3-bed · 1,903 sqftSadaf 8, Jumeirah Beach Residence · 9th floor · completed 2007

902, Sadaf 8

Sold prices and rental history: sold 5 times, last in October 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 20 October 2020
Last soldAED 1.45M20 October 2020
Current rentAED 88K /yr27 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Sadaf 8

What is 902 worth today?

Last sold for AED 1,450,000 in 2020

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20 Oct 2020SoldReady
AED 1,450,000AED 761 per sqft
27 Aug 2020RentedNew contract
AED 88,000/yr12 months · AED 46 per sqft
27 Aug 2020RentedNew contract
AED 58,667/yr12 months · AED 31 per sqft
18 Dec 2019RentedRenewal
AED 125,000/yr24 months · AED 66 per sqft
18 Dec 2018RentedNew contract
AED 135,000/yr12 months · AED 71 per sqft
19 Feb 2015SoldReady
AED 2,750,000AED 1,445 per sqft
30 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
25 Dec 2011SoldReady
AED 1,550,000AED 814 per sqft

Source: Dubai Land Department. Updated 20 October 2020.

Key facts

Type
3-bed apartment
Size
1,903 sqft
Floor
9th of 47
Parking
B582/ B583
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 1.45M · October 2020
Building
Sadaf 8

About 902, Sadaf 8

902 is a three-bedroom apartment of 1,903 sqft on the 9th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 October 2020 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 2014 on 5 Ejari contracts. The current contract, signed on 27 August 2020, is AED 88,000 a year: a gross yield of 6.1% on the 2020 price, before the service charge of about AED 34,100 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in Sadaf 8
1M2M3M20072012201720222027Typical 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, September 2007: AED 699,000 (AED 367 per sqft)Sold, October 2007: AED 1,750,000 (AED 919 per sqft)Sold, December 2011: AED 1,550,000 (AED 814 per sqft)Sold, February 2015: AED 2,750,000 (AED 1,445 per sqft)Sold, October 2020: AED 1,450,000 (AED 761 per sqft)

902 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 902, each contractTypical three-bed in Sadaf 8
50K100K150K2012201620202024Typical 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, January 2014: AED 160,000 a yearNew contract, December 2018: AED 135,000 a yearRenewal, December 2019: AED 125,000 a yearNew contract, August 2020: AED 88,000 a yearNew contract, August 2020: AED 58,667 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 902 sits

All 76 3-beds →

902 last sold in October 2020 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. 902's AED 88,000 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 9th floor

All 164 units in Sadaf 8
Value
9013-bedAED 2.55M · Jul 2024
9034-bedAED 949K · May 2014
9044-bedAED 2.87M · Feb 2023
9053-bedAED 2.25M · Jan 2008
9063-bedAED 2.1M · Nov 2012

902, Sadaf 8 in numbers

  • Sold 5 times: first on 3 September 2007 for AED 699,000, last on 20 October 2020 for AED 1,450,000 (AED 761 per sqft).
  • Rented since January 2014 on 5 Ejari contracts. The rent fell from AED 160,000 to AED 58,667 in 2020 and recovered to AED 88,000 by August 2020.
  • At AED 88,000 a year the gross yield on the 2020 price is 6.1%, 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 20 October 2020.

Questions about 902, Sadaf 8

What did unit 902 last sell for?

AED 1,450,000 on 20 October 2020: AED 761 per sqft for 1,903 sqft. The unit has 5 registered sales; the first was AED 699,000 in September 2007.

What is the rent for unit 902?

AED 88,000 a year on the contract signed on 27 August 2020. The previous contract, from August 2020, was AED 58,667; the unit has been rented since January 2014.

How big is unit 902?

1,903 sqft (176.8 sqm): a three-bedroom apartment on the 9th floor of a 47-storey tower completed in 2007.

What is unit 902 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 902, Sadaf 8

Starts from the last sale price (AED 1.45M, 20 October 2020). 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 →