4501, Sadaf 7
Sold prices and rental history: sold once, by the developer in January 2012, 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 4501, Sadaf 7
What is 4501 worth today?
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Source: Dubai Land Department. Updated 1 August 2019.
Key facts
- Type
- Penthouse apartment
- Size
- 2,189 sqft
- Floor
- 45th of 46
- Parking
- B175/175A
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 31,800 /yr
- Last sold
- AED 1.41M · January 2012
- Building
- Sadaf 7
About 4501, Sadaf 7
4501 is a penthouse of 2,189 sqft on the 45th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 January 2012 for AED 1,405,000, or AED 641 per sqft.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 140,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 31,800 a year.
Sales and rents for 4501 over time
4501 has sold once; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Sadaf 7, and where 4501 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20149 September 2014 | 6,020 sqft | 6,155,000 | 1,022 | ||
| 28 Aug 201428 August 2014 | 1,508 sqft | 4,522,500 | 2,999 | ||
| 13 Aug 201413 August 2014 | 2,315 sqft | 1,605,000 | 693 | ||
| 7 Nov 20127 November 2012 | 2,356 sqft | 1,909,000 | 810 |
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 45th floor
All 274 units in Sadaf 74501, Sadaf 7 in numbers
- Sold once: by Dubai Properties on 5 January 2012 for AED 1,405,000, or AED 641 per sqft.
- Rented since July 2013 on 7 Ejari contracts, from AED 200,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 31,800 a year (AED 14.53 per sqft).
Source: Dubai Land Department. Updated 1 August 2019.
Questions about 4501, Sadaf 7
What did unit 4501 last sell for?
AED 1,405,000 on 5 January 2012, sold by the developer: AED 641 per sqft for 2,189 sqft. It is the only registered sale of the unit.
What is the rent for unit 4501?
AED 140,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 165,000; the unit has been rented since July 2013.
How big is unit 4501?
2,189 sqft (203.4 sqm): a penthouse on the 45th floor of a 46-storey tower completed in 2007.
What is unit 4501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4501, Sadaf 7
Starts from the last sale price (AED 1.41M, 5 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,405,000
- Deposit, UAE resident (20%)
- AED 281,000
- Deposit, non-resident (40%)
- AED 562,000
- Monthly over 25 years at 3.7%
- AED 5,748
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →