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3-bed · 1,903 sqftSadaf 8, Jumeirah Beach Residence · 7th floor · completed 2007

701, Sadaf 8

Sold prices and rental history: sold twice, last in December 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 7 December 2011
Last soldAED 1.6M7 December 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Sadaf 8

What is 701 worth today?

Last sold for AED 1,600,000 in 2011

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7 Dec 2011SoldReady
AED 1,600,000AED 840 per sqft
16 Aug 2010Sold by developerReady
AED 1,155,000AED 606 per sqft

Source: Dubai Land Department. Updated 7 December 2011.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
7th of 47
Parking
B774/ B775
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 1.6M · December 2011
Building
Sadaf 8

About 701, Sadaf 8

701 is a three-bedroom apartment of 1,903 sqft on the 7th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 December 2011 for AED 1,600,000, or AED 840 per sqft, in line with the AED 856 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Sadaf 8
1M2M20072012201720222027Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 999,500; 2010 AED 1,965,000; 2011 AED 1,575,000; 2012 AED 1,815,000; 2013 AED 1,940,000; 2014 AED 2,110,000; 2015 AED 2,627,500; 2016 AED 2,350,000; 2019 AED 1,600,000; 2020 AED 1,400,000; 2021 AED 1,500,000; 2022 AED 1,835,000; 2023 AED 2,070,000; 2024 AED 2,400,000; 2025 AED 2,500,000; 2026 AED 2,580,000Sold by developer, August 2010: AED 1,155,000 (AED 606 per sqft)Sold, December 2011: AED 1,600,000 (AED 840 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in Sadaf 8
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 138,000; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 123,501; 2020 AED 105,000; 2021 AED 103,500; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 162,750; 2025 AED 162,750; 2026 AED 165,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sadaf 8, and where 701 sits

All 76 3-beds →

701 last sold in December 2011 at AED 840 per sqft, in line with what three-beds in Sadaf 8 were fetching at the time (AED 856). Over the last 12 months three-beds sold for AED 2,500,000 to 2,800,000, around AED 1,353 per sqft, and rent for AED 51,184 to 255,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Sep 20262,500,000
21 Sep 20262,800,000
6 Aug 20262,575,000
5 Aug 20262,585,000
5 3-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 7th floor

All 164 units in Sadaf 8
Value
7023-bedAED 2.23M · Mar 2018
7034-bedAED 1.2M · Feb 2015
7044-bedAED 3.43M · Aug 2024
7053-bedAED 1.23M · Oct 2020
7063-bedAED 1.45M · Mar 2021

701, Sadaf 8 in numbers

  • Sold twice: first on 16 August 2010 for AED 1,155,000, last on 7 December 2011 for AED 1,600,000 (AED 840 per sqft).
  • Three-beds in Sadaf 8 sold for AED 2,500,000–2,800,000 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 7 December 2011.

Questions about 701, Sadaf 8

What did unit 701 last sell for?

AED 1,600,000 on 7 December 2011: AED 840 per sqft for 1,903 sqft. The unit has 2 registered sales; the first was AED 1,155,000 in August 2010.

How big is unit 701?

1,903 sqft (176.8 sqm): a three-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 8 sold for AED 2,500,000 to 2,800,000 in the last 12 months, around AED 1,353 per sqft.

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Mortgage on 701, Sadaf 8

Starts from the last sale price (AED 1.6M, 7 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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