3-bed · 1,797 sqftSadaf 5, Jumeirah Beach Residence · 3rd floor · completed 2007

306, Sadaf 5

Sold prices and rental history: sold 4 times, last in October 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 September 2020
Last soldAED 1.8M15 October 2018
Current rentAED 85K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Sadaf 5

What is 306 worth today?

Last sold for AED 1,800,000 in 2018

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20 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
15 Oct 2018SoldReady
AED 1,800,000AED 1,001 per sqft
28 Jun 2018SoldReady
AED 1,575,000AED 876 per sqft
5 Apr 2017RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft
5 Apr 2016RentedRenewal
AED 155,000/yr12 months · AED 86 per sqft
5 Apr 2015RentedRenewal
AED 155,000/yr12 months · AED 86 per sqft
5 Apr 2014RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
5 Apr 2013RentedNew contract
AED 135,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 20 September 2020.

Key facts

Type
3-bed apartment
Size
1,797 sqft
Floor
3rd of 38
Parking
B279/280
Developer
Dubai Properties
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 1.8M · October 2018
Building
Sadaf 5

About 306, Sadaf 5

306 is a three-bedroom apartment of 1,797 sqft on the 3rd floor of Sadaf 5, a 38-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 15 October 2018 for AED 1,800,000, or AED 1,001 per sqft, in line with the AED 1,004 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 20 September 2020, is AED 85,000 a year: a gross yield of 4.7% on the 2018 price, before the service charge of about AED 32,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Sadaf 5
2M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 1,124,500; 2010 AED 1,708,500; 2011 AED 1,500,000; 2012 AED 1,700,000; 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 1,275,000; 2016 AED 2,100,000; 2018 AED 2,000,000; 2020 AED 1,250,000; 2021 AED 1,430,000; 2022 AED 1,800,000; 2023 AED 2,250,000; 2024 AED 2,400,000Sold by developer, November 2007: AED 699,000 (AED 388 per sqft)Sold, February 2008: AED 3,300,000 (AED 1,836 per sqft)Sold, June 2018: AED 1,575,000 (AED 876 per sqft)Sold, October 2018: AED 1,800,000 (AED 1,001 per sqft)

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

Rents
Unit 306, each contractTypical three-bed in Sadaf 5
100K150K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 140,000; 2014 AED 154,000; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 97,500; 2021 AED 95,000; 2022 AED 125,000; 2023 AED 150,000; 2024 AED 175,385; 2025 AED 177,500; 2026 AED 155,000New contract, April 2013: AED 135,000 a yearRenewal, April 2014: AED 135,000 a yearRenewal, April 2015: AED 155,000 a yearRenewal, April 2016: AED 155,000 a yearNew contract, April 2017: AED 155,000 a yearNew contract, September 2020: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sadaf 5, and where 306 sits

All 86 3-beds →

306 last sold in October 2018 at AED 1,001 per sqft, in line with what three-beds in Sadaf 5 were fetching at the time (AED 1,004). Over the last 12 months three-beds sold for AED 2,500,000, around AED 1,390 per sqft, and rent for AED 145,000 to 395,000 a year. 306's AED 85,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jan 20262,500,000
10 Jun 20252,750,000
7 Mar 20252,550,000
12 Dec 20243,100,000
1 3-bed sale in the last 12 months

Sadaf 5

Building

126 apartments, 2-bed to 4-bed over 38 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,605
Typical sale
AED 2.57M
Typical rent
AED 165K /yr
Typical yield
5.8%
Sadaf 5, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 3rd floor

All 126 units in Sadaf 5
Value
3053-bedAED 699K · Oct 2016
3073-bedAED 3M · Oct 2024
3083-bedAED 1.53M · Feb 2012

306, Sadaf 5 in numbers

  • Sold 4 times: first on 25 November 2007 for AED 699,000, last on 15 October 2018 for AED 1,800,000 (AED 1,001 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 135,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 4.7%, before a service charge of about AED 32,200 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 5 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,605 per sqft.

Source: Dubai Land Department. Updated 20 September 2020.

Questions about 306, Sadaf 5

What did unit 306 last sell for?

AED 1,800,000 on 15 October 2018: AED 1,001 per sqft for 1,797 sqft. The unit has 4 registered sales; the first was AED 699,000 in November 2007.

What is the rent for unit 306?

AED 85,000 a year on the contract signed on 20 September 2020. The previous contract, from April 2017, was AED 155,000; the unit has been rented since April 2013.

How big is unit 306?

1,797 sqft (166.9 sqm): a three-bedroom apartment on the 3rd floor of a 38-storey tower completed in 2007.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 5 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,390 per sqft.

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Mortgage on 306, Sadaf 5

Starts from the last sale price (AED 1.8M, 15 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →