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

2702, Sadaf 8

Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 1 November 2018
Last soldAED 2.8M1 November 2018
Current rentAED 230K /yr15 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Sadaf 8

What is 2702 worth today?

Last sold for AED 2,800,000 in 2018

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1 Nov 2018SoldReady
AED 2,800,000AED 994 per sqft
15 Oct 2017RentedRenewal
AED 229,950/yr8 months · AED 82 per sqft
15 Oct 2016RentedRenewal
AED 210,000/yr12 months · AED 75 per sqft
15 Oct 2015RentedNew contract
AED 210,000/yr12 months · AED 75 per sqft
10 Jan 2015RentedNew contract
AED 203,500/yr12 months · AED 72 per sqft
10 Jan 2014RentedNew contract
AED 185,000/yr12 months · AED 66 per sqft
28 Jan 2013Sold by developerReady
AED 949,000AED 337 per sqft
10 Jan 2013RentedNew contract
AED 185,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 November 2018.

Key facts

Type
4-bed apartment
Size
2,815 sqft
Floor
27th of 47
Parking
G293/ G294
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,400 /yr
Last sold
AED 2.8M · November 2018
Building
Sadaf 8

About 2702, Sadaf 8

2702 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. It last sold on 1 November 2018 for AED 2,800,000, or AED 994 per sqft, in line with the AED 1,007 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 October 2017, is AED 229,950 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 50,400 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, 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 2013: AED 949,000 (AED 337 per sqft)Sold, November 2018: AED 2,800,000 (AED 994 per sqft)

2702 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2702, 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, January 2013: AED 185,000 a yearNew contract, January 2014: AED 185,000 a yearNew contract, January 2015: AED 203,500 a yearNew contract, October 2015: AED 210,000 a yearRenewal, October 2016: AED 210,000 a yearRenewal, October 2017: AED 229,950 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 2702 sits

All 89 4-beds →

2702 last sold in November 2018 at AED 994 per sqft, in line with what four-beds in Sadaf 8 were fetching at the time (AED 1,007). 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. 2702's AED 229,950 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
27014-bedAED 949K · Aug 2008

2702, Sadaf 8 in numbers

  • Sold twice: first on 28 January 2013 for AED 949,000, last on 1 November 2018 for AED 2,800,000 (AED 994 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 185,000 to AED 229,950 a year.
  • At AED 229,950 a year the gross yield on the 2018 price is 8.2%, 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 1 November 2018.

Questions about 2702, Sadaf 8

What did unit 2702 last sell for?

AED 2,800,000 on 1 November 2018: AED 994 per sqft for 2,815 sqft. The unit has 2 registered sales; the first was AED 949,000 in January 2013.

What is the rent for unit 2702?

AED 229,950 a year on the contract renewed on 15 October 2017. The previous contract, from October 2016, was AED 210,000; the unit has been rented since January 2013.

How big is unit 2702?

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 2702 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 2702, Sadaf 8

Starts from the last sale price (AED 2.8M, 1 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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