2-bed · 1,291 sqftSadaf 7, Jumeirah Beach Residence · 5th floor · completed 2007

502, Sadaf 7

Sold prices and rental history: sold once, by the developer in November 2007, and rented once, from December 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 17 December 2015
Last soldAED 599K11 November 2007
Current rentAED 129K /yr17 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Sadaf 7

What is 502 worth today?

Last sold for AED 599,000 in 2007

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17 Dec 2015RentedNew contract
AED 129,305/yr12 months · AED 100 per sqft
11 Nov 2007Sold by developerReady
AED 599,000AED 463 per sqft

Source: Dubai Land Department. Updated 17 December 2015.

Key facts

Type
2-bed apartment
Size
1,291 sqft
Floor
5th of 46
Parking
B160
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 599K · November 2007
Building
Sadaf 7

About 502, Sadaf 7

502 is a two-bedroom apartment of 1,291 sqft on the 5th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 11 November 2007 for AED 599,000, or AED 463 per sqft, in line with the AED 463 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 December 2015. The current contract, signed on 17 December 2015, is AED 129,305 a year: a gross yield of 21.6% on the 2007 price, before the service charge of about AED 18,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, November 2007: AED 599,000 (AED 463 per sqft)

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

Rents
Unit 502, 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, December 2015: AED 129,305 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 502 sits

All 138 2-beds →

502 last sold in November 2007 at AED 463 per sqft, in line with what two-beds in Sadaf 7 were fetching at the time (AED 463). 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. 502's AED 129,305 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 5th floor

All 274 units in Sadaf 7
Value
5012-bedAED 2M · Jun 2014
5032-bedAED 1.36M · May 2012
5042-bedAED 2.28M · Feb 2025
5052-bedAED 599K · Dec 2007
5062-bedAED 2.1M · Oct 2023
5074-bedAED 1.55M · Mar 2008

502, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 11 November 2007 for AED 599,000, or AED 463 per sqft.
  • Rented since December 2015 on one Ejari contract, at AED 129,305 a year.
  • At AED 129,305 a year the gross yield on the 2007 price is 21.6%, before a service charge of about AED 18,800 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 17 December 2015.

Questions about 502, Sadaf 7

What did unit 502 last sell for?

AED 599,000 on 11 November 2007, sold by the developer: AED 463 per sqft for 1,291 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 129,305 a year on the contract signed on 17 December 2015.

How big is unit 502?

1,291 sqft (119.9 sqm): a two-bedroom apartment on the 5th floor of a 46-storey tower completed in 2007.

What is unit 502 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 502, Sadaf 7

Starts from the last sale price (AED 599K, 11 November 2007). 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 →