2-bed · 1,372 sqftSulafa Tower, Dubai Marina · 23rd floor · completed 2010

2309, Sulafa Tower

Sold prices and rental history: sold 5 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2309 · DLD and Ejari recordsUpdated 24 August 2023
Last soldAED 1.42M24 August 2023
Current rentAED 66K /yr8 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2309, Sulafa Tower

What is 2309 worth today?

Last sold for AED 1,420,000 in 2023

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24 Aug 2023SoldReady
AED 1,420,000AED 1,034 per sqft
8 Dec 2020RentedRenewal
AED 66,000/yr12 months · AED 48 per sqft
8 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
19 Sep 2019SoldReady
AED 1,500,000AED 1,092 per sqft
8 Dec 2016RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
23 Mar 2014SoldReady
AED 2,100,000AED 1,530 per sqft
26 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
4 May 2011SoldReady
AED 963,480AED 702 per sqft

Source: Dubai Land Department. Updated 24 August 2023.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
23rd of 75
Parking
P265
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,100 /yr
Last sold
AED 1.42M · August 2023
Building
Sulafa Tower

About 2309, Sulafa Tower

2309 is a two-bedroom apartment of 1,372 sqft on the 23rd floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 24 August 2023 for AED 1,420,000, or AED 1,034 per sqft, 15% above the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 8 December 2020, is AED 66,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 23,100 a year.

Sales and rents for 2309 over time

Sales
Unit 2309, each saleTypical two-bed in Sulafa Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,979,040; 2011 AED 1,979,040; 2012 AED 1,325,000; 2016 AED 1,500,000; 2018 AED 2,167,772; 2019 AED 2,149,000; 2020 AED 2,280,720; 2021 AED 2,193,000; 2022 AED 1,198,000; 2023 AED 1,250,000; 2024 AED 1,425,000; 2025 AED 1,660,632; 2026 AED 2,000,000Sold by developer, June 2009: AED 1,926,960 (AED 1,404 per sqft)Sold, May 2011: AED 963,480 (AED 702 per sqft)Sold, March 2014: AED 2,100,000 (AED 1,530 per sqft)Sold, September 2019: AED 1,500,000 (AED 1,092 per sqft)Sold, August 2023: AED 1,420,000 (AED 1,034 per sqft)

2309 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2309, each contractTypical two-bed in Sulafa Tower
100K20112015201920232027Typical rent by year: 2011 AED 87,000; 2012 AED 90,000; 2013 AED 95,500; 2014 AED 115,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 115,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 72,250; 2021 AED 67,425; 2022 AED 75,000; 2023 AED 86,437; 2024 AED 100,000; 2025 AED 106,000; 2026 AED 105,000New contract, September 2013: AED 130,000 a yearNew contract, December 2016: AED 130,000 a yearNew contract, December 2019: AED 80,000 a yearRenewal, December 2020: AED 66,000 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 Sulafa Tower, and where 2309 sits

All 193 2-beds →

2309 last sold in August 2023 at AED 1,034 per sqft, 15% above what two-beds in Sulafa Tower were fetching at the time (AED 899). Over the last 12 months two-beds sold for AED 1,500,000 to 2,175,000, around AED 1,444 per sqft, and rent for AED 50,000 to 310,000 a year. 2309's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jul 20261,500,000
16 Apr 20262,175,000
5 Mar 20262,000,000
12 Feb 20262,025,000
7 2-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 23rd floor

All 701 units in Sulafa Tower
Value
23011-bedAED 1M · Jun 2024
23022-bedAED 2.14M · Mar 2019
23033-bedAED 2.11M · Jun 2012
23042-bedAED 1.33M · Jun 2024
23051-bedAED 668K · Jan 2012
23061-bedAED 668K · Jan 2012
23072-bedAED 1.93M · Apr 2011
1–7 of 9

2309, Sulafa Tower in numbers

  • Sold 5 times: first on 1 June 2009 for AED 1,926,960, last on 24 August 2023 for AED 1,420,000 (AED 1,034 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 130,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 23,100 a year (AED 16.81 per sqft).
  • Two-beds in Sulafa Tower sold for AED 1,500,000–2,175,000 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 24 August 2023.

Questions about 2309, Sulafa Tower

What did unit 2309 last sell for?

AED 1,420,000 on 24 August 2023: AED 1,034 per sqft for 1,372 sqft. The unit has 5 registered sales; the first was AED 1,926,960 in June 2009.

What is the rent for unit 2309?

AED 66,000 a year on the contract renewed on 8 December 2020. The previous contract, from December 2019, was AED 80,000; the unit has been rented since September 2013.

How big is unit 2309?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 23rd floor of a 75-storey tower completed in 2010.

What is unit 2309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sulafa Tower sold for AED 1,500,000 to 2,175,000 in the last 12 months, around AED 1,444 per sqft.

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Mortgage on 2309, Sulafa Tower

Starts from the last sale price (AED 1.42M, 24 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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