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

706, Sadaf 7

Sold prices and rental history: sold twice, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 11 October 2023
Last soldAED 2M11 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Sadaf 7

What is 706 worth today?

Last sold for AED 2,000,000 in 2023

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11 Oct 2023SoldReady
AED 2,000,000AED 1,409 per sqft
11 Mar 2013Sold by developerReady
AED 599,000AED 422 per sqft

Source: Dubai Land Department. Updated 11 October 2023.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
7th of 46
Parking
B132
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 2M · October 2023
Building
Sadaf 7

About 706, Sadaf 7

706 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 11 October 2023 for AED 2,000,000, or AED 1,409 per sqft, 12% above the AED 1,258 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2013: AED 599,000 (AED 422 per sqft)Sold, October 2023: AED 2,000,000 (AED 1,409 per sqft)

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

Rents
Unit 706, 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 117,000

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 706 sits

All 143 2-beds →

706 last sold in October 2023 at AED 1,409 per sqft, 12% above what two-beds in Sadaf 7 were fetching at the time (AED 1,258). 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.

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
7052-bedAED 1.6M · Oct 2010
7074-bedAED 1.55M · Mar 2008

706, Sadaf 7 in numbers

  • Sold twice: first on 11 March 2013 for AED 599,000, last on 11 October 2023 for AED 2,000,000 (AED 1,409 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 11 October 2023.

Questions about 706, Sadaf 7

What did unit 706 last sell for?

AED 2,000,000 on 11 October 2023: AED 1,409 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 599,000 in March 2013.

How big is unit 706?

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 706 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 706, Sadaf 7

Starts from the last sale price (AED 2M, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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