3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 15th floor · completed 2005

1504, Al Seef Tower

Sold prices and rental history: sold twice, last in February 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 22 February 2017
Last soldAED 3.5M22 February 2017
Current rentAED 194K /yr8 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Al Seef Tower

What is 1504 worth today?

Last sold for AED 3,500,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Feb 2017SoldReady
AED 3,500,000AED 984 per sqft
8 Jan 2015RentedNew contract
AED 194,111/yr11 months · AED 55 per sqft
8 Jan 2014RentedNew contract
AED 195,000/yr12 months · AED 55 per sqft
8 Jan 2013RentedNew contract
AED 185,000/yr12 months · AED 52 per sqft
1 Apr 2009Sold by developerReady
AED 1,325,000AED 372 per sqft

Source: Dubai Land Department. Updated 22 February 2017.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
15th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 3.5M · February 2017

About 1504, Al Seef Tower

1504 is a three-bedroom apartment of 3,554 sqft on the 15th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 22 February 2017 for AED 3,500,000, or AED 984 per sqft, 27% above the AED 773 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 8 January 2015, is AED 194,111 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 56,300 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, April 2009: AED 1,325,000 (AED 372 per sqft)Sold, February 2017: AED 3,500,000 (AED 984 per sqft)

1504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, 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, January 2013: AED 185,000 a yearNew contract, January 2014: AED 195,000 a yearNew contract, January 2015: AED 194,111 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 1504 sits

All 96 3-beds →

1504 last sold in February 2017 at AED 984 per sqft, 27% above what three-beds in Al Seef Tower were fetching at the time (AED 773). 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. 1504's AED 194,111 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 15th floor

All 158 units in Al Seef Tower
Value
15013-bedAED 1.25M · Jul 2009
15023-bedAED 5.2M · Sep 2015
15033-bedAED 3.5M · Sep 2022

1504, Al Seef Tower in numbers

  • Sold twice: first on 1 April 2009 for AED 1,325,000, last on 22 February 2017 for AED 3,500,000 (AED 984 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 185,000 to AED 194,111 a year.
  • At AED 194,111 a year the gross yield on the 2017 price is 5.5%, 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 22 February 2017.

Questions about 1504, Al Seef Tower

What did unit 1504 last sell for?

AED 3,500,000 on 22 February 2017: AED 984 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,325,000 in April 2009.

What is the rent for unit 1504?

AED 194,111 a year on the contract signed on 8 January 2015. The previous contract, from January 2014, was AED 195,000; the unit has been rented since January 2013.

How big is unit 1504?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 15th floor of a 43-storey tower completed in 2005.

What is unit 1504 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.

Selling 1504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1504, Al Seef Tower

Starts from the last sale price (AED 3.5M, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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