1-bed · 741 sqftSulafa Tower, Dubai Marina · 14th floor · completed 2010

1405, Sulafa Tower

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 17 August 2023
Last soldAED 915K25 October 2016
Current rentAED 68K /yr17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Sulafa Tower

What is 1405 worth today?

Last sold for AED 915,000 in 2016

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17 Aug 2023RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
24 Apr 2021RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
15 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
5 Jul 2019RentedNew contract
AED 62,000/yr12 months · AED 83 per sqft
25 Oct 2016SoldReady
AED 915,000AED 1,235 per sqft
9 Nov 2013RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
20 Jan 2011SoldReady
AED 1,000,036AED 1,350 per sqft
7 Jul 2009Sold by developerOff-plan
AED 1,000,036AED 1,350 per sqft

Source: Dubai Land Department. Updated 17 August 2023.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
14th of 75
Parking
P329
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 12,400 /yr
Last sold
AED 915K · October 2016
Building
Sulafa Tower

About 1405, Sulafa Tower

1405 is a one-bedroom apartment of 741 sqft on the 14th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 25 October 2016 for AED 915,000, or AED 1,235 per sqft, in line with the AED 1,248 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 17 August 2023, is AED 68,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in Sulafa Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,030,792; 2011 AED 1,025,666; 2012 AED 685,710; 2013 AED 1,219,448; 2014 AED 1,200,000; 2015 AED 1,050,000; 2016 AED 970,000; 2017 AED 1,000,000; 2018 AED 885,000; 2019 AED 650,000; 2020 AED 567,500; 2021 AED 640,000; 2022 AED 650,000; 2023 AED 850,000; 2024 AED 927,500; 2025 AED 1,100,000; 2026 AED 1,230,000Sold by developer, July 2009: AED 1,000,036 (AED 1,350 per sqft)Sold, January 2011: AED 1,000,036 (AED 1,350 per sqft)Sold, October 2016: AED 915,000 (AED 1,235 per sqft)

1405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in Sulafa Tower
50K75K20112015201920232027Typical rent by year: 2011 AED 64,000; 2012 AED 60,000; 2013 AED 65,000; 2014 AED 79,889; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 62,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 72,000New contract, November 2013: AED 80,000 a yearNew contract, July 2019: AED 62,000 a yearNew contract, March 2020: AED 60,000 a yearNew contract, April 2021: AED 40,000 a yearNew contract, August 2023: AED 68,000 a year

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

1-beds in Sulafa Tower, and where 1405 sits

All 401 1-beds →

1405 last sold in October 2016 at AED 1,235 per sqft, in line with what one-beds in Sulafa Tower were fetching at the time (AED 1,248). Over the last 12 months one-beds sold for AED 860,000 to 1,475,000, around AED 1,309 per sqft, and rent for AED 38,400 to 157,500 a year. 1405's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026864,728
20 Oct 20261,260,000
20 Oct 20261,034,127
14 Oct 20261,028,019
27 1-bed sales in the last 12 months

Sulafa Tower

Building

701 apartments, 1-bed to 5-bed over 75 floors in Dubai Marina, completed in 2010 by Al Sayyah & Sons Investment. 39 sold in the last 12 months.

Typical price per sqft
AED 1,299 Up 9.2%
Typical sale
AED 1.3M
Typical rent
AED 85K /yr
Typical yield
6.3%
Sulafa Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 701 units in Sulafa Tower
Value
14011-bedAED 1.28M · May 2011
14021-bedAED 1.4M · Sep 2011
14031-bedAED 675K · Dec 2022
14041-bedAED 970K · Sep 2016
14061-bedAED 1.2M · Aug 2014
14071-bedAED 820K · Dec 2023
14081-bedAED 860K · Dec 2023
1–7 of 13

1405, Sulafa Tower in numbers

  • Sold 3 times: first on 7 July 2009 for AED 1,000,036, last on 25 October 2016 for AED 915,000 (AED 1,235 per sqft).
  • Rented since November 2013 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 68,000 by August 2023.
  • At AED 68,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 12,400 a year (AED 16.81 per sqft).
  • One-beds in Sulafa Tower sold for AED 860,000–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 1,299 per sqft.

Source: Dubai Land Department. Updated 17 August 2023.

Questions about 1405, Sulafa Tower

What did unit 1405 last sell for?

AED 915,000 on 25 October 2016: AED 1,235 per sqft for 741 sqft. The unit has 3 registered sales; the first was AED 1,000,036 in July 2009.

What is the rent for unit 1405?

AED 68,000 a year on the contract signed on 17 August 2023. The previous contract, from April 2021, was AED 40,000; the unit has been rented since November 2013.

How big is unit 1405?

741 sqft (68.8 sqm): a one-bedroom apartment on the 14th floor of a 75-storey tower completed in 2010.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sulafa Tower sold for AED 860,000 to 1,475,000 in the last 12 months, around AED 1,309 per sqft.

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Mortgage on 1405, Sulafa Tower

Starts from the last sale price (AED 915K, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 915,000
Deposit, UAE resident (20%)
AED 183,000
Deposit, non-resident (40%)
AED 366,000
Monthly over 25 years at 3.7%
AED 3,744

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