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4-bed · 2,707 sqftSadaf 8, Jumeirah Beach Residence · 5th floor · completed 2007

504, Sadaf 8

Sold prices and rental history: sold twice, last in December 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 10 December 2020
Last soldAED 1.8M26 December 2010
Current rentAED 130K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Sadaf 8

What is 504 worth today?

Last sold for AED 1,800,000 in 2010

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10 Dec 2020RentedNew contract
AED 130,000/yr12 months · AED 48 per sqft
10 Oct 2013RentedNew contract
AED 200,000/yr12 months · AED 74 per sqft
26 Dec 2010SoldReady
AED 1,800,000AED 664 per sqft
14 Nov 2010Sold by developerReady
AED 3,249,000AED 1,200 per sqft

Source: Dubai Land Department. Updated 10 December 2020.

Key facts

Type
4-bed apartment
Size
2,707 sqft
Floor
5th of 47
Parking
B791/ B792
Developer
Dubai Properties
Completed
2007
Service charge
AED 48,500 /yr
Last sold
AED 1.8M · December 2010
Building
Sadaf 8

About 504, Sadaf 8

504 is a four-bedroom apartment of 2,707 sqft on the 5th floor of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 26 December 2010 for AED 1,800,000, or AED 664 per sqft, 34% below the AED 1,001 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 10 December 2020, is AED 130,000 a year: a gross yield of 7.2% on the 2010 price, before the service charge of about AED 48,500 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, November 2010: AED 3,249,000 (AED 1,200 per sqft)Sold, December 2010: AED 1,800,000 (AED 664 per sqft)

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

Rents
Unit 504, 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, October 2013: AED 200,000 a yearNew contract, December 2020: AED 130,000 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 504 sits

All 83 4-beds →

504 last sold in December 2010 at AED 664 per sqft, 34% below what four-beds in Sadaf 8 were fetching at the time (AED 1,001). 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. 504's AED 130,000 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 5th floor

All 164 units in Sadaf 8
Value
5013-bedAED 1.16M · Feb 2014
5023-bedAED 699K · Feb 2008
503AED 3.3M · Nov 2025
5053-bedAED 699K · Jan 2016
5063-bedAED 2.05M · Mar 2023

504, Sadaf 8 in numbers

  • Sold twice: first on 14 November 2010 for AED 3,249,000, last on 26 December 2010 for AED 1,800,000 (AED 664 per sqft).
  • Rented since October 2013 on 2 Ejari contracts, from AED 200,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2010 price is 7.2%, 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 10 December 2020.

Questions about 504, Sadaf 8

What did unit 504 last sell for?

AED 1,800,000 on 26 December 2010: AED 664 per sqft for 2,707 sqft. The unit has 2 registered sales; the first was AED 3,249,000 in November 2010.

What is the rent for unit 504?

AED 130,000 a year on the contract signed on 10 December 2020. The previous contract, from October 2013, was AED 200,000.

How big is unit 504?

2,707 sqft (251.5 sqm): a four-bedroom apartment on the 5th floor of a 47-storey tower completed in 2007.

What is unit 504 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 504, Sadaf 8

Starts from the last sale price (AED 1.8M, 26 December 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →