3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 25th floor · completed 2005

2504, Al Seef Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 17 September 2017
Last soldAED 1.33M23 June 2009
Current rentAED 120K /yr17 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Al Seef Tower

What is 2504 worth today?

Last sold for AED 1,325,000 in 2009

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17 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 34 per sqft
1 Jun 2012RentedNew contract
AED 180,000/yr12 months · AED 51 per sqft
23 Jun 2009Sold by developerReady
AED 1,325,000AED 372 per sqft

Source: Dubai Land Department. Updated 17 September 2017.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
25th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 1.33M · June 2009

About 2504, Al Seef Tower

2504 is a three-bedroom apartment of 3,554 sqft on the 25th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. The developer sold it on 23 June 2009 for AED 1,325,000, or AED 372 per sqft, in line with the AED 372 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 17 September 2017, is AED 120,000 a year: a gross yield of 9.1% on the 2009 price, before the service charge of about AED 56,300 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, June 2009: AED 1,325,000 (AED 372 per sqft)

2504 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2504, each contractTypical three-bed in Al Seef Tower
100K200K2012201620202024Typical 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, June 2012: AED 180,000 a yearNew contract, September 2017: AED 120,000 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 2504 sits

All 96 3-beds →

2504 last sold in June 2009 at AED 372 per sqft, in line with what three-beds in Al Seef Tower were fetching at the time (AED 372). 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. 2504's AED 120,000 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 25th floor

All 158 units in Al Seef Tower
Value
25013-bedAED 3M · Sep 2021
25023-bedAED 4.8M · Oct 2023
25033-bedAED 641K · Aug 2009

2504, Al Seef Tower in numbers

  • Sold once: by Deyaar on 23 June 2009 for AED 1,325,000, or AED 372 per sqft.
  • Rented since June 2012 on 2 Ejari contracts, from AED 180,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 9.1%, 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 17 September 2017.

Questions about 2504, Al Seef Tower

What did unit 2504 last sell for?

AED 1,325,000 on 23 June 2009, sold by the developer: AED 372 per sqft for 3,554 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 120,000 a year on the contract signed on 17 September 2017. The previous contract, from June 2012, was AED 180,000.

How big is unit 2504?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 25th floor of a 43-storey tower completed in 2005.

What is unit 2504 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 2504, Al Seef Tower

Starts from the last sale price (AED 1.33M, 23 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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