2-bed · 1,370 sqftSulafa Tower, Dubai Marina · 24th floor · completed 2010

2404, Sulafa Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 26 April 2023
Last soldAED 1.23M26 April 2023
Current rentAED 72K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Sulafa Tower

What is 2404 worth today?

Last sold for AED 1,225,000 in 2023

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26 Apr 2023SoldReady
AED 1,225,000AED 893 per sqft
15 Dec 2021RentedRenewal
AED 72,000/yr12 months · AED 53 per sqft
15 Dec 2020RentedNew contract
AED 64,000/yr12 months · AED 47 per sqft
8 Mar 2019RentedRenewal
AED 84,183/yr9 months · AED 62 per sqft
17 Jan 2017RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
1 Nov 2013RentedNew contract
AED 60,000/yr12 months · AED 44 per sqft
24 Aug 2011SoldReady
AED 1,898,100AED 1,385 per sqft
1 Jun 2009Sold by developerOff-plan
AED 1,898,100AED 1,385 per sqft

Source: Dubai Land Department. Updated 26 April 2023.

Key facts

Type
2-bed apartment
Size
1,370 sqft
Floor
24th of 75
Parking
P270
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,000 /yr
Last sold
AED 1.23M · April 2023
Building
Sulafa Tower

About 2404, Sulafa Tower

2404 is a two-bedroom apartment of 1,370 sqft on the 24th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 26 April 2023 for AED 1,225,000, or AED 893 per sqft, in line with the AED 869 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 December 2021, is AED 72,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 23,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Sulafa Tower
1.5M2M2009201420192024Typical 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 1,898,100 (AED 1,385 per sqft)Sold, August 2011: AED 1,898,100 (AED 1,385 per sqft)Sold, April 2023: AED 1,225,000 (AED 893 per sqft)

2404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Sulafa Tower
50K100K20112015201920232027Typical 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, November 2013: AED 60,000 a yearNew contract, January 2017: AED 120,000 a yearRenewal, March 2019: AED 84,183 a yearNew contract, December 2020: AED 64,000 a yearRenewal, December 2021: AED 72,000 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 2404 sits

All 193 2-beds →

2404 last sold in April 2023 at AED 893 per sqft, in line with what two-beds in Sulafa Tower were fetching at the time (AED 869). 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. 2404's AED 72,000 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 24th floor

All 701 units in Sulafa Tower
Value
24011-bedAED 890K · Jul 2023
24022-bedAED 1.77M · May 2025
24033-bedAED 1.7M · Oct 2023
24051-bedAED 1.1M · Aug 2026
24061-bedAED 1.32M · Jun 2012
24072-bedAED 1.33M · Jun 2024
24083-bedAED 1.23M · Feb 2015
1–7 of 9

2404, Sulafa Tower in numbers

  • Sold 3 times: first on 1 June 2009 for AED 1,898,100, last on 26 April 2023 for AED 1,225,000 (AED 893 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 60,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 23,000 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 26 April 2023.

Questions about 2404, Sulafa Tower

What did unit 2404 last sell for?

AED 1,225,000 on 26 April 2023: AED 893 per sqft for 1,370 sqft. The unit has 3 registered sales; the first was AED 1,898,100 in June 2009.

What is the rent for unit 2404?

AED 72,000 a year on the contract renewed on 15 December 2021. The previous contract, from December 2020, was AED 64,000; the unit has been rented since November 2013.

How big is unit 2404?

1,370 sqft (127.3 sqm): a two-bedroom apartment on the 24th floor of a 75-storey tower completed in 2010.

What is unit 2404 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 2404, Sulafa Tower

Starts from the last sale price (AED 1.23M, 26 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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