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

2902, Sadaf 8

Sold prices and rental history: sold 3 times, last in February 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 15 March 2017
Last soldAED 3.3M20 February 2014
Current rentAED 227K /yr15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Sadaf 8

What is 2902 worth today?

Last sold for AED 3,300,000 in 2014

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15 Mar 2017RentedRenewal
AED 227,000/yr12 months · AED 80 per sqft
15 Mar 2016RentedNew contract
AED 227,000/yr12 months · AED 80 per sqft
20 Feb 2014SoldReady
AED 3,300,000AED 1,167 per sqft
30 Mar 2013RentedNew contract
AED 145,000/yr12 months · AED 51 per sqft
1 Nov 2010SoldReady
AED 2,400,000AED 848 per sqft
11 Aug 2008Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 15 March 2017.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
29th of 47
Parking
G359/360
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.3M · February 2014
Building
Sadaf 8

About 2902, Sadaf 8

2902 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 20 February 2014 for AED 3,300,000, or AED 1,167 per sqft, 13% above the AED 1,037 four-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 March 2017, is AED 227,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 50,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 335 per sqft)Sold, November 2010: AED 2,400,000 (AED 848 per sqft)Sold, February 2014: AED 3,300,000 (AED 1,167 per sqft)

2902 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2902, 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, March 2013: AED 145,000 a yearNew contract, March 2016: AED 227,000 a yearRenewal, March 2017: AED 227,000 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 2902 sits

All 89 4-beds →

2902 last sold in February 2014 at AED 1,167 per sqft, 13% above what four-beds in Sadaf 8 were fetching at the time (AED 1,037). 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. 2902's AED 227,000 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
29014-bedAED 3.55M · Jun 2024

2902, Sadaf 8 in numbers

  • Sold 3 times: first on 11 August 2008 for AED 949,000, last on 20 February 2014 for AED 3,300,000 (AED 1,167 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 145,000 to AED 227,000 a year.
  • At AED 227,000 a year the gross yield on the 2014 price is 6.9%, 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 15 March 2017.

Questions about 2902, Sadaf 8

What did unit 2902 last sell for?

AED 3,300,000 on 20 February 2014: AED 1,167 per sqft for 2,827 sqft. The unit has 3 registered sales; the first was AED 949,000 in August 2008.

What is the rent for unit 2902?

AED 227,000 a year on the contract renewed on 15 March 2017. The previous contract, from March 2016, was AED 227,000; the unit has been rented since March 2013.

How big is unit 2902?

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 2902 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 2902, Sadaf 8

Starts from the last sale price (AED 3.3M, 20 February 2014). 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 →