2-bed · 1,390 sqftSulafa Tower, Dubai Marina · 45th floor · completed 2010

4502, Sulafa Tower

Sold prices and rental history: sold 6 times, last in November 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 1.33M9 November 2023
Current rentAED 135K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Sulafa Tower

What is 4502 worth today?

Last sold for AED 1,330,000 in 2023

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10 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
10 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 97 per sqft
17 Nov 2023RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft
9 Nov 2023SoldReady
AED 1,330,000AED 957 per sqft
1 Nov 2022SoldReady
AED 1,450,000AED 1,043 per sqft
4 Oct 2022SoldReady
AED 1,000,000AED 719 per sqft
26 Apr 2021SoldReady
AED 2,223,600AED 1,600 per sqft
12 Jan 2013RentedRenewal
AED 87,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
2-bed apartment
Size
1,390 sqft
Floor
45th of 75
Parking
B312
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,400 /yr
Last sold
AED 1.33M · November 2023
Building
Sulafa Tower

About 4502, Sulafa Tower

4502 is a two-bedroom apartment of 1,390 sqft on the 45th 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 2023 for AED 1,330,000, or AED 957 per sqft, 3% above the AED 928 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, signed on 10 September 2024, is AED 135,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, 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 1,424 per sqft)Sold, December 2011: AED 1,979,040 (AED 1,424 per sqft)Sold, April 2021: AED 2,223,600 (AED 1,600 per sqft)Sold, October 2022: AED 1,000,000 (AED 719 per sqft)Sold, November 2022: AED 1,450,000 (AED 1,043 per sqft)Sold, November 2023: AED 1,330,000 (AED 957 per sqft)

4502 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4502, 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, December 2011: AED 87,000 a yearRenewal, January 2013: AED 87,000 a yearNew contract, November 2023: AED 80,000 a yearNew contract, September 2024: AED 135,000 a yearNew contract, September 2024: AED 135,000 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 4502 sits

All 193 2-beds →

4502 last sold in November 2023 at AED 957 per sqft, 3% above what two-beds in Sulafa Tower were fetching at the time (AED 928). 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. 4502's AED 135,000 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 45th floor

All 701 units in Sulafa Tower
Value
45011-bedAED 1.16M · Apr 2024
45033-bedAED 1.7M · Mar 2017
45042-bedAED 1.9M · Dec 2022
45051-bedAED 1.05M · Aug 2024
45061-bedAED 686K · Jul 2011
45072-bedAED 1.5M · Sep 2024
45083-bedAED 1.53M · Feb 2018
1–7 of 9

4502, Sulafa Tower in numbers

  • Sold 6 times: first on 8 August 2009 for AED 1,979,040, last on 9 November 2023 for AED 1,330,000 (AED 957 per sqft).
  • Rented since December 2011 on 5 Ejari contracts, from AED 87,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 23,400 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 10 September 2024.

Questions about 4502, Sulafa Tower

What did unit 4502 last sell for?

AED 1,330,000 on 9 November 2023: AED 957 per sqft for 1,390 sqft. The unit has 6 registered sales; the first was AED 1,979,040 in August 2009.

What is the rent for unit 4502?

AED 135,000 a year on the contract signed on 10 September 2024. The previous contract, from September 2024, was AED 135,000; the unit has been rented since December 2011.

How big is unit 4502?

1,390 sqft (129.1 sqm): a two-bedroom apartment on the 45th floor of a 75-storey tower completed in 2010.

What is unit 4502 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 4502, Sulafa Tower

Starts from the last sale price (AED 1.33M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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