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4-bed · 3,114 sqftSadaf 1, Jumeirah Beach Residence · 34th floor · completed 2007

3404, Sadaf 1

Sold prices and rental history: sold 3 times, last in November 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 25 November 2018
Last soldAED 3M25 November 2018
Current rentAED 210K /yr18 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Sadaf 1

What is 3404 worth today?

Last sold for AED 3,000,000 in 2018

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25 Nov 2018SoldReady
AED 3,000,000AED 963 per sqft
18 Jul 2018RentedNew contract
AED 210,000/yr12 months · AED 67 per sqft
20 Apr 2017RentedNew contract
AED 250,000/yr12 months · AED 80 per sqft
22 Mar 2016RentedNew contract
AED 400,000/yr12 months · AED 129 per sqft
3 Aug 2014SoldReady
AED 4,100,000AED 1,316 per sqft
29 Oct 2007Sold by developerReady
AED 949,000AED 304 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2018.

Key facts

Type
4-bed apartment
Size
3,114 sqft
Floor
34th of 39
Parking
G328/ G329
Developer
Dubai Properties
Completed
2007
Service charge
AED 60,800 /yr
Last sold
AED 3M · November 2018
Building
Sadaf 1

About 3404, Sadaf 1

3404 is a four-bedroom apartment of 3,114 sqft on the 34th floor of Sadaf 1, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 November 2018 for AED 3,000,000, or AED 963 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 18 July 2018, is AED 210,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 60,800 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, each saleTypical four-bed in Sadaf 1
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2009 AED 3,150,000; 2010 AED 1,100,000; 2011 AED 949,000; 2013 AED 2,900,000; 2014 AED 2,524,500; 2022 AED 3,590,000; 2024 AED 3,750,000Sold by developer, October 2007: AED 949,000 (AED 304 per sqft)Sold, August 2014: AED 4,100,000 (AED 1,316 per sqft)Sold, November 2018: AED 3,000,000 (AED 963 per sqft)

3404 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3404, each contractTypical four-bed in Sadaf 1
200K400K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 185,000; 2014 AED 222,500; 2015 AED 225,000; 2016 AED 217,500; 2017 AED 205,270; 2018 AED 190,000; 2019 AED 151,250; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 150,469; 2023 AED 189,000; 2024 AED 220,625; 2025 AED 250,000New contract, March 2016: AED 400,000 a yearNew contract, April 2017: AED 250,000 a yearNew contract, July 2018: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Sadaf 1, and where 3404 sits

All 28 4-beds →

Over the last 12 months four-beds sold for AED 8,750,000, around AED 1,387 per sqft, and rent for AED 190,000 to 220,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
14 Jan 20268,750,000
12 Aug 20244,050,000
26 Jul 20247,185,000
22 Apr 20243,450,000
1 4-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 34th floor

All 121 units in Sadaf 1
Value
34054-bedAED 2.25M · Jun 2019

3404, Sadaf 1 in numbers

  • Sold 3 times: first on 29 October 2007 for AED 949,000, last on 25 November 2018 for AED 3,000,000 (AED 963 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 400,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 7.0%, before a service charge of about AED 60,800 a year (AED 19.53 per sqft).
  • Four-beds in Sadaf 1 sold for AED 8,750,000–8,750,000 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 25 November 2018.

Questions about 3404, Sadaf 1

What did unit 3404 last sell for?

AED 3,000,000 on 25 November 2018: AED 963 per sqft for 3,114 sqft. The unit has 3 registered sales; the first was AED 949,000 in October 2007.

What is the rent for unit 3404?

AED 210,000 a year on the contract signed on 18 July 2018. The previous contract, from April 2017, was AED 250,000; the unit has been rented since March 2016.

How big is unit 3404?

3,114 sqft (289.3 sqm): a four-bedroom apartment on the 34th floor of a 39-storey tower completed in 2007.

What is unit 3404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 1 sold for AED 8,750,000 to 8,750,000 in the last 12 months, around AED 1,387 per sqft.

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Mortgage on 3404, Sadaf 1

Starts from the last sale price (AED 3M, 25 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →