703, Sadaf 2
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Sadaf 2
What is 703 worth today?
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Source: Dubai Land Department. Updated 10 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,395 sqft
- Floor
- 7th of 39
- Parking
- B670
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,900 /yr
- Last sold
- AED 550K · February 2012
- Building
- Sadaf 2
About 703, Sadaf 2
703 is a two-bedroom apartment of 1,395 sqft on the 7th floor of Sadaf 2, a 39-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 9 February 2012 for AED 550,000, or AED 394 per sqft, 60% below the AED 993 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 10 November 2024, is AED 125,000 a year: a gross yield of 22.7% on the 2012 price, before the service charge of about AED 21,900 a year.
Sales and rents for 703 over time
703 has sold once; the dashed line is the two-bed median of each year in the building.
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 703 sits
All 40 2-beds →703 last sold in February 2012 at AED 394 per sqft, 60% below what two-beds in Sadaf 2 were fetching at the time (AED 993). 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. 703's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20259 May 2025 | 1,401 sqft | 2,250,000 | 1,606 | ||
| 12 Jul 202412 July 2024 | 1,388 sqft | 2,182,500 | 1,572 | ||
| 30 Apr 202430 April 2024 | 1,388 sqft | 1,880,000 | 1,354 | ||
| 22 Mar 202422 March 2024 | 1,908 sqft | 2,450,000 | 1,284 |
Sadaf 2
Building137 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%
Other units on the 7th floor
All 137 units in Sadaf 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,891 sqft | AED 1.95MAED 1,950,000 · Jan 2018January 2018 | 175,000 /yr | |
| 702 | 3-bed | 1,877 sqft | AED 2.25MAED 2,250,000 · Nov 2022November 2022 | ||
| 704 | 2-bed | 1,384 sqft | AED 1.6MAED 1,600,000 · Apr 2023April 2023 | 95,000 /yr | |
| 705 | 4-bed | 3,575 sqft | AED 5.43MAED 5,430,229 · Jan 2009January 2009 | 230,000 /yr |
703, Sadaf 2 in numbers
- Sold once: by Dubai Properties on 9 February 2012 for AED 550,000, or AED 394 per sqft.
- Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 58,000 in 2020 and recovered to AED 125,000 by November 2024.
- At AED 125,000 a year the gross yield on the 2012 price is 22.7%, before a service charge of about AED 21,900 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 10 November 2024.
Questions about 703, Sadaf 2
What did unit 703 last sell for?
AED 550,000 on 9 February 2012, sold by the developer: AED 394 per sqft for 1,395 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 125,000 a year on the contract signed on 10 November 2024. The previous contract, from August 2023, was AED 105,000; the unit has been rented since August 2012.
How big is unit 703?
1,395 sqft (129.6 sqm): a two-bedroom apartment on the 7th floor of a 39-storey tower completed in 2007.
What is unit 703 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 703, Sadaf 2
Starts from the last sale price (AED 550K, 9 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →