4-bed · 2,827 sqftSadaf 8, Jumeirah Beach Residence · 28th floor · completed 2007

2802, Sadaf 8

Sold prices and rental history: sold twice, last in June 2016, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2802 · DLD and Ejari recordsUpdated 28 August 2023
Last soldAED 3.3M29 June 2016
Current rentAED 140K /yr28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2802, Sadaf 8

What is 2802 worth today?

Last sold for AED 3,300,000 in 2016

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28 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 49 per sqft
29 Jun 2016SoldReady
AED 3,300,000AED 1,167 per sqft
29 Jan 2008Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 28 August 2023.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
28th of 47
Parking
M459/460
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.3M · June 2016
Building
Sadaf 8

About 2802, Sadaf 8

2802 is a four-bedroom apartment of 2,827 sqft on the 28th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 29 June 2016 for AED 3,300,000, or AED 1,167 per sqft, 95% above the AED 598 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2023. The current contract, signed on 28 August 2023, is AED 140,000 a year: a gross yield of 4.2% on the 2016 price, before the service charge of about AED 50,600 a year.

Sales and rents for 2802 over time

Sales
Unit 2802, 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 2008: AED 949,000 (AED 335 per sqft)Sold, June 2016: AED 3,300,000 (AED 1,167 per sqft)

2802 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2802, 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, August 2023: AED 140,000 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 2802 sits

All 89 4-beds →

2802 last sold in June 2016 at AED 1,167 per sqft, 95% above what four-beds in Sadaf 8 were fetching at the time (AED 598). 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. 2802's AED 140,000 is at the bottom 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 28th floor

All 164 units in Sadaf 8
Value
28014-bedAED 1.6M · Jun 2015

2802, Sadaf 8 in numbers

  • Sold twice: first on 29 January 2008 for AED 949,000, last on 29 June 2016 for AED 3,300,000 (AED 1,167 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 4.2%, before a service charge of about AED 50,600 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 28 August 2023.

Questions about 2802, Sadaf 8

What did unit 2802 last sell for?

AED 3,300,000 on 29 June 2016: AED 1,167 per sqft for 2,827 sqft. The unit has 2 registered sales; the first was AED 949,000 in January 2008.

What is the rent for unit 2802?

AED 140,000 a year on the contract signed on 28 August 2023.

How big is unit 2802?

2,827 sqft (262.6 sqm): a four-bedroom apartment on the 28th floor of a 47-storey tower completed in 2007.

What is unit 2802 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 2802, Sadaf 8

Starts from the last sale price (AED 3.3M, 29 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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