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2-bed · 2,067 sqftAl Seef Tower, Dubai Marina · 7th floor · completed 2005

702, Al Seef Tower

Sold prices and rental history: sold twice, last in October 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 7 October 2020
Last soldAED 1.55M7 October 2020
Current rentAED 140K /yr8 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Al Seef Tower

What is 702 worth today?

Last sold for AED 1,550,000 in 2020

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7 Oct 2020SoldReady
AED 1,550,000AED 749 per sqft
8 Jul 2018RentedRenewal
AED 140,000/yr12 months · AED 68 per sqft
8 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
14 May 2013RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
16 Aug 2009Sold by developerReady
AED 380,892AED 184 per sqft

Source: Dubai Land Department. Updated 7 October 2020.

Key facts

Type
2-bed apartment
Size
2,067 sqft
Floor
7th of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 32,700 /yr
Last sold
AED 1.55M · October 2020
Building
Al Seef Tower

About 702, Al Seef Tower

702 is a two-bedroom apartment of 2,067 sqft on the 7th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 7 October 2020 for AED 1,550,000, or AED 749 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 8 July 2018, is AED 140,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 32,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Al Seef Tower
01M2M2009201420192024Typical 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, August 2009: AED 380,892 (AED 184 per sqft)Sold, October 2020: AED 1,550,000 (AED 749 per sqft)

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

Rents
Unit 702, 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, May 2013: AED 130,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2018: AED 140,000 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 702 sits

All 47 2-beds →

702's AED 140,000 is in the lower half 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 7th floor

All 158 units in Al Seef Tower
Value
7012-bedAED 3M · Feb 2025
7032-bedAED 2.25M · Nov 2022
7042-bedAED 2.58M · Jul 2014
7052-bedAED 697K · Apr 2011
7062-bedAED 2.18M · May 2013

702, Al Seef Tower in numbers

  • Sold twice: first on 16 August 2009 for AED 380,892, last on 7 October 2020 for AED 1,550,000 (AED 749 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 130,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 32,700 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 7 October 2020.

Questions about 702, Al Seef Tower

What did unit 702 last sell for?

AED 1,550,000 on 7 October 2020: AED 749 per sqft for 2,067 sqft. The unit has 2 registered sales; the first was AED 380,892 in August 2009.

What is the rent for unit 702?

AED 140,000 a year on the contract renewed on 8 July 2018. The previous contract, from July 2017, was AED 150,000; the unit has been rented since May 2013.

How big is unit 702?

2,067 sqft (192.0 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2005.

What is unit 702 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 702, Al Seef Tower

Starts from the last sale price (AED 1.55M, 7 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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