3-bed · 1,911 sqftSadaf 8, Jumeirah Beach Residence · 3rd floor · completed 2007

302, Sadaf 8

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 2.35M24 April 2024
Current rentAED 135K /yr7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Sadaf 8

What is 302 worth today?

Last sold for AED 2,350,000 in 2024

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24 Apr 2024SoldReady
AED 2,350,000AED 1,229 per sqft
12 Feb 2024SoldReady
AED 2,100,000AED 1,099 per sqft
7 Dec 2022RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
7 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
20 Dec 2016SoldReady
AED 2,450,000AED 1,282 per sqft
3 Apr 2008Sold by developerReady
AED 349,500AED 182 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
3-bed apartment
Size
1,911 sqft
Floor
3rd of 47
Parking
B605/ B605A
Developer
Dubai Properties
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 2.35M · April 2024
Building
Sadaf 8

About 302, Sadaf 8

302 is a three-bedroom apartment of 1,911 sqft on the 3rd floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 April 2024 for AED 2,350,000, or AED 1,229 per sqft, 12% above the AED 1,093 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 135,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Sadaf 8
02M2007201220172022Typical 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, April 2008: AED 349,500 (AED 182 per sqft)Sold, December 2016: AED 2,450,000 (AED 1,282 per sqft)Sold, February 2024: AED 2,100,000 (AED 1,099 per sqft)Sold, April 2024: AED 2,350,000 (AED 1,229 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Sadaf 8
100K150K2012201620202024Typical 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, December 2021: AED 120,000 a yearRenewal, December 2022: AED 135,000 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 302 sits

All 75 3-beds →

302 last sold in April 2024 at AED 1,229 per sqft, 12% above what three-beds in Sadaf 8 were fetching at the time (AED 1,093). 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. 302's AED 135,000 is in the upper half 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 3rd floor

All 164 units in Sadaf 8
Value
3013-bedAED 1.19M · Jun 2020
3034-bedAED 2.1M · Jan 2022
3044-bedAED 3M · Sep 2024
3053-bedAED 1.43M · Jan 2019
3063-bedAED 1.82M · Jan 2022

302, Sadaf 8 in numbers

  • Sold 4 times: first on 3 April 2008 for AED 349,500, last on 24 April 2024 for AED 2,350,000 (AED 1,229 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 5.7%, 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: Dubai Land Department. Updated 24 April 2024.

Questions about 302, Sadaf 8

What did unit 302 last sell for?

AED 2,350,000 on 24 April 2024: AED 1,229 per sqft for 1,911 sqft. The unit has 4 registered sales; the first was AED 349,500 in April 2008.

What is the rent for unit 302?

AED 135,000 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 120,000.

How big is unit 302?

1,911 sqft (177.5 sqm): a three-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 302 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 302, Sadaf 8

Starts from the last sale price (AED 2.35M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →