4-bed · 2,723 sqftSadaf 8, Jumeirah Beach Residence · 17th floor · completed 2007

1704, Sadaf 8

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 9 August 2023
Last soldAED 3M9 August 2023
Current rentAED 160K /yr20 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Sadaf 8

What is 1704 worth today?

Last sold for AED 3,000,000 in 2023

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9 Aug 2023SoldReady
AED 3,000,000AED 1,101 per sqft
25 Jan 2022SoldReady
AED 2,210,000AED 811 per sqft
20 Mar 2020RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
20 Mar 2019RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
20 Mar 2018RentedRenewal
AED 220,000/yr12 months · AED 81 per sqft
20 Mar 2017RentedRenewal
AED 225,000/yr12 months · AED 83 per sqft
20 Mar 2016RentedNew contract
AED 225,000/yr12 months · AED 83 per sqft
15 Feb 2012SoldReady
AED 2,200,000AED 807 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2023.

Key facts

Type
4-bed apartment
Size
2,723 sqft
Floor
17th of 47
Parking
M656/ M656A
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,800 /yr
Last sold
AED 3M · August 2023
Building
Sadaf 8

About 1704, Sadaf 8

1704 is a four-bedroom apartment of 2,723 sqft on the 17th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 9 August 2023 for AED 3,000,000, or AED 1,101 per sqft, 6% above the AED 1,037 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 March 2020, is AED 160,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 48,800 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical four-bed in Sadaf 8
2M4M2007201220172022Typical sale price by year: 2007 AED 949,000; 2008 AED 949,000; 2009 AED 949,000; 2010 AED 2,711,205; 2011 AED 2,000,000; 2012 AED 2,150,000; 2013 AED 2,636,000; 2014 AED 3,300,000; 2015 AED 1,430,000; 2016 AED 3,000,000; 2017 AED 3,062,890; 2019 AED 2,250,000; 2021 AED 2,000,000; 2022 AED 2,250,000; 2023 AED 3,000,000; 2024 AED 3,400,000; 2025 AED 3,850,000Sold, February 2012: AED 2,200,000 (AED 807 per sqft)Sold by developer, February 2012: AED 1,100,000 (AED 403 per sqft)Sold, January 2022: AED 2,210,000 (AED 811 per sqft)Sold, August 2023: AED 3,000,000 (AED 1,101 per sqft)

1704 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1704, each contractTypical four-bed in Sadaf 8
200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 185,000; 2014 AED 204,750; 2015 AED 220,000; 2016 AED 220,000; 2017 AED 210,000; 2018 AED 195,000; 2019 AED 170,000; 2020 AED 132,500; 2021 AED 135,000; 2022 AED 157,700; 2023 AED 190,000; 2024 AED 220,000; 2025 AED 211,200; 2026 AED 260,000New contract, March 2016: AED 225,000 a yearRenewal, March 2017: AED 225,000 a yearRenewal, March 2018: AED 220,000 a yearNew contract, March 2019: AED 180,000 a yearNew contract, March 2020: AED 160,000 a year

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

4-beds in Sadaf 8, and where 1704 sits

All 83 4-beds →

1704 last sold in August 2023 at AED 1,101 per sqft, 6% above what four-beds in Sadaf 8 were fetching at the time (AED 1,037). Over the last 12 months four-beds sold for AED 3,400,000 to 3,700,000, around AED 1,253 per sqft, and rent for AED 220,000 to 370,000 a year. 1704's AED 160,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
16 Feb 20263,400,000
3 Feb 20263,700,000
25 Dec 20253,500,000
15 Jul 20253,950,000
3 4-bed sales 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 17th floor

All 164 units in Sadaf 8
Value
17013-bedAED 2.47M · Jan 2025
17023-bedAED 2.7M · Jul 2015
1703AED 2.4M · Jan 2023
17053-bedAED 699K · Oct 2008
17063-bedAED 2.15M · May 2023

1704, Sadaf 8 in numbers

  • Sold 4 times: first on 14 February 2012 for AED 1,100,000, last on 9 August 2023 for AED 3,000,000 (AED 1,101 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 225,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 48,800 a year (AED 17.91 per sqft).
  • Four-beds in Sadaf 8 sold for AED 3,400,000–3,700,000 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 9 August 2023.

Questions about 1704, Sadaf 8

What did unit 1704 last sell for?

AED 3,000,000 on 9 August 2023: AED 1,101 per sqft for 2,723 sqft. The unit has 4 registered sales; the first was AED 1,100,000 in February 2012.

What is the rent for unit 1704?

AED 160,000 a year on the contract signed on 20 March 2020. The previous contract, from March 2019, was AED 180,000; the unit has been rented since March 2016.

How big is unit 1704?

2,723 sqft (253.0 sqm): a four-bedroom apartment on the 17th floor of a 47-storey tower completed in 2007.

What is unit 1704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Sadaf 8 sold for AED 3,400,000 to 3,700,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 1704, Sadaf 8

Starts from the last sale price (AED 3M, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →