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2-bed · 1,404 sqftSadaf 7, Jumeirah Beach Residence · 7th floor · completed 2007

705, Sadaf 7

Sold prices and rental history: sold twice, last in October 2010, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 1.6M28 October 2010
Current rentAED 50K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Sadaf 7

What is 705 worth today?

Last sold for AED 1,600,000 in 2010

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1 Nov 2020RentedNew contract
AED 50,000/yr12 months · AED 36 per sqft
28 Oct 2010SoldReady
AED 1,600,000AED 1,139 per sqft
24 Feb 2008Sold by developerReady
AED 599,000AED 426 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
7th of 46
Parking
B133
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,400 /yr
Last sold
AED 1.6M · October 2010
Building
Sadaf 7

About 705, Sadaf 7

705 is a two-bedroom apartment of 1,404 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 28 October 2010 for AED 1,600,000, or AED 1,139 per sqft, 29% above the AED 881 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2020. The current contract, signed on 1 November 2020, is AED 50,000 a year: a gross yield of 3.1% on the 2010 price, before the service charge of about AED 20,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, February 2008: AED 599,000 (AED 426 per sqft)Sold, October 2010: AED 1,600,000 (AED 1,139 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Sadaf 7
50K100K2012201620202024Typical 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, November 2020: AED 50,000 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 705 sits

All 143 2-beds →

705 last sold in October 2010 at AED 1,139 per sqft, 29% above what two-beds in Sadaf 7 were fetching at the time (AED 881). 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. 705's AED 50,000 is at the bottom 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 7th floor

All 274 units in Sadaf 7
Value
7012-bedAED 780K · Aug 2013
7022-bedAED 1.3M · Jan 2009
7032-bedAED 1.38M · Mar 2022
7042-bedAED 550K · Apr 2012
7062-bedAED 2M · Oct 2023
7074-bedAED 1.55M · Mar 2008

705, Sadaf 7 in numbers

  • Sold twice: first on 24 February 2008 for AED 599,000, last on 28 October 2010 for AED 1,600,000 (AED 1,139 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 3.1%, before a service charge of about AED 20,400 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 1 November 2020.

Questions about 705, Sadaf 7

What did unit 705 last sell for?

AED 1,600,000 on 28 October 2010: AED 1,139 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 599,000 in February 2008.

What is the rent for unit 705?

AED 50,000 a year on the contract signed on 1 November 2020.

How big is unit 705?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 7th floor of a 46-storey tower completed in 2007.

What is unit 705 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 705, Sadaf 7

Starts from the last sale price (AED 1.6M, 28 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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