1602, Al Seef Tower
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Al Seef Tower
What is 1602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 16 June 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 3,554 sqft
- Floor
- 16th of 43
- Parking
- 2
- Developer
- Deyaar
- Completed
- 2005
- Service charge
- AED 56,300 /yr
- Last sold
- AED 4M · June 2023
- Building
- Al Seef Tower
About 1602, Al Seef Tower
1602 is a three-bedroom apartment of 3,554 sqft on the 16th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 16 June 2023 for AED 4,000,000, or AED 1,125 per sqft, 14% above the AED 984 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 March 2021, is AED 160,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 56,300 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1602 sits
All 96 3-beds →1602 last sold in June 2023 at AED 1,125 per sqft, 14% above what three-beds in Al Seef Tower were fetching at the time (AED 984). 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. 1602's AED 160,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 3,554 sqft | 4,557,616 | 1,282 | ||
| 24 Aug 202624 August 2026 | 3,554 sqft | 4,300,000 | 1,210 | ||
| 5 Feb 20265 February 2026 | 3,554 sqft | 5,600,000 | 1,575 | ||
| 29 Dec 202529 December 2025 | 3,554 sqft | 4,750,000 | 1,336 |
Al Seef Tower
Building158 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%
Other units on the 16th floor
All 158 units in Al Seef Tower1602, Al Seef Tower in numbers
- Sold twice: first on 20 July 2010 for AED 1,475,000, last on 16 June 2023 for AED 4,000,000 (AED 1,125 per sqft).
- Rented since February 2017 on 4 Ejari contracts, from AED 250,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 4.0%, 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 16 June 2023.
Questions about 1602, Al Seef Tower
What did unit 1602 last sell for?
AED 4,000,000 on 16 June 2023: AED 1,125 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,475,000 in July 2010.
What is the rent for unit 1602?
AED 160,000 a year on the contract signed on 10 March 2021. The previous contract, from October 2019, was AED 185,000; the unit has been rented since February 2017.
How big is unit 1602?
3,554 sqft (330.2 sqm): a three-bedroom apartment on the 16th floor of a 43-storey tower completed in 2005.
What is unit 1602 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 1602? 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.
Mortgage on 1602, Al Seef Tower
Starts from the last sale price (AED 4M, 16 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →