4-bed · 2,851 sqftSadaf 8, Jumeirah Beach Residence · 45th floor · completed 2007

4502, Sadaf 8

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 2 January 2017
Last soldAED 949K15 November 2009
Current rentAED 200K /yr2 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Sadaf 8

What is 4502 worth today?

Last sold for AED 949,000 in 2009

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2 Jan 2017RentedRenewal
AED 200,000/yr12 months · AED 70 per sqft
2 Jan 2016RentedNew contract
AED 220,000/yr12 months · AED 77 per sqft
27 Jan 2015RentedNew contract
AED 250,000/yr12 months · AED 88 per sqft
27 Jan 2014RentedNew contract
AED 250,000/yr12 months · AED 88 per sqft
27 Jan 2013RentedNew contract
AED 245,000/yr12 months · AED 86 per sqft
15 Nov 2009Sold by developerReady
AED 949,000AED 332 per sqft

Source: Dubai Land Department. Updated 2 January 2017.

Key facts

Type
4-bed apartment
Size
2,851 sqft
Floor
45th of 47
Parking
M441/ M442
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,100 /yr
Last sold
AED 949K · November 2009
Building
Sadaf 8

About 4502, Sadaf 8

4502 is a four-bedroom apartment of 2,851 sqft on the 45th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 15 November 2009 for AED 949,000, or AED 332 per sqft, in line with the AED 337 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 2 January 2017, is AED 200,000 a year: a gross yield of 21.1% on the 2009 price, before the service charge of about AED 51,100 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, 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 2009: AED 949,000 (AED 332 per sqft)

4502 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4502, 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, January 2013: AED 245,000 a yearNew contract, January 2014: AED 250,000 a yearNew contract, January 2015: AED 250,000 a yearNew contract, January 2016: AED 220,000 a yearRenewal, January 2017: AED 200,000 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 4502 sits

All 89 4-beds →

4502 last sold in November 2009 at AED 332 per sqft, in line with 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. 4502's AED 200,000 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 45th floor

All 164 units in Sadaf 8
Value
45014-bedAED 4M · Oct 2026

4502, Sadaf 8 in numbers

  • Sold once: by Dubai Properties on 15 November 2009 for AED 949,000, or AED 332 per sqft.
  • Rented since January 2013 on 5 Ejari contracts, from AED 245,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2009 price is 21.1%, 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 January 2017.

Questions about 4502, Sadaf 8

What did unit 4502 last sell for?

AED 949,000 on 15 November 2009, sold by the developer: AED 332 per sqft for 2,851 sqft. It is the only registered sale of the unit.

What is the rent for unit 4502?

AED 200,000 a year on the contract renewed on 2 January 2017. The previous contract, from January 2016, was AED 220,000; the unit has been rented since January 2013.

How big is unit 4502?

2,851 sqft (264.9 sqm): a four-bedroom apartment on the 45th floor of a 47-storey tower completed in 2007.

What is unit 4502 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 4502, Sadaf 8

Starts from the last sale price (AED 949K, 15 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 949,000
Deposit, UAE resident (20%)
AED 189,800
Deposit, non-resident (40%)
AED 379,600
Monthly over 25 years at 3.7%
AED 3,883

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