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3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 12th floor · completed 2005

1203, Al Seef Tower

Sold prices and rental history: sold twice, last in April 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 3.8M30 April 2024
Current rentAED 180K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1203, Al Seef Tower

What is 1203 worth today?

Last sold for AED 3,800,000 in 2024

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30 Apr 2024SoldReady
AED 3,800,000AED 1,069 per sqft
1 Aug 2019RentedRenewal
AED 180,000/yr12 months · AED 51 per sqft
1 Aug 2018RentedNew contract
AED 180,000/yr12 months · AED 51 per sqft
20 May 2009Sold by developerReady
AED 1,249,668AED 351 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
12th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 3.8M · April 2024
Building
Al Seef Tower

About 1203, Al Seef Tower

1203 is a three-bedroom apartment of 3,554 sqft on the 12th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 30 April 2024 for AED 3,800,000, or AED 1,069 per sqft, 11% below the AED 1,203 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 August 2019, is AED 180,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 56,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical three-bed in Al Seef Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 1,298,997; 2010 AED 1,340,709; 2011 AED 1,334,713; 2012 AED 1,700,000; 2013 AED 4,300,000; 2014 AED 5,250,000; 2015 AED 5,050,000; 2016 AED 2,850,000; 2017 AED 3,750,000; 2018 AED 3,800,000; 2019 AED 2,403,749; 2021 AED 3,000,000; 2022 AED 3,200,000; 2023 AED 3,750,000; 2024 AED 4,145,000; 2025 AED 4,800,000; 2026 AED 4,557,616Sold by developer, May 2009: AED 1,249,668 (AED 351 per sqft)Sold, April 2024: AED 3,800,000 (AED 1,069 per sqft)

1203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1203, each contractTypical three-bed in Al Seef Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 215,000; 2014 AED 233,750; 2015 AED 240,000; 2016 AED 232,500; 2017 AED 222,797; 2018 AED 200,000; 2019 AED 186,500; 2020 AED 160,000; 2021 AED 160,000; 2022 AED 182,500; 2023 AED 205,000; 2024 AED 225,500; 2025 AED 245,000; 2026 AED 235,000New contract, August 2018: AED 180,000 a yearRenewal, August 2019: AED 180,000 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 Al Seef Tower, and where 1203 sits

All 96 3-beds →

1203 last sold in April 2024 at AED 1,069 per sqft, 11% below what three-beds in Al Seef Tower were fetching at the time (AED 1,203). Over the last 12 months three-beds sold for AED 4,300,000 to 6,500,000, around AED 1,336 per sqft, and rent for AED 170,000 to 275,000 a year. 1203's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Oct 20264,557,616
24 Aug 20264,300,000
5 Feb 20265,600,000
29 Dec 20254,750,000
5 3-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 12th floor

All 158 units in Al Seef Tower
Value
12013-bedAED 3.75M · Jun 2023
12023-bedAED 1.32M · Jun 2009
12043-bedAED 3M · Jun 2023

1203, Al Seef Tower in numbers

  • Sold twice: first on 20 May 2009 for AED 1,249,668, last on 30 April 2024 for AED 3,800,000 (AED 1,069 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 56,300 a year (AED 15.84 per sqft).
  • Three-beds in Al Seef Tower sold for AED 4,300,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,336 per sqft.

Source: Dubai Land Department. Updated 30 April 2024.

Questions about 1203, Al Seef Tower

What did unit 1203 last sell for?

AED 3,800,000 on 30 April 2024: AED 1,069 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,249,668 in May 2009.

What is the rent for unit 1203?

AED 180,000 a year on the contract renewed on 1 August 2019. The previous contract, from August 2018, was AED 180,000.

How big is unit 1203?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 12th floor of a 43-storey tower completed in 2005.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Seef Tower sold for AED 4,300,000 to 6,500,000 in the last 12 months, around AED 1,336 per sqft.

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Mortgage on 1203, Al Seef Tower

Starts from the last sale price (AED 3.8M, 30 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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