2-bed · 2,067 sqftAl Seef Tower, Dubai Marina · 4th floor · completed 2005

405, Al Seef Tower

Sold prices and rental history: sold 3 times, last in April 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 1.36M26 April 2012
Current rentAED 110K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Seef Tower

What is 405 worth today?

Last sold for AED 1,360,000 in 2012

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1 Jul 2022RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 53 per sqft
1 Jul 2019RentedRenewal
AED 117,000/yr12 months · AED 57 per sqft
1 Jul 2017RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
2 Jul 2016RentedRenewal
AED 170,474/yr12 months · AED 82 per sqft
6 Jun 2015RentedNew contract
AED 158,549/yr13 months · AED 77 per sqft
10 Apr 2014RentedNew contract
AED 165,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
2-bed apartment
Size
2,067 sqft
Floor
4th of 43
Parking
1
Developer
Deyaar
Completed
2005
Service charge
AED 32,700 /yr
Last sold
AED 1.36M · April 2012

About 405, Al Seef Tower

405 is a two-bedroom apartment of 2,067 sqft on the 4th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 26 April 2012 for AED 1,360,000, or AED 657 per sqft, 96% above the AED 336 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 110,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 32,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Al Seef Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 680,400; 2010 AED 716,783; 2011 AED 688,905; 2012 AED 1,545,000; 2013 AED 2,087,500; 2014 AED 2,582,500; 2018 AED 2,075,000; 2024 AED 2,447,565; 2025 AED 2,558,638Sold by developer, June 2010: AED 750,000 (AED 362 per sqft)Sold, July 2010: AED 750,000 (AED 362 per sqft)Sold, April 2012: AED 1,360,000 (AED 657 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Al Seef Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 144,000; 2015 AED 159,275; 2016 AED 155,000; 2017 AED 149,419; 2018 AED 135,000; 2019 AED 122,500; 2020 AED 109,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 119,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 149,000New contract, August 2012: AED 120,000 a yearNew contract, August 2013: AED 130,000 a yearNew contract, April 2014: AED 165,000 a yearNew contract, June 2015: AED 158,549 a yearRenewal, July 2016: AED 170,474 a yearRenewal, July 2017: AED 170,000 a yearRenewal, July 2019: AED 117,000 a yearRenewal, July 2020: AED 110,000 a yearRenewal, July 2021: AED 110,000 a yearRenewal, July 2022: AED 110,000 a year

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

2-beds in Al Seef Tower, and where 405 sits

All 47 2-beds →

405 last sold in April 2012 at AED 657 per sqft, 96% above what two-beds in Al Seef Tower were fetching at the time (AED 336). 405's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jul 20252,500,000
15 May 20252,600,000
2 May 20252,517,275
27 Feb 20253,000,000
0 2-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 4th floor

All 158 units in Al Seef Tower
Value
4012-bedAED 676K · Apr 2010
4022-bedAED 2.5M · Jul 2025
4032-bedAED 2.4M · Jul 2016
4042-bedAED 2.3M · Mar 2018
4062-bedAED 340K · Aug 2009

405, Al Seef Tower in numbers

  • Sold 3 times: first on 30 June 2010 for AED 750,000, last on 26 April 2012 for AED 1,360,000 (AED 657 per sqft).
  • Rented since August 2012 on 10 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 32,700 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 1 July 2022.

Questions about 405, Al Seef Tower

What did unit 405 last sell for?

AED 1,360,000 on 26 April 2012: AED 657 per sqft for 2,067 sqft. The unit has 3 registered sales; the first was AED 750,000 in June 2010.

What is the rent for unit 405?

AED 110,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 110,000; the unit has been rented since August 2012.

How big is unit 405?

2,067 sqft (192.0 sqm): a two-bedroom apartment on the 4th floor of a 43-storey tower completed in 2005.

What is unit 405 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 405, Al Seef Tower

Starts from the last sale price (AED 1.36M, 26 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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