406, Sadaf 7
Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Sadaf 7
What is 406 worth today?
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Source: Dubai Land Department. Updated 30 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,418 sqft
- Floor
- 4th of 46
- Parking
- B488
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,600 /yr
- Last sold
- AED 599K · July 2017
- Building
- Sadaf 7
About 406, Sadaf 7
406 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. The developer sold it on 19 July 2017 for AED 599,000, or AED 422 per sqft, 67% below the AED 1,283 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 30 September 2019, is AED 79,558 a year: a gross yield of 13.3% on the 2017 price, before the service charge of about AED 20,600 a year.
Sales and rents for 406 over time
406 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 406 sits
All 143 2-beds →406 last sold in July 2017 at AED 422 per sqft, 67% below what two-beds in Sadaf 7 were fetching at the time (AED 1,283). 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. 406's AED 79,558 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 | |
| 402 | 2-bed | 1,291 sqft | AED 599KAED 599,000 · Jul 2008July 2008 | 125,000 /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, Sadaf 7 in numbers
- Sold once: by Dubai Properties on 19 July 2017 for AED 599,000, or AED 422 per sqft.
- Rented since September 2017 on 3 Ejari contracts, from AED 105,000 to AED 79,558 a year.
- At AED 79,558 a year the gross yield on the 2017 price is 13.3%, 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 30 September 2019.
Questions about 406, Sadaf 7
What did unit 406 last sell for?
AED 599,000 on 19 July 2017, sold by the developer: AED 422 per sqft for 1,418 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 79,558 a year on the contract signed on 30 September 2019. The previous contract, from October 2018, was AED 95,000; the unit has been rented since September 2017.
How big is unit 406?
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 406 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 406, Sadaf 7
Starts from the last sale price (AED 599K, 19 July 2017). 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 →