3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 26th floor · completed 2005

2603, Al Seef Tower

Sold prices and rental history: sold 4 times, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 10 April 2014
Last soldAED 5.5M10 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Al Seef Tower

What is 2603 worth today?

Last sold for AED 5,500,000 in 2014

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10 Apr 2014SoldReady
AED 5,500,000AED 1,547 per sqft
5 Dec 2011SoldReady
AED 3,200,000AED 900 per sqft
6 May 2009SoldReady
AED 1,026,043AED 288 per sqft
3 May 2009Sold by developerReady
AED 1,282,554AED 360 per sqft

Source: Dubai Land Department. Updated 10 April 2014.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
26th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 5.5M · April 2014

About 2603, Al Seef Tower

2603 is a three-bedroom apartment of 3,554 sqft on the 26th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 10 April 2014 for AED 5,500,000, or AED 1,547 per sqft, 15% above the AED 1,343 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical three-bed in Al Seef Tower
2.5M5M2009201420192024Typical 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, May 2009: AED 1,026,043 (AED 288 per sqft)Sold by developer, May 2009: AED 1,282,554 (AED 360 per sqft)Sold, December 2011: AED 3,200,000 (AED 900 per sqft)Sold, April 2014: AED 5,500,000 (AED 1,547 per sqft)

2603 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2603, 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 235,000

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 2603 sits

All 96 3-beds →

2603 last sold in April 2014 at AED 1,547 per sqft, 15% above what three-beds in Al Seef Tower were fetching at the time (AED 1,343). 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.

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 26th floor

All 158 units in Al Seef Tower
Value
26013-bedAED 1.28M · Jun 2009
26023-bedAED 1.33M · Jun 2009
26043-bedAED 1.33M · Jun 2009

2603, Al Seef Tower in numbers

  • Sold 4 times: first on 3 May 2009 for AED 1,282,554, last on 10 April 2014 for AED 5,500,000 (AED 1,547 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 April 2014.

Questions about 2603, Al Seef Tower

What did unit 2603 last sell for?

AED 5,500,000 on 10 April 2014: AED 1,547 per sqft for 3,554 sqft. The unit has 4 registered sales; the first was AED 1,282,554 in May 2009.

How big is unit 2603?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 26th floor of a 43-storey tower completed in 2005.

What is unit 2603 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 2603, Al Seef Tower

Starts from the last sale price (AED 5.5M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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