1008, Sadaf 1
Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Sadaf 1
What is 1008 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,389 sqft
- Floor
- 10th of 39
- Parking
- B494
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 27,100 /yr
- Last sold
- AED 599K · February 2008
- Building
- Sadaf 1
About 1008, Sadaf 1
1008 is a two-bedroom apartment of 1,389 sqft on the 10th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 12 February 2008 for AED 599,000, or AED 431 per sqft, in line with the AED 425 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 9 March 2025, is AED 130,000 a year: a gross yield of 21.7% on the 2008 price, before the service charge of about AED 27,100 a year.
Sales and rents for 1008 over time
1008 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Sadaf 1, and where 1008 sits
All 35 2-beds →1008 last sold in February 2008 at AED 431 per sqft, in line with what two-beds in Sadaf 1 were fetching at the time (AED 425). 1008's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Apr 202510 April 2025 | 1,388 sqft | 2,150,000 | 1,549 | ||
| 27 Jan 202527 January 2025 | 1,383 sqft | 2,600,000 | 1,880 | ||
| 14 Nov 202414 November 2024 | 1,402 sqft | 2,250,000 | 1,604 | ||
| 18 Oct 202418 October 2024 | 1,383 sqft | 1,945,000 | 1,406 |
Sadaf 1
Building121 apartments, studios to 4-bed over 39 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,362
- Typical sale
- AED 5.66M
- Typical rent
- AED 170K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 121 units in Sadaf 11008, Sadaf 1 in numbers
- Sold once: by Dubai Properties on 12 February 2008 for AED 599,000, or AED 431 per sqft.
- Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 137,000 to AED 85,000 in 2021 and recovered to AED 130,000 by March 2025.
- At AED 130,000 a year the gross yield on the 2008 price is 21.7%, before a service charge of about AED 27,100 a year (AED 19.53 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2025.
Questions about 1008, Sadaf 1
What did unit 1008 last sell for?
AED 599,000 on 12 February 2008, sold by the developer: AED 431 per sqft for 1,389 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 130,000 a year on the contract renewed on 9 March 2025. The previous contract, from March 2024, was AED 130,000; the unit has been rented since February 2015.
How big is unit 1008?
1,389 sqft (129.0 sqm): a two-bedroom apartment on the 10th floor of a 39-storey tower completed in 2007.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1008, Sadaf 1
Starts from the last sale price (AED 599K, 12 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →