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2-bed · 1,391 sqftSulafa Tower, Dubai Marina · 57th floor · completed 2010

5704, Sulafa Tower

Sold prices and rental history: no registered sale, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5704 · DLD and Ejari recordsUpdated 10 November 2023
Current rentAED 93K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5704, Sulafa Tower

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10 Nov 2023RentedRenewal
AED 93,000/yr12 months · AED 67 per sqft
10 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
1 Jul 2021RentedNew contract
AED 65,000/yr13 months · AED 47 per sqft
21 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 65 per sqft
21 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
13 Aug 2016RentedNew contract
AED 203,836/yr7 months · AED 147 per sqft
1 Aug 2015RentedRenewal
AED 122,100/yr12 months · AED 88 per sqft
1 Feb 2015RentedRenewal
AED 122,100/yr6 months · AED 88 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
2-bed apartment
Size
1,391 sqft
Floor
57th of 75
Parking
B238
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 23,400 /yr
Last sold
No registered sale
Building
Sulafa Tower

About 5704, Sulafa Tower

5704 is a two-bedroom apartment of 1,391 sqft on the 57th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 93,000 a year, before the service charge of about AED 23,400 a year.

Sales and rents for 5704 over time

Sales
Unit 5704, 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 2,000,000

No registered sale of 5704; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5704, each contractTypical two-bed in Sulafa Tower
100K200K20112015201920232027Typical 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, February 2014: AED 111,000 a yearRenewal, February 2015: AED 122,100 a yearRenewal, August 2015: AED 122,100 a yearNew contract, August 2016: AED 203,836 a yearNew contract, January 2018: AED 100,000 a yearNew contract, April 2019: AED 90,000 a yearNew contract, July 2021: AED 65,000 a yearNew contract, November 2022: AED 85,000 a yearRenewal, November 2023: AED 93,000 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 5704 sits

All 193 2-beds →

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. 5704's AED 93,000 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 57th floor

All 701 units in Sulafa Tower
Value
57011-bedNo registered sale
57022-bedNo registered sale
57033-bedNo registered sale
57051-bedNo registered sale
57061-bedNo registered sale
57072-bedNo registered sale
57083-bedAED 2.1M · Jun 2024
1–7 of 9

5704, Sulafa Tower in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 111,000 to AED 65,000 in 2021 and recovered to AED 93,000 by November 2023.
  • 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 November 2023.

Questions about 5704, Sulafa Tower

What is the rent for unit 5704?

AED 93,000 a year on the contract renewed on 10 November 2023. The previous contract, from November 2022, was AED 85,000; the unit has been rented since February 2014.

How big is unit 5704?

1,391 sqft (129.2 sqm): a two-bedroom apartment on the 57th floor of a 75-storey tower completed in 2010.

What is unit 5704 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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