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

701, Sadaf 7

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 780K19 August 2013
Current rentAED 105K /yr8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Sadaf 7

What is 701 worth today?

Last sold for AED 780,000 in 2013

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8 Jan 2025RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft
8 Jan 2024RentedRenewal
AED 93,500/yr12 months · AED 72 per sqft
8 Jan 2023RentedRenewal
AED 85,000/yr12 months · AED 66 per sqft
8 Jan 2022RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
8 Jan 2021RentedRenewal
AED 65,000/yr12 months · AED 50 per sqft
8 Jan 2020RentedRenewal
AED 83,000/yr12 months · AED 64 per sqft
10 Nov 2016RentedRenewal
AED 123,000/yr12 months · AED 95 per sqft
10 Nov 2015RentedNew contract
AED 127,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
2-bed apartment
Size
1,291 sqft
Floor
7th of 46
Parking
B185
Developer
Dubai Properties
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 780K · August 2013
Building
Sadaf 7

About 701, Sadaf 7

701 is a two-bedroom apartment of 1,291 sqft on the 7th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 19 August 2013 for AED 780,000, or AED 604 per sqft, 44% below the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 8 January 2025, is AED 105,000 a year: a gross yield of 13.5% on the 2013 price, before the service charge of about AED 18,800 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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 2013: AED 780,000 (AED 604 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Sadaf 7
100K2012201620202024Typical 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, July 2013: AED 100,000 a yearNew contract, July 2014: AED 115,000 a yearNew contract, July 2015: AED 135,000 a yearNew contract, November 2015: AED 127,000 a yearRenewal, November 2016: AED 123,000 a yearRenewal, January 2020: AED 83,000 a yearRenewal, January 2021: AED 65,000 a yearRenewal, January 2022: AED 75,000 a yearRenewal, January 2023: AED 85,000 a yearRenewal, January 2024: AED 93,500 a yearRenewal, January 2025: AED 105,000 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 701 sits

All 138 2-beds →

701 last sold in August 2013 at AED 604 per sqft, 44% below what two-beds in Sadaf 7 were fetching at the time (AED 1,083). 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. 701's AED 105,000 is at the bottom 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 7th floor

All 274 units in Sadaf 7
Value
7022-bedAED 1.3M · Jan 2009
7032-bedAED 1.38M · Mar 2022
7042-bedAED 550K · Apr 2012
7052-bedAED 1.6M · Oct 2010
7062-bedAED 2M · Oct 2023
7074-bedAED 1.55M · Mar 2008

701, Sadaf 7 in numbers

  • Sold once: by Dubai Properties on 19 August 2013 for AED 780,000, or AED 604 per sqft.
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2021 and recovered to AED 105,000 by January 2025.
  • At AED 105,000 a year the gross yield on the 2013 price is 13.5%, 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 8 January 2025.

Questions about 701, Sadaf 7

What did unit 701 last sell for?

AED 780,000 on 19 August 2013, sold by the developer: AED 604 per sqft for 1,291 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 105,000 a year on the contract renewed on 8 January 2025. The previous contract, from January 2024, was AED 93,500; the unit has been rented since July 2013.

How big is unit 701?

1,291 sqft (119.9 sqm): a two-bedroom apartment on the 7th floor of a 46-storey tower completed in 2007.

What is unit 701 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 701, Sadaf 7

Starts from the last sale price (AED 780K, 19 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →