3-bed · 1,911 sqftSadaf 1, Jumeirah Beach Residence · 16th floor · completed 2007

1607, Sadaf 1

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 3.65M6 February 2024
Current rentAED 120K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Sadaf 1

What is 1607 worth today?

Last sold for AED 3,650,000 in 2024

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6 Feb 2024SoldReady
AED 3,650,000AED 1,909 per sqft
26 Oct 2023SoldReady
AED 2,400,000AED 1,255 per sqft
25 Sep 2022RentedRenewal
AED 120,175/yr12 months · AED 63 per sqft
25 Sep 2021RentedRenewal
AED 109,250/yr12 months · AED 57 per sqft
25 Sep 2020RentedRenewal
AED 95,000/yr12 months · AED 50 per sqft
2 Jan 2020SoldReady
AED 900,000AED 470 per sqft
25 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
29 Jul 2018RentedNew contract
AED 125,000/yr12 months · AED 65 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2024.

Key facts

Type
3-bed apartment
Size
1,911 sqft
Floor
16th of 39
Parking
B630/ B631
Developer
Dubai Properties
Completed
2007
Service charge
AED 37,300 /yr
Last sold
AED 3.65M · February 2024
Building
Sadaf 1

About 1607, Sadaf 1

1607 is a three-bedroom apartment of 1,911 sqft on the 16th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 6 February 2024 for AED 3,650,000, or AED 1,909 per sqft, 57% above the AED 1,216 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 September 2022, is AED 120,175 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 37,300 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical three-bed in Sadaf 1
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 866,422; 2011 AED 1,547,900; 2012 AED 699,000; 2013 AED 2,150,000; 2014 AED 2,700,000; 2015 AED 2,350,000; 2016 AED 2,275,000; 2017 AED 2,100,000; 2019 AED 1,640,000; 2020 AED 1,220,000; 2021 AED 1,500,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,650,000; 2025 AED 2,825,000Sold by developer, February 2012: AED 699,000 (AED 365 per sqft)Sold, January 2020: AED 900,000 (AED 470 per sqft)Sold, October 2023: AED 2,400,000 (AED 1,255 per sqft)Sold, February 2024: AED 3,650,000 (AED 1,909 per sqft)

1607 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1607, each contractTypical three-bed in Sadaf 1
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 140,000; 2014 AED 161,250; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 154,000; 2018 AED 145,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 118,050; 2023 AED 147,000; 2024 AED 165,000; 2025 AED 175,000New contract, May 2014: AED 150,000 a yearRenewal, May 2015: AED 150,000 a yearRenewal, May 2016: AED 150,000 a yearNew contract, August 2017: AED 150,000 a yearNew contract, July 2018: AED 125,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 95,000 a yearRenewal, September 2021: AED 109,250 a yearRenewal, September 2022: AED 120,175 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 1, and where 1607 sits

All 54 3-beds →

1607 last sold in February 2024 at AED 1,909 per sqft, 57% above what three-beds in Sadaf 1 were fetching at the time (AED 1,216). Over the last 12 months three-beds sold for AED 2,572,110, around AED 1,336 per sqft, and rent for AED 130,000 to 185,000 a year. 1607's AED 120,175 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Feb 20262,572,110
17 Apr 20252,800,000
15 Apr 20252,800,000
3 Mar 20253,000,000
1 3-bed sale in the last 12 months

Sadaf 1

Building

121 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%
Sadaf 1, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 16th floor

All 121 units in Sadaf 1
Value
16063-bedAED 1.38M · May 2021
16082-bedAED 599K · Apr 2008
16092-bedAED 2.45M · Nov 2014

1607, Sadaf 1 in numbers

  • Sold 4 times: first on 12 February 2012 for AED 699,000, last on 6 February 2024 for AED 3,650,000 (AED 1,909 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2020 and recovered to AED 120,175 by September 2022.
  • At AED 120,175 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 37,300 a year (AED 19.53 per sqft).
  • Three-beds in Sadaf 1 sold for AED 2,572,110–2,572,110 in the 12 months to November 2026; the building's median across all types is AED 1,362 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2024.

Questions about 1607, Sadaf 1

What did unit 1607 last sell for?

AED 3,650,000 on 6 February 2024: AED 1,909 per sqft for 1,911 sqft. The unit has 4 registered sales; the first was AED 699,000 in February 2012.

What is the rent for unit 1607?

AED 120,175 a year on the contract renewed on 25 September 2022. The previous contract, from September 2021, was AED 109,250; the unit has been rented since May 2014.

How big is unit 1607?

1,911 sqft (177.5 sqm): a three-bedroom apartment on the 16th floor of a 39-storey tower completed in 2007.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 1 sold for AED 2,572,110 to 2,572,110 in the last 12 months, around AED 1,336 per sqft.

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Mortgage on 1607, Sadaf 1

Starts from the last sale price (AED 3.65M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

Plus AED 158,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →