2-bed · 1,448 sqftSadaf 4, Jumeirah Beach Residence · 23rd floor · completed 2007

2302, Sadaf 4

Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.55M21 January 2021
Current rentAED 114K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Sadaf 4

What is 2302 worth today?

Last sold for AED 1,550,000 in 2021

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25 Sep 2024RentedRenewal
AED 114,026/yr12 months · AED 78 per sqft
25 Sep 2021RentedNew contract
AED 98,500/yr12 months · AED 68 per sqft
21 Jan 2021SoldReady
AED 1,550,000AED 1,070 per sqft
25 Sep 2020RentedRenewal
AED 98,500/yr12 months · AED 68 per sqft
25 Sep 2019RentedRenewal
AED 105,000/yr12 months · AED 72 per sqft
25 Sep 2018RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
20 Dec 2016RentedRenewal
AED 165,000/yr12 months · AED 114 per sqft
11 Aug 2015RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
23rd of 38
Parking
B338
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,900 /yr
Last sold
AED 1.55M · January 2021
Building
Sadaf 4

About 2302, Sadaf 4

2302 is a two-bedroom apartment of 1,448 sqft on the 23rd floor of Sadaf 4, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 21 January 2021 for AED 1,550,000, or AED 1,070 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 114,026 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 25,900 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Sadaf 4
2M2008201220162020Typical sale price by year: 2008 AED 599,000; 2009 AED 799,500; 2011 AED 2,163,000; 2012 AED 2,275,000; 2014 AED 2,925,000; 2021 AED 1,550,000Sold by developer, October 2008: AED 599,000 (AED 413 per sqft)Sold, February 2014: AED 2,900,000 (AED 2,003 per sqft)Sold, January 2021: AED 1,550,000 (AED 1,070 per sqft)

2302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, each contractTypical two-bed in Sadaf 4
100K150K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 150,000; 2015 AED 146,500; 2016 AED 141,539; 2017 AED 134,000; 2018 AED 115,000; 2019 AED 96,683; 2020 AED 85,000; 2021 AED 87,500; 2022 AED 95,000; 2023 AED 115,000; 2024 AED 124,000; 2025 AED 154,500New contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 165,000 a yearNew contract, August 2015: AED 165,000 a yearRenewal, December 2016: AED 165,000 a yearNew contract, September 2018: AED 110,000 a yearRenewal, September 2019: AED 105,000 a yearRenewal, September 2020: AED 98,500 a yearNew contract, September 2021: AED 98,500 a yearRenewal, September 2024: AED 114,026 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 4, and where 2302 sits

All 19 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 20252,440,626
7 May 20252,500,000
15 Dec 20231,850,000
17 Oct 20222,500,000
0 2-bed sales in the last 12 months

Sadaf 4

Building

125 apartments, studios to 4-bed over 38 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,382
Typical sale
AED 6.03M
Typical rent
AED 165K /yr
Typical yield
6.6%
Sadaf 4, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 23rd floor

All 125 units in Sadaf 4
Value
23012-bedAED 599K · Oct 2010
23033-bedAED 2.03M · May 2023
23043-bedAED 2.4M · Jul 2013

2302, Sadaf 4 in numbers

  • Sold 3 times: first on 16 October 2008 for AED 599,000, last on 21 January 2021 for AED 1,550,000 (AED 1,070 per sqft).
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 98,500 in 2021 and recovered to AED 114,026 by September 2024.
  • At AED 114,026 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 25,900 a year (AED 17.91 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2024.

Questions about 2302, Sadaf 4

What did unit 2302 last sell for?

AED 1,550,000 on 21 January 2021: AED 1,070 per sqft for 1,448 sqft. The unit has 3 registered sales; the first was AED 599,000 in October 2008.

What is the rent for unit 2302?

AED 114,026 a year on the contract renewed on 25 September 2024. The previous contract, from September 2021, was AED 98,500; the unit has been rented since August 2013.

How big is unit 2302?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2007.

What is unit 2302 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 2302, Sadaf 4

Starts from the last sale price (AED 1.55M, 21 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →