2-bed · 1,432 sqftSadaf 7, Jumeirah Beach Residence · 12th floor · completed 2007

1204, Sadaf 7

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 2.1M9 November 2023
Current rentAED 74K /yr28 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Sadaf 7

What is 1204 worth today?

Last sold for AED 2,100,000 in 2023

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9 Nov 2023SoldReady
AED 2,100,000AED 1,466 per sqft
14 Jul 2021SoldReady
AED 1,346,857AED 940 per sqft
28 Feb 2021RentedNew contract
AED 74,000/yr12 months · AED 52 per sqft
28 Feb 2021RentedNew contract
AED 74,000/yr12 months · AED 52 per sqft
23 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
23 Aug 2018RentedNew contract
AED 92,000/yr12 months · AED 64 per sqft
1 Jun 2015RentedNew contract
AED 85,400/yr12 months · AED 60 per sqft
16 Sep 2008SoldReady
AED 1,275,000AED 890 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
2-bed apartment
Size
1,432 sqft
Floor
12th of 46
Parking
M452
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 2.1M · November 2023
Building
Sadaf 7

About 1204, Sadaf 7

1204 is a two-bedroom apartment of 1,432 sqft on the 12th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 November 2023 for AED 2,100,000, or AED 1,466 per sqft, 13% above the AED 1,300 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 28 February 2021, is AED 74,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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, April 2008: AED 442,500 (AED 308 per sqft)Sold, September 2008: AED 1,275,000 (AED 890 per sqft)Sold, July 2021: AED 1,346,857 (AED 940 per sqft)Sold, November 2023: AED 2,100,000 (AED 1,466 per sqft)

1204 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Sadaf 7
100K2012201620202024Typical 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, June 2015: AED 85,400 a yearNew contract, August 2018: AED 92,000 a yearNew contract, February 2020: AED 80,000 a yearNew contract, February 2021: AED 74,000 a yearNew contract, February 2021: AED 74,000 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 1204 sits

All 138 2-beds →

1204 last sold in November 2023 at AED 1,466 per sqft, 13% above what two-beds in Sadaf 7 were fetching at the time (AED 1,300). 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. 1204's AED 74,000 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 12th floor

All 274 units in Sadaf 7
Value
12012-bedAED 2.68M · Oct 2008
12022-bedAED 1.72M · Jun 2016
12032-bedAED 860K · Dec 2016
12052-bedAED 2.5M · Jun 2014
12062-bedAED 599K · Apr 2013

1204, Sadaf 7 in numbers

  • Sold 4 times: first on 3 April 2008 for AED 442,500, last on 9 November 2023 for AED 2,100,000 (AED 1,466 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 85,400 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2023 price is 3.5%, before a service charge of about AED 20,800 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: Dubai Land Department. Updated 9 November 2023.

Questions about 1204, Sadaf 7

What did unit 1204 last sell for?

AED 2,100,000 on 9 November 2023: AED 1,466 per sqft for 1,432 sqft. The unit has 4 registered sales; the first was AED 442,500 in April 2008.

What is the rent for unit 1204?

AED 74,000 a year on the contract signed on 28 February 2021. The previous contract, from February 2021, was AED 74,000; the unit has been rented since June 2015.

How big is unit 1204?

1,432 sqft (133.0 sqm): a two-bedroom apartment on the 12th floor of a 46-storey tower completed in 2007.

What is unit 1204 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 1204, Sadaf 7

Starts from the last sale price (AED 2.1M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →