3-bed · 1,903 sqftSadaf 8, Jumeirah Beach Residence · 15th floor · completed 2007

1505, Sadaf 8

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.84M1 August 2022
Current rentAED 100K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Sadaf 8

What is 1505 worth today?

Last sold for AED 1,835,000 in 2022

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1 Aug 2022SoldReady
AED 1,835,000AED 964 per sqft
1 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 52 per sqft
1 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
10 Aug 2016RentedRenewal
AED 175,000/yr12 months · AED 92 per sqft
10 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft
25 Jul 2014RentedRenewal
AED 168,000/yr12 months · AED 88 per sqft
25 Jul 2013RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
28 Oct 2008SoldReady
AED 2,800,000AED 1,471 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
15th of 47
Parking
M488/ M543
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 1.84M · August 2022
Building
Sadaf 8

About 1505, Sadaf 8

1505 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. It last sold on 1 August 2022 for AED 1,835,000, or AED 964 per sqft, in line with the AED 959 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 100,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 34,100 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical three-bed in Sadaf 8
1M2M3M20072012201720222027Typical 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)Sold, October 2008: AED 2,800,000 (AED 1,471 per sqft)Sold, August 2022: AED 1,835,000 (AED 964 per sqft)

1505 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1505, each contractTypical three-bed in Sadaf 8
100K150K2012201620202024Typical 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, July 2013: AED 160,000 a yearRenewal, July 2014: AED 168,000 a yearNew contract, August 2015: AED 175,000 a yearRenewal, August 2016: AED 175,000 a yearNew contract, December 2019: AED 120,000 a yearRenewal, December 2020: AED 100,000 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 1505 sits

All 76 3-beds →

1505 last sold in August 2022 at AED 964 per sqft, in line with what three-beds in Sadaf 8 were fetching at the time (AED 959). 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. 1505's AED 100,000 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 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
15044-bedAED 3.45M · Dec 2014
15063-bedAED 699K · Apr 2008

1505, Sadaf 8 in numbers

  • Sold 3 times: first on 23 December 2007 for AED 699,000, last on 1 August 2022 for AED 1,835,000 (AED 964 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.5%, 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 1 August 2022.

Questions about 1505, Sadaf 8

What did unit 1505 last sell for?

AED 1,835,000 on 1 August 2022: AED 964 per sqft for 1,903 sqft. The unit has 3 registered sales; the first was AED 699,000 in December 2007.

What is the rent for unit 1505?

AED 100,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 120,000; the unit has been rented since July 2013.

How big is unit 1505?

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 1505 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 1505, Sadaf 8

Starts from the last sale price (AED 1.84M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,835,000
Deposit, UAE resident (20%)
AED 367,000
Deposit, non-resident (40%)
AED 734,000
Monthly over 25 years at 3.7%
AED 7,508

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