3-bed · 1,908 sqftSadaf 8, Jumeirah Beach Residence · 17th floor · completed 2007

1706, Sadaf 8

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 2.15M9 May 2023
Current rentAED 95K /yr14 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Sadaf 8

What is 1706 worth today?

Last sold for AED 2,150,000 in 2023

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9 May 2023SoldReady
AED 2,150,000AED 1,126 per sqft
14 Mar 2022RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
7 Nov 2021SoldReady
AED 1,350,000AED 707 per sqft
14 Mar 2021RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
1 Feb 2020RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
1 Feb 2019RentedRenewal
AED 127,500/yr12 months · AED 67 per sqft
1 Feb 2018RentedRenewal
AED 150,000/yr12 months · AED 79 per sqft
1 Feb 2017RentedNew contract
AED 150,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
3-bed apartment
Size
1,908 sqft
Floor
17th of 47
Parking
M659/ M660
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 2.15M · May 2023
Building
Sadaf 8

About 1706, Sadaf 8

1706 is a three-bedroom apartment of 1,908 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 May 2023 for AED 2,150,000, or AED 1,126 per sqft, 6% above the AED 1,062 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 14 March 2022, is AED 95,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 34,200 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, 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, June 2008: AED 699,000 (AED 366 per sqft)Sold, November 2021: AED 1,350,000 (AED 707 per sqft)Sold, May 2023: AED 2,150,000 (AED 1,126 per sqft)

1706 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1706, 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 165,000New contract, December 2013: AED 136,000 a yearRenewal, December 2014: AED 136,000 a yearNew contract, February 2017: AED 150,000 a yearRenewal, February 2018: AED 150,000 a yearRenewal, February 2019: AED 127,500 a yearRenewal, February 2020: AED 120,000 a yearNew contract, March 2021: AED 95,000 a yearNew contract, March 2022: AED 95,000 a year

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 1706 sits

All 76 3-beds →

1706 last sold in May 2023 at AED 1,126 per sqft, 6% above what three-beds in Sadaf 8 were fetching at the time (AED 1,062). 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. 1706's AED 95,000 is in the lower half of that range.

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 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
17044-bedAED 3M · Aug 2023
17053-bedAED 699K · Oct 2008

1706, Sadaf 8 in numbers

  • Sold 3 times: first on 3 June 2008 for AED 699,000, last on 9 May 2023 for AED 2,150,000 (AED 1,126 per sqft).
  • Rented since December 2013 on 8 Ejari contracts, from AED 136,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.4%, 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 May 2023.

Questions about 1706, Sadaf 8

What did unit 1706 last sell for?

AED 2,150,000 on 9 May 2023: AED 1,126 per sqft for 1,908 sqft. The unit has 3 registered sales; the first was AED 699,000 in June 2008.

What is the rent for unit 1706?

AED 95,000 a year on the contract signed on 14 March 2022. The previous contract, from March 2021, was AED 95,000; the unit has been rented since December 2013.

How big is unit 1706?

1,908 sqft (177.3 sqm): a three-bedroom apartment on the 17th floor of a 47-storey tower completed in 2007.

What is unit 1706 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 1706, Sadaf 8

Starts from the last sale price (AED 2.15M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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