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

706, Al Seef Tower

Sold prices and rental history: sold 4 times, last in May 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 July 2023
Last soldAED 2.18M16 May 2013
Current rentAED 140K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Al Seef Tower

What is 706 worth today?

Last sold for AED 2,175,000 in 2013

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15 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 67 per sqft
1 Jun 2022RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
1 Jun 2022RentedRenewal · flagged as an outlier
AED 1,050,000/yr12 months · AED 505 per sqft
1 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 46 per sqft
15 Mar 2020RentedNew contract
AED 100,000/yr12 months · AED 48 per sqft
2 Jan 2019RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
2 Jan 2018RentedRenewal
AED 140,000/yr12 months · AED 67 per sqft
2 Jan 2017RentedRenewal
AED 150,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 July 2023.

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 2.18M · May 2013

About 706, Al Seef Tower

706 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 16 May 2013 for AED 2,175,000, or AED 1,048 per sqft, 20% above the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 15 July 2023, is AED 140,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 32,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2009: AED 663,390 (AED 319 per sqft)Sold, November 2009: AED 793,688 (AED 382 per sqft)Sold, June 2011: AED 750,000 (AED 361 per sqft)Sold, May 2013: AED 2,175,000 (AED 1,048 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, January 2016: AED 150,000 a yearRenewal, January 2017: AED 150,000 a yearRenewal, January 2018: AED 140,000 a yearRenewal, January 2019: AED 130,000 a yearNew contract, March 2020: AED 100,000 a yearNew contract, June 2021: AED 95,000 a yearNew contract, June 2022: AED 105,000 a yearNew contract, July 2023: 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 706 sits

All 47 2-beds →

706 last sold in May 2013 at AED 1,048 per sqft, 20% above what two-beds in Al Seef Tower were fetching at the time (AED 874). 706'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
7022-bedAED 1.55M · Oct 2020
7032-bedAED 2.25M · Nov 2022
7042-bedAED 2.58M · Jul 2014
7052-bedAED 697K · Apr 2011

706, Al Seef Tower in numbers

  • Sold 4 times: first on 4 March 2009 for AED 663,390, last on 16 May 2013 for AED 2,175,000 (AED 1,048 per sqft).
  • Rented since January 2016 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2021 and recovered to AED 140,000 by July 2023.
  • At AED 140,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 32,900 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 15 July 2023.

Questions about 706, Al Seef Tower

What did unit 706 last sell for?

AED 2,175,000 on 16 May 2013: AED 1,048 per sqft for 2,075 sqft. The unit has 4 registered sales; the first was AED 663,390 in March 2009.

What is the rent for unit 706?

AED 140,000 a year on the contract signed on 15 July 2023. The previous contract, from June 2022, was AED 105,000; the unit has been rented since January 2016.

How big is unit 706?

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 706 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 706, Al Seef Tower

Starts from the last sale price (AED 2.18M, 16 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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