3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 34th floor · completed 2005

3401, Al Seef Tower

Sold prices and rental history: sold twice, last in June 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 15 July 2015
Last soldAED 5.65M8 June 2014
Current rentAED 260K /yr15 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Al Seef Tower

What is 3401 worth today?

Last sold for AED 5,650,000 in 2014

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15 Jul 2015RentedRenewal
AED 260,000/yr12 months · AED 73 per sqft
15 Jul 2014RentedNew contract
AED 260,000/yr12 months · AED 73 per sqft
8 Jun 2014SoldReady
AED 5,650,000AED 1,589 per sqft
15 Jul 2013RentedNew contract
AED 260,000/yr12 months · AED 73 per sqft
19 Oct 2009Sold by developerReady
AED 1,298,997AED 365 per sqft

Source: Dubai Land Department. Updated 15 July 2015.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
34th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 5.65M · June 2014

About 3401, Al Seef Tower

3401 is a three-bedroom apartment of 3,554 sqft on the 34th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 8 June 2014 for AED 5,650,000, or AED 1,589 per sqft, 18% above the AED 1,350 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 July 2015, is AED 260,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 56,300 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical three-bed in Al Seef Tower
2M4M6M2009201420192024Typical 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, October 2009: AED 1,298,997 (AED 365 per sqft)Sold, June 2014: AED 5,650,000 (AED 1,589 per sqft)

3401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3401, 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 2013: AED 260,000 a yearNew contract, July 2014: AED 260,000 a yearRenewal, July 2015: AED 260,000 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 3401 sits

All 96 3-beds →

3401 last sold in June 2014 at AED 1,589 per sqft, 18% above what three-beds in Al Seef Tower were fetching at the time (AED 1,350). 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. 3401's AED 260,000 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 34th floor

All 158 units in Al Seef Tower
Value
34023-bedAED 1.34M · Jun 2009
34033-bedAED 4.75M · Dec 2025
34043-bedAED 4.8M · Jun 2013

3401, Al Seef Tower in numbers

  • Sold twice: first on 19 October 2009 for AED 1,298,997, last on 8 June 2014 for AED 5,650,000 (AED 1,589 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2014 price is 4.6%, 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 15 July 2015.

Questions about 3401, Al Seef Tower

What did unit 3401 last sell for?

AED 5,650,000 on 8 June 2014: AED 1,589 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,298,997 in October 2009.

What is the rent for unit 3401?

AED 260,000 a year on the contract renewed on 15 July 2015. The previous contract, from July 2014, was AED 260,000; the unit has been rented since July 2013.

How big is unit 3401?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 34th floor of a 43-storey tower completed in 2005.

What is unit 3401 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 3401, Al Seef Tower

Starts from the last sale price (AED 5.65M, 8 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,650,000
Deposit, UAE resident (20%)
AED 1,130,000
Deposit, non-resident (40%)
AED 2,260,000
Monthly over 25 years at 3.7%
AED 23,116

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