1602, Sadaf 7
Sold prices and rental history: sold twice, last in November 2007, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Sadaf 7
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 646 sqft
- Floor
- 16th of 46
- Parking
- M130
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 9,400 /yr
- Last sold
- AED 1.65M · November 2007
- Building
- Sadaf 7
About 1602, Sadaf 7
1602 is a two-bedroom apartment of 646 sqft on the 16th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 27 November 2007 for AED 1,650,000, or AED 1,277 per sqft, 144% above the AED 523 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 18 October 2024, is AED 135,000 a year: a gross yield of 8.2% on the 2007 price, before the service charge of about AED 9,400 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1602 sits
All 138 2-beds →1602 last sold in November 2007 at AED 1,277 per sqft, 144% above what two-beds in Sadaf 7 were fetching at the time (AED 523). 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. 1602's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 1,432 sqft | 2,000,000 | 1,396 | ||
| 8 Dec 20258 December 2025 | 1,418 sqft | 2,400,000 | 1,691 | ||
| 20 Mar 202520 March 2025 | 1,418 sqft | 2,050,000 | 1,445 | ||
| 5 Feb 20255 February 2025 | 1,432 sqft | 2,275,000 | 1,588 |
Sadaf 7
Building274 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%
Other units on the 16th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,291 sqft | AED 1.65MAED 1,650,000 · Sep 2022September 2022 | 135,000 /yr | |
| 1603 | 2-bed | 1,418 sqft | AED 2.1MAED 2,100,000 · Jun 2014June 2014 | 135,000 /yr | |
| 1604 | 2-bed | 1,432 sqft | AED 1.15MAED 1,150,000 · Nov 2007November 2007 | 140,000 /yr | |
| 1605 | 2-bed | 1,404 sqft | AED 599KAED 599,000 · Dec 2008December 2008 | 98,000 /yr | |
| 1606 | 2-bed | 1,418 sqft | AED 599KAED 599,000 · Feb 2013February 2013 | 185,000 /yr | |
| 1607 | 4-bed | 3,599 sqft | AED 4.7MAED 4,700,000 · Dec 2007December 2007 |
1602, Sadaf 7 in numbers
- Sold twice: first on 6 November 2007 for AED 599,000, last on 27 November 2007 for AED 1,650,000 (AED 1,277 per sqft).
- Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 139,612 to AED 75,000 in 2020 and recovered to AED 135,000 by October 2024.
- At AED 135,000 a year the gross yield on the 2007 price is 8.2%, before a service charge of about AED 9,400 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 18 October 2024.
Questions about 1602, Sadaf 7
What did unit 1602 last sell for?
AED 1,650,000 on 27 November 2007: AED 1,277 per sqft for 646 sqft. The unit has 2 registered sales; the first was AED 599,000 in November 2007.
What is the rent for unit 1602?
AED 135,000 a year on the contract signed on 18 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since June 2014.
How big is unit 1602?
646 sqft (60.0 sqm): a two-bedroom apartment on the 16th floor of a 46-storey tower completed in 2007.
What is unit 1602 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 1602, Sadaf 7
Starts from the last sale price (AED 1.65M, 27 November 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →