2-bed · 1,414 sqftSadaf 6, Jumeirah Beach Residence · 5th floor · completed 2007

509, Sadaf 6

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 780K30 December 2008
Current rentAED 102K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Sadaf 6

What is 509 worth today?

Last sold for AED 780,000 in 2008

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1 Mar 2023RentedRenewal
AED 102,000/yr12 months · AED 72 per sqft
15 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
21 Nov 2019RentedRenewal
AED 82,500/yr12 months · AED 59 per sqft
21 Nov 2018RentedRenewal
AED 99,000/yr12 months · AED 70 per sqft
21 Nov 2016RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
21 Nov 2015RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
1 Nov 2014RentedNew contract
AED 129,000/yr12 months · AED 91 per sqft
1 Nov 2013RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Key facts

Type
2-bed apartment
Size
1,414 sqft
Floor
5th of 47
Parking
B464
Developer
Dubai Properties
Completed
2007
Service charge
AED 25,300 /yr
Last sold
AED 780K · December 2008
Building
Sadaf 6

About 509, Sadaf 6

509 is a two-bedroom apartment of 1,414 sqft on the 5th floor of Sadaf 6, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 30 December 2008 for AED 780,000, or AED 551 per sqft, 30% above the AED 425 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 102,000 a year: a gross yield of 13.1% on the 2008 price, before the service charge of about AED 25,300 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Sadaf 6
1M2M2007201220172022Typical sale price by year: 2007 AED 635,000; 2008 AED 599,000; 2009 AED 885,000; 2010 AED 1,620,000; 2011 AED 1,050,000; 2012 AED 1,077,500; 2013 AED 885,000; 2014 AED 2,030,000; 2015 AED 875,000; 2016 AED 1,900,000; 2017 AED 2,100,000; 2018 AED 1,600,000; 2019 AED 1,150,000; 2020 AED 1,087,412; 2021 AED 1,610,000; 2022 AED 1,545,000; 2023 AED 1,847,500; 2024 AED 2,289,619; 2025 AED 2,625,000Sold by developer, December 2008: AED 780,000 (AED 551 per sqft)

509 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Sadaf 6
100K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 115,000; 2014 AED 132,852; 2015 AED 133,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 119,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,500; 2022 AED 99,875; 2023 AED 110,000; 2024 AED 130,000; 2025 AED 130,000; 2026 AED 126,000New contract, November 2013: AED 120,000 a yearNew contract, November 2014: AED 129,000 a yearNew contract, November 2015: AED 130,000 a yearRenewal, November 2016: AED 120,000 a yearRenewal, November 2018: AED 99,000 a yearRenewal, November 2019: AED 82,500 a yearNew contract, December 2020: AED 65,000 a yearRenewal, March 2023: AED 102,000 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 6, and where 509 sits

All 112 2-beds →

509 last sold in December 2008 at AED 551 per sqft, 30% above what two-beds in Sadaf 6 were fetching at the time (AED 425). Over the last 12 months two-beds sold for AED 2,000,000 to 2,800,000, around AED 1,689 per sqft, and rent for AED 110,000 to 140,000 a year. 509's AED 102,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20262,000,000
21 Jul 20252,025,000
4 Jul 20252,550,000
8 May 20253,000,000
2 2-bed sales in the last 12 months

Sadaf 6

Building

266 apartments, studios to 3-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,630
Typical sale
AED 2.72M
Typical rent
AED 130K /yr
Typical yield
5.6%
Sadaf 6, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 5th floor

All 266 units in Sadaf 6
Value
5082-bedAED 318K · Mar 2008
5102-bedAED 2.3M · Mar 2023
5112-bedAED 1.7M · Dec 2010
5123-bedAED 699K · Jul 2019
5133-bedAED 3M · Feb 2008

509, Sadaf 6 in numbers

  • Sold once: by Dubai Properties on 30 December 2008 for AED 780,000, or AED 551 per sqft.
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 102,000 by March 2023.
  • At AED 102,000 a year the gross yield on the 2008 price is 13.1%, before a service charge of about AED 25,300 a year (AED 17.91 per sqft).
  • Two-beds in Sadaf 6 sold for AED 2,000,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,630 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Questions about 509, Sadaf 6

What did unit 509 last sell for?

AED 780,000 on 30 December 2008, sold by the developer: AED 551 per sqft for 1,414 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 102,000 a year on the contract renewed on 1 March 2023. The previous contract, from December 2020, was AED 65,000; the unit has been rented since November 2013.

How big is unit 509?

1,414 sqft (131.4 sqm): a two-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 6 sold for AED 2,000,000 to 2,800,000 in the last 12 months, around AED 1,689 per sqft.

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Mortgage on 509, Sadaf 6

Starts from the last sale price (AED 780K, 30 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →