4-bed · 2,713 sqftSadaf 8, Jumeirah Beach Residence · 12th floor · completed 2007

1203, Sadaf 8

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2M4 May 2011
Current rentAED 260K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Sadaf 8

What is 1203 worth today?

Last sold for AED 2,000,000 in 2011

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15 Nov 2024RentedRenewal
AED 260,000/yr12 months · AED 96 per sqft
15 Nov 2023RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft
15 Apr 2022RentedRenewal
AED 135,000/yr12 months · AED 50 per sqft
15 Apr 2021RentedNew contract
AED 135,000/yr12 months · AED 50 per sqft
28 Dec 2019RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
4 May 2011SoldReady
AED 2,000,000AED 737 per sqft
16 Apr 2008Sold by developerReady
AED 1,200,000AED 442 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
4-bed apartment
Size
2,713 sqft
Floor
12th of 47
Parking
M439/ M440
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,600 /yr
Last sold
AED 2M · May 2011
Building
Sadaf 8

About 1203, Sadaf 8

1203 is a four-bedroom apartment of 2,713 sqft on the 12th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 4 May 2011 for AED 2,000,000, or AED 737 per sqft, 4% below the AED 766 four-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 260,000 a year: a gross yield of 13.0% on the 2011 price, before the service charge of about AED 48,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical four-bed in Sadaf 8
2M4M20072012201720222027Typical sale price by year: 2007 AED 949,000; 2008 AED 1,024,500; 2009 AED 949,000; 2010 AED 2,711,205; 2011 AED 2,000,000; 2012 AED 2,150,000; 2013 AED 2,636,000; 2014 AED 3,372,500; 2015 AED 1,315,000; 2016 AED 2,950,000; 2017 AED 3,062,890; 2018 AED 2,777,002; 2019 AED 2,345,000; 2021 AED 2,050,000; 2022 AED 2,250,000; 2023 AED 3,000,000; 2024 AED 3,400,000; 2025 AED 3,550,000; 2026 AED 3,550,000Sold by developer, April 2008: AED 1,200,000 (AED 442 per sqft)Sold, May 2011: AED 2,000,000 (AED 737 per sqft)

1203 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1203, each contractTypical four-bed in Sadaf 8
200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 185,000; 2014 AED 207,375; 2015 AED 220,000; 2016 AED 219,000; 2017 AED 206,167; 2018 AED 190,000; 2019 AED 167,500; 2020 AED 132,500; 2021 AED 135,000; 2022 AED 153,575; 2023 AED 190,000; 2024 AED 220,000; 2025 AED 215,600; 2026 AED 222,000New contract, December 2019: AED 145,000 a yearNew contract, April 2021: AED 135,000 a yearRenewal, April 2022: AED 135,000 a yearNew contract, November 2023: AED 220,000 a yearRenewal, November 2024: AED 260,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Sadaf 8, and where 1203 sits

All 89 4-beds →

1203 last sold in May 2011 at AED 737 per sqft, 4% below what four-beds in Sadaf 8 were fetching at the time (AED 766). Over the last 12 months four-beds sold for AED 3,300,000 to 4,000,000, around AED 1,240 per sqft, and rent for AED 145,000 to 500,000 a year. 1203's AED 260,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
30 Oct 20263,300,000
15 Oct 20264,000,000
16 Feb 20263,400,000
3 Feb 20263,700,000
6 4-bed sales in the last 12 months

Sadaf 8

Building

164 apartments, studios to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 12 sold in the last 12 months.

Typical price per sqft
AED 1,311 Level
Typical sale
AED 3.05M
Typical rent
AED 195K /yr
Typical yield
6.3%
Sadaf 8, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 12th floor

All 164 units in Sadaf 8
Value
12013-bedAED 2M · Jan 2023
12023-bedAED 699K · Oct 2009
12044-bedAED 4.3M · Jul 2025
12053-bedAED 3.2M · Mar 2015
12063-bedAED 699K · Oct 2013

1203, Sadaf 8 in numbers

  • Sold twice: first on 16 April 2008 for AED 1,200,000, last on 4 May 2011 for AED 2,000,000 (AED 737 per sqft).
  • Rented since December 2019 on 5 Ejari contracts, from AED 145,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2011 price is 13.0%, before a service charge of about AED 48,600 a year (AED 17.91 per sqft).
  • Four-beds in Sadaf 8 sold for AED 3,300,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,311 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 1203, Sadaf 8

What did unit 1203 last sell for?

AED 2,000,000 on 4 May 2011: AED 737 per sqft for 2,713 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in April 2008.

What is the rent for unit 1203?

AED 260,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 220,000; the unit has been rented since December 2019.

How big is unit 1203?

2,713 sqft (252.0 sqm): a four-bedroom apartment on the 12th floor of a 47-storey tower completed in 2007.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 8 sold for AED 3,300,000 to 4,000,000 in the last 12 months, around AED 1,240 per sqft.

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Mortgage on 1203, Sadaf 8

Starts from the last sale price (AED 2M, 4 May 2011). 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 →