3-bed · 1,883 sqftSadaf 2, Jumeirah Beach Residence · 10th floor · completed 2007

1002, Sadaf 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 8 May 2023
Last soldAED 2.04M8 May 2023
Current rentAED 125K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Sadaf 2

What is 1002 worth today?

Last sold for AED 2,040,000 in 2023

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8 May 2023SoldReady
AED 2,040,000AED 1,083 per sqft
1 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 66 per sqft
1 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
1 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
1 Oct 2012RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
14 May 2009Sold by developerReady
AED 699,000AED 371 per sqft

Source: Dubai Land Department. Updated 8 May 2023.

Key facts

Type
3-bed apartment
Size
1,883 sqft
Floor
10th of 39
Parking
B742/ B743
Developer
Dubai Properties
Completed
2007
Service charge
AED 29,600 /yr
Last sold
AED 2.04M · May 2023
Building
Sadaf 2

About 1002, Sadaf 2

1002 is a three-bedroom apartment of 1,883 sqft on the 10th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 8 May 2023 for AED 2,040,000, or AED 1,083 per sqft, in line with the AED 1,083 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 February 2019, is AED 125,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 29,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Sadaf 2
1M2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,174,500; 2010 AED 699,000; 2012 AED 700,000; 2013 AED 699,000; 2014 AED 2,550,000; 2017 AED 2,225,000; 2020 AED 1,162,808; 2022 AED 1,960,000; 2023 AED 2,040,000; 2024 AED 2,457,500Sold by developer, May 2009: AED 699,000 (AED 371 per sqft)Sold, May 2023: AED 2,040,000 (AED 1,083 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Sadaf 2
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 135,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 163,691; 2018 AED 145,000; 2019 AED 120,000; 2020 AED 100,001; 2021 AED 98,500; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 178,500; 2026 AED 180,000New contract, October 2012: AED 120,000 a yearNew contract, June 2016: AED 175,000 a yearNew contract, February 2018: AED 140,000 a yearNew contract, February 2019: AED 125,000 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 2, and where 1002 sits

All 52 3-beds →

1002 last sold in May 2023 at AED 1,083 per sqft, in line with what three-beds in Sadaf 2 were fetching at the time (AED 1,083). 1002's AED 125,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Apr 20252,570,000
26 Nov 20243,100,000
22 Aug 20242,335,000
2 Aug 20242,550,000
0 3-bed sales in the last 12 months

Sadaf 2

Building

137 apartments, 2-bed to 4-bed over 39 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 1,223
Typical sale
AED 1.71M
Typical rent
AED 170K /yr
Typical yield
7.4%
Sadaf 2, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 10th floor

All 137 units in Sadaf 2
Value
10013-bedAED 1.97M · Jun 2022
10032-bedAED 1.55M · Jan 2010
10042-bedAED 1.35M · Apr 2012

1002, Sadaf 2 in numbers

  • Sold twice: first on 14 May 2009 for AED 699,000, last on 8 May 2023 for AED 2,040,000 (AED 1,083 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 120,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 29,600 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 8 May 2023.

Questions about 1002, Sadaf 2

What did unit 1002 last sell for?

AED 2,040,000 on 8 May 2023: AED 1,083 per sqft for 1,883 sqft. The unit has 2 registered sales; the first was AED 699,000 in May 2009.

What is the rent for unit 1002?

AED 125,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2018, was AED 140,000; the unit has been rented since October 2012.

How big is unit 1002?

1,883 sqft (174.9 sqm): a three-bedroom apartment on the 10th floor of a 39-storey tower completed in 2007.

What is unit 1002 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 1002, Sadaf 2

Starts from the last sale price (AED 2.04M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,040,000
Deposit, UAE resident (20%)
AED 408,000
Deposit, non-resident (40%)
AED 816,000
Monthly over 25 years at 3.7%
AED 8,346

Plus AED 90,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →