503, Sadaf 7
Sold prices and rental history: sold 3 times, last in May 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Sadaf 7
What is 503 worth today?
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Source: Dubai Land Department. Updated 6 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,241 sqft
- Floor
- 5th of 46
- Parking
- B159
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 18,000 /yr
- Last sold
- AED 1.36M · May 2012
- Building
- Sadaf 7
About 503, Sadaf 7
503 is a two-bedroom apartment of 1,241 sqft on the 5th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 13 May 2012 for AED 1,360,000, or AED 958 per sqft, 13% above the AED 845 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 6 November 2024, is AED 126,248 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 18,000 a year.
Sales and rents for 503 over time
503 has sold 3 times; 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 503 sits
All 138 2-beds →503 last sold in May 2012 at AED 958 per sqft, 13% above what two-beds in Sadaf 7 were fetching at the time (AED 845). 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. 503's AED 126,248 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 5th floor
All 274 units in Sadaf 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,291 sqft | AED 2MAED 2,000,000 · Jun 2014June 2014 | ||
| 502 | 2-bed | 1,291 sqft | AED 599KAED 599,000 · Nov 2007November 2007 | 129,305 /yr | |
| 504 | 2-bed | 1,432 sqft | AED 2.28MAED 2,275,000 · Feb 2025February 2025 | 125,000 /yr | |
| 505 | 2-bed | 1,404 sqft | AED 599KAED 599,000 · Dec 2007December 2007 | 133,350 /yr | |
| 506 | 2-bed | 1,418 sqft | AED 2.1MAED 2,100,000 · Oct 2023October 2023 | 121,350 /yr | |
| 507 | 4-bed | 3,599 sqft | AED 1.55MAED 1,550,000 · Mar 2008March 2008 | 300,000 /yr |
503, Sadaf 7 in numbers
- Sold 3 times: first on 25 April 2011 for AED 820,000, last on 13 May 2012 for AED 1,360,000 (AED 958 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 102,500 to AED 126,248 a year.
- At AED 126,248 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 18,000 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 6 November 2024.
Questions about 503, Sadaf 7
What did unit 503 last sell for?
AED 1,360,000 on 13 May 2012: AED 958 per sqft for 1,241 sqft. The unit has 3 registered sales; the first was AED 820,000 in April 2011.
What is the rent for unit 503?
AED 126,248 a year on the contract renewed on 6 November 2024. The previous contract, from November 2023, was AED 128,000; the unit has been rented since September 2022.
How big is unit 503?
1,241 sqft (115.3 sqm): a two-bedroom apartment on the 5th floor of a 46-storey tower completed in 2007.
What is unit 503 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 503, Sadaf 7
Starts from the last sale price (AED 1.36M, 13 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,360,000
- Deposit, UAE resident (20%)
- AED 272,000
- Deposit, non-resident (40%)
- AED 544,000
- Monthly over 25 years at 3.7%
- AED 5,564
Plus AED 62,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →