1601, Sadaf 8
Sold prices and rental history: sold 3 times, last in August 2020, 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 1601, Sadaf 8
What is 1601 worth today?
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Source: Dubai Land Department. Updated 9 August 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 1,908 sqft
- Floor
- 16th of 47
- Parking
- M491/ M492
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 34,200 /yr
- Last sold
- AED 1.4M · August 2020
- Building
- Sadaf 8
About 1601, Sadaf 8
1601 is a three-bedroom apartment of 1,908 sqft on the 16th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 August 2020 for AED 1,400,000, or AED 733 per sqft, 17% above the AED 625 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 March 2020, is AED 130,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 34,200 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; 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 1601 sits
All 76 3-beds →1601 last sold in August 2020 at AED 733 per sqft, 17% above what three-beds in Sadaf 8 were fetching at the time (AED 625). 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. 1601's AED 130,000 is in the lower 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 16th floor
All 164 units in Sadaf 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 1,908 sqft | AED 1.5MAED 1,500,000 · Jan 2011January 2011 | ||
| 1603 | 4-bed | 2,723 sqft | AED 3.7MAED 3,700,000 · Feb 2026February 2026 | 100,000 /yr | |
| 1604 | 4-bed | 2,723 sqft | AED 2MAED 2,000,000 · Oct 2011October 2011 | ||
| 1605 | 3-bed | 1,908 sqft | AED 699KAED 699,000 · Apr 2008April 2008 | 143,000 /yr | |
| 1606 | 3-bed | 1,908 sqft | AED 2.5MAED 2,500,000 · Sep 2026September 2026 | 200,000 /yr |
1601, Sadaf 8 in numbers
- Sold 3 times: first on 3 October 2007 for AED 699,000, last on 9 August 2020 for AED 1,400,000 (AED 733 per sqft).
- Rented since December 2014 on 6 Ejari contracts, from AED 175,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 34,200 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 9 August 2020.
Questions about 1601, Sadaf 8
What did unit 1601 last sell for?
AED 1,400,000 on 9 August 2020: AED 733 per sqft for 1,908 sqft. The unit has 3 registered sales; the first was AED 699,000 in October 2007.
What is the rent for unit 1601?
AED 130,000 a year on the contract renewed on 15 March 2020. The previous contract, from March 2019, was AED 130,000; the unit has been rented since December 2014.
How big is unit 1601?
1,908 sqft (177.3 sqm): a three-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.
What is unit 1601 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 1601, Sadaf 8
Starts from the last sale price (AED 1.4M, 9 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →