1603, Al Seef Tower
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Al Seef Tower
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Source: Dubai Land Department. Updated 28 October 2024.
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 4.2M · October 2024
- Building
- Al Seef Tower
About 1603, Al Seef Tower
1603 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 28 October 2024 for AED 4,200,000, or AED 1,181 per sqft, in line with the AED 1,150 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 147,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 56,300 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 96 3-beds →1603 last sold in October 2024 at AED 1,181 per sqft, in line with what three-beds in Al Seef Tower were fetching at the time (AED 1,150). 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. 1603's AED 147,000 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 Tower1603, Al Seef Tower in numbers
- Sold twice: first on 6 November 2012 for AED 1,400,000, last on 28 October 2024 for AED 4,200,000 (AED 1,181 per sqft).
- Rented since March 2013 on 10 Ejari contracts, from AED 200,000 to AED 147,000 a year.
- At AED 147,000 a year the gross yield on the 2024 price is 3.5%, 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 28 October 2024.
Questions about 1603, Al Seef Tower
What did unit 1603 last sell for?
AED 4,200,000 on 28 October 2024: AED 1,181 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in November 2012.
What is the rent for unit 1603?
AED 147,000 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 140,000; the unit has been rented since March 2013.
How big is unit 1603?
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 1603 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 1603, Al Seef Tower
Starts from the last sale price (AED 4.2M, 28 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,200,000
- Deposit, UAE resident (20%)
- AED 840,000
- Deposit, non-resident (40%)
- AED 1,680,000
- Monthly over 25 years at 3.7%
- AED 17,184
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →