4-bed · 2,815 sqftSadaf 8, Jumeirah Beach Residence · 25th floor · completed 2007

2501, Sadaf 8

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 22 April 2024
Last soldAED 3.4M22 April 2024
Current rentAED 210K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Sadaf 8

What is 2501 worth today?

Last sold for AED 3,400,000 in 2024

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22 Apr 2024SoldReady
AED 3,400,000AED 1,207 per sqft
15 May 2023RentedNew contract
AED 210,000/yr12 months · AED 75 per sqft
20 Oct 2021RentedNew contract
AED 160,000/yr12 months · AED 57 per sqft
15 Dec 2019RentedNew contract
AED 180,000/yr12 months · AED 64 per sqft
15 Dec 2017RentedNew contract
AED 205,000/yr12 months · AED 73 per sqft
10 Nov 2015RentedRenewal
AED 220,000/yr12 months · AED 78 per sqft
10 Nov 2014RentedRenewal
AED 210,000/yr12 months · AED 75 per sqft
10 Nov 2013RentedNew contract
AED 200,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 22 April 2024.

Key facts

Type
4-bed apartment
Size
2,815 sqft
Floor
25th of 47
Parking
G585/586
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,400 /yr
Last sold
AED 3.4M · April 2024
Building
Sadaf 8

About 2501, Sadaf 8

2501 is a four-bedroom apartment of 2,815 sqft on the 25th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 April 2024 for AED 3,400,000, or AED 1,207 per sqft, 9% above the AED 1,103 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 May 2023, is AED 210,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 50,400 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, January 2009: AED 949,000 (AED 337 per sqft)Sold, May 2013: AED 2,900,000 (AED 1,030 per sqft)Sold, April 2024: AED 3,400,000 (AED 1,207 per sqft)

2501 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2501, 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, November 2013: AED 200,000 a yearRenewal, November 2014: AED 210,000 a yearRenewal, November 2015: AED 220,000 a yearNew contract, December 2017: AED 205,000 a yearNew contract, December 2019: AED 180,000 a yearNew contract, October 2021: AED 160,000 a yearNew contract, May 2023: AED 210,000 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 2501 sits

All 89 4-beds →

2501 last sold in April 2024 at AED 1,207 per sqft, 9% above what four-beds in Sadaf 8 were fetching at the time (AED 1,103). 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. 2501's AED 210,000 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 25th floor

All 164 units in Sadaf 8
Value
25024-bedAED 3M · Nov 2007

2501, Sadaf 8 in numbers

  • Sold 3 times: first on 5 January 2009 for AED 949,000, last on 22 April 2024 for AED 3,400,000 (AED 1,207 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 160,000 in 2021 and recovered to AED 210,000 by May 2023.
  • At AED 210,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 50,400 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 22 April 2024.

Questions about 2501, Sadaf 8

What did unit 2501 last sell for?

AED 3,400,000 on 22 April 2024: AED 1,207 per sqft for 2,815 sqft. The unit has 3 registered sales; the first was AED 949,000 in January 2009.

What is the rent for unit 2501?

AED 210,000 a year on the contract signed on 15 May 2023. The previous contract, from October 2021, was AED 160,000; the unit has been rented since November 2013.

How big is unit 2501?

2,815 sqft (261.5 sqm): a four-bedroom apartment on the 25th floor of a 47-storey tower completed in 2007.

What is unit 2501 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 2501, Sadaf 8

Starts from the last sale price (AED 3.4M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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