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

304, Sadaf 8

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 3M2 September 2024
Current rentAED 180K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Sadaf 8

What is 304 worth today?

Last sold for AED 3,000,000 in 2024

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2 Sep 2024SoldReady
AED 3,000,000AED 1,108 per sqft
10 Dec 2022RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft
20 May 2021RentedNew contract
AED 165,000/yr12 months · AED 61 per sqft
20 Jan 2020RentedRenewal
AED 165,000/yr12 months · AED 61 per sqft
20 Jan 2019RentedNew contract
AED 165,000/yr12 months · AED 61 per sqft
21 Mar 2017RentedRenewal
AED 185,000/yr12 months · AED 68 per sqft
21 Mar 2016RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
15 Dec 2014RentedNew contract
AED 215,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
4-bed apartment
Size
2,707 sqft
Floor
3rd of 47
Parking
B512/513
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,500 /yr
Last sold
AED 3M · September 2024
Building
Sadaf 8

About 304, Sadaf 8

304 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 2 September 2024 for AED 3,000,000, or AED 1,108 per sqft, 9% below the AED 1,216 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 10 December 2022, is AED 180,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 48,500 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2010: AED 2,711,205 (AED 1,001 per sqft)Sold, September 2024: AED 3,000,000 (AED 1,108 per sqft)

304 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 304, 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, April 2013: AED 155,150 a yearNew contract, November 2013: AED 188,950 a yearNew contract, December 2014: AED 215,000 a yearNew contract, March 2016: AED 190,000 a yearRenewal, March 2017: AED 185,000 a yearNew contract, January 2019: AED 165,000 a yearRenewal, January 2020: AED 165,000 a yearNew contract, May 2021: AED 165,000 a yearNew contract, December 2022: AED 180,000 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 304 sits

All 83 4-beds →

304 last sold in September 2024 at AED 1,108 per sqft, 9% below what four-beds in Sadaf 8 were fetching at the time (AED 1,216). 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. 304's AED 180,000 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
3034-bedAED 2.1M · Jan 2022
3053-bedAED 1.43M · Jan 2019
3063-bedAED 1.82M · Jan 2022

304, Sadaf 8 in numbers

  • Sold twice: first on 28 February 2010 for AED 2,711,205, last on 2 September 2024 for AED 3,000,000 (AED 1,108 per sqft).
  • Rented since April 2013 on 9 Ejari contracts, from AED 155,150 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 6.0%, 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: Dubai Land Department. Updated 2 September 2024.

Questions about 304, Sadaf 8

What did unit 304 last sell for?

AED 3,000,000 on 2 September 2024: AED 1,108 per sqft for 2,707 sqft. The unit has 2 registered sales; the first was AED 2,711,205 in February 2010.

What is the rent for unit 304?

AED 180,000 a year on the contract signed on 10 December 2022. The previous contract, from May 2021, was AED 165,000; the unit has been rented since April 2013.

How big is unit 304?

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 304 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 304, Sadaf 8

Starts from the last sale price (AED 3M, 2 September 2024). 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 →