3-bed · 1,903 sqftSadaf 8, Jumeirah Beach Residence · 14th floor · completed 2007

1402, Sadaf 8

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 699K5 December 2007
Current rentAED 120K /yr25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Sadaf 8

What is 1402 worth today?

Last sold for AED 699,000 in 2007

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25 Feb 2020RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
17 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
15 May 2017RentedNew contract
AED 235,000/yr12 months · AED 123 per sqft
2 Jan 2014RentedNew contract
AED 140,000/yr12 months · AED 73 per sqft
3 Jan 2013RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
5 Dec 2007Sold by developerReady
AED 699,000AED 367 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
14th of 47
Parking
M429/ M430
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 699K · December 2007
Building
Sadaf 8

About 1402, Sadaf 8

1402 is a three-bedroom apartment of 1,903 sqft on the 14th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 5 December 2007 for AED 699,000, or AED 367 per sqft, 25% below the AED 487 three-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 25 February 2020, is AED 120,000 a year: a gross yield of 17.2% on the 2007 price, before the service charge of about AED 34,100 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical three-bed in Sadaf 8
1M2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 999,500; 2010 AED 1,965,000; 2011 AED 1,575,000; 2012 AED 1,815,000; 2013 AED 1,940,000; 2014 AED 2,110,000; 2015 AED 2,627,500; 2016 AED 2,350,000; 2019 AED 1,600,000; 2020 AED 1,400,000; 2021 AED 1,500,000; 2022 AED 1,835,000; 2023 AED 2,070,000; 2024 AED 2,400,000; 2025 AED 2,500,000; 2026 AED 2,580,000Sold by developer, December 2007: AED 699,000 (AED 367 per sqft)

1402 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1402, each contractTypical three-bed in Sadaf 8
100K200K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 138,000; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 123,501; 2020 AED 105,000; 2021 AED 103,500; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 162,750; 2025 AED 162,750; 2026 AED 165,000New contract, January 2013: AED 120,000 a yearNew contract, January 2014: AED 140,000 a yearNew contract, May 2017: AED 235,000 a yearNew contract, October 2018: AED 130,000 a yearNew contract, February 2020: AED 120,000 a year

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

3-beds in Sadaf 8, and where 1402 sits

All 76 3-beds →

1402 last sold in December 2007 at AED 367 per sqft, 25% below what three-beds in Sadaf 8 were fetching at the time (AED 487). Over the last 12 months three-beds sold for AED 2,500,000 to 2,800,000, around AED 1,353 per sqft, and rent for AED 51,184 to 255,000 a year. 1402's AED 120,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Sep 20262,500,000
21 Sep 20262,800,000
6 Aug 20262,575,000
5 Aug 20262,585,000
5 3-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 14th floor

All 164 units in Sadaf 8
Value
14013-bedAED 2.6M · Dec 2013
14034-bedAED 949K · Jul 2015
14044-bedAED 2.5M · Aug 2012
14053-bedAED 1.79M · May 2010
14063-bedAED 2.5M · Dec 2025

1402, Sadaf 8 in numbers

  • Sold once: by Dubai Properties on 5 December 2007 for AED 699,000, or AED 367 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2007 price is 17.2%, before a service charge of about AED 34,100 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 8 sold for AED 2,500,000–2,800,000 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 25 February 2020.

Questions about 1402, Sadaf 8

What did unit 1402 last sell for?

AED 699,000 on 5 December 2007, sold by the developer: AED 367 per sqft for 1,903 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 120,000 a year on the contract signed on 25 February 2020. The previous contract, from October 2018, was AED 130,000; the unit has been rented since January 2013.

How big is unit 1402?

1,903 sqft (176.8 sqm): a three-bedroom apartment on the 14th floor of a 47-storey tower completed in 2007.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 8 sold for AED 2,500,000 to 2,800,000 in the last 12 months, around AED 1,353 per sqft.

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Mortgage on 1402, Sadaf 8

Starts from the last sale price (AED 699K, 5 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

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