406, Al Seef Tower
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Al Seef Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 19 September 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 2,075 sqft
- Floor
- 4th of 43
- Parking
- 1
- Developer
- Deyaar
- Completed
- 2005
- Service charge
- AED 32,900 /yr
- Last sold
- AED 340K · August 2009
- Building
- Al Seef Tower
About 406, Al Seef Tower
406 is a two-bedroom apartment of 2,075 sqft on the 4th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. The developer sold it on 9 August 2009 for AED 340,200, or AED 163 per sqft, 50% below the AED 327 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 19 September 2015, is AED 132,613 a year: a gross yield of 39.0% on the 2009 price, before the service charge of about AED 32,900 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 47 2-beds →406 last sold in August 2009 at AED 163 per sqft, 50% below what two-beds in Al Seef Tower were fetching at the time (AED 327). 406's AED 132,613 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202517 July 2025 | 2,067 sqft | 2,500,000 | 1,209 | ||
| 15 May 202515 May 2025 | 2,075 sqft | 2,600,000 | 1,252 | ||
| 2 May 20252 May 2025 | 2,067 sqft | 2,517,275 | 1,217 | ||
| 27 Feb 202527 February 2025 | 2,067 sqft | 3,000,000 | 1,451 |
Al Seef Tower
Building158 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%
Other units on the 4th floor
All 158 units in Al Seef Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 2,067 sqft | AED 676KAED 676,488 · Apr 2010April 2010 | 145,000 /yr | |
| 402 | 2-bed | 2,067 sqft | AED 2.5MAED 2,500,000 · Jul 2025July 2025 | 125,000 /yr | |
| 403 | 2-bed | 2,075 sqft | AED 2.4MAED 2,400,000 · Jul 2016July 2016 | 141,750 /yr | |
| 404 | 2-bed | 2,067 sqft | AED 2.3MAED 2,300,000 · Mar 2018March 2018 | ||
| 405 | 2-bed | 2,067 sqft | AED 1.36MAED 1,360,000 · Apr 2012April 2012 | 110,000 /yr |
406, Al Seef Tower in numbers
- Sold once: by Deyaar on 9 August 2009 for AED 340,200, or AED 163 per sqft.
- Rented since September 2012 on 4 Ejari contracts, from AED 110,000 to AED 132,613 a year.
- At AED 132,613 a year the gross yield on the 2009 price is 39.0%, before a service charge of about AED 32,900 a year (AED 15.84 per sqft).
Source: Dubai Land Department. Updated 19 September 2015.
Questions about 406, Al Seef Tower
What did unit 406 last sell for?
AED 340,200 on 9 August 2009, sold by the developer: AED 163 per sqft for 2,075 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 132,613 a year on the contract renewed on 19 September 2015. The previous contract, from September 2014, was AED 127,000; the unit has been rented since September 2012.
How big is unit 406?
2,075 sqft (192.8 sqm): a two-bedroom apartment on the 4th floor of a 43-storey tower completed in 2005.
What is unit 406 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 406, Al Seef Tower
Starts from the last sale price (AED 340K, 9 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 340,200
- Deposit, UAE resident (20%)
- AED 68,040
- Deposit, non-resident (40%)
- AED 136,080
- Monthly over 25 years at 3.7%
- AED 1,392
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →