Penthouse · 1,966 sqftSadaf 8, Jumeirah Beach Residence · 46th floor · completed 2007

4601, Sadaf 8

Sold prices and rental history: sold 5 times, last in November 2022, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4601 · DLD and Ejari recordsUpdated 22 November 2022
Last soldAED 3.4M22 November 2022
Current rentAED 92K /yr28 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4601, Sadaf 8

What is 4601 worth today?

Last sold for AED 3,400,000 in 2022

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22 Nov 2022SoldReady
AED 3,400,000AED 1,729 per sqft
30 Jun 2022SoldReady
AED 2,660,000AED 1,353 per sqft
16 Feb 2021SoldReady
AED 1,925,000AED 979 per sqft
28 Aug 2020RentedNew contract
AED 92,000/yr12 months · AED 47 per sqft
28 Feb 2013SoldReady
AED 2,000,000AED 1,017 per sqft
26 Dec 2012Sold by developerReady
AED 1,395,000AED 709 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2022.

Key facts

Type
Penthouse apartment
Size
1,966 sqft
Floor
46th of 47
Parking
M511
Developer
Dubai Properties
Completed
2007
Service charge
AED 35,200 /yr
Last sold
AED 3.4M · November 2022
Building
Sadaf 8

About 4601, Sadaf 8

4601 is a penthouse of 1,966 sqft on the 46th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 22 November 2022 for AED 3,400,000, or AED 1,729 per sqft, 25% above the AED 1,382 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2020. The current contract, signed on 28 August 2020, is AED 92,000 a year: a gross yield of 2.7% on the 2022 price, before the service charge of about AED 35,200 a year.

Sales and rents for 4601 over time

Sales
Unit 4601, each saleTypical penthouse in Sadaf 8
2M3M2008201220162020Typical sale price by year: 2008 AED 3,390,000; 2012 AED 2,000,000; 2015 AED 2,975,000; 2022 AED 3,125,000Sold by developer, December 2012: AED 1,395,000 (AED 709 per sqft)Sold, February 2013: AED 2,000,000 (AED 1,017 per sqft)Sold, February 2021: AED 1,925,000 (AED 979 per sqft)Sold, June 2022: AED 2,660,000 (AED 1,353 per sqft)Sold, November 2022: AED 3,400,000 (AED 1,729 per sqft)

4601 has sold 5 times; the dashed line is the penthouse median of each year in the building.

Penthouses in Sadaf 8, and where 4601 sits

All 6 penthouses →

4601 last sold in November 2022 at AED 1,729 per sqft, 25% above what penthouses in Sadaf 8 were fetching at the time (AED 1,382).

Recent penthouse salesUnit no.Price (AED)Summary
13 Jan 20259,750,000
5 Aug 20242,181,000
13 Feb 20237,200,000
13 Apr 20225,181,805
0 penthouse 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 46th floor

All 164 units in Sadaf 8
Value
4602PenthouseAED 2.18M · Aug 2024
4603PenthouseAED 2.95M · Sep 2015
4604PenthouseAED 2.85M · Jan 2022

4601, Sadaf 8 in numbers

  • Sold 5 times: first on 26 December 2012 for AED 1,395,000, last on 22 November 2022 for AED 3,400,000 (AED 1,729 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2022 price is 2.7%, before a service charge of about AED 35,200 a year (AED 17.91 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2022.

Questions about 4601, Sadaf 8

What did unit 4601 last sell for?

AED 3,400,000 on 22 November 2022: AED 1,729 per sqft for 1,966 sqft. The unit has 5 registered sales; the first was AED 1,395,000 in December 2012.

What is the rent for unit 4601?

AED 92,000 a year on the contract signed on 28 August 2020.

How big is unit 4601?

1,966 sqft (182.6 sqm): a penthouse on the 46th floor of a 47-storey tower completed in 2007.

What is unit 4601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4601, Sadaf 8

Starts from the last sale price (AED 3.4M, 22 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →