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

2303, Al Seef Tower

Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 11 November 2024
Last soldAED 4.6M11 November 2024
Current rentAED 240K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Al Seef Tower

What is 2303 worth today?

Last sold for AED 4,600,000 in 2024

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11 Nov 2024SoldReady
AED 4,600,000AED 1,294 per sqft
1 May 2024RentedNew contract
AED 240,000/yr12 months · AED 68 per sqft
1 May 2024RentedNew contract
AED 240,000/yr12 months · AED 68 per sqft
10 Nov 2019SoldReady
AED 1,250,000AED 703 per sqft
1 Oct 2019SoldReady
AED 2,513,749AED 707 per sqft
10 Oct 2016RentedRenewal
AED 240,000/yr12 months · AED 68 per sqft
10 Oct 2015RentedNew contract
AED 240,000/yr12 months · AED 68 per sqft
3 Feb 2013SoldReady
AED 4,300,000AED 1,209 per sqft

Source: Dubai Land Department. Updated 11 November 2024.

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 4.6M · November 2024

About 2303, Al Seef Tower

2303 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 11 November 2024 for AED 4,600,000, or AED 1,294 per sqft, 11% above the AED 1,166 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 240,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 56,300 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical three-bed in Al Seef Tower
02.5M5M2009201420192024Typical 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, June 2011: AED 641,277 (AED 180 per sqft)Sold, February 2013: AED 4,300,000 (AED 1,209 per sqft)Sold, October 2019: AED 2,513,749 (AED 707 per sqft)Sold, November 2019: AED 1,250,000 (AED 703 per sqft)Sold, November 2024: AED 4,600,000 (AED 1,294 per sqft)

2303 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, 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, May 2012: AED 180,000 a yearNew contract, October 2015: AED 240,000 a yearRenewal, October 2016: AED 240,000 a yearNew contract, May 2024: AED 240,000 a yearNew contract, May 2024: AED 240,000 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 2303 sits

All 96 3-beds →

2303 last sold in November 2024 at AED 1,294 per sqft, 11% above what three-beds in Al Seef Tower were fetching at the time (AED 1,166). 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. 2303's AED 240,000 is in the upper 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 23rd floor

All 158 units in Al Seef Tower
Value
23013-bedAED 5.4M · Sep 2013
23023-bedAED 3.6M · May 2022
23043-bedAED 1.5M · Nov 2009

2303, Al Seef Tower in numbers

  • Sold 5 times: first on 23 June 2011 for AED 641,277, last on 11 November 2024 for AED 4,600,000 (AED 1,294 per sqft).
  • Rented since May 2012 on 5 Ejari contracts, from AED 180,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2024 price is 5.2%, 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 11 November 2024.

Questions about 2303, Al Seef Tower

What did unit 2303 last sell for?

AED 4,600,000 on 11 November 2024: AED 1,294 per sqft for 3,554 sqft. The unit has 5 registered sales; the first was AED 641,277 in June 2011.

What is the rent for unit 2303?

AED 240,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 240,000; the unit has been rented since May 2012.

How big is unit 2303?

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 2303 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 2303, Al Seef Tower

Starts from the last sale price (AED 4.6M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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