1-bed · 1,212 sqftSadaf 7, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Sadaf 7

Sold prices and rental history: sold once, by the developer in April 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 449K13 April 2008
Current rentAED 88K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Sadaf 7

What is 2902 worth today?

Last sold for AED 449,000 in 2008

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10 Oct 2024RentedRenewal
AED 88,000/yr12 months · AED 72 per sqft
10 Oct 2023RentedRenewal
AED 80,000/yr12 months · AED 66 per sqft
10 Oct 2022RentedRenewal
AED 78,000/yr12 months · AED 64 per sqft
10 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
20 Oct 2018RentedRenewal
AED 87,500/yr12 months · AED 72 per sqft
20 Oct 2017RentedRenewal
AED 99,000/yr12 months · AED 81 per sqft
20 Oct 2016RentedRenewal
AED 99,000/yr12 months · AED 81 per sqft
13 Apr 2008Sold by developerReady
AED 449,000AED 370 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
1,212 sqft
Floor
29th of 46
Parking
B575
Developer
Dubai Properties
Completed
2007
Service charge
AED 17,600 /yr
Last sold
AED 449K · April 2008
Building
Sadaf 7

About 2902, Sadaf 7

2902 is a one-bedroom apartment of 1,212 sqft on the 29th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 April 2008 for AED 449,000, or AED 370 per sqft, in line with the AED 370 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 88,000 a year: a gross yield of 19.6% on the 2008 price, before the service charge of about AED 17,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, each saleTypical one-bed in Sadaf 7
1M2M2007201220172022Typical sale price by year: 2007 AED 449,000; 2008 AED 449,000; 2009 AED 850,000; 2010 AED 1,437,075; 2011 AED 1,050,000; 2012 AED 1,270,000; 2013 AED 1,585,000; 2014 AED 1,802,500; 2015 AED 1,640,000; 2016 AED 1,530,000; 2017 AED 1,600,000; 2021 AED 1,200,000; 2022 AED 1,400,000; 2023 AED 1,600,000; 2024 AED 1,860,000; 2025 AED 1,750,000Sold by developer, April 2008: AED 449,000 (AED 370 per sqft)

2902 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2902, each contractTypical one-bed in Sadaf 7
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 92,143; 2014 AED 110,000; 2015 AED 125,000; 2016 AED 110,000; 2017 AED 105,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 74,000; 2021 AED 68,000; 2022 AED 80,000; 2023 AED 95,000; 2024 AED 100,000; 2025 AED 103,500; 2026 AED 105,000Renewal, October 2016: AED 99,000 a yearRenewal, October 2017: AED 99,000 a yearRenewal, October 2018: AED 87,500 a yearNew contract, October 2019: AED 80,000 a yearRenewal, October 2022: AED 78,000 a yearRenewal, October 2023: AED 80,000 a yearRenewal, October 2024: AED 88,000 a year

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

1-beds in Sadaf 7, and where 2902 sits

All 100 1-beds →

2902 last sold in April 2008 at AED 370 per sqft, in line with what one-beds in Sadaf 7 were fetching at the time (AED 370). Over the last 12 months one-beds sold for AED 1,720,000 to 2,550,000, around AED 1,482 per sqft, and rent for AED 90,321 to 175,000 a year. 2902's AED 88,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,750,000
4 Feb 20262,550,000
16 Jul 20252,000,000
23 Apr 20251,750,000
4 1-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 29th floor

All 274 units in Sadaf 7
Value
29011-bedAED 1.6M · Dec 2024
29031-bedAED 2.12M · Dec 2013
29041-bedAED 1.8M · Feb 2017
29051-bedAED 2.15M · Feb 2014
29061-bedAED 1.5M · Apr 2010
29074-bedAED 2M · Apr 2010

2902, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 13 April 2008 for AED 449,000, or AED 370 per sqft.
  • Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 99,000 to AED 78,000 in 2022 and recovered to AED 88,000 by October 2024.
  • At AED 88,000 a year the gross yield on the 2008 price is 19.6%, before a service charge of about AED 17,600 a year (AED 14.53 per sqft).
  • One-beds in Sadaf 7 sold for AED 1,720,000–2,550,000 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 10 October 2024.

Questions about 2902, Sadaf 7

What did unit 2902 last sell for?

AED 449,000 on 13 April 2008, sold by the developer: AED 370 per sqft for 1,212 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 88,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since October 2016.

How big is unit 2902?

1,212 sqft (112.6 sqm): a one-bedroom apartment on the 29th floor of a 46-storey tower completed in 2007.

What is unit 2902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sadaf 7 sold for AED 1,720,000 to 2,550,000 in the last 12 months, around AED 1,482 per sqft.

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Mortgage on 2902, Sadaf 7

Starts from the last sale price (AED 449K, 13 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 449,000
Deposit, UAE resident (20%)
AED 89,800
Deposit, non-resident (40%)
AED 179,600
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →