1506, Sadaf 8
Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Sadaf 8
What is 1506 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,903 sqft
- Floor
- 15th of 47
- Parking
- M489/ M490
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,100 /yr
- Last sold
- AED 699K · April 2008
- Building
- Sadaf 8
About 1506, Sadaf 8
1506 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 27 April 2008 for AED 699,000, or AED 367 per sqft, in line with the AED 367 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 162,750 a year: a gross yield of 23.3% on the 2008 price, before the service charge of about AED 34,100 a year.
Sales and rents for 1506 over time
1506 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 1506 sits
All 76 3-beds →1506 last sold in April 2008 at AED 367 per sqft, in line with what three-beds in Sadaf 8 were fetching at the time (AED 367). 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. 1506's AED 162,750 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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,903 sqft | AED 699KAED 699,000 · Jun 2014June 2014 | 165,000 /yr | |
| 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, Sadaf 8 in numbers
- Sold once: by Dubai Properties on 27 April 2008 for AED 699,000, or AED 367 per sqft.
- Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2020 and recovered to AED 162,750 by February 2026.
- At AED 162,750 a year the gross yield on the 2008 price is 23.3%, 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 2026.
Questions about 1506, Sadaf 8
What did unit 1506 last sell for?
AED 699,000 on 27 April 2008, 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 1506?
AED 162,750 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 162,750; the unit has been rented since September 2013.
How big is unit 1506?
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 1506 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 1506, Sadaf 8
Starts from the last sale price (AED 699K, 27 April 2008). 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 →