4-bed · 6,191 sqftSadaf 8, Jumeirah Beach Residence · 20th floor · completed 2007

2001, Sadaf 8

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 7.45M9 May 2023
Current rentAED 190K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Sadaf 8

What is 2001 worth today?

Last sold for AED 7,450,000 in 2023

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9 May 2023SoldReady
AED 7,450,000AED 1,203 per sqft
18 Jan 2022SoldReady
AED 5,400,000AED 872 per sqft
15 Jul 2020RentedRenewal
AED 190,000/yr12 months · AED 31 per sqft
15 Jul 2019RentedNew contract
AED 190,000/yr12 months · AED 31 per sqft
1 Aug 2018RentedRenewal
AED 211,000/yr12 months · AED 34 per sqft
1 Aug 2017RentedRenewal
AED 240,000/yr12 months · AED 39 per sqft
1 Aug 2016RentedNew contract
AED 240,000/yr12 months · AED 39 per sqft
5 Oct 2015Sold by developerReady
AED 2,600,000AED 419 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
4-bed apartment
Size
6,191 sqft
Floor
20th of 47
Parking
M521/ M522
Developer
Dubai Properties
Completed
2007
Service charge
AED 110,900 /yr
Last sold
AED 7.45M · May 2023
Building
Sadaf 8

About 2001, Sadaf 8

2001 is a four-bedroom apartment of 6,191 sqft on the 20th 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 7,450,000, or AED 1,203 per sqft, 31% above the AED 915 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 July 2020, is AED 190,000 a year: a gross yield of 2.5% on the 2023 price, before the service charge of about AED 110,900 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical four-bed in Sadaf 8
05M20072012201720222027Typical 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, October 2015: AED 2,600,000 (AED 419 per sqft)Sold, January 2022: AED 5,400,000 (AED 872 per sqft)Sold, May 2023: AED 7,450,000 (AED 1,203 per sqft)

2001 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2001, each contractTypical four-bed in Sadaf 8
150K200K250K2012201620202024Typical 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 2014: AED 240,000 a yearRenewal, August 2015: AED 240,000 a yearNew contract, August 2016: AED 240,000 a yearRenewal, August 2017: AED 240,000 a yearRenewal, August 2018: AED 211,000 a yearNew contract, July 2019: AED 190,000 a yearRenewal, July 2020: AED 190,000 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 2001 sits

All 89 4-beds →

2001 last sold in May 2023 at AED 1,203 per sqft, 31% above what four-beds in Sadaf 8 were fetching at the time (AED 915). 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. 2001's AED 190,000 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 20th floor

All 164 units in Sadaf 8
Value
20024-bedAED 2.8M · Dec 2017

2001, Sadaf 8 in numbers

  • Sold 3 times: first on 5 October 2015 for AED 2,600,000, last on 9 May 2023 for AED 7,450,000 (AED 1,203 per sqft).
  • Rented since August 2014 on 7 Ejari contracts, from AED 240,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 2.5%, before a service charge of about AED 110,900 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 May 2023.

Questions about 2001, Sadaf 8

What did unit 2001 last sell for?

AED 7,450,000 on 9 May 2023: AED 1,203 per sqft for 6,191 sqft. The unit has 3 registered sales; the first was AED 2,600,000 in October 2015.

What is the rent for unit 2001?

AED 190,000 a year on the contract renewed on 15 July 2020. The previous contract, from July 2019, was AED 190,000; the unit has been rented since August 2014.

How big is unit 2001?

6,191 sqft (575.2 sqm): a four-bedroom apartment on the 20th floor of a 47-storey tower completed in 2007.

What is unit 2001 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 2001, Sadaf 8

Starts from the last sale price (AED 7.45M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,450,000
Deposit, UAE resident (20%)
AED 1,490,000
Deposit, non-resident (40%)
AED 2,980,000
Monthly over 25 years at 3.7%
AED 30,480

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