4-bed · 2,827 sqftSadaf 8, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Sadaf 8

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

Unit 3401 · DLD and Ejari recordsUpdated 10 December 2015
Last soldAED 3.49M26 September 2013
Current rentAED 220K /yr10 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Sadaf 8

What is 3401 worth today?

Last sold for AED 3,490,000 in 2013

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10 Dec 2015RentedRenewal
AED 220,000/yr12 months · AED 78 per sqft
10 Dec 2014RentedRenewal
AED 220,000/yr12 months · AED 78 per sqft
10 Dec 2013RentedNew contract
AED 220,000/yr12 months · AED 78 per sqft
26 Sep 2013SoldReady
AED 3,490,000AED 1,234 per sqft
14 May 2012Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 10 December 2015.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
34th of 47
Parking
G315/ G316
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.49M · September 2013
Building
Sadaf 8

About 3401, Sadaf 8

3401 is a four-bedroom apartment of 2,827 sqft on the 34th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 September 2013 for AED 3,490,000, or AED 1,234 per sqft, 34% above the AED 920 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 10 December 2015, is AED 220,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 50,600 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, May 2012: AED 949,000 (AED 335 per sqft)Sold, September 2013: AED 3,490,000 (AED 1,234 per sqft)

3401 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3401, 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, December 2013: AED 220,000 a yearRenewal, December 2014: AED 220,000 a yearRenewal, December 2015: AED 220,000 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 3401 sits

All 89 4-beds →

3401 last sold in September 2013 at AED 1,234 per sqft, 34% above what four-beds in Sadaf 8 were fetching at the time (AED 920). 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. 3401's AED 220,000 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 34th floor

All 164 units in Sadaf 8
Value
34024-bedAED 3.05M · Jan 2024

3401, Sadaf 8 in numbers

  • Sold twice: first on 14 May 2012 for AED 949,000, last on 26 September 2013 for AED 3,490,000 (AED 1,234 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2013 price is 6.3%, 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 10 December 2015.

Questions about 3401, Sadaf 8

What did unit 3401 last sell for?

AED 3,490,000 on 26 September 2013: AED 1,234 per sqft for 2,827 sqft. The unit has 2 registered sales; the first was AED 949,000 in May 2012.

What is the rent for unit 3401?

AED 220,000 a year on the contract renewed on 10 December 2015. The previous contract, from December 2014, was AED 220,000; the unit has been rented since December 2013.

How big is unit 3401?

2,827 sqft (262.6 sqm): a four-bedroom apartment on the 34th floor of a 47-storey tower completed in 2007.

What is unit 3401 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 3401, Sadaf 8

Starts from the last sale price (AED 3.49M, 26 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,490,000
Deposit, UAE resident (20%)
AED 698,000
Deposit, non-resident (40%)
AED 1,396,000
Monthly over 25 years at 3.7%
AED 14,279

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