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

4002, Sadaf 8

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 2 October 2019
Last soldAED 4.6M24 July 2008
Current rentAED 100K /yr2 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Sadaf 8

What is 4002 worth today?

Last sold for AED 4,600,000 in 2008

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2 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 35 per sqft
2 Oct 2018RentedRenewal
AED 150,000/yr12 months · AED 53 per sqft
20 Sep 2017RentedRenewal
AED 203,226/yr12 months · AED 71 per sqft
20 Sep 2016RentedNew contract
AED 225,000/yr12 months · AED 79 per sqft
24 Jul 2008SoldReady
AED 4,600,000AED 1,613 per sqft
13 Sep 2007Sold by developerReady
AED 949,000AED 332 per sqft

Source: Dubai Land Department. Updated 2 October 2019.

Key facts

Type
4-bed apartment
Size
2,851 sqft
Floor
40th of 47
Parking
G571/572
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,100 /yr
Last sold
AED 4.6M · July 2008
Building
Sadaf 8

About 4002, Sadaf 8

4002 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 24 July 2008 for AED 4,600,000, or AED 1,613 per sqft, 364% above the AED 348 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 2 October 2019, is AED 100,000 a year: a gross yield of 2.2% on the 2008 price, before the service charge of about AED 51,100 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, 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 332 per sqft)Sold, July 2008: AED 4,600,000 (AED 1,613 per sqft)

4002 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4002, each contractTypical four-bed in Sadaf 8
100K200K2012201620202024Typical 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, September 2016: AED 225,000 a yearRenewal, September 2017: AED 203,226 a yearRenewal, October 2018: AED 150,000 a yearRenewal, October 2019: AED 100,000 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 4002 sits

All 89 4-beds →

4002 last sold in July 2008 at AED 1,613 per sqft, 364% above what four-beds in Sadaf 8 were fetching at the time (AED 348). 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. 4002's AED 100,000 is at the bottom 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
40014-bedAED 3.05M · Mar 2017

4002, Sadaf 8 in numbers

  • Sold twice: first on 13 September 2007 for AED 949,000, last on 24 July 2008 for AED 4,600,000 (AED 1,613 per sqft).
  • Rented since September 2016 on 4 Ejari contracts, from AED 225,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2008 price is 2.2%, 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 2 October 2019.

Questions about 4002, Sadaf 8

What did unit 4002 last sell for?

AED 4,600,000 on 24 July 2008: AED 1,613 per sqft for 2,851 sqft. The unit has 2 registered sales; the first was AED 949,000 in September 2007.

What is the rent for unit 4002?

AED 100,000 a year on the contract renewed on 2 October 2019. The previous contract, from October 2018, was AED 150,000; the unit has been rented since September 2016.

How big is unit 4002?

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 4002 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 4002, Sadaf 8

Starts from the last sale price (AED 4.6M, 24 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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