2-bed · 1,391 sqftSulafa Tower, Dubai Marina · 49th floor · completed 2010

4909, Sulafa Tower

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4909 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 990K3 January 2012
Current rentAED 90K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4909, Sulafa Tower

What is 4909 worth today?

Last sold for AED 989,520 in 2012

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1 Oct 2023RentedRenewal
AED 89,930/yr12 months · AED 65 per sqft
1 Oct 2022RentedRenewal
AED 78,200/yr12 months · AED 56 per sqft
1 Oct 2021RentedNew contract
AED 68,000/yr12 months · AED 49 per sqft
4 Sep 2019RentedRenewal
AED 95,500/yr12 months · AED 69 per sqft
4 Mar 2019RentedRenewal
AED 100,000/yr6 months · AED 72 per sqft
4 Mar 2018RentedNew contract
AED 109,000/yr12 months · AED 78 per sqft
1 Jun 2015RentedNew contract
AED 133,100/yr12 months · AED 96 per sqft
3 Jan 2012SoldReady
AED 989,520AED 711 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,391 sqft
Floor
49th of 75
Parking
B359
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,400 /yr
Last sold
AED 990K · January 2012
Building
Sulafa Tower

About 4909, Sulafa Tower

4909 is a two-bedroom apartment of 1,391 sqft on the 49th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 3 January 2012 for AED 989,520, or AED 711 per sqft, 50% below the AED 1,424 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 89,930 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 23,400 a year.

Sales and rents for 4909 over time

Sales
Unit 4909, 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 989,520 (AED 711 per sqft)Sold, January 2012: AED 989,520 (AED 711 per sqft)

4909 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4909, 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, June 2015: AED 133,100 a yearNew contract, March 2018: AED 109,000 a yearRenewal, March 2019: AED 100,000 a yearRenewal, September 2019: AED 95,500 a yearNew contract, October 2021: AED 68,000 a yearRenewal, October 2022: AED 78,200 a yearRenewal, October 2023: AED 89,930 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 4909 sits

All 193 2-beds →

4909 last sold in January 2012 at AED 711 per sqft, 50% below what two-beds in Sulafa Tower were fetching at the time (AED 1,424). 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. 4909's AED 89,930 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 49th floor

All 701 units in Sulafa Tower
Value
49011-bedAED 1.39M · Sep 2014
49022-bedAED 1.78M · Jun 2024
49033-bedAED 2.17M · Jul 2012
49042-bedAED 2.22M · Apr 2021
49051-bedAED 905K · Dec 2024
49061-bedAED 1.37M · Jan 2011
49072-bedAED 1.58M · Oct 2024
1–7 of 9

4909, Sulafa Tower in numbers

  • Sold twice: first on 24 August 2009 for AED 989,520, last on 3 January 2012 for AED 989,520 (AED 711 per sqft).
  • Rented since June 2015 on 7 Ejari contracts. The rent fell from AED 133,100 to AED 68,000 in 2021 and recovered to AED 89,930 by October 2023.
  • At AED 89,930 a year the gross yield on the 2012 price is 9.1%, 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 1 October 2023.

Questions about 4909, Sulafa Tower

What did unit 4909 last sell for?

AED 989,520 on 3 January 2012: AED 711 per sqft for 1,391 sqft. The unit has 2 registered sales; the first was AED 989,520 in August 2009.

What is the rent for unit 4909?

AED 89,930 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 78,200; the unit has been rented since June 2015.

How big is unit 4909?

1,391 sqft (129.2 sqm): a two-bedroom apartment on the 49th floor of a 75-storey tower completed in 2010.

What is unit 4909 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 4909, Sulafa Tower

Starts from the last sale price (AED 990K, 3 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 989,520
Deposit, UAE resident (20%)
AED 197,904
Deposit, non-resident (40%)
AED 395,808
Monthly over 25 years at 3.7%
AED 4,048

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