3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 32nd floor · completed 2005

3203, Al Seef Tower

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 4.8M4 March 2024
Current rentAED 171K /yr28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Al Seef Tower

What is 3203 worth today?

Last sold for AED 4,800,000 in 2024

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4 Mar 2024SoldReady
AED 4,800,000AED 1,350 per sqft
28 Feb 2023RentedRenewal
AED 171,000/yr12 months · AED 48 per sqft
28 Feb 2022RentedRenewal
AED 155,250/yr12 months · AED 44 per sqft
28 Feb 2021RentedRenewal
AED 135,000/yr12 months · AED 38 per sqft
28 Feb 2020RentedRenewal
AED 160,000/yr12 months · AED 45 per sqft
28 Feb 2019RentedRenewal
AED 180,000/yr12 months · AED 51 per sqft
28 Feb 2018RentedNew contract
AED 180,000/yr12 months · AED 51 per sqft
25 Oct 2016RentedNew contract
AED 225,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
32nd of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 4.8M · March 2024

About 3203, Al Seef Tower

3203 is a three-bedroom apartment of 3,554 sqft on the 32nd floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 4 March 2024 for AED 4,800,000, or AED 1,350 per sqft, 5% above the AED 1,280 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 28 February 2023, is AED 171,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 56,300 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, July 2009: AED 1,298,997 (AED 365 per sqft)Sold, March 2024: AED 4,800,000 (AED 1,350 per sqft)

3203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3203, 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, February 2014: AED 245,000 a yearNew contract, October 2016: AED 225,000 a yearNew contract, February 2018: AED 180,000 a yearRenewal, February 2019: AED 180,000 a yearRenewal, February 2020: AED 160,000 a yearRenewal, February 2021: AED 135,000 a yearRenewal, February 2022: AED 155,250 a yearRenewal, February 2023: AED 171,000 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 3203 sits

All 96 3-beds →

3203 last sold in March 2024 at AED 1,350 per sqft, 5% above 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. 3203's AED 171,000 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 32nd floor

All 158 units in Al Seef Tower
Value
32013-bedAED 3.35M · Sep 2012
32023-bedAED 2.7M · Mar 2017
32043-bedAED 3.35M · Sep 2012

3203, Al Seef Tower in numbers

  • Sold twice: first on 27 July 2009 for AED 1,298,997, last on 4 March 2024 for AED 4,800,000 (AED 1,350 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 245,000 to AED 135,000 in 2021 and recovered to AED 171,000 by February 2023.
  • At AED 171,000 a year the gross yield on the 2024 price is 3.6%, 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 4 March 2024.

Questions about 3203, Al Seef Tower

What did unit 3203 last sell for?

AED 4,800,000 on 4 March 2024: AED 1,350 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,298,997 in July 2009.

What is the rent for unit 3203?

AED 171,000 a year on the contract renewed on 28 February 2023. The previous contract, from February 2022, was AED 155,250; the unit has been rented since February 2014.

How big is unit 3203?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 32nd floor of a 43-storey tower completed in 2005.

What is unit 3203 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 3203, Al Seef Tower

Starts from the last sale price (AED 4.8M, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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