4-bed · 2,827 sqftSadaf 8, Jumeirah Beach Residence · 29th floor · completed 2007

2901, Sadaf 8

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 3.55M21 June 2024
Current rentAED 250K /yr12 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Sadaf 8

What is 2901 worth today?

Last sold for AED 3,550,000 in 2024

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21 Jun 2024SoldReady
AED 3,550,000AED 1,255 per sqft
12 Mar 2023RentedNew contract
AED 250,000/yr12 months · AED 88 per sqft
14 Jun 2021SoldReady
AED 2,100,000AED 742 per sqft
15 Nov 2020RentedNew contract
AED 128,000/yr12 months · AED 45 per sqft
1 Sep 2019RentedRenewal
AED 175,000/yr12 months · AED 62 per sqft
1 Sep 2018RentedNew contract
AED 185,000/yr12 months · AED 65 per sqft
21 Mar 2016SoldReady
AED 3,200,000AED 1,131 per sqft
1 Apr 2008SoldReady
AED 3,450,000AED 1,220 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
29th of 47
Parking
G326/ G327
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.55M · June 2024
Building
Sadaf 8

About 2901, Sadaf 8

2901 is a four-bedroom apartment of 2,827 sqft on the 29th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 June 2024 for AED 3,550,000, or AED 1,255 per sqft, 14% above the AED 1,105 four-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 12 March 2023, is AED 250,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 50,600 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, December 2007: AED 949,000 (AED 335 per sqft)Sold, April 2008: AED 3,450,000 (AED 1,220 per sqft)Sold, March 2016: AED 3,200,000 (AED 1,131 per sqft)Sold, June 2021: AED 2,100,000 (AED 742 per sqft)Sold, June 2024: AED 3,550,000 (AED 1,255 per sqft)

2901 has sold 5 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2901, each contractTypical four-bed in Sadaf 8
200K2012201620202024Typical 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, September 2018: AED 185,000 a yearRenewal, September 2019: AED 175,000 a yearNew contract, November 2020: AED 128,000 a yearNew contract, March 2023: AED 250,000 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 2901 sits

All 89 4-beds →

2901 last sold in June 2024 at AED 1,255 per sqft, 14% above what four-beds in Sadaf 8 were fetching at the time (AED 1,105). 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. 2901's AED 250,000 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 29th floor

All 164 units in Sadaf 8
Value
29024-bedAED 3.3M · Feb 2014

2901, Sadaf 8 in numbers

  • Sold 5 times: first on 26 December 2007 for AED 949,000, last on 21 June 2024 for AED 3,550,000 (AED 1,255 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 185,000 to AED 128,000 in 2020 and recovered to AED 250,000 by March 2023.
  • At AED 250,000 a year the gross yield on the 2024 price is 7.0%, 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 21 June 2024.

Questions about 2901, Sadaf 8

What did unit 2901 last sell for?

AED 3,550,000 on 21 June 2024: AED 1,255 per sqft for 2,827 sqft. The unit has 5 registered sales; the first was AED 949,000 in December 2007.

What is the rent for unit 2901?

AED 250,000 a year on the contract signed on 12 March 2023. The previous contract, from November 2020, was AED 128,000; the unit has been rented since September 2018.

How big is unit 2901?

2,827 sqft (262.6 sqm): a four-bedroom apartment on the 29th floor of a 47-storey tower completed in 2007.

What is unit 2901 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 2901, Sadaf 8

Starts from the last sale price (AED 3.55M, 21 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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