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2-bed · 2,075 sqftAl Seef Tower, Dubai Marina · 7th floor · completed 2005

703, Al Seef Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 10 November 2022
Last soldAED 2.25M10 November 2022
Current rentAED 125K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Al Seef Tower

What is 703 worth today?

Last sold for AED 2,250,000 in 2022

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10 Nov 2022SoldReady
AED 2,250,000AED 1,084 per sqft
1 Feb 2022RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
19 Oct 2014SoldReady
AED 3,200,000AED 1,542 per sqft
1 Jul 2014RentedNew contract
AED 140,000/yr12 months · AED 67 per sqft
10 Jun 2012RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
4 Mar 2009Sold by developerReady
AED 680,400AED 327 per sqft

Source: Dubai Land Department. Updated 10 November 2022.

Key facts

Type
2-bed apartment
Size
2,075 sqft
Floor
7th of 43
Parking
1
Developer
Deyaar
Completed
2005
Service charge
AED 32,900 /yr
Last sold
AED 2.25M · November 2022
Building
Al Seef Tower

About 703, Al Seef Tower

703 is a two-bedroom apartment of 2,075 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 10 November 2022 for AED 2,250,000, or AED 1,084 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 February 2022, is AED 125,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 32,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Al Seef Tower
2M2009201420192024Typical 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, March 2009: AED 680,400 (AED 327 per sqft)Sold, October 2014: AED 3,200,000 (AED 1,542 per sqft)Sold, November 2022: AED 2,250,000 (AED 1,084 per sqft)

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

Rents
Unit 703, 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, June 2012: AED 125,000 a yearNew contract, July 2014: AED 140,000 a yearNew contract, February 2022: AED 125,000 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 703 sits

All 47 2-beds →

703's AED 125,000 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
7022-bedAED 1.55M · Oct 2020
7042-bedAED 2.58M · Jul 2014
7052-bedAED 697K · Apr 2011
7062-bedAED 2.18M · May 2013

703, Al Seef Tower in numbers

  • Sold 3 times: first on 4 March 2009 for AED 680,400, last on 10 November 2022 for AED 2,250,000 (AED 1,084 per sqft).
  • Rented since June 2012 on 3 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 32,900 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 10 November 2022.

Questions about 703, Al Seef Tower

What did unit 703 last sell for?

AED 2,250,000 on 10 November 2022: AED 1,084 per sqft for 2,075 sqft. The unit has 3 registered sales; the first was AED 680,400 in March 2009.

What is the rent for unit 703?

AED 125,000 a year on the contract signed on 1 February 2022. The previous contract, from July 2014, was AED 140,000; the unit has been rented since June 2012.

How big is unit 703?

2,075 sqft (192.8 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2005.

What is unit 703 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 703, Al Seef Tower

Starts from the last sale price (AED 2.25M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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