1501, Sadaf 8
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Sadaf 8
What is 1501 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,903 sqft
- Floor
- 15th of 47
- Parking
- M478/ M479
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,100 /yr
- Last sold
- AED 699K · June 2014
- Building
- Sadaf 8
About 1501, Sadaf 8
1501 is a three-bedroom apartment of 1,903 sqft on the 15th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 25 June 2014 for AED 699,000, or AED 367 per sqft, 65% below the AED 1,050 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 February 2024, is AED 165,000 a year: a gross yield of 23.6% on the 2014 price, before the service charge of about AED 34,100 a year.
Sales and rents for 1501 over time
1501 has sold once; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 76 3-beds →1501 last sold in June 2014 at AED 367 per sqft, 65% below what three-beds in Sadaf 8 were fetching at the time (AED 1,050). 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. 1501's AED 165,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 1,908 sqft | 2,500,000 | 1,309 | ||
| 21 Sep 202621 September 2026 | 1,908 sqft | 2,800,000 | 1,467 | ||
| 6 Aug 20266 August 2026 | 1,903 sqft | 2,575,000 | 1,353 | ||
| 5 Aug 20265 August 2026 | 1,903 sqft | 2,585,000 | 1,358 |
Sadaf 8
Building164 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%
Other units on the 15th floor
All 164 units in Sadaf 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 1,903 sqft | AED 2.3MAED 2,300,000 · Apr 2025April 2025 | 169,736 /yr | |
| 1503 | 4-bed | 2,713 sqft | AED 3.4MAED 3,400,000 · Jun 2024June 2024 | 250,000 /yr | |
| 1504 | 4-bed | 2,713 sqft | AED 3.45MAED 3,445,000 · Dec 2014December 2014 | 163,850 /yr | |
| 1505 | 3-bed | 1,903 sqft | AED 1.84MAED 1,835,000 · Aug 2022August 2022 | 100,000 /yr | |
| 1506 | 3-bed | 1,903 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 162,750 /yr |
1501, Sadaf 8 in numbers
- Sold once: by Dubai Properties on 25 June 2014 for AED 699,000, or AED 367 per sqft.
- Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 145,000 in 2018 and recovered to AED 165,000 by February 2024.
- At AED 165,000 a year the gross yield on the 2014 price is 23.6%, 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 20 February 2024.
Questions about 1501, Sadaf 8
What did unit 1501 last sell for?
AED 699,000 on 25 June 2014, 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 1501?
AED 165,000 a year on the contract signed on 20 February 2024. The previous contract, from December 2018, was AED 145,000; the unit has been rented since September 2014.
How big is unit 1501?
1,903 sqft (176.8 sqm): a three-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.
What is unit 1501 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 1501, Sadaf 8
Starts from the last sale price (AED 699K, 25 June 2014). 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 →