4-bed · 2,713 sqftSadaf 8, Jumeirah Beach Residence · 7th floor · completed 2007

703, Sadaf 8

Sold prices and rental history: sold once, by the developer in February 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.2M12 February 2015
Current rentAED 185K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Sadaf 8

What is 703 worth today?

Last sold for AED 1,200,000 in 2015

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15 Feb 2025RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft
15 Feb 2025RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft
15 Feb 2024RentedRenewal
AED 175,000/yr12 months · AED 65 per sqft
15 Feb 2023RentedRenewal
AED 155,000/yr12 months · AED 57 per sqft
15 Feb 2022RentedRenewal
AED 135,000/yr12 months · AED 50 per sqft
15 Feb 2021RentedRenewal
AED 135,000/yr12 months · AED 50 per sqft
15 Feb 2020RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedRenewal
AED 170,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
4-bed apartment
Size
2,713 sqft
Floor
7th of 47
Parking
B604/ B771
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,600 /yr
Last sold
AED 1.2M · February 2015
Building
Sadaf 8

About 703, Sadaf 8

703 is a four-bedroom apartment of 2,713 sqft on the 7th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 February 2015 for AED 1,200,000, or AED 442 per sqft, 62% below the AED 1,167 four-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 185,000 a year: a gross yield of 15.4% on the 2015 price, before the service charge of about AED 48,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 2015: AED 1,200,000 (AED 442 per sqft)

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

Rents
Unit 703, 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, September 2012: AED 160,000 a yearNew contract, October 2013: AED 195,000 a yearRenewal, October 2014: AED 195,000 a yearNew contract, February 2018: AED 195,000 a yearRenewal, February 2019: AED 170,000 a yearNew contract, February 2020: AED 140,000 a yearRenewal, February 2021: AED 135,000 a yearRenewal, February 2022: AED 135,000 a yearRenewal, February 2023: AED 155,000 a yearRenewal, February 2024: AED 175,000 a yearRenewal, February 2025: AED 185,000 a yearRenewal, February 2025: AED 185,000 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 703 sits

All 89 4-beds →

703 last sold in February 2015 at AED 442 per sqft, 62% below what four-beds in Sadaf 8 were fetching at the time (AED 1,167). 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. 703's AED 185,000 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 7th floor

All 164 units in Sadaf 8
Value
7013-bedAED 1.6M · Dec 2011
7023-bedAED 2.23M · Mar 2018
7044-bedAED 3.43M · Aug 2024
7053-bedAED 1.23M · Oct 2020
7063-bedAED 1.45M · Mar 2021

703, Sadaf 8 in numbers

  • Sold once: by Dubai Properties on 12 February 2015 for AED 1,200,000, or AED 442 per sqft.
  • Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 135,000 in 2022 and recovered to AED 185,000 by February 2025.
  • At AED 185,000 a year the gross yield on the 2015 price is 15.4%, before a service charge of about AED 48,600 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 15 February 2025.

Questions about 703, Sadaf 8

What did unit 703 last sell for?

AED 1,200,000 on 12 February 2015, sold by the developer: AED 442 per sqft for 2,713 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 185,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 185,000; the unit has been rented since September 2012.

How big is unit 703?

2,713 sqft (252.0 sqm): a four-bedroom apartment on the 7th floor of a 47-storey tower completed in 2007.

What is unit 703 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 703, Sadaf 8

Starts from the last sale price (AED 1.2M, 12 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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