3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 27th floor · completed 2005

2704, Al Seef Tower

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 6 August 2024
Last soldAED 3.8M6 August 2024
Current rentAED 220K /yr14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Al Seef Tower

What is 2704 worth today?

Last sold for AED 3,800,000 in 2024

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6 Aug 2024SoldReady
AED 3,800,000AED 1,069 per sqft
14 Dec 2023RentedRenewal
AED 220,000/yr12 months · AED 62 per sqft
14 Dec 2023RentedRenewal
AED 220,000/yr12 months · AED 62 per sqft
14 Dec 2021RentedNew contract
AED 190,000/yr12 months · AED 53 per sqft
9 Sep 2020RentedRenewal
AED 162,000/yr12 months · AED 46 per sqft
9 Sep 2019RentedRenewal
AED 195,000/yr12 months · AED 55 per sqft
9 Sep 2018RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft
1 Jul 2016RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 6 August 2024.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
27th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 3.8M · August 2024

About 2704, Al Seef Tower

2704 is a three-bedroom apartment of 3,554 sqft on the 27th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 6 August 2024 for AED 3,800,000, or AED 1,069 per sqft, 16% below the AED 1,280 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 14 December 2023, is AED 220,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 56,300 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, August 2010: AED 1,325,000 (AED 372 per sqft)Sold, August 2024: AED 3,800,000 (AED 1,069 per sqft)

2704 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2704, 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, July 2016: AED 200,000 a yearNew contract, September 2018: AED 200,000 a yearRenewal, September 2019: AED 195,000 a yearRenewal, September 2020: AED 162,000 a yearNew contract, December 2021: AED 190,000 a yearRenewal, December 2023: AED 220,000 a yearRenewal, December 2023: AED 220,000 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 2704 sits

All 96 3-beds →

2704 last sold in August 2024 at AED 1,069 per sqft, 16% below what three-beds in Al Seef Tower were fetching at the time (AED 1,280). 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. 2704's AED 220,000 is in the lower 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 27th floor

All 158 units in Al Seef Tower
Value
27013-bedAED 3.8M · Mar 2018
27023-bedAED 1.33M · Nov 2009
27033-bedAED 4.55M · Feb 2024

2704, Al Seef Tower in numbers

  • Sold twice: first on 15 August 2010 for AED 1,325,000, last on 6 August 2024 for AED 3,800,000 (AED 1,069 per sqft).
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 162,000 in 2020 and recovered to AED 220,000 by December 2023.
  • At AED 220,000 a year the gross yield on the 2024 price is 5.8%, 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 6 August 2024.

Questions about 2704, Al Seef Tower

What did unit 2704 last sell for?

AED 3,800,000 on 6 August 2024: AED 1,069 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,325,000 in August 2010.

What is the rent for unit 2704?

AED 220,000 a year on the contract renewed on 14 December 2023. The previous contract, from December 2023, was AED 220,000; the unit has been rented since July 2016.

How big is unit 2704?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 27th floor of a 43-storey tower completed in 2005.

What is unit 2704 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 2704, Al Seef Tower

Starts from the last sale price (AED 3.8M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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