4-bed · 2,723 sqftSadaf 8, Jumeirah Beach Residence · 17th floor · completed 2007

1703, Sadaf 8

Sold prices and rental history: sold 6 times, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 12 January 2023
Last soldAED 2.4M12 January 2023
Current rentAED 157K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Sadaf 8

What is 1703 worth today?

Last sold for AED 2,400,000 in 2023

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12 Jan 2023SoldReady
AED 2,400,000AED 881 per sqft
1 Sep 2022RentedRenewal
AED 157,080/yr12 months · AED 58 per sqft
1 Sep 2021RentedRenewal
AED 142,800/yr12 months · AED 52 per sqft
1 Sep 2020RentedNew contract
AED 136,000/yr12 months · AED 50 per sqft
1 Sep 2018RentedNew contract
AED 160,000/yr36 months · AED 59 per sqft
28 Jan 2018SoldReady
AED 2,777,002AED 1,019 per sqft
26 Nov 2014SoldReady
AED 5,200,000AED 1,909 per sqft
23 Aug 2014RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 12 January 2023.

Key facts

Type
4-bed apartment
Size
2,723 sqft
Floor
17th of 47
Parking
M537/ M538
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,800 /yr
Last sold
AED 2.4M · January 2023
Building
Sadaf 8

About 1703, Sadaf 8

1703 is a four-bedroom apartment of 2,723 sqft on the 17th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 12 January 2023 for AED 2,400,000, or AED 881 per sqft, in line with the AED 872 four-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 September 2022, is AED 157,080 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 48,800 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, November 2007: AED 949,000 (AED 348 per sqft)Sold, June 2008: AED 3,500,000 (AED 1,285 per sqft)Sold, September 2008: AED 2,163,500 (AED 794 per sqft)Sold, November 2014: AED 5,200,000 (AED 1,909 per sqft)Sold, January 2018: AED 2,777,002 (AED 1,019 per sqft)Sold, January 2023: AED 2,400,000 (AED 881 per sqft)

1703 has sold 6 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1703, each contractTypical four-bed in Sadaf 8
150K200K2012201620202024Typical 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, August 2013: AED 190,000 a yearNew contract, August 2014: AED 190,000 a yearNew contract, September 2018: AED 160,000 a yearNew contract, September 2020: AED 136,000 a yearRenewal, September 2021: AED 142,800 a yearRenewal, September 2022: AED 157,080 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 1703 sits

All 89 4-beds →

1703 last sold in January 2023 at AED 881 per sqft, in line with what four-beds in Sadaf 8 were fetching at the time (AED 872). 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. 1703's AED 157,080 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 17th floor

All 164 units in Sadaf 8
Value
17013-bedAED 2.47M · Jan 2025
17023-bedAED 2.7M · Jul 2015
17044-bedAED 3M · Aug 2023
17053-bedAED 699K · Oct 2008
17063-bedAED 2.15M · May 2023

1703, Sadaf 8 in numbers

  • Sold 6 times: first on 1 November 2007 for AED 949,000, last on 12 January 2023 for AED 2,400,000 (AED 881 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 136,000 in 2020 and recovered to AED 157,080 by September 2022.
  • At AED 157,080 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 48,800 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 12 January 2023.

Questions about 1703, Sadaf 8

What did unit 1703 last sell for?

AED 2,400,000 on 12 January 2023: AED 881 per sqft for 2,723 sqft. The unit has 6 registered sales; the first was AED 949,000 in November 2007.

What is the rent for unit 1703?

AED 157,080 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 142,800; the unit has been rented since August 2013.

How big is unit 1703?

2,723 sqft (253.0 sqm): a four-bedroom apartment on the 17th floor of a 47-storey tower completed in 2007.

What is unit 1703 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 1703, Sadaf 8

Starts from the last sale price (AED 2.4M, 12 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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