703, Sadaf 7
Sold prices and rental history: sold twice, last in March 2022, 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 703, Sadaf 7
What is 703 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,418 sqft
- Floor
- 7th of 46
- Parking
- B128
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.38M · March 2022
- Building
- Sadaf 7
About 703, Sadaf 7
703 is a two-bedroom apartment of 1,418 sqft on the 7th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 3 March 2022 for AED 1,375,000, or AED 969 per sqft, 4% below the AED 1,011 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 26 August 2024, is AED 185,000 a year: a gross yield of 13.5% on the 2022 price, before the service charge of about AED 20,600 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 143 2-beds →703 last sold in March 2022 at AED 969 per sqft, 4% below what two-beds in Sadaf 7 were fetching at the time (AED 1,011). 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. 703's AED 185,000 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 7th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,291 sqft | AED 780KAED 780,000 · Aug 2013August 2013 | 90,000 /yr | |
| 702 | 2-bed | 1,291 sqft | AED 1.3MAED 1,300,000 · Jan 2009January 2009 | 125,000 /yr | |
| 704 | 2-bed | 1,432 sqft | AED 550KAED 550,000 · Apr 2012April 2012 | 120,000 /yr | |
| 705 | 2-bed | 1,404 sqft | AED 1.6MAED 1,600,000 · Oct 2010October 2010 | 50,000 /yr | |
| 706 | 2-bed | 1,418 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | ||
| 707 | 4-bed | 3,599 sqft | AED 1.55MAED 1,550,000 · Mar 2008March 2008 | 315,000 /yr |
703, Sadaf 7 in numbers
- Sold twice: first on 12 December 2013 for AED 820,000, last on 3 March 2022 for AED 1,375,000 (AED 969 per sqft).
- Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 101,077 to AED 75,000 in 2021 and recovered to AED 185,000 by August 2024.
- At AED 185,000 a year the gross yield on the 2022 price is 13.5%, 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 26 August 2024.
Questions about 703, Sadaf 7
What did unit 703 last sell for?
AED 1,375,000 on 3 March 2022: AED 969 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 820,000 in December 2013.
What is the rent for unit 703?
AED 185,000 a year on the contract signed on 26 August 2024. The previous contract, from August 2021, was AED 75,000; the unit has been rented since October 2013.
How big is unit 703?
1,418 sqft (131.7 sqm): a two-bedroom apartment on the 7th floor of a 46-storey tower completed in 2007.
What is unit 703 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 703, Sadaf 7
Starts from the last sale price (AED 1.38M, 3 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,375,000
- Deposit, UAE resident (20%)
- AED 275,000
- Deposit, non-resident (40%)
- AED 550,000
- Monthly over 25 years at 3.7%
- AED 5,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →