4-bed · 2,851 sqftSadaf 8, Jumeirah Beach Residence · 40th floor · completed 2007

4001, Sadaf 8

Sold prices and rental history: sold twice, last in March 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 9 March 2017
Last soldAED 3.05M9 March 2017
Current rentAED 260K /yr3 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Sadaf 8

What is 4001 worth today?

Last sold for AED 3,050,000 in 2017

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9 Mar 2017SoldReady
AED 3,050,000AED 1,069 per sqft
3 Jul 2015RentedNew contract
AED 260,000/yr12 months · AED 91 per sqft
3 Jul 2014RentedNew contract
AED 250,000/yr12 months · AED 88 per sqft
6 Jun 2013RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
10 Feb 2008Sold by developerReady
AED 949,000AED 332 per sqft

Source: Dubai Land Department. Updated 9 March 2017.

Key facts

Type
4-bed apartment
Size
2,851 sqft
Floor
40th of 47
Parking
M457/ M458
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,100 /yr
Last sold
AED 3.05M · March 2017
Building
Sadaf 8

About 4001, Sadaf 8

4001 is a four-bedroom apartment of 2,851 sqft on the 40th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 March 2017 for AED 3,050,000, or AED 1,069 per sqft, in line with the AED 1,067 four-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 3 July 2015, is AED 260,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 51,100 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, 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, February 2008: AED 949,000 (AED 332 per sqft)Sold, March 2017: AED 3,050,000 (AED 1,069 per sqft)

4001 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4001, 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, June 2013: AED 200,000 a yearNew contract, July 2014: AED 250,000 a yearNew contract, July 2015: AED 260,000 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 4001 sits

All 89 4-beds →

4001 last sold in March 2017 at AED 1,069 per sqft, in line with what four-beds in Sadaf 8 were fetching at the time (AED 1,067). 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. 4001's AED 260,000 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 40th floor

All 164 units in Sadaf 8
Value
40024-bedAED 4.6M · Jul 2008

4001, Sadaf 8 in numbers

  • Sold twice: first on 10 February 2008 for AED 949,000, last on 9 March 2017 for AED 3,050,000 (AED 1,069 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 200,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 51,100 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 9 March 2017.

Questions about 4001, Sadaf 8

What did unit 4001 last sell for?

AED 3,050,000 on 9 March 2017: AED 1,069 per sqft for 2,851 sqft. The unit has 2 registered sales; the first was AED 949,000 in February 2008.

What is the rent for unit 4001?

AED 260,000 a year on the contract signed on 3 July 2015. The previous contract, from July 2014, was AED 250,000; the unit has been rented since June 2013.

How big is unit 4001?

2,851 sqft (264.9 sqm): a four-bedroom apartment on the 40th floor of a 47-storey tower completed in 2007.

What is unit 4001 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 4001, Sadaf 8

Starts from the last sale price (AED 3.05M, 9 March 2017). 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 →