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

706, Sadaf 8

Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.45M1 March 2021
Current rentAED 52K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Sadaf 8

What is 706 worth today?

Last sold for AED 1,450,000 in 2021

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1 Jun 2024RentedNew contract
AED 52,000/yr12 months · AED 27 per sqft
1 Mar 2021SoldReady
AED 1,450,000AED 761 per sqft
25 Apr 2020RentedNew contract
AED 105,000/yr12 months · AED 55 per sqft
1 Feb 2019RentedRenewal
AED 130,000/yr12 months · AED 68 per sqft
1 Feb 2018RentedRenewal
AED 165,000/yr12 months · AED 87 per sqft
1 Feb 2017RentedRenewal
AED 175,000/yr12 months · AED 92 per sqft
1 Feb 2016RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft
5 May 2014SoldReady
AED 2,000,000AED 1,050 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
7th of 47
Parking
B598/ B599
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 1.45M · March 2021
Building
Sadaf 8

About 706, Sadaf 8

706 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 1 March 2021 for AED 1,450,000, or AED 761 per sqft, 10% above the AED 690 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 June 2024, is AED 52,000 a year: a gross yield of 3.6% on the 2021 price, before the service charge of about AED 34,100 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, October 2007: AED 2,000,000 (AED 1,050 per sqft)Sold by developer, October 2007: AED 1,155,000 (AED 606 per sqft)Sold, May 2014: AED 2,000,000 (AED 1,050 per sqft)Sold, March 2021: AED 1,450,000 (AED 761 per sqft)

706 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 706, each contractTypical three-bed in Sadaf 8
100K2012201620202024Typical 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 165,000New contract, February 2016: AED 175,000 a yearRenewal, February 2017: AED 175,000 a yearRenewal, February 2018: AED 165,000 a yearRenewal, February 2019: AED 130,000 a yearNew contract, April 2020: AED 105,000 a yearNew contract, June 2024: AED 52,000 a year

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 706 sits

All 76 3-beds →

706 last sold in March 2021 at AED 761 per sqft, 10% above what three-beds in Sadaf 8 were fetching at the time (AED 690). 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. 706's AED 52,000 is in the lower half of that range.

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
7013-bedAED 1.6M · Dec 2011
7023-bedAED 2.23M · Mar 2018
7034-bedAED 1.2M · Feb 2015
7044-bedAED 3.43M · Aug 2024
7053-bedAED 1.23M · Oct 2020

706, Sadaf 8 in numbers

  • Sold 4 times: first on 15 October 2007 for AED 1,155,000, last on 1 March 2021 for AED 1,450,000 (AED 761 per sqft).
  • Rented since February 2016 on 6 Ejari contracts, from AED 175,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2021 price is 3.6%, before a service charge of about AED 34,100 a year (AED 17.91 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 1 June 2024.

Questions about 706, Sadaf 8

What did unit 706 last sell for?

AED 1,450,000 on 1 March 2021: AED 761 per sqft for 1,903 sqft. The unit has 4 registered sales; the first was AED 1,155,000 in October 2007.

What is the rent for unit 706?

AED 52,000 a year on the contract signed on 1 June 2024. The previous contract, from April 2020, was AED 105,000; the unit has been rented since February 2016.

How big is unit 706?

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 706 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 706, Sadaf 8

Starts from the last sale price (AED 1.45M, 1 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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