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

3402, Sadaf 8

Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 3.05M30 January 2024
Current rentAED 275K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3402, Sadaf 8

What is 3402 worth today?

Last sold for AED 3,050,000 in 2024

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5 Jun 2024RentedNew contract
AED 275,000/yr12 months · AED 97 per sqft
30 Jan 2024SoldReady
AED 3,050,000AED 1,078 per sqft
16 Jan 2008SoldReady
AED 2,988,600AED 1,057 per sqft
27 Sep 2007Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
34th of 47
Parking
G296/ G297
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.05M · January 2024
Building
Sadaf 8

About 3402, Sadaf 8

3402 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 30 January 2024 for AED 3,050,000, or AED 1,078 per sqft, in line with the AED 1,087 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 June 2024. The current contract, signed on 5 June 2024, is AED 275,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 50,600 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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, September 2007: AED 949,000 (AED 335 per sqft)Sold, January 2008: AED 2,988,600 (AED 1,057 per sqft)Sold, January 2024: AED 3,050,000 (AED 1,078 per sqft)

3402 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3402, each contractTypical four-bed in Sadaf 8
200K300K2012201620202024Typical 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, June 2024: AED 275,000 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 3402 sits

All 89 4-beds →

3402 last sold in January 2024 at AED 1,078 per sqft, in line with what four-beds in Sadaf 8 were fetching at the time (AED 1,087). 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. 3402's AED 275,000 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
34014-bedAED 3.49M · Sep 2013

3402, Sadaf 8 in numbers

  • Sold 3 times: first on 27 September 2007 for AED 949,000, last on 30 January 2024 for AED 3,050,000 (AED 1,078 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2024 price is 9.0%, 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 5 June 2024.

Questions about 3402, Sadaf 8

What did unit 3402 last sell for?

AED 3,050,000 on 30 January 2024: AED 1,078 per sqft for 2,827 sqft. The unit has 3 registered sales; the first was AED 949,000 in September 2007.

What is the rent for unit 3402?

AED 275,000 a year on the contract signed on 5 June 2024.

How big is unit 3402?

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 3402 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 3402, Sadaf 8

Starts from the last sale price (AED 3.05M, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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