2-bed · 1,418 sqftSadaf 7, Jumeirah Beach Residence · 11th floor · completed 2007

1103, Sadaf 7

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 25 September 2019
Last soldAED 1.15M25 September 2019
Current rentAED 98K /yr19 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Sadaf 7

What is 1103 worth today?

Last sold for AED 1,150,000 in 2019

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25 Sep 2019SoldReady
AED 1,150,000AED 810 per sqft
19 Jun 2018RentedRenewal
AED 98,000/yr12 months · AED 69 per sqft
19 Jun 2017RentedRenewal
AED 115,500/yr12 months · AED 81 per sqft
19 Jun 2016RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
1 Jun 2015RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
12 Dec 2013RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
22 Oct 2012RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
22 Oct 2011RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2019.

Key facts

Type
2-bed apartment
Size
1,418 sqft
Floor
11th of 46
Parking
M122
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,600 /yr
Last sold
AED 1.15M · September 2019
Building
Sadaf 7

About 1103, Sadaf 7

1103 is a two-bedroom apartment of 1,418 sqft on the 11th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 25 September 2019 for AED 1,150,000, or AED 810 per sqft, 15% below the AED 948 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 7 Ejari contracts. The current contract, renewed on 19 June 2018, is AED 98,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in Sadaf 7
1M2M2007201220172022Typical sale price by year: 2007 AED 599,000; 2008 AED 720,000; 2009 AED 1,116,900; 2010 AED 1,150,000; 2011 AED 840,000; 2012 AED 1,340,000; 2013 AED 1,502,500; 2014 AED 2,100,000; 2015 AED 1,900,000; 2016 AED 1,720,000; 2017 AED 1,660,000; 2018 AED 1,437,500; 2019 AED 1,125,000; 2020 AED 900,000; 2021 AED 1,388,429; 2022 AED 1,500,000; 2023 AED 1,750,000; 2024 AED 2,021,000; 2025 AED 2,125,000Sold by developer, June 2011: AED 860,000 (AED 606 per sqft)Sold, September 2019: AED 1,150,000 (AED 810 per sqft)

1103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Sadaf 7
75K100K125K20112015201920232027Typical rent by year: 2012 AED 95,000; 2013 AED 112,500; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 125,760; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 93,750; 2020 AED 75,000; 2021 AED 76,067; 2022 AED 89,850; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 127,335; 2026 AED 123,138New contract, October 2011: AED 90,000 a yearRenewal, October 2012: AED 90,000 a yearNew contract, December 2013: AED 90,000 a yearNew contract, June 2015: AED 120,000 a yearNew contract, June 2016: AED 110,000 a yearRenewal, June 2017: AED 115,500 a yearRenewal, June 2018: AED 98,000 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 7, and where 1103 sits

All 138 2-beds →

1103 last sold in September 2019 at AED 810 per sqft, 15% below what two-beds in Sadaf 7 were fetching at the time (AED 948). Over the last 12 months two-beds sold for AED 1,900,000 to 2,800,000, around AED 1,580 per sqft, and rent for AED 109,725 to 200,000 a year. 1103's AED 98,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20262,000,000
8 Dec 20252,400,000
20 Mar 20252,050,000
5 Feb 20252,275,000
4 2-bed sales in the last 12 months

Sadaf 7

Building

274 apartments, studios to 4-bed over 46 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,445 Up 2.5%
Typical sale
AED 2.4M
Typical rent
AED 123K /yr
Typical yield
6.1%
Sadaf 7, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 11th floor

All 274 units in Sadaf 7
Value
11012-bedAED 1.7M · May 2023
11022-bedAED 950K · Oct 2020
11042-bedAED 885K · Dec 2013
11052-bedAED 1.13M · Sep 2020
11062-bedAED 599K · Nov 2007
11074-bedAED 5.1M · Oct 2023

1103, Sadaf 7 in numbers

  • Sold twice: first on 20 June 2011 for AED 860,000, last on 25 September 2019 for AED 1,150,000 (AED 810 per sqft).
  • Rented since October 2011 on 7 Ejari contracts, from AED 90,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2019 price is 8.5%, before a service charge of about AED 20,600 a year (AED 14.53 per sqft).
  • Two-beds in Sadaf 7 sold for AED 1,900,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2019.

Questions about 1103, Sadaf 7

What did unit 1103 last sell for?

AED 1,150,000 on 25 September 2019: AED 810 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 860,000 in June 2011.

What is the rent for unit 1103?

AED 98,000 a year on the contract renewed on 19 June 2018. The previous contract, from June 2017, was AED 115,500; the unit has been rented since October 2011.

How big is unit 1103?

1,418 sqft (131.7 sqm): a two-bedroom apartment on the 11th floor of a 46-storey tower completed in 2007.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sadaf 7 sold for AED 1,900,000 to 2,800,000 in the last 12 months, around AED 1,580 per sqft.

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Mortgage on 1103, Sadaf 7

Starts from the last sale price (AED 1.15M, 25 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →