3-bed · 1,727 sqftSulafa Tower, Dubai Marina · 57th floor · completed 2010

5708, Sulafa Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5708 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 2.1M20 June 2024
Current rentAED 170K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5708, Sulafa Tower

What is 5708 worth today?

Last sold for AED 2,100,000 in 2024

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20 Jun 2024SoldReady
AED 2,100,000AED 1,215 per sqft
1 Apr 2024RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
1 Apr 2024RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
14 Nov 2022RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
14 Nov 2021RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
14 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
1 Jul 2013RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft
22 Apr 2013SoldReady
AED 1,125,000AED 651 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
1,727 sqft
Floor
57th of 75
Parking
B237
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 29,000 /yr
Last sold
AED 2.1M · June 2024
Building
Sulafa Tower

About 5708, Sulafa Tower

5708 is a three-bedroom apartment of 1,727 sqft on the 57th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 20 June 2024 for AED 2,100,000, or AED 1,215 per sqft, 5% above the AED 1,159 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 April 2024, is AED 170,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 29,000 a year.

Sales and rents for 5708 over time

Sales
Unit 5708, each saleTypical three-bed in Sulafa Tower
1M2M2009201420192024Typical 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, May 2011: AED 1,000,000 (AED 578 per sqft)Sold, April 2013: AED 1,125,000 (AED 651 per sqft)Sold, June 2024: AED 2,100,000 (AED 1,215 per sqft)

5708 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5708, 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 140,000New contract, July 2013: AED 135,000 a yearNew contract, November 2020: AED 100,000 a yearRenewal, November 2021: AED 100,000 a yearRenewal, November 2022: AED 100,000 a yearNew contract, April 2024: AED 170,000 a yearNew contract, April 2024: AED 170,000 a year

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 5708 sits

All 96 3-beds →

5708 last sold in June 2024 at AED 1,215 per sqft, 5% above what three-beds in Sulafa Tower were fetching at the time (AED 1,159). 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. 5708's AED 170,000 is in the lower half 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 57th floor

All 701 units in Sulafa Tower
Value
57011-bedNo registered sale
57022-bedNo registered sale
57033-bedNo registered sale
57042-bedNo registered sale
57051-bedNo registered sale
57061-bedNo registered sale
57072-bedNo registered sale
1–7 of 9

5708, Sulafa Tower in numbers

  • Sold 3 times: first on 30 May 2011 for AED 1,000,000, last on 20 June 2024 for AED 2,100,000 (AED 1,215 per sqft).
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2022 and recovered to AED 170,000 by April 2024.
  • At AED 170,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 29,000 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 20 June 2024.

Questions about 5708, Sulafa Tower

What did unit 5708 last sell for?

AED 2,100,000 on 20 June 2024: AED 1,215 per sqft for 1,727 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in May 2011.

What is the rent for unit 5708?

AED 170,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 170,000; the unit has been rented since July 2013.

How big is unit 5708?

1,727 sqft (160.4 sqm): a three-bedroom apartment on the 57th floor of a 75-storey tower completed in 2010.

What is unit 5708 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 5708, Sulafa Tower

Starts from the last sale price (AED 2.1M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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