4-bed · 2,707 sqftSadaf 8, Jumeirah Beach Residence · 3rd floor · completed 2007

303, Sadaf 8

Sold prices and rental history: sold 3 times, last in January 2022, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 3 January 2022
Last soldAED 2.1M3 January 2022
Current rentAED 120K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Sadaf 8

What is 303 worth today?

Last sold for AED 2,100,000 in 2022

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3 Jan 2022SoldReady
AED 2,100,000AED 775 per sqft
15 May 2020RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
31 Aug 2009SoldReady
AED 3,225,000AED 1,191 per sqft
26 Aug 2009Sold by developerReady
AED 3,624,000AED 1,338 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 January 2022.

Key facts

Type
4-bed apartment
Size
2,707 sqft
Floor
3rd of 47
Parking
B536/537
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,500 /yr
Last sold
AED 2.1M · January 2022
Building
Sadaf 8

About 303, Sadaf 8

303 is a four-bedroom apartment of 2,707 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 3 January 2022 for AED 2,100,000, or AED 775 per sqft, 9% above the AED 709 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2020. The current contract, signed on 15 May 2020, is AED 120,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 48,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, August 2009: AED 3,225,000 (AED 1,191 per sqft)Sold by developer, August 2009: AED 3,624,000 (AED 1,338 per sqft)Sold, January 2022: AED 2,100,000 (AED 775 per sqft)

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

Rents
Unit 303, each contractTypical four-bed in Sadaf 8
100K200K2012201620202024Typical 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, May 2020: AED 120,000 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 303 sits

All 83 4-beds →

303 last sold in January 2022 at AED 775 per sqft, 9% above what four-beds in Sadaf 8 were fetching at the time (AED 709). 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. 303's AED 120,000 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 3rd floor

All 164 units in Sadaf 8
Value
3013-bedAED 1.19M · Jun 2020
3023-bedAED 2.35M · Apr 2024
3044-bedAED 3M · Sep 2024
3053-bedAED 1.43M · Jan 2019
3063-bedAED 1.82M · Jan 2022

303, Sadaf 8 in numbers

  • Sold 3 times: first on 26 August 2009 for AED 3,624,000, last on 3 January 2022 for AED 2,100,000 (AED 775 per sqft).
  • Rented since May 2020 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 48,500 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 3 January 2022.

Questions about 303, Sadaf 8

What did unit 303 last sell for?

AED 2,100,000 on 3 January 2022: AED 775 per sqft for 2,707 sqft. The unit has 3 registered sales; the first was AED 3,624,000 in August 2009.

What is the rent for unit 303?

AED 120,000 a year on the contract signed on 15 May 2020.

How big is unit 303?

2,707 sqft (251.5 sqm): a four-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2007.

What is unit 303 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 303, Sadaf 8

Starts from the last sale price (AED 2.1M, 3 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →