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4-bed · 2,764 sqftSadaf 2, Jumeirah Beach Residence · 26th floor · completed 2007

2603, Sadaf 2

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 2.73M27 December 2022
Current rentAED 170K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2603, Sadaf 2

What is 2603 worth today?

Last sold for AED 2,730,000 in 2022

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27 Dec 2022SoldReady
AED 2,730,000AED 987 per sqft
10 Nov 2021SoldReady
AED 2,350,000AED 850 per sqft
1 Dec 2019RentedRenewal
AED 170,000/yr12 months · AED 61 per sqft
1 Dec 2018RentedNew contract
AED 175,000/yr12 months · AED 63 per sqft
1 Dec 2017RentedRenewal
AED 185,000/yr12 months · AED 67 per sqft
1 Dec 2016RentedRenewal
AED 200,000/yr12 months · AED 72 per sqft
3 Nov 2008Sold by developerReady
AED 949,000AED 343 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
4-bed apartment
Size
2,764 sqft
Floor
26th of 39
Parking
M554/ M555
Developer
Dubai Properties
Completed
2007
Service charge
AED 43,400 /yr
Last sold
AED 2.73M · December 2022
Building
Sadaf 2

About 2603, Sadaf 2

2603 is a four-bedroom apartment of 2,764 sqft on the 26th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 December 2022 for AED 2,730,000, or AED 987 per sqft, in line with the AED 987 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 December 2019, is AED 170,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 43,400 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical four-bed in Sadaf 2
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 2,712,500; 2009 AED 1,970,700; 2010 AED 2,650,000; 2012 AED 2,175,000; 2013 AED 3,000,000; 2015 AED 3,200,000; 2021 AED 2,525,000; 2022 AED 2,940,000; 2023 AED 3,112,500; 2024 AED 4,400,000Sold by developer, November 2008: AED 949,000 (AED 343 per sqft)Sold, November 2021: AED 2,350,000 (AED 850 per sqft)Sold, December 2022: AED 2,730,000 (AED 987 per sqft)

2603 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2603, each contractTypical four-bed in Sadaf 2
200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 200,000; 2014 AED 230,000; 2015 AED 235,000; 2016 AED 215,000; 2017 AED 210,000; 2018 AED 184,615; 2019 AED 172,500; 2020 AED 140,000; 2021 AED 170,000; 2022 AED 190,000; 2023 AED 240,000; 2024 AED 246,000; 2025 AED 270,000; 2026 AED 272,500Renewal, December 2016: AED 200,000 a yearRenewal, December 2017: AED 185,000 a yearNew contract, December 2018: AED 175,000 a yearRenewal, December 2019: AED 170,000 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 2, and where 2603 sits

All 40 4-beds →

2603 last sold in December 2022 at AED 987 per sqft, in line with what four-beds in Sadaf 2 were fetching at the time (AED 987). 2603's AED 170,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
21 Mar 20253,950,000
28 Nov 20243,550,000
20 Nov 20243,600,000
14 Nov 20246,285,000
0 4-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 26th floor

All 137 units in Sadaf 2
Value
26013-bedAED 2.45M · Sep 2015
26023-bedAED 1.22M · Oct 2020
26044-bedAED 4M · Aug 2016

2603, Sadaf 2 in numbers

  • Sold 3 times: first on 3 November 2008 for AED 949,000, last on 27 December 2022 for AED 2,730,000 (AED 987 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 43,400 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 27 December 2022.

Questions about 2603, Sadaf 2

What did unit 2603 last sell for?

AED 2,730,000 on 27 December 2022: AED 987 per sqft for 2,764 sqft. The unit has 3 registered sales; the first was AED 949,000 in November 2008.

What is the rent for unit 2603?

AED 170,000 a year on the contract renewed on 1 December 2019. The previous contract, from December 2018, was AED 175,000; the unit has been rented since December 2016.

How big is unit 2603?

2,764 sqft (256.8 sqm): a four-bedroom apartment on the 26th floor of a 39-storey tower completed in 2007.

What is unit 2603 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 2603, Sadaf 2

Starts from the last sale price (AED 2.73M, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,730,000
Deposit, UAE resident (20%)
AED 546,000
Deposit, non-resident (40%)
AED 1,092,000
Monthly over 25 years at 3.7%
AED 11,169

Plus AED 119,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →