4-bed · 2,851 sqftSadaf 8, Jumeirah Beach Residence · 40th floor · completed 2007

4002, Sadaf 8

Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 2 October 2019
Last soldAED 4.6M24 July 2008
Current rentAED 100K /yr2 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Sadaf 8

What is 4002 worth today?

Last sold for AED 4,600,000 in 2008

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2 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 35 per sqft
2 Oct 2018RentedRenewal
AED 150,000/yr12 months · AED 53 per sqft
20 Sep 2017RentedRenewal
AED 203,226/yr12 months · AED 71 per sqft
20 Sep 2016RentedNew contract
AED 225,000/yr12 months · AED 79 per sqft
24 Jul 2008SoldReady
AED 4,600,000AED 1,613 per sqft
13 Sep 2007Sold by developerReady
AED 949,000AED 332 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 October 2019.

Key facts

Type
4-bed apartment
Size
2,851 sqft
Floor
40th of 47
Parking
G571/572
Developer
Dubai Properties
Completed
2007
Service charge
AED 51,100 /yr
Last sold
AED 4.6M · July 2008
Building
Sadaf 8

About 4002, Sadaf 8

4002 is a four-bedroom apartment of 2,851 sqft on the 40th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 24 July 2008 for AED 4,600,000, or AED 1,613 per sqft, 364% above the AED 348 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 2 October 2019, is AED 100,000 a year: a gross yield of 2.2% on the 2008 price, before the service charge of about AED 51,100 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, 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, September 2007: AED 949,000 (AED 332 per sqft)Sold, July 2008: AED 4,600,000 (AED 1,613 per sqft)

4002 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4002, 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, September 2016: AED 225,000 a yearRenewal, September 2017: AED 203,226 a yearRenewal, October 2018: AED 150,000 a yearRenewal, October 2019: AED 100,000 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 4002 sits

All 83 4-beds →

4002 last sold in July 2008 at AED 1,613 per sqft, 364% above what four-beds in Sadaf 8 were fetching at the time (AED 348). 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. 4002's AED 100,000 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 40th floor

All 164 units in Sadaf 8
Value
40014-bedAED 3.05M · Mar 2017

4002, Sadaf 8 in numbers

  • Sold twice: first on 13 September 2007 for AED 949,000, last on 24 July 2008 for AED 4,600,000 (AED 1,613 per sqft).
  • Rented since September 2016 on 4 Ejari contracts, from AED 225,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2008 price is 2.2%, before a service charge of about AED 51,100 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 2 October 2019.

Questions about 4002, Sadaf 8

What did unit 4002 last sell for?

AED 4,600,000 on 24 July 2008: AED 1,613 per sqft for 2,851 sqft. The unit has 2 registered sales; the first was AED 949,000 in September 2007.

What is the rent for unit 4002?

AED 100,000 a year on the contract renewed on 2 October 2019. The previous contract, from October 2018, was AED 150,000; the unit has been rented since September 2016.

How big is unit 4002?

2,851 sqft (264.9 sqm): a four-bedroom apartment on the 40th floor of a 47-storey tower completed in 2007.

What is unit 4002 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 4002, Sadaf 8

Starts from the last sale price (AED 4.6M, 24 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →