5-bed · 7,606 sqftAl Seef Tower, Dubai Marina · 37th floor · completed 2005

3702, Al Seef Tower

Sold prices and rental history: sold 5 times, last in October 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 30 October 2019
Last soldAED 7M30 October 2019
Current rentAED 300K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Al Seef Tower

What is 3702 worth today?

Last sold for AED 7,000,000 in 2019

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30 Oct 2019SoldReady
AED 7,000,000AED 920 per sqft
1 Jul 2019RentedRenewal
AED 300,000/yr12 months · AED 39 per sqft
12 Nov 2018RentedRenewal
AED 330,001/yr8 months · AED 43 per sqft
12 Nov 2017RentedRenewal
AED 330,000/yr12 months · AED 43 per sqft
12 Nov 2015RentedNew contract
AED 430,000/yr12 months · AED 57 per sqft
27 Aug 2014SoldReady
AED 11,000,000AED 1,446 per sqft
20 Aug 2014SoldReady
AED 8,500,000AED 1,117 per sqft
17 Sep 2013SoldReady
AED 8,000,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 30 October 2019.

Key facts

Type
5-bed apartment
Size
7,606 sqft
Floor
37th of 43
Parking
4
Developer
Deyaar
Completed
2005
Service charge
AED 120,500 /yr
Last sold
AED 7M · October 2019

About 3702, Al Seef Tower

3702 is a five-bedroom apartment of 7,606 sqft on the 37th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 30 October 2019 for AED 7,000,000, or AED 920 per sqft.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 July 2019, is AED 300,000 a year: a gross yield of 4.3% on the 2019 price, before the service charge of about AED 120,500 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, each saleTypical five-bed in Al Seef Tower
05M10M2009201220152018Typical sale price by year: 2009 AED 2,819,303; 2010 AED 2,751,368; 2011 AED 5,159,652; 2013 AED 9,550,000Sold by developer, April 2010: AED 1,375,684 (AED 180 per sqft)Sold, September 2013: AED 8,000,000 (AED 1,051 per sqft)Sold, August 2014: AED 11,000,000 (AED 1,446 per sqft)Sold, August 2014: AED 8,500,000 (AED 1,117 per sqft)Sold, October 2019: AED 7,000,000 (AED 920 per sqft)

3702 has sold 5 times; the dashed line is the five-bed median of each year in the building.

Rents
Unit 3702, each contractTypical five-bed in Al Seef Tower
300K400K2015201820212024Typical rent by year: 2017 AED 330,000; 2018 AED 352,501; 2019 AED 330,000; 2020 AED 260,000; 2021 AED 340,000; 2022 AED 430,000; 2024 AED 405,500New contract, November 2015: AED 430,000 a yearRenewal, November 2017: AED 330,000 a yearRenewal, November 2018: AED 330,001 a yearRenewal, July 2019: AED 300,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the building.

5-beds in Al Seef Tower, and where 3702 sits

All 14 5-beds →
Recent 5-bed salesUnit no.Price (AED)Summary
30 Oct 202513,900,000
29 Jul 202413,000,000
11 Mar 20197,100,000
21 Dec 201512,500,000
0 5-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 37th floor

All 158 units in Al Seef Tower
Value
37015-bedAED 2.82M · Jun 2009

3702, Al Seef Tower in numbers

  • Sold 5 times: first on 8 April 2010 for AED 1,375,684, last on 30 October 2019 for AED 7,000,000 (AED 920 per sqft).
  • Rented since November 2015 on 4 Ejari contracts, from AED 430,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 4.3%, before a service charge of about AED 120,500 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 30 October 2019.

Questions about 3702, Al Seef Tower

What did unit 3702 last sell for?

AED 7,000,000 on 30 October 2019: AED 920 per sqft for 7,606 sqft. The unit has 5 registered sales; the first was AED 1,375,684 in April 2010.

What is the rent for unit 3702?

AED 300,000 a year on the contract renewed on 1 July 2019. The previous contract, from November 2018, was AED 330,001; the unit has been rented since November 2015.

How big is unit 3702?

7,606 sqft (706.6 sqm): a five-bedroom apartment on the 37th floor of a 43-storey tower completed in 2005.

What is unit 3702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3702, Al Seef Tower

Starts from the last sale price (AED 7M, 30 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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