4-bed · 3,114 sqftSadaf 2, Jumeirah Beach Residence · 34th floor · completed 2007

3401, Sadaf 2

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

Unit 3401 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 3.6M20 November 2024
Current rentAED 185K /yr24 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Sadaf 2

What is 3401 worth today?

Last sold for AED 3,600,000 in 2024

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20 Nov 2024SoldReady
AED 3,600,000AED 1,156 per sqft
24 Mar 2024RentedRenewal
AED 184,628/yr6 months · AED 59 per sqft
8 Oct 2023RentedRenewal
AED 183,661/yr5 months · AED 59 per sqft
8 Oct 2022RentedRenewal
AED 159,500/yr12 months · AED 51 per sqft
8 Oct 2021RentedRenewal
AED 145,000/yr12 months · AED 47 per sqft
8 Oct 2020RentedRenewal
AED 140,000/yr12 months · AED 45 per sqft
8 Sep 2018RentedNew contract
AED 180,000/yr12 months · AED 58 per sqft
25 Aug 2017RentedRenewal
AED 190,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
4-bed apartment
Size
3,114 sqft
Floor
34th of 39
Parking
G187/ G188
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,900 /yr
Last sold
AED 3.6M · November 2024
Building
Sadaf 2

About 3401, Sadaf 2

3401 is a four-bedroom apartment of 3,114 sqft on the 34th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 November 2024 for AED 3,600,000, or AED 1,156 per sqft, 14% below the AED 1,342 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 24 March 2024, is AED 184,628 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 48,900 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, February 2010: AED 3,174,675 (AED 1,019 per sqft)Sold, November 2024: AED 3,600,000 (AED 1,156 per sqft)

3401 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3401, 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, February 2013: AED 155,000 a yearRenewal, February 2014: AED 177,195 a yearNew contract, June 2015: AED 240,000 a yearNew contract, August 2016: AED 190,000 a yearNew contract, September 2016: AED 205,000 a yearRenewal, August 2017: AED 190,000 a yearNew contract, September 2018: AED 180,000 a yearRenewal, October 2020: AED 140,000 a yearRenewal, October 2021: AED 145,000 a yearRenewal, October 2022: AED 159,500 a yearRenewal, October 2023: AED 183,661 a yearRenewal, March 2024: AED 184,628 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 3401 sits

All 40 4-beds →

3401 last sold in November 2024 at AED 1,156 per sqft, 14% below what four-beds in Sadaf 2 were fetching at the time (AED 1,342). 3401's AED 184,628 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
14 Nov 20246,285,000
24 Jul 20244,400,000
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 34th floor

All 137 units in Sadaf 2
Value
34024-bedAED 3.15M · Mar 2016

3401, Sadaf 2 in numbers

  • Sold twice: first on 24 February 2010 for AED 3,174,675, last on 20 November 2024 for AED 3,600,000 (AED 1,156 per sqft).
  • Rented since February 2013 on 12 Ejari contracts, from AED 155,000 to AED 184,628 a year.
  • At AED 184,628 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 48,900 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 20 November 2024.

Questions about 3401, Sadaf 2

What did unit 3401 last sell for?

AED 3,600,000 on 20 November 2024: AED 1,156 per sqft for 3,114 sqft. The unit has 2 registered sales; the first was AED 3,174,675 in February 2010.

What is the rent for unit 3401?

AED 184,628 a year on the contract renewed on 24 March 2024. The previous contract, from October 2023, was AED 183,661; the unit has been rented since February 2013.

How big is unit 3401?

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 3401 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 3401, Sadaf 2

Starts from the last sale price (AED 3.6M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →