3-bed · 1,908 sqftSadaf 8, Jumeirah Beach Residence · 16th floor · completed 2007

1606, Sadaf 8

Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.4M23 August 2024
Current rentAED 200K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Sadaf 8

What is 1606 worth today?

Last sold for AED 2,400,000 in 2024

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1 Nov 2024RentedNew contract
AED 200,000/yr13 months · AED 105 per sqft
23 Aug 2024SoldReady
AED 2,400,000AED 1,257 per sqft
7 Mar 2016SoldReady
AED 2,430,000AED 1,273 per sqft
24 Dec 2008Sold by developerReady
AED 3,572,000AED 1,871 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
3-bed apartment
Size
1,908 sqft
Floor
16th of 47
Parking
M535/ M536
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 2.4M · August 2024
Building
Sadaf 8

About 1606, Sadaf 8

1606 is a three-bedroom apartment of 1,908 sqft on the 16th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 23 August 2024 for AED 2,400,000, or AED 1,257 per sqft, 8% above the AED 1,164 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 200,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical three-bed in Sadaf 8
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 999,500; 2010 AED 1,965,000; 2011 AED 1,575,000; 2012 AED 1,815,000; 2013 AED 1,940,000; 2014 AED 2,110,000; 2015 AED 2,627,500; 2016 AED 2,350,000; 2019 AED 1,600,000; 2020 AED 1,400,000; 2021 AED 1,500,000; 2022 AED 1,835,000; 2023 AED 2,070,000; 2024 AED 2,400,000; 2025 AED 2,500,000Sold by developer, December 2008: AED 3,572,000 (AED 1,871 per sqft)Sold, March 2016: AED 2,430,000 (AED 1,273 per sqft)Sold, August 2024: AED 2,400,000 (AED 1,257 per sqft)

1606 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in Sadaf 8
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 102,500; 2021 AED 103,750; 2022 AED 124,025; 2023 AED 140,000; 2024 AED 161,375; 2025 AED 161,375; 2026 AED 165,000New contract, November 2024: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sadaf 8, and where 1606 sits

All 75 3-beds →

1606 last sold in August 2024 at AED 1,257 per sqft, 8% above what three-beds in Sadaf 8 were fetching at the time (AED 1,164). Over the last 12 months three-beds sold for AED 2,500,000, around AED 1,313 per sqft, and rent for AED 51,184 to 180,000 a year. 1606's AED 200,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Dec 20252,500,000
23 May 20252,750,000
16 Apr 20252,300,000
24 Mar 20252,580,000
1 3-bed sale in the last 12 months

Sadaf 8

Building

164 apartments, studios to 4-bed over 47 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,283
Typical sale
AED 3.45M
Typical rent
AED 180K /yr
Typical yield
6.8%
Sadaf 8, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 16th floor

All 164 units in Sadaf 8
Value
16013-bedAED 1.4M · Aug 2020
16023-bedAED 1.5M · Jan 2011
16034-bedAED 3.7M · Feb 2026
16044-bedAED 2M · Oct 2011
16053-bedAED 699K · Apr 2008

1606, Sadaf 8 in numbers

  • Sold 3 times: first on 24 December 2008 for AED 3,572,000, last on 23 August 2024 for AED 2,400,000 (AED 1,257 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 34,200 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 8 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,283 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Questions about 1606, Sadaf 8

What did unit 1606 last sell for?

AED 2,400,000 on 23 August 2024: AED 1,257 per sqft for 1,908 sqft. The unit has 3 registered sales; the first was AED 3,572,000 in December 2008.

What is the rent for unit 1606?

AED 200,000 a year on the contract signed on 1 November 2024.

How big is unit 1606?

1,908 sqft (177.3 sqm): a three-bedroom apartment on the 16th floor of a 47-storey tower completed in 2007.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 8 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,313 per sqft.

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Mortgage on 1606, Sadaf 8

Starts from the last sale price (AED 2.4M, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →