2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 5th floor · completed 2007

503, Sadaf 7

Sold prices and rental history: sold 3 times, last in May 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.36M13 May 2012
Current rentAED 126K /yr6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Sadaf 7

What is 503 worth today?

Last sold for AED 1,360,000 in 2012

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6 Nov 2024RentedRenewal
AED 126,248/yr6 months · AED 89 per sqft
6 Nov 2023RentedNew contract
AED 128,000/yr12 months · AED 90 per sqft
24 Sep 2022RentedNew contract
AED 102,500/yr12 months · AED 72 per sqft
13 May 2012SoldReady
AED 1,360,000AED 958 per sqft
8 Mar 2012SoldReady
AED 1,200,000AED 845 per sqft
25 Apr 2011Sold by developerReady
AED 820,000AED 578 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
5th of 46
Parking
B159
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 1.36M · May 2012
Building
Sadaf 7

About 503, Sadaf 7

503 is a two-bedroom apartment of 1,418 sqft on the 5th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 May 2012 for AED 1,360,000, or AED 958 per sqft, 12% above the AED 859 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 6 November 2024, is AED 126,248 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 20,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, April 2011: AED 820,000 (AED 578 per sqft)Sold, March 2012: AED 1,200,000 (AED 845 per sqft)Sold, May 2012: AED 1,360,000 (AED 958 per sqft)

503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, each contractTypical two-bed in Sadaf 7
75K100K125K2012201620202024Typical 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, September 2022: AED 102,500 a yearNew contract, November 2023: AED 128,000 a yearRenewal, November 2024: AED 126,248 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 503 sits

All 143 2-beds →

503 last sold in May 2012 at AED 958 per sqft, 12% above what two-beds in Sadaf 7 were fetching at the time (AED 859). 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. 503's AED 126,248 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 5th floor

All 274 units in Sadaf 7
Value
5012-bedAED 2M · Jun 2014
5022-bedAED 2M · Sep 2026
5042-bedAED 2.28M · Feb 2025
5052-bedAED 599K · Dec 2007
5062-bedAED 2.1M · Oct 2023
5074-bedAED 1.55M · Mar 2008

503, Sadaf 7 in numbers

  • Sold 3 times: first on 25 April 2011 for AED 820,000, last on 13 May 2012 for AED 1,360,000 (AED 958 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 102,500 to AED 126,248 a year.
  • At AED 126,248 a year the gross yield on the 2012 price is 9.3%, 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 6 November 2024.

Questions about 503, Sadaf 7

What did unit 503 last sell for?

AED 1,360,000 on 13 May 2012: AED 958 per sqft for 1,418 sqft. The unit has 3 registered sales; the first was AED 820,000 in April 2011.

What is the rent for unit 503?

AED 126,248 a year on the contract renewed on 6 November 2024. The previous contract, from November 2023, was AED 128,000; the unit has been rented since September 2022.

How big is unit 503?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 5th floor of a 46-storey tower completed in 2007.

What is unit 503 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 503, Sadaf 7

Starts from the last sale price (AED 1.36M, 13 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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