2-bed · 1,384 sqftSulafa Tower, Dubai Marina · 34th floor · completed 2010

3409, Sulafa Tower

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3409 · DLD and Ejari recordsUpdated 9 November 2022
Last soldAED 1.13M9 November 2022
Current rentAED 68K /yr27 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3409, Sulafa Tower

What is 3409 worth today?

Last sold for AED 1,125,000 in 2022

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9 Nov 2022SoldReady
AED 1,125,000AED 812 per sqft
25 Apr 2021SoldReady
AED 2,193,000AED 1,584 per sqft
27 Jul 2020RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
15 Jun 2019RentedRenewal
AED 105,000/yr12 months · AED 76 per sqft
15 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 83 per sqft
27 Nov 2016RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
27 Nov 2015RentedNew contract
AED 140,000/yr12 months · AED 101 per sqft
15 Mar 2014RentedNew contract
AED 126,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 9 November 2022.

Key facts

Type
2-bed apartment
Size
1,384 sqft
Floor
34th of 75
Parking
P179
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,300 /yr
Last sold
AED 1.13M · November 2022
Building
Sulafa Tower

About 3409, Sulafa Tower

3409 is a two-bedroom apartment of 1,384 sqft on the 34th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 9 November 2022 for AED 1,125,000, or AED 812 per sqft, 5% below the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, signed on 27 July 2020, is AED 68,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 23,300 a year.

Sales and rents for 3409 over time

Sales
Unit 3409, 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, August 2009: AED 1,979,040 (AED 1,430 per sqft)Sold, December 2011: AED 1,979,040 (AED 1,430 per sqft)Sold, April 2021: AED 2,193,000 (AED 1,584 per sqft)Sold, November 2022: AED 1,125,000 (AED 812 per sqft)

3409 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3409, each contractTypical two-bed in Sulafa Tower
100K150K20112015201920232027Typical 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 2011: AED 90,000 a yearRenewal, December 2012: AED 90,000 a yearNew contract, March 2014: AED 126,000 a yearNew contract, November 2015: AED 140,000 a yearRenewal, November 2016: AED 150,000 a yearNew contract, June 2018: AED 115,000 a yearRenewal, June 2019: AED 105,000 a yearNew contract, July 2020: AED 68,000 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 3409 sits

All 193 2-beds →

3409 last sold in November 2022 at AED 812 per sqft, 5% below what two-beds in Sulafa Tower were fetching at the time (AED 851). 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. 3409's AED 68,000 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 34th floor

All 701 units in Sulafa Tower
Value
34011-bedAED 1.4M · Jul 2026
34022-bedAED 2.15M · May 2019
34033-bedAED 1.08M · Feb 2023
34042-bedAED 1.4M · Aug 2024
34051-bedAED 1.37M · Aug 2013
34061-bedNo registered sale
34072-bedAED 1.4M · Jan 2024
1–7 of 9

3409, Sulafa Tower in numbers

  • Sold 4 times: first on 8 August 2009 for AED 1,979,040, last on 9 November 2022 for AED 1,125,000 (AED 812 per sqft).
  • Rented since November 2011 on 8 Ejari contracts, from AED 90,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 23,300 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 9 November 2022.

Questions about 3409, Sulafa Tower

What did unit 3409 last sell for?

AED 1,125,000 on 9 November 2022: AED 812 per sqft for 1,384 sqft. The unit has 4 registered sales; the first was AED 1,979,040 in August 2009.

What is the rent for unit 3409?

AED 68,000 a year on the contract signed on 27 July 2020. The previous contract, from June 2019, was AED 105,000; the unit has been rented since November 2011.

How big is unit 3409?

1,384 sqft (128.6 sqm): a two-bedroom apartment on the 34th floor of a 75-storey tower completed in 2010.

What is unit 3409 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 3409, Sulafa Tower

Starts from the last sale price (AED 1.13M, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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