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

1704, Sadaf 8

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 9 August 2023
Last soldAED 3M9 August 2023
Current rentAED 160K /yr20 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Sadaf 8

What is 1704 worth today?

Last sold for AED 3,000,000 in 2023

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9 Aug 2023SoldReady
AED 3,000,000AED 1,101 per sqft
25 Jan 2022SoldReady
AED 2,210,000AED 811 per sqft
20 Mar 2020RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
20 Mar 2019RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
20 Mar 2018RentedRenewal
AED 220,000/yr12 months · AED 81 per sqft
20 Mar 2017RentedRenewal
AED 225,000/yr12 months · AED 83 per sqft
20 Mar 2016RentedNew contract
AED 225,000/yr12 months · AED 83 per sqft
15 Feb 2012SoldReady
AED 2,200,000AED 807 per sqft

Source: Dubai Land Department. Updated 9 August 2023.

Key facts

Type
4-bed apartment
Size
2,723 sqft
Floor
17th of 47
Parking
M656/ M656A
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,800 /yr
Last sold
AED 3M · August 2023
Building
Sadaf 8

About 1704, Sadaf 8

1704 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 9 August 2023 for AED 3,000,000, or AED 1,101 per sqft, 8% above the AED 1,015 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 March 2020, is AED 160,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 48,800 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, February 2012: AED 2,200,000 (AED 807 per sqft)Sold by developer, February 2012: AED 1,100,000 (AED 403 per sqft)Sold, January 2022: AED 2,210,000 (AED 811 per sqft)Sold, August 2023: AED 3,000,000 (AED 1,101 per sqft)

1704 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1704, 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, March 2016: AED 225,000 a yearRenewal, March 2017: AED 225,000 a yearRenewal, March 2018: AED 220,000 a yearNew contract, March 2019: AED 180,000 a yearNew contract, March 2020: AED 160,000 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 1704 sits

All 89 4-beds →

1704 last sold in August 2023 at AED 1,101 per sqft, 8% above what four-beds in Sadaf 8 were fetching at the time (AED 1,015). 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. 1704's AED 160,000 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
17034-bedAED 2.4M · Jan 2023
17053-bedAED 699K · Oct 2008
17063-bedAED 2.15M · May 2023

1704, Sadaf 8 in numbers

  • Sold 4 times: first on 14 February 2012 for AED 1,100,000, last on 9 August 2023 for AED 3,000,000 (AED 1,101 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 225,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 5.3%, 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 9 August 2023.

Questions about 1704, Sadaf 8

What did unit 1704 last sell for?

AED 3,000,000 on 9 August 2023: AED 1,101 per sqft for 2,723 sqft. The unit has 4 registered sales; the first was AED 1,100,000 in February 2012.

What is the rent for unit 1704?

AED 160,000 a year on the contract signed on 20 March 2020. The previous contract, from March 2019, was AED 180,000; the unit has been rented since March 2016.

How big is unit 1704?

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 1704 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 1704, Sadaf 8

Starts from the last sale price (AED 3M, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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