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

1504, Sadaf 8

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 3.45M10 December 2014
Current rentAED 164K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Sadaf 8

What is 1504 worth today?

Last sold for AED 3,445,000 in 2014

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1 Apr 2022RentedRenewal
AED 163,850/yr12 months · AED 60 per sqft
1 Apr 2021RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
1 Dec 2017RentedRenewal
AED 240,000/yr12 months · AED 88 per sqft
1 Dec 2016RentedRenewal
AED 242,000/yr12 months · AED 89 per sqft
1 Dec 2015RentedNew contract
AED 240,000/yr12 months · AED 88 per sqft
10 Dec 2014SoldReady
AED 3,445,000AED 1,269 per sqft
10 Apr 2008SoldReady
AED 3,000,000AED 1,105 per sqft
18 Mar 2008Sold by developerReady
AED 949,000AED 349 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
4-bed apartment
Size
2,713 sqft
Floor
15th of 47
Parking
M426/ M484
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,600 /yr
Last sold
AED 3.45M · December 2014
Building
Sadaf 8

About 1504, Sadaf 8

1504 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 10 December 2014 for AED 3,445,000, or AED 1,269 per sqft, 4% above the AED 1,218 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 163,850 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 48,600 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, March 2008: AED 949,000 (AED 349 per sqft)Sold, April 2008: AED 3,000,000 (AED 1,105 per sqft)Sold, December 2014: AED 3,445,000 (AED 1,269 per sqft)

1504 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1504, each contractTypical four-bed in Sadaf 8
150K200K250K2012201620202024Typical 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 2015: AED 240,000 a yearRenewal, December 2016: AED 242,000 a yearRenewal, December 2017: AED 240,000 a yearNew contract, April 2021: AED 145,000 a yearRenewal, April 2022: AED 163,850 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 1504 sits

All 89 4-beds →

1504 last sold in December 2014 at AED 1,269 per sqft, 4% above what four-beds in Sadaf 8 were fetching at the time (AED 1,218). 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. 1504's AED 163,850 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
15034-bedAED 3.4M · Jun 2024
15053-bedAED 1.84M · Aug 2022
15063-bedAED 699K · Apr 2008

1504, Sadaf 8 in numbers

  • Sold 3 times: first on 18 March 2008 for AED 949,000, last on 10 December 2014 for AED 3,445,000 (AED 1,269 per sqft).
  • Rented since December 2015 on 5 Ejari contracts. The rent fell from AED 240,000 to AED 145,000 in 2021 and recovered to AED 163,850 by April 2022.
  • At AED 163,850 a year the gross yield on the 2014 price is 4.8%, 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 April 2022.

Questions about 1504, Sadaf 8

What did unit 1504 last sell for?

AED 3,445,000 on 10 December 2014: AED 1,269 per sqft for 2,713 sqft. The unit has 3 registered sales; the first was AED 949,000 in March 2008.

What is the rent for unit 1504?

AED 163,850 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 145,000; the unit has been rented since December 2015.

How big is unit 1504?

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 1504 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 1504, Sadaf 8

Starts from the last sale price (AED 3.45M, 10 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,445,000
Deposit, UAE resident (20%)
AED 689,000
Deposit, non-resident (40%)
AED 1,378,000
Monthly over 25 years at 3.7%
AED 14,095

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