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3-bed · 1,908 sqftSadaf 8, Jumeirah Beach Residence · 16th floor · completed 2007

1602, Sadaf 8

Sold prices and rental history: sold twice, last in January 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 31 January 2011
Last soldAED 1.5M31 January 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1602, Sadaf 8

What is 1602 worth today?

Last sold for AED 1,500,000 in 2011

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31 Jan 2011SoldReady
AED 1,500,000AED 785 per sqft
27 Feb 2008Sold by developerReady
AED 699,000AED 366 per sqft

Source: Dubai Land Department. Updated 31 January 2011.

Key facts

Type
3-bed apartment
Size
1,908 sqft
Floor
16th of 47
Parking
M493/ M494
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 1.5M · January 2011
Building
Sadaf 8

About 1602, Sadaf 8

1602 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 31 January 2011 for AED 1,500,000, or AED 785 per sqft, 16% below the AED 940 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in Sadaf 8
1M2M20072012201720222027Typical 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, February 2008: AED 699,000 (AED 366 per sqft)Sold, January 2011: AED 1,500,000 (AED 785 per sqft)

1602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, 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 165,000

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 1602 sits

All 76 3-beds →

1602 last sold in January 2011 at AED 785 per sqft, 16% below what three-beds in Sadaf 8 were fetching at the time (AED 940). 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.

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 16th floor

All 164 units in Sadaf 8
Value
16013-bedAED 1.4M · Aug 2020
16034-bedAED 3.7M · Feb 2026
16044-bedAED 2M · Oct 2011
16053-bedAED 699K · Apr 2008
16063-bedAED 2.5M · Sep 2026

1602, Sadaf 8 in numbers

  • Sold twice: first on 27 February 2008 for AED 699,000, last on 31 January 2011 for AED 1,500,000 (AED 785 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 31 January 2011.

Questions about 1602, Sadaf 8

What did unit 1602 last sell for?

AED 1,500,000 on 31 January 2011: AED 785 per sqft for 1,908 sqft. The unit has 2 registered sales; the first was AED 699,000 in February 2008.

How big is unit 1602?

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 1602 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 1602, Sadaf 8

Starts from the last sale price (AED 1.5M, 31 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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