3-bed · 3,766 sqftSadaf 8, Jumeirah Beach Residence · completed 2007

P02, Sadaf 8

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

Unit P02 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 3.58M1 April 2024
Current rentAED 169K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P02, Sadaf 8

What is P02 worth today?

Last sold for AED 3,575,000 in 2024

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1 Apr 2024SoldReady
AED 3,575,000AED 949 per sqft
1 Feb 2024RentedRenewal
AED 169,400/yr12 months · AED 45 per sqft
1 Feb 2023RentedRenewal
AED 154,000/yr12 months · AED 41 per sqft
1 Feb 2021RentedNew contract
AED 130,000/yr12 months · AED 35 per sqft
7 Aug 2019RentedNew contract
AED 170,000/yr12 months · AED 45 per sqft
8 Jul 2018RentedRenewal
AED 180,000/yr12 months · AED 48 per sqft
8 Jul 2017RentedRenewal
AED 180,000/yr12 months · AED 48 per sqft
8 Jul 2016RentedNew contract
AED 190,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
3,766 sqft
Parking
M658
Developer
Dubai Properties
Completed
2007
Service charge
AED 67,500 /yr
Last sold
AED 3.58M · April 2024
Building
Sadaf 8

About P02, Sadaf 8

P02 is a three-bedroom apartment of 3,766 sqft of Sadaf 8, a 47-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. It last sold on 1 April 2024 for AED 3,575,000, or AED 949 per sqft, 13% below the AED 1,087 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 169,400 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 67,500 a year.

Sales and rents for P02 over time

Sales
Unit P02, each saleTypical three-bed in Sadaf 8
2M4M2007201220172022Typical sale price by year: 2007 AED 699,000; 2008 AED 699,000; 2009 AED 999,500; 2010 AED 1,965,000; 2011 AED 1,575,000; 2012 AED 1,815,000; 2013 AED 1,940,000; 2014 AED 2,110,000; 2015 AED 2,627,500; 2016 AED 2,350,000; 2019 AED 1,600,000; 2020 AED 1,400,000; 2021 AED 1,500,000; 2022 AED 1,835,000; 2023 AED 2,070,000; 2024 AED 2,400,000; 2025 AED 2,500,000Sold by developer, February 2010: AED 3,894,450 (AED 1,034 per sqft)Sold, April 2024: AED 3,575,000 (AED 949 per sqft)

P02 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit P02, each contractTypical three-bed in Sadaf 8
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 102,500; 2021 AED 103,750; 2022 AED 124,025; 2023 AED 140,000; 2024 AED 161,375; 2025 AED 161,375; 2026 AED 165,000New contract, April 2013: AED 180,000 a yearRenewal, April 2014: AED 180,000 a yearRenewal, April 2015: AED 195,000 a yearNew contract, July 2016: AED 190,000 a yearRenewal, July 2017: AED 180,000 a yearRenewal, July 2018: AED 180,000 a yearNew contract, August 2019: AED 170,000 a yearNew contract, February 2021: AED 130,000 a yearRenewal, February 2023: AED 154,000 a yearRenewal, February 2024: AED 169,400 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sadaf 8, and where P02 sits

All 75 3-beds →

P02 last sold in April 2024 at AED 949 per sqft, 13% below what three-beds in Sadaf 8 were fetching at the time (AED 1,087). Over the last 12 months three-beds sold for AED 2,500,000, around AED 1,313 per sqft, and rent for AED 51,184 to 180,000 a year. P02's AED 169,400 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Dec 20252,500,000
23 May 20252,750,000
16 Apr 20252,300,000
24 Mar 20252,580,000
1 3-bed sale 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 →

P02, Sadaf 8 in numbers

  • Sold twice: first on 25 February 2010 for AED 3,894,450, last on 1 April 2024 for AED 3,575,000 (AED 949 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 130,000 in 2021 and recovered to AED 169,400 by February 2024.
  • At AED 169,400 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 67,500 a year (AED 17.91 per sqft).
  • Three-beds in Sadaf 8 sold for AED 2,500,000–2,500,000 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 1 April 2024.

Questions about P02, Sadaf 8

What did unit P02 last sell for?

AED 3,575,000 on 1 April 2024: AED 949 per sqft for 3,766 sqft. The unit has 2 registered sales; the first was AED 3,894,450 in February 2010.

What is the rent for unit P02?

AED 169,400 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 154,000; the unit has been rented since April 2013.

How big is unit P02?

3,766 sqft (349.9 sqm): a three-bedroom apartment of a 47-storey tower completed in 2007.

What is unit P02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sadaf 8 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,313 per sqft.

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Mortgage on P02, Sadaf 8

Starts from the last sale price (AED 3.58M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,575,000
Deposit, UAE resident (20%)
AED 715,000
Deposit, non-resident (40%)
AED 1,430,000
Monthly over 25 years at 3.7%
AED 14,626

Plus AED 155,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →