4-bed · 2,815 sqftSadaf 8, Jumeirah Beach Residence · 27th floor · completed 2007

2701, Sadaf 8

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 949K28 August 2008
Current rentAED 300K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Sadaf 8

What is 2701 worth today?

Last sold for AED 949,000 in 2008

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1 Sep 2024RentedNew contract
AED 300,000/yr12 months · AED 107 per sqft
23 Sep 2023RentedRenewal
AED 200,000/yr12 months · AED 71 per sqft
23 Sep 2022RentedRenewal
AED 160,000/yr12 months · AED 57 per sqft
23 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 57 per sqft
30 Jul 2020RentedRenewal
AED 136,000/yr12 months · AED 48 per sqft
30 Jul 2019RentedNew contract
AED 165,000/yr12 months · AED 59 per sqft
1 Feb 2018RentedNew contract
AED 190,000/yr12 months · AED 68 per sqft
1 Feb 2017RentedNew contract
AED 190,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
4-bed apartment
Size
2,815 sqft
Floor
27th of 47
Parking
G591/592
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,400 /yr
Last sold
AED 949K · August 2008
Building
Sadaf 8

About 2701, Sadaf 8

2701 is a four-bedroom apartment of 2,815 sqft on the 27th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 28 August 2008 for AED 949,000, or AED 337 per sqft, in line with the AED 343 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 September 2024, is AED 300,000 a year: a gross yield of 31.6% on the 2008 price, before the service charge of about AED 50,400 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, August 2008: AED 949,000 (AED 337 per sqft)

2701 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2701, each contractTypical four-bed in Sadaf 8
200K300K2012201620202024Typical 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, April 2015: AED 260,000 a yearNew contract, February 2017: AED 190,000 a yearNew contract, February 2018: AED 190,000 a yearNew contract, July 2019: AED 165,000 a yearRenewal, July 2020: AED 136,000 a yearNew contract, September 2021: AED 160,000 a yearRenewal, September 2022: AED 160,000 a yearRenewal, September 2023: AED 200,000 a yearNew contract, September 2024: AED 300,000 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 2701 sits

All 89 4-beds →

2701 last sold in August 2008 at AED 337 per sqft, in line with what four-beds in Sadaf 8 were fetching at the time (AED 343). 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. 2701's AED 300,000 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 27th floor

All 164 units in Sadaf 8
Value
27024-bedAED 2.8M · Nov 2018

2701, Sadaf 8 in numbers

  • Sold once: by Dubai Properties on 28 August 2008 for AED 949,000, or AED 337 per sqft.
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 260,000 to AED 136,000 in 2020 and recovered to AED 300,000 by September 2024.
  • At AED 300,000 a year the gross yield on the 2008 price is 31.6%, 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 1 September 2024.

Questions about 2701, Sadaf 8

What did unit 2701 last sell for?

AED 949,000 on 28 August 2008, sold by the developer: AED 337 per sqft for 2,815 sqft. It is the only registered sale of the unit.

What is the rent for unit 2701?

AED 300,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 200,000; the unit has been rented since April 2015.

How big is unit 2701?

2,815 sqft (261.5 sqm): a four-bedroom apartment on the 27th floor of a 47-storey tower completed in 2007.

What is unit 2701 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 2701, Sadaf 8

Starts from the last sale price (AED 949K, 28 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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