4-bed · 2,713 sqftSadaf 8, Jumeirah Beach Residence · 15th floor · completed 2007

1503, Sadaf 8

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.4M21 June 2024
Current rentAED 250K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Sadaf 8

What is 1503 worth today?

Last sold for AED 3,400,000 in 2024

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1 May 2025RentedNew contract
AED 250,000/yr25 months · AED 92 per sqft
21 Jun 2024SoldReady
AED 3,400,000AED 1,253 per sqft
17 Aug 2020SoldReady
AED 1,700,000AED 626 per sqft
31 Dec 2008Sold by developerReady
AED 1,200,000AED 442 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
4-bed apartment
Size
2,713 sqft
Floor
15th of 47
Parking
M482/ M483
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,600 /yr
Last sold
AED 3.4M · June 2024
Building
Sadaf 8

About 1503, Sadaf 8

1503 is a four-bedroom apartment of 2,713 sqft on the 15th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 June 2024 for AED 3,400,000, or AED 1,253 per sqft, 13% above the AED 1,105 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2025. The current contract, signed on 1 May 2025, is AED 250,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 48,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, December 2008: AED 1,200,000 (AED 442 per sqft)Sold, August 2020: AED 1,700,000 (AED 626 per sqft)Sold, June 2024: AED 3,400,000 (AED 1,253 per sqft)

1503 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1503, 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, May 2025: AED 250,000 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 1503 sits

All 89 4-beds →

1503 last sold in June 2024 at AED 1,253 per sqft, 13% above what four-beds in Sadaf 8 were fetching at the time (AED 1,105). 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. 1503's AED 250,000 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 15th floor

All 164 units in Sadaf 8
Value
15013-bedAED 699K · Jun 2014
15023-bedAED 2.3M · Apr 2025
15044-bedAED 3.45M · Dec 2014
15053-bedAED 1.84M · Aug 2022
15063-bedAED 699K · Apr 2008

1503, Sadaf 8 in numbers

  • Sold 3 times: first on 31 December 2008 for AED 1,200,000, last on 21 June 2024 for AED 3,400,000 (AED 1,253 per sqft).
  • Rented since May 2025 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 7.3%, 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 1 May 2025.

Questions about 1503, Sadaf 8

What did unit 1503 last sell for?

AED 3,400,000 on 21 June 2024: AED 1,253 per sqft for 2,713 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in December 2008.

What is the rent for unit 1503?

AED 250,000 a year on the contract signed on 1 May 2025.

How big is unit 1503?

2,713 sqft (252.0 sqm): a four-bedroom apartment on the 15th floor of a 47-storey tower completed in 2007.

What is unit 1503 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 1503, Sadaf 8

Starts from the last sale price (AED 3.4M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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