2-bed · 1,384 sqftSadaf 2, Jumeirah Beach Residence · 16th floor · completed 2007

1604, Sadaf 2

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 1.75M1 May 2023
Current rentAED 126K /yr12 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Sadaf 2

What is 1604 worth today?

Last sold for AED 1,750,000 in 2023

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1 May 2023SoldReady
AED 1,750,000AED 1,264 per sqft
12 Jun 2021RentedRenewal
AED 126,000/yr6 months · AED 91 per sqft
12 Jun 2020RentedRenewal
AED 126,000/yr12 months · AED 91 per sqft
12 Jun 2019RentedRenewal
AED 140,000/yr12 months · AED 101 per sqft
12 Oct 2017RentedRenewal
AED 157,500/yr8 months · AED 113 per sqft
8 Jun 2008SoldReady
AED 1,100,000AED 794 per sqft
6 Apr 2008Sold by developerReady
AED 599,000AED 432 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
16th of 39
Parking
M422
Developer
Dubai Properties
Completed
2007
Service charge
AED 21,700 /yr
Last sold
AED 1.75M · May 2023
Building
Sadaf 2

About 1604, Sadaf 2

1604 is a two-bedroom apartment of 1,384 sqft on the 16th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 May 2023 for AED 1,750,000, or AED 1,264 per sqft, 4% above the AED 1,213 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 12 June 2021, is AED 126,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 21,700 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Sadaf 2
1M2M2007201220172022Typical sale price by year: 2007 AED 617,000; 2008 AED 720,000; 2009 AED 550,000; 2010 AED 720,000; 2011 AED 1,500,000; 2013 AED 1,744,000; 2014 AED 2,220,000; 2015 AED 1,212,000; 2016 AED 1,750,000; 2018 AED 1,580,000; 2021 AED 1,390,000; 2023 AED 1,750,000; 2024 AED 2,051,024Sold by developer, April 2008: AED 599,000 (AED 432 per sqft)Sold, June 2008: AED 1,100,000 (AED 794 per sqft)Sold, May 2023: AED 1,750,000 (AED 1,264 per sqft)

1604 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Sadaf 2
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 113,500; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 98,950; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 129,305Renewal, October 2017: AED 157,500 a yearRenewal, June 2019: AED 140,000 a yearRenewal, June 2020: AED 126,000 a yearRenewal, June 2021: AED 126,000 a year

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

2-beds in Sadaf 2, and where 1604 sits

All 40 2-beds →

1604 last sold in May 2023 at AED 1,264 per sqft, 4% above what two-beds in Sadaf 2 were fetching at the time (AED 1,213). Over the last 12 months two-beds sold for AED 1,713,543, around AED 1,223 per sqft, and rent for AED 111,000 to 130,000 a year. 1604's AED 126,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 May 20252,250,000
12 Jul 20242,182,500
30 Apr 20241,880,000
22 Mar 20242,450,000
1 2-bed sale 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 16th floor

All 137 units in Sadaf 2
Value
16013-bedAED 2.2M · Jan 2008
16023-bedAED 2.57M · Apr 2025
16032-bedAED 599K · Nov 2007
16054-bedAED 2.7M · Feb 2021

1604, Sadaf 2 in numbers

  • Sold 3 times: first on 6 April 2008 for AED 599,000, last on 1 May 2023 for AED 1,750,000 (AED 1,264 per sqft).
  • Rented since October 2017 on 4 Ejari contracts, from AED 157,500 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 21,700 a year (AED 15.70 per sqft).
  • Two-beds in Sadaf 2 sold for AED 1,713,543–1,713,543 in the 12 months to November 2026; the building's median across all types is AED 1,223 per sqft.

Source: Dubai Land Department. Updated 1 May 2023.

Questions about 1604, Sadaf 2

What did unit 1604 last sell for?

AED 1,750,000 on 1 May 2023: AED 1,264 per sqft for 1,384 sqft. The unit has 3 registered sales; the first was AED 599,000 in April 2008.

What is the rent for unit 1604?

AED 126,000 a year on the contract renewed on 12 June 2021. The previous contract, from June 2020, was AED 126,000; the unit has been rented since October 2017.

How big is unit 1604?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 16th floor of a 39-storey tower completed in 2007.

What is unit 1604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 2 sold for AED 1,713,543 to 1,713,543 in the last 12 months, around AED 1,223 per sqft.

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Mortgage on 1604, Sadaf 2

Starts from the last sale price (AED 1.75M, 1 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →