4702, Sadaf 8
Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4702, Sadaf 8
What is 4702 worth today?
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Source: Dubai Land Department. Updated 5 January 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 6,130 sqft
- Floor
- 47th of 47
- Parking
- M503/ M504
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 109,800 /yr
- Last sold
- AED 7.4M · June 2015
- Building
- Sadaf 8
About 4702, Sadaf 8
4702 is a penthouse of 6,130 sqft on the 47th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 7 June 2015 for AED 7,400,000, or AED 1,207 per sqft.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 5 January 2025, is AED 396,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 109,800 a year.
Sales and rents for 4702 over time
4702 has sold twice; the dashed line is the penthouse median of each year in the building.
Penthouses in Sadaf 8, and where 4702 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202513 January 2025 | 6,233 sqft | 9,750,000 | 1,564 | ||
| 5 Aug 20245 August 2024 | 2,011 sqft | 2,181,000 | 1,084 | ||
| 13 Feb 202313 February 2023 | 6,233 sqft | 7,200,000 | 1,155 | ||
| 22 Nov 202222 November 2022 | 1,966 sqft | 3,400,000 | 1,729 |
Sadaf 8
Building164 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%
Other units on the 47th floor
All 164 units in Sadaf 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4701 | Penthouse | 6,233 sqft | AED 9.75MAED 9,750,000 · Jan 2025January 2025 |
4702, Sadaf 8 in numbers
- Sold twice: first on 29 June 2008 for AED 5,470,000, last on 7 June 2015 for AED 7,400,000 (AED 1,207 per sqft).
- Rented since May 2016 on 10 Ejari contracts. The rent fell from AED 325,000 to AED 145,000 in 2019 and recovered to AED 396,000 by January 2025.
- At AED 396,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 109,800 a year (AED 17.91 per sqft).
Source: Dubai Land Department. Updated 5 January 2025.
Questions about 4702, Sadaf 8
What did unit 4702 last sell for?
AED 7,400,000 on 7 June 2015: AED 1,207 per sqft for 6,130 sqft. The unit has 2 registered sales; the first was AED 5,470,000 in June 2008.
What is the rent for unit 4702?
AED 396,000 a year on the contract renewed on 5 January 2025. The previous contract, from January 2024, was AED 360,000; the unit has been rented since May 2016.
How big is unit 4702?
6,130 sqft (569.5 sqm): a penthouse on the 47th floor of a 47-storey tower completed in 2007.
What is unit 4702 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 4702, Sadaf 8
Starts from the last sale price (AED 7.4M, 7 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 7,400,000
- Deposit, UAE resident (20%)
- AED 1,480,000
- Deposit, non-resident (40%)
- AED 2,960,000
- Monthly over 25 years at 3.7%
- AED 30,276
Plus AED 315,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →