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3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 23rd floor · completed 2005

2302, Al Seef Tower

Sold prices and rental history: sold twice, last in May 2022, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 3.6M10 May 2022
Current rentAED 160K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2302, Al Seef Tower

What is 2302 worth today?

Last sold for AED 3,600,000 in 2022

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10 May 2022SoldReady
AED 3,600,000AED 1,013 per sqft
1 Nov 2021RentedRenewal
AED 160,000/yr12 months · AED 45 per sqft
11 Jan 2010Sold by developerReady
AED 1,331,883AED 374 per sqft

Source: Dubai Land Department. Updated 10 May 2022.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
23rd of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 3.6M · May 2022
Building
Al Seef Tower

About 2302, Al Seef Tower

2302 is a three-bedroom apartment of 3,554 sqft on the 23rd floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 10 May 2022 for AED 3,600,000, or AED 1,013 per sqft, 20% above the AED 844 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2021. The current contract, renewed on 1 November 2021, is AED 160,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 56,300 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, January 2010: AED 1,331,883 (AED 374 per sqft)Sold, May 2022: AED 3,600,000 (AED 1,013 per sqft)

2302 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, 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 235,000Renewal, November 2021: AED 160,000 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 2302 sits

All 96 3-beds →

2302 last sold in May 2022 at AED 1,013 per sqft, 20% above what three-beds in Al Seef Tower were fetching at the time (AED 844). 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. 2302's AED 160,000 is at the bottom 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 23rd floor

All 158 units in Al Seef Tower
Value
23013-bedAED 5.4M · Sep 2013
23033-bedAED 4.6M · Nov 2024
23043-bedAED 1.5M · Nov 2009

2302, Al Seef Tower in numbers

  • Sold twice: first on 11 January 2010 for AED 1,331,883, last on 10 May 2022 for AED 3,600,000 (AED 1,013 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 4.4%, 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 10 May 2022.

Questions about 2302, Al Seef Tower

What did unit 2302 last sell for?

AED 3,600,000 on 10 May 2022: AED 1,013 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,331,883 in January 2010.

What is the rent for unit 2302?

AED 160,000 a year on the contract renewed on 1 November 2021.

How big is unit 2302?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2005.

What is unit 2302 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 2302, Al Seef Tower

Starts from the last sale price (AED 3.6M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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