2-bed · 643 sqftSadaf 7, Jumeirah Beach Residence · completed 2007

UP01, Sadaf 7

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit UP01 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 800K21 March 2023
Current rentAED 85K /yr21 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for UP01, Sadaf 7

What is UP01 worth today?

Last sold for AED 800,000 in 2023

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21 Mar 2023SoldReady
AED 800,000AED 1,244 per sqft
17 Sep 2020SoldReady
AED 850,000AED 661 per sqft
21 Jan 2019RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
11 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
8 Nov 2016RentedRenewal
AED 125,000/yr12 months · AED 98 per sqft
8 Nov 2015RentedNew contract
AED 125,000/yr12 months · AED 98 per sqft
28 Sep 2014SoldReady
AED 2,100,000AED 1,633 per sqft
26 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
643 sqft
Parking
G86
Developer
Dubai Properties
Completed
2007
Service charge
AED 9,300 /yr
Last sold
AED 800K · March 2023
Building
Sadaf 7

About UP01, Sadaf 7

UP01 is a two-bedroom apartment of 643 sqft of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 March 2023 for AED 800,000, or AED 1,244 per sqft, 6% above the AED 1,171 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 21 January 2019, is AED 85,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for UP01 over time

Sales
Unit UP01, 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 500,000 (AED 389 per sqft)Sold, September 2014: AED 2,100,000 (AED 1,633 per sqft)Sold, September 2020: AED 850,000 (AED 661 per sqft)Sold, March 2023: AED 800,000 (AED 1,244 per sqft)

UP01 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit UP01, 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, July 2013: AED 120,000 a yearNew contract, November 2015: AED 125,000 a yearRenewal, November 2016: AED 125,000 a yearNew contract, December 2017: AED 110,000 a yearNew contract, January 2019: AED 85,000 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 UP01 sits

All 143 2-beds →

UP01 last sold in March 2023 at AED 1,244 per sqft, 6% above what two-beds in Sadaf 7 were fetching at the time (AED 1,171). 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. UP01's AED 85,000 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 →

UP01, Sadaf 7 in numbers

  • Sold 4 times: first on 10 February 2008 for AED 500,000, last on 21 March 2023 for AED 800,000 (AED 1,244 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 10.6%, before a service charge of about AED 9,300 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 21 March 2023.

Questions about UP01, Sadaf 7

What did unit UP01 last sell for?

AED 800,000 on 21 March 2023: AED 1,244 per sqft for 643 sqft. The unit has 4 registered sales; the first was AED 500,000 in February 2008.

What is the rent for unit UP01?

AED 85,000 a year on the contract signed on 21 January 2019. The previous contract, from December 2017, was AED 110,000; the unit has been rented since July 2013.

How big is unit UP01?

643 sqft (59.7 sqm): a two-bedroom apartment of a 46-storey tower completed in 2007.

What is unit UP01 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 UP01, Sadaf 7

Starts from the last sale price (AED 800K, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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