bedAED 1.25M · Sep 2011
4052-bedAED 1.35M · Oct 2022
4062-bedAED 599K · Jul 2017

403, Sadaf 7 in numbers

  • Sold twice: first on 30 December 2008 for AED 1,051,200, last on 18 October 2021 for AED 1,435,000 (AED 1,011 per sqft).
  • Rented since August 2010 on 15 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2020 and recovered to AED 118,000 by May 2024.
  • At AED 118,000 a year the gross yield on the 2021 price is 8.2%, before a service charge of about AED 20,600 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 31 May 2024.

Questions about 403, Sadaf 7

What did unit 403 last sell for?

AED 1,435,000 on 18 October 2021: AED 1,011 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,051,200 in December 2008.

What is the rent for unit 403?

AED 118,000 a year on the contract signed on 31 May 2024. The previous contract, from November 2023, was AED 101,640; the unit has been rented since August 2010.

How big is unit 403?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 4th floor of a 46-storey tower completed in 2007.

What is unit 403 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 403, Sadaf 7

Starts from the last sale price (AED 1.44M, 18 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

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