2-bed · 1,398 sqftSadaf 7, Jumeirah Beach Residence · 44th floor · completed 2007

4401, Sadaf 7

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4401 · DLD and Ejari recordsUpdated 7 October 2023
Last soldAED 599K31 August 2008
Current rentAED 130K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4401, Sadaf 7

What is 4401 worth today?

Last sold for AED 599,000 in 2008

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7 Oct 2023RentedNew contract
AED 130,000/yr12 months · AED 93 per sqft
30 Sep 2022RentedRenewal
AED 78,000/yr12 months · AED 56 per sqft
30 Sep 2021RentedRenewal
AED 78,000/yr12 months · AED 56 per sqft
1 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 75 per sqft
20 Jun 2018RentedRenewal
AED 108,000/yr12 months · AED 77 per sqft
20 Jun 2017RentedNew contract
AED 127,000/yr12 months · AED 91 per sqft
31 Aug 2008Sold by developerReady
AED 599,000AED 428 per sqft

Source: Dubai Land Department. Updated 7 October 2023.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
44th of 46
Parking
G307
Developer
Dubai Properties
Completed
2007
Service charge
AED 20,300 /yr
Last sold
AED 599K · August 2008
Building
Sadaf 7

About 4401, Sadaf 7

4401 is a two-bedroom apartment of 1,398 sqft on the 44th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 31 August 2008 for AED 599,000, or AED 428 per sqft, 16% below the AED 511 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 7 October 2023, is AED 130,000 a year: a gross yield of 21.7% on the 2008 price, before the service charge of about AED 20,300 a year.

Sales and rents for 4401 over time

Sales
Unit 4401, 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, August 2008: AED 599,000 (AED 428 per sqft)

4401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4401, each contractTypical two-bed in Sadaf 7
75K100K125K2012201620202024Typical 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 2017: AED 127,000 a yearRenewal, June 2018: AED 108,000 a yearNew contract, September 2019: AED 105,000 a yearRenewal, September 2021: AED 78,000 a yearRenewal, September 2022: AED 78,000 a yearNew contract, October 2023: AED 130,000 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 4401 sits

All 138 2-beds →

4401 last sold in August 2008 at AED 428 per sqft, 16% below what two-beds in Sadaf 7 were fetching at the time (AED 511). 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. 4401's AED 130,000 is in the lower half 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 44th floor

All 274 units in Sadaf 7
Value
44022-bedAED 599K · Nov 2007
44032-bedAED 2.25M · May 2017
44042-bedAED 2M · Apr 2023

4401, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 31 August 2008 for AED 599,000, or AED 428 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 127,000 to AED 78,000 in 2022 and recovered to AED 130,000 by October 2023.
  • At AED 130,000 a year the gross yield on the 2008 price is 21.7%, before a service charge of about AED 20,300 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 7 October 2023.

Questions about 4401, Sadaf 7

What did unit 4401 last sell for?

AED 599,000 on 31 August 2008, sold by the developer: AED 428 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 4401?

AED 130,000 a year on the contract signed on 7 October 2023. The previous contract, from September 2022, was AED 78,000; the unit has been rented since June 2017.

How big is unit 4401?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 44th floor of a 46-storey tower completed in 2007.

What is unit 4401 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 4401, Sadaf 7

Starts from the last sale price (AED 599K, 31 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 599,000
Deposit, UAE resident (20%)
AED 119,800
Deposit, non-resident (40%)
AED 239,600
Monthly over 25 years at 3.7%
AED 2,451

Plus AED 30,168 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →