3501, Sadaf 7
Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3501, Sadaf 7
What is 3501 worth today?
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Source: Dubai Land Department. Updated 2 September 2024.
Key facts
- Type
- Apartment
- Size
- 606 sqft
- Floor
- 35th of 46
- Parking
- B557
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 8,800 /yr
- Last sold
- AED 540K · September 2008
- Building
- Sadaf 7
About 3501, Sadaf 7
3501 is an apartment of 606 sqft on the 35th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 4 September 2008 for AED 540,000, or AED 445 per sqft.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 September 2024, is AED 108,000 a year: a gross yield of 20.0% on the 2008 price, before the service charge of about AED 8,800 a year.
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 35th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3502 | 1-bed | 545 sqft | AED 1.76MAED 1,760,000 · Nov 2015November 2015 | 105,000 /yr | |
| 3503 | 1-bed | 1,205 sqft | AED 695KAED 695,000 · Nov 2008November 2008 | 102,000 /yr | |
| 3504 | 1-bed | 1,466 sqft | AED 1.76MAED 1,760,000 · Nov 2011November 2011 | 86,020 /yr | |
| 3505 | 1-bed | 1,430 sqft | AED 449KAED 449,000 · Nov 2007November 2007 | ||
| 3506 | 1-bed | 1,205 sqft | AED 893KAED 892,500 · Apr 2017April 2017 | 125,000 /yr | |
| 3507 | 4-bed | 3,609 sqft | AED 1.55MAED 1,550,000 · Mar 2008March 2008 | 330,000 /yr |
3501, Sadaf 7 in numbers
- Sold once: by Dubai Properties on 4 September 2008 for AED 540,000, or AED 445 per sqft.
- Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 82,500 in 2023 and recovered to AED 108,000 by September 2024.
- At AED 108,000 a year the gross yield on the 2008 price is 20.0%, before a service charge of about AED 8,800 a year (AED 14.53 per sqft).
Source: Dubai Land Department. Updated 2 September 2024.
Questions about 3501, Sadaf 7
What did unit 3501 last sell for?
AED 540,000 on 4 September 2008, sold by the developer: AED 445 per sqft for 606 sqft. It is the only registered sale of the unit.
What is the rent for unit 3501?
AED 108,000 a year on the contract signed on 2 September 2024. The previous contract, from September 2023, was AED 82,500; the unit has been rented since November 2013.
How big is unit 3501?
606 sqft (56.3 sqm): an apartment on the 35th floor of a 46-storey tower completed in 2007.
What is unit 3501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3501, Sadaf 7
Starts from the last sale price (AED 540K, 4 September 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus AED 27,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →