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4-bed · 3,577 sqftSadaf 2, Jumeirah Beach Residence · 29th floor · completed 2007

2903, Sadaf 2

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 5.2M27 June 2024
Current rentAED 175K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2903, Sadaf 2

What is 2903 worth today?

Last sold for AED 5,200,000 in 2024

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27 Jun 2024SoldReady
AED 5,200,000AED 1,453 per sqft
1 May 2023RentedRenewal
AED 174,500/yr24 months · AED 49 per sqft
22 Apr 2015SoldReady
AED 4,800,000AED 1,341 per sqft
14 Apr 2015RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
16 Mar 2015RentedNew contract
AED 140,000/yr12 months · AED 39 per sqft
18 Sep 2014RentedNew contract
AED 240,000/yr12 months · AED 67 per sqft
25 Apr 2013RentedNew contract
AED 235,000/yr12 months · AED 66 per sqft
22 Jun 2008SoldReady
AED 4,550,000AED 1,272 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
4-bed apartment
Size
3,577 sqft
Floor
29th of 39
Parking
G491/ G492
Developer
Dubai Properties
Completed
2007
Service charge
AED 56,200 /yr
Last sold
AED 5.2M · June 2024
Building
Sadaf 2

About 2903, Sadaf 2

2903 is a four-bedroom apartment of 3,577 sqft on the 29th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 June 2024 for AED 5,200,000, or AED 1,453 per sqft, 27% above the AED 1,141 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 174,500 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 56,200 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, June 2008: AED 4,550,000 (AED 1,272 per sqft)Sold by developer, June 2008: AED 1,841,400 (AED 514 per sqft)Sold, April 2015: AED 4,800,000 (AED 1,341 per sqft)Sold, June 2024: AED 5,200,000 (AED 1,453 per sqft)

2903 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2903, 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 272,500New contract, April 2013: AED 235,000 a yearNew contract, September 2014: AED 240,000 a yearNew contract, March 2015: AED 140,000 a yearNew contract, April 2015: AED 240,000 a yearRenewal, May 2023: AED 174,500 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 2903 sits

All 40 4-beds →

2903 last sold in June 2024 at AED 1,453 per sqft, 27% above what four-beds in Sadaf 2 were fetching at the time (AED 1,141). 2903's AED 174,500 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 29th floor

All 137 units in Sadaf 2
Value
29014-bedAED 3.2M · Jul 2015
29024-bedAED 3.08M · Oct 2023

2903, Sadaf 2 in numbers

  • Sold 4 times: first on 11 June 2008 for AED 1,841,400, last on 27 June 2024 for AED 5,200,000 (AED 1,453 per sqft).
  • Rented since April 2013 on 5 Ejari contracts. The rent fell from AED 235,000 to AED 140,000 in 2015 and recovered to AED 174,500 by May 2023.
  • At AED 174,500 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 56,200 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 27 June 2024.

Questions about 2903, Sadaf 2

What did unit 2903 last sell for?

AED 5,200,000 on 27 June 2024: AED 1,453 per sqft for 3,577 sqft. The unit has 4 registered sales; the first was AED 1,841,400 in June 2008.

What is the rent for unit 2903?

AED 174,500 a year on the contract renewed on 1 May 2023. The previous contract, from April 2015, was AED 240,000; the unit has been rented since April 2013.

How big is unit 2903?

3,577 sqft (332.3 sqm): a four-bedroom apartment on the 29th floor of a 39-storey tower completed in 2007.

What is unit 2903 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 2903, Sadaf 2

Starts from the last sale price (AED 5.2M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

Plus AED 223,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →