2-bed · 2,067 sqftAl Seef Tower, Dubai Marina · 10th floor · completed 2005

1001, Al Seef Tower

Sold prices and rental history: sold twice, last in July 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 2M18 July 2021
Current rentAED 155K /yr16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Al Seef Tower

What is 1001 worth today?

Last sold for AED 2,000,000 in 2021

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16 Aug 2024RentedRenewal
AED 155,000/yr36 months · AED 75 per sqft
16 Aug 2024RentedRenewal
AED 155,000/yr36 months · AED 75 per sqft
16 Aug 2021RentedNew contract
AED 125,000/yr36 months · AED 60 per sqft
18 Jul 2021SoldReady
AED 2,000,000AED 967 per sqft
10 Aug 2011Sold by developerReady
AED 676,488AED 327 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
2-bed apartment
Size
2,067 sqft
Floor
10th of 43
Parking
1
Developer
Deyaar
Completed
2005
Service charge
AED 32,700 /yr
Last sold
AED 2M · July 2021

About 1001, Al Seef Tower

1001 is a two-bedroom apartment of 2,067 sqft on the 10th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 18 July 2021 for AED 2,000,000, or AED 967 per sqft, 41% above the AED 688 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 16 August 2024, is AED 155,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Al Seef Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 680,400; 2010 AED 716,783; 2011 AED 688,905; 2012 AED 1,545,000; 2013 AED 2,087,500; 2014 AED 2,582,500; 2018 AED 2,075,000; 2024 AED 2,447,565; 2025 AED 2,558,638Sold by developer, August 2011: AED 676,488 (AED 327 per sqft)Sold, July 2021: AED 2,000,000 (AED 967 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Al Seef Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 144,000; 2015 AED 159,275; 2016 AED 155,000; 2017 AED 149,419; 2018 AED 135,000; 2019 AED 122,500; 2020 AED 109,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 119,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 149,000New contract, August 2021: AED 125,000 a yearRenewal, August 2024: AED 155,000 a yearRenewal, August 2024: AED 155,000 a year

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

2-beds in Al Seef Tower, and where 1001 sits

All 47 2-beds →

1001 last sold in July 2021 at AED 967 per sqft, 41% above what two-beds in Al Seef Tower were fetching at the time (AED 688). 1001's AED 155,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jul 20252,500,000
15 May 20252,600,000
2 May 20252,517,275
27 Feb 20253,000,000
0 2-bed sales in the last 12 months

Al Seef Tower

Building

158 apartments, 2-bed to 5-bed over 43 floors in Dubai Marina, completed in 2005 by Deyaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,336
Typical sale
AED 4.75M
Typical rent
AED 212K /yr
Typical yield
5.0%
Al Seef Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 158 units in Al Seef Tower
Value
10022-bedAED 2.3M · Aug 2024
10032-bedAED 680K · Jun 2009
10042-bedAED 3.29M · Sep 2014
10052-bedAED 697K · Feb 2010
10062-bedAED 800K · Jun 2009

1001, Al Seef Tower in numbers

  • Sold twice: first on 10 August 2011 for AED 676,488, last on 18 July 2021 for AED 2,000,000 (AED 967 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, from AED 125,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 32,700 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 16 August 2024.

Questions about 1001, Al Seef Tower

What did unit 1001 last sell for?

AED 2,000,000 on 18 July 2021: AED 967 per sqft for 2,067 sqft. The unit has 2 registered sales; the first was AED 676,488 in August 2011.

What is the rent for unit 1001?

AED 155,000 a year on the contract renewed on 16 August 2024. The previous contract, from August 2024, was AED 155,000; the unit has been rented since August 2021.

How big is unit 1001?

2,067 sqft (192.0 sqm): a two-bedroom apartment on the 10th floor of a 43-storey tower completed in 2005.

What is unit 1001 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 1001, Al Seef Tower

Starts from the last sale price (AED 2M, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →