2-bed · 1,404 sqftSadaf 7, Jumeirah Beach Residence · 8th floor · completed 2007

805, Sadaf 7

Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 2 May 2021
Last soldAED 599K21 February 2008
Current rentAED 76K /yr2 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Sadaf 7

What is 805 worth today?

Last sold for AED 599,000 in 2008

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2 May 2021RentedNew contract
AED 76,133/yr11 months · AED 54 per sqft
17 Dec 2020RentedRenewal
AED 92,647/yr2 months · AED 66 per sqft
17 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
17 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
21 Apr 2017RentedRenewal
AED 130,000/yr12 months · AED 93 per sqft
21 Apr 2016RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
15 Feb 2016RentedNew contract
AED 120,000/yr3 months · AED 86 per sqft
15 Nov 2014RentedNew contract
AED 114,700/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 2 May 2021.

Key facts

Type
2-bed apartment
Size
1,404 sqft
Floor
8th of 46
Parking
B127
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,400 /yr
Last sold
AED 599K · February 2008
Building
Sadaf 7

About 805, Sadaf 7

805 is a two-bedroom apartment of 1,404 sqft on the 8th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 21 February 2008 for AED 599,000, or AED 426 per sqft, 14% below the AED 493 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 2 May 2021, is AED 76,133 a year: a gross yield of 12.7% on the 2008 price, before the service charge of about AED 20,400 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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)

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

Rents
Unit 805, 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, November 2012: AED 95,000 a yearRenewal, November 2013: AED 99,750 a yearNew contract, November 2014: AED 114,700 a yearNew contract, February 2016: AED 120,000 a yearNew contract, April 2016: AED 130,000 a yearRenewal, April 2017: AED 130,000 a yearNew contract, December 2018: AED 100,000 a yearNew contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 92,647 a yearNew contract, May 2021: AED 76,133 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 805 sits

All 143 2-beds →

805 last sold in February 2008 at AED 426 per sqft, 14% below what two-beds in Sadaf 7 were fetching at the time (AED 493). 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. 805's AED 76,133 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 8th floor

All 274 units in Sadaf 7
Value
8012-bedAED 1.2M · Mar 2012
8022-bedAED 2.06M · May 2008
8032-bedAED 635K · Feb 2013
8042-bedAED 1.9M · Dec 2016
8062-bedAED 2.7M · Mar 2008

805, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 21 February 2008 for AED 599,000, or AED 426 per sqft.
  • Rented since November 2012 on 10 Ejari contracts, from AED 95,000 to AED 76,133 a year.
  • At AED 76,133 a year the gross yield on the 2008 price is 12.7%, 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 2 May 2021.

Questions about 805, Sadaf 7

What did unit 805 last sell for?

AED 599,000 on 21 February 2008, sold by the developer: AED 426 per sqft for 1,404 sqft. It is the only registered sale of the unit.

What is the rent for unit 805?

AED 76,133 a year on the contract signed on 2 May 2021. The previous contract, from December 2020, was AED 92,647; the unit has been rented since November 2012.

How big is unit 805?

1,404 sqft (130.4 sqm): a two-bedroom apartment on the 8th floor of a 46-storey tower completed in 2007.

What is unit 805 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 805, Sadaf 7

Starts from the last sale price (AED 599K, 21 February 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

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