704, Sadaf 8
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Sadaf 8
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 2,713 sqft
- Floor
- 7th of 47
- Parking
- B602/ B603
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 48,600 /yr
- Last sold
- AED 3.43M · August 2024
- Building
- Sadaf 8
About 704, Sadaf 8
704 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. It last sold on 1 August 2024 for AED 3,430,000, or AED 1,264 per sqft, 5% above the AED 1,207 four-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 220,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 48,600 a year.
Sales and rents for 704 over time
704 has sold 3 times; the dashed line is the four-bed median of each year in the building.
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 704 sits
All 89 4-beds →704 last sold in August 2024 at AED 1,264 per sqft, 5% above what four-beds in Sadaf 8 were fetching at the time (AED 1,207). 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. 704's AED 220,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Oct 202630 October 2026 | 2,806 sqft | 3,300,000 | 1,176 | ||
| 15 Oct 202615 October 2026 | 2,857 sqft | 4,000,000 | 1,400 | ||
| 16 Feb 202616 February 2026 | 2,713 sqft | 3,400,000 | 1,253 | ||
| 3 Feb 20263 February 2026 | 2,723 sqft | 3,700,000 | 1,358 |
Sadaf 8
Building164 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%
Other units on the 7th floor
All 164 units in Sadaf 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,903 sqft | AED 1.6MAED 1,600,000 · Dec 2011December 2011 | ||
| 702 | 3-bed | 1,903 sqft | AED 2.23MAED 2,230,000 · Mar 2018March 2018 | 155,000 /yr | |
| 703 | 4-bed | 2,713 sqft | AED 1.2MAED 1,200,000 · Feb 2015February 2015 | 185,000 /yr | |
| 705 | 3-bed | 1,903 sqft | AED 1.23MAED 1,225,000 · Oct 2020October 2020 | ||
| 706 | 3-bed | 1,903 sqft | AED 1.45MAED 1,450,000 · Mar 2021March 2021 | 52,000 /yr |
704, Sadaf 8 in numbers
- Sold 3 times: first on 20 June 2012 for AED 949,000, last on 1 August 2024 for AED 3,430,000 (AED 1,264 per sqft).
- Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 110,000 in 2020 and recovered to AED 220,000 by March 2024.
- At AED 220,000 a year the gross yield on the 2024 price is 6.4%, 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 1 August 2024.
Questions about 704, Sadaf 8
What did unit 704 last sell for?
AED 3,430,000 on 1 August 2024: AED 1,264 per sqft for 2,713 sqft. The unit has 3 registered sales; the first was AED 949,000 in June 2012.
What is the rent for unit 704?
AED 220,000 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 200,000; the unit has been rented since January 2019.
How big is unit 704?
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 704 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 704, Sadaf 8
Starts from the last sale price (AED 3.43M, 1 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,430,000
- Deposit, UAE resident (20%)
- AED 686,000
- Deposit, non-resident (40%)
- AED 1,372,000
- Monthly over 25 years at 3.7%
- AED 14,033
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →