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

1002, Al Seef Tower

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 2.3M19 August 2024
Current rentAED 110K /yr9 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Al Seef Tower

What is 1002 worth today?

Last sold for AED 2,300,000 in 2024

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19 Aug 2024SoldReady
AED 2,300,000AED 1,112 per sqft
9 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
9 Sep 2022RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
9 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
9 Sep 2020RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
9 Sep 2019RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
9 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
3 Sep 2017RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 19 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 2.3M · August 2024

About 1002, Al Seef Tower

1002 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 19 August 2024 for AED 2,300,000, or AED 1,112 per sqft, in line with the AED 1,112 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 9 September 2023, is AED 110,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, 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, June 2010: AED 716,783 (AED 346 per sqft)Sold, March 2012: AED 1,730,000 (AED 836 per sqft)Sold, August 2024: AED 2,300,000 (AED 1,112 per sqft)

1002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, 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, April 2013: AED 145,000 a yearNew contract, April 2014: AED 145,000 a yearNew contract, September 2015: AED 170,000 a yearRenewal, September 2016: AED 155,000 a yearRenewal, September 2017: AED 150,000 a yearNew contract, September 2018: AED 130,000 a yearRenewal, September 2019: AED 130,000 a yearRenewal, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearRenewal, September 2022: AED 110,000 a yearRenewal, September 2023: AED 110,000 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 1002 sits

All 47 2-beds →

1002 last sold in August 2024 at AED 1,112 per sqft, in line with what two-beds in Al Seef Tower were fetching at the time (AED 1,112). 1002's AED 110,000 is at the bottom 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
10012-bedAED 2M · Jul 2021
10032-bedAED 680K · Jun 2009
10042-bedAED 3.29M · Sep 2014
10052-bedAED 697K · Feb 2010
10062-bedAED 800K · Jun 2009

1002, Al Seef Tower in numbers

  • Sold 3 times: first on 16 June 2010 for AED 716,783, last on 19 August 2024 for AED 2,300,000 (AED 1,112 per sqft).
  • Rented since April 2013 on 11 Ejari contracts, from AED 145,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 32,700 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 19 August 2024.

Questions about 1002, Al Seef Tower

What did unit 1002 last sell for?

AED 2,300,000 on 19 August 2024: AED 1,112 per sqft for 2,067 sqft. The unit has 3 registered sales; the first was AED 716,783 in June 2010.

What is the rent for unit 1002?

AED 110,000 a year on the contract renewed on 9 September 2023. The previous contract, from September 2022, was AED 110,000; the unit has been rented since April 2013.

How big is unit 1002?

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 1002 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 1002, Al Seef Tower

Starts from the last sale price (AED 2.3M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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