3-bed · 1,511 sqftSulafa Tower, Dubai Marina · 50th floor · completed 2010

5008, Sulafa Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5008 · DLD and Ejari recordsUpdated 16 October 2023
Last soldAED 1.8M16 October 2023
Current rentAED 20K /yr11 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5008, Sulafa Tower

What is 5008 worth today?

Last sold for AED 1,800,000 in 2023

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16 Oct 2023SoldReady
AED 1,800,000AED 1,191 per sqft
11 Feb 2022RentedNew contract · flagged as an outlier
AED 20,000/yr12 months · AED 13 per sqft
16 Jan 2019RentedNew contract · flagged as an outlier
AED 20,000/yr12 months · AED 13 per sqft
1 Feb 2012SoldReady
AED 2,216,445AED 1,466 per sqft
3 Jun 2009Sold by developerOff-plan
AED 2,216,445AED 1,466 per sqft

Source: Dubai Land Department. Updated 16 October 2023.

Key facts

Type
3-bed apartment
Size
1,511 sqft
Floor
50th of 75
Parking
B368
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 25,400 /yr
Last sold
AED 1.8M · October 2023
Building
Sulafa Tower

About 5008, Sulafa Tower

5008 is a three-bedroom apartment of 1,511 sqft on the 50th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 16 October 2023 for AED 1,800,000, or AED 1,191 per sqft, 50% above the AED 795 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 11 February 2022, is AED 20,000 a year: a gross yield of 1.1% on the 2023 price, before the service charge of about AED 25,400 a year.

Sales and rents for 5008 over time

Sales
Unit 5008, each saleTypical three-bed in Sulafa Tower
1.5M2M2009201420192024Typical sale price by year: 2009 AED 2,168,470; 2011 AED 2,168,470; 2012 AED 2,110,900; 2013 AED 2,100,000; 2014 AED 2,250,000; 2015 AED 1,850,000; 2016 AED 1,650,000; 2019 AED 2,250,000; 2021 AED 2,201,680; 2022 AED 1,300,000; 2023 AED 1,400,000; 2024 AED 1,787,500; 2025 AED 1,900,000; 2026 AED 1,899,314Sold by developer, June 2009: AED 2,216,445 (AED 1,466 per sqft)Sold, February 2012: AED 2,216,445 (AED 1,466 per sqft)Sold, October 2023: AED 1,800,000 (AED 1,191 per sqft)

5008 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5008, each contractTypical three-bed in Sulafa Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 125,000; 2014 AED 144,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 106,154; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 100,000; 2023 AED 115,000; 2024 AED 132,250; 2025 AED 136,000; 2026 AED 140,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sulafa Tower, and where 5008 sits

All 96 3-beds →

5008 last sold in October 2023 at AED 1,191 per sqft, 50% above what three-beds in Sulafa Tower were fetching at the time (AED 795). Over the last 12 months three-beds sold for AED 1,830,000 to 2,050,000, around AED 1,258 per sqft, and rent for AED 115,000 to 334,998 a year. 5008's AED 20,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Sep 20261,899,314
14 Sep 20262,050,000
21 Apr 20261,830,000
13 Mar 20261,900,000
5 3-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 50th floor

All 701 units in Sulafa Tower
Value
50011-bedAED 1.1M · Jun 2015
50022-bedNo registered sale
50033-bedNo registered sale
50042-bedNo registered sale
50051-bedNo registered sale
50061-bedAED 1.39M · Oct 2012
50072-bedAED 1.53M · Nov 2021
1–7 of 9

5008, Sulafa Tower in numbers

  • Sold 3 times: first on 3 June 2009 for AED 2,216,445, last on 16 October 2023 for AED 1,800,000 (AED 1,191 per sqft).
  • Rented since January 2019 on 2 Ejari contracts, at AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2023 price is 1.1%, before a service charge of about AED 25,400 a year (AED 16.81 per sqft).
  • Three-beds in Sulafa Tower sold for AED 1,830,000–2,050,000 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 16 October 2023.

Questions about 5008, Sulafa Tower

What did unit 5008 last sell for?

AED 1,800,000 on 16 October 2023: AED 1,191 per sqft for 1,511 sqft. The unit has 3 registered sales; the first was AED 2,216,445 in June 2009.

What is the rent for unit 5008?

AED 20,000 a year on the contract signed on 11 February 2022. The previous contract, from January 2019, was AED 20,000.

How big is unit 5008?

1,511 sqft (140.4 sqm): a three-bedroom apartment on the 50th floor of a 75-storey tower completed in 2010.

What is unit 5008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sulafa Tower sold for AED 1,830,000 to 2,050,000 in the last 12 months, around AED 1,258 per sqft.

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Mortgage on 5008, Sulafa Tower

Starts from the last sale price (AED 1.8M, 16 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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