4-bed · 2,827 sqftSadaf 8, Jumeirah Beach Residence · 38th floor · completed 2007

3802, Sadaf 8

Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 994K15 November 2009
Current rentAED 150K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, Sadaf 8

What is 3802 worth today?

Last sold for AED 994,000 in 2009

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25 Oct 2022RentedRenewal
AED 150,150/yr12 months · AED 53 per sqft
25 Oct 2021RentedRenewal
AED 136,500/yr12 months · AED 48 per sqft
25 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 46 per sqft
25 Oct 2019RentedNew contract
AED 145,000/yr12 months · AED 51 per sqft
25 Oct 2018RentedNew contract
AED 145,000/yr12 months · AED 51 per sqft
15 Nov 2009SoldReady
AED 994,000AED 351 per sqft
14 Nov 2007Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 25 October 2022.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
38th of 47
Parking
M650/ M651
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 994K · November 2009
Building
Sadaf 8

About 3802, Sadaf 8

3802 is a four-bedroom apartment of 2,827 sqft on the 38th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 November 2009 for AED 994,000, or AED 351 per sqft, 4% above the AED 337 four-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 October 2022, is AED 150,150 a year: a gross yield of 15.1% on the 2009 price, before the service charge of about AED 50,600 a year.

Sales and rents for 3802 over time

Sales
Unit 3802, 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, November 2007: AED 949,000 (AED 335 per sqft)Sold, November 2009: AED 994,000 (AED 351 per sqft)

3802 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3802, 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, October 2018: AED 145,000 a yearNew contract, October 2019: AED 145,000 a yearRenewal, October 2020: AED 130,000 a yearRenewal, October 2021: AED 136,500 a yearRenewal, October 2022: AED 150,150 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 3802 sits

All 89 4-beds →

3802 last sold in November 2009 at AED 351 per sqft, 4% above what four-beds in Sadaf 8 were fetching at the time (AED 337). 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. 3802's AED 150,150 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 38th floor

All 164 units in Sadaf 8
Value
38014-bedAED 3.1M · Jul 2023

3802, Sadaf 8 in numbers

  • Sold twice: first on 14 November 2007 for AED 949,000, last on 15 November 2009 for AED 994,000 (AED 351 per sqft).
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 130,000 in 2020 and recovered to AED 150,150 by October 2022.
  • At AED 150,150 a year the gross yield on the 2009 price is 15.1%, 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 25 October 2022.

Questions about 3802, Sadaf 8

What did unit 3802 last sell for?

AED 994,000 on 15 November 2009: AED 351 per sqft for 2,827 sqft. The unit has 2 registered sales; the first was AED 949,000 in November 2007.

What is the rent for unit 3802?

AED 150,150 a year on the contract renewed on 25 October 2022. The previous contract, from October 2021, was AED 136,500; the unit has been rented since October 2018.

How big is unit 3802?

2,827 sqft (262.6 sqm): a four-bedroom apartment on the 38th floor of a 47-storey tower completed in 2007.

What is unit 3802 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 3802, Sadaf 8

Starts from the last sale price (AED 994K, 15 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 994,000
Deposit, UAE resident (20%)
AED 198,800
Deposit, non-resident (40%)
AED 397,600
Monthly over 25 years at 3.7%
AED 4,067

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