4-bed · 2,827 sqftSadaf 8, Jumeirah Beach Residence · 29th floor · completed 2007

2902, Sadaf 8

Sold prices and rental history: sold 3 times, last in February 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 15 March 2017
Last soldAED 3.3M20 February 2014
Current rentAED 227K /yr15 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Sadaf 8

What is 2902 worth today?

Last sold for AED 3,300,000 in 2014

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15 Mar 2017RentedRenewal
AED 227,000/yr12 months · AED 80 per sqft
20 Feb 2014SoldReady
AED 3,300,000AED 1,167 per sqft
30 Mar 2013RentedNew contract
AED 145,000/yr12 months · AED 51 per sqft
1 Nov 2010SoldReady
AED 2,400,000AED 848 per sqft
11 Aug 2008Sold by developerReady
AED 949,000AED 335 per sqft

Source: Dubai Land Department. Updated 15 March 2017.

Key facts

Type
4-bed apartment
Size
2,827 sqft
Floor
29th of 47
Parking
G359/360
Developer
Dubai Properties
Completed
2007
Service charge
AED 50,600 /yr
Last sold
AED 3.3M · February 2014
Building
Sadaf 8

About 2902, Sadaf 8

2902 is a four-bedroom apartment of 2,827 sqft on the 29th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 20 February 2014 for AED 3,300,000, or AED 1,167 per sqft, 13% above the AED 1,037 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 15 March 2017, is AED 227,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 50,600 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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 by developer, August 2008: AED 949,000 (AED 335 per sqft)Sold, November 2010: AED 2,400,000 (AED 848 per sqft)Sold, February 2014: AED 3,300,000 (AED 1,167 per sqft)

2902 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2902, 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 2013: AED 145,000 a yearRenewal, March 2017: AED 227,000 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 2902 sits

All 83 4-beds →

2902 last sold in February 2014 at AED 1,167 per sqft, 13% 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. 2902's AED 227,000 is in the lower half 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 29th floor

All 164 units in Sadaf 8
Value
29014-bedAED 3.55M · Jun 2024

2902, Sadaf 8 in numbers

  • Sold 3 times: first on 11 August 2008 for AED 949,000, last on 20 February 2014 for AED 3,300,000 (AED 1,167 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 145,000 to AED 227,000 a year.
  • At AED 227,000 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 50,600 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: Dubai Land Department. Updated 15 March 2017.

Questions about 2902, Sadaf 8

What did unit 2902 last sell for?

AED 3,300,000 on 20 February 2014: AED 1,167 per sqft for 2,827 sqft. The unit has 3 registered sales; the first was AED 949,000 in August 2008.

What is the rent for unit 2902?

AED 227,000 a year on the contract renewed on 15 March 2017. The previous contract, from March 2013, was AED 145,000.

How big is unit 2902?

2,827 sqft (262.6 sqm): a four-bedroom apartment on the 29th floor of a 47-storey tower completed in 2007.

What is unit 2902 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 2902, Sadaf 8

Starts from the last sale price (AED 3.3M, 20 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →