3-bed · 3,554 sqftAl Seef Tower, Dubai Marina · 23rd floor · completed 2005

2301, Al Seef Tower

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

Unit 2301 · DLD and Ejari recordsUpdated 1 February 2014
Last soldAED 5.4M15 September 2013
Current rentAED 200K /yr1 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Al Seef Tower

What is 2301 worth today?

Last sold for AED 5,400,000 in 2013

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1 Feb 2014RentedNew contract
AED 200,000/yr12 months · AED 56 per sqft
15 Sep 2013SoldReady
AED 5,400,000AED 1,519 per sqft
15 Sep 2013RentedNew contract
AED 199,403/yr5 months · AED 56 per sqft
31 Jul 2013Sold by developerReady
AED 1,282,554AED 360 per sqft
1 Feb 2013RentedNew contract
AED 210,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 February 2014.

Key facts

Type
3-bed apartment
Size
3,554 sqft
Floor
23rd of 43
Parking
2
Developer
Deyaar
Completed
2005
Service charge
AED 56,300 /yr
Last sold
AED 5.4M · September 2013

About 2301, Al Seef Tower

2301 is a three-bedroom apartment of 3,554 sqft on the 23rd floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. It last sold on 15 September 2013 for AED 5,400,000, or AED 1,519 per sqft, 61% above the AED 942 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 February 2014, is AED 200,000 a year: a gross yield of 3.7% on the 2013 price, before the service charge of about AED 56,300 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, each saleTypical three-bed in Al Seef Tower
2M4M6M2009201420192024Typical sale price by year: 2009 AED 1,298,997; 2010 AED 1,340,709; 2011 AED 1,346,357; 2012 AED 1,575,000; 2013 AED 4,450,000; 2014 AED 5,250,000; 2015 AED 5,050,000; 2016 AED 2,850,000; 2017 AED 3,500,000; 2018 AED 3,800,000; 2019 AED 2,403,749; 2021 AED 3,000,000; 2022 AED 3,200,000; 2023 AED 3,750,000; 2024 AED 4,145,000; 2025 AED 4,792,143Sold by developer, July 2013: AED 1,282,554 (AED 360 per sqft)Sold, September 2013: AED 5,400,000 (AED 1,519 per sqft)

2301 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2301, each contractTypical three-bed in Al Seef Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 210,000; 2014 AED 231,096; 2015 AED 240,000; 2016 AED 236,548; 2017 AED 225,000; 2018 AED 200,000; 2019 AED 185,000; 2020 AED 162,000; 2021 AED 160,000; 2022 AED 185,000; 2023 AED 210,000; 2024 AED 230,250; 2025 AED 240,000; 2026 AED 250,000New contract, February 2013: AED 210,000 a yearNew contract, September 2013: AED 199,403 a yearNew contract, February 2014: AED 200,000 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 Al Seef Tower, and where 2301 sits

All 94 3-beds →

2301 last sold in September 2013 at AED 1,519 per sqft, 61% above what three-beds in Al Seef Tower were fetching at the time (AED 942). Over the last 12 months three-beds sold for AED 4,750,000 to 6,500,000, around AED 1,575 per sqft, and rent for AED 231,000 to 275,000 a year. 2301's AED 200,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Dec 20254,750,000
11 Dec 20256,500,000
21 Mar 20254,500,000
13 Mar 20254,800,000
3 3-bed sales in the last 12 months

Al Seef Tower

Building

158 apartments, 2-bed to 5-bed over 43 floors in Dubai Marina, completed in 2005 by Deyaar. 3 sold in the last 12 months.

Typical price per sqft
AED 1,575
Typical sale
AED 5.6M
Typical rent
AED 263K /yr
Typical yield
4.3%
Al Seef Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 158 units in Al Seef Tower
Value
23023-bedAED 3.6M · May 2022
23033-bedAED 4.6M · Nov 2024
23043-bedAED 1.5M · Nov 2009

2301, Al Seef Tower in numbers

  • Sold twice: first on 31 July 2013 for AED 1,282,554, last on 15 September 2013 for AED 5,400,000 (AED 1,519 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 210,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 3.7%, before a service charge of about AED 56,300 a year (AED 15.84 per sqft).
  • Three-beds in Al Seef Tower sold for AED 4,750,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,575 per sqft.

Source: Dubai Land Department. Updated 1 February 2014.

Questions about 2301, Al Seef Tower

What did unit 2301 last sell for?

AED 5,400,000 on 15 September 2013: AED 1,519 per sqft for 3,554 sqft. The unit has 2 registered sales; the first was AED 1,282,554 in July 2013.

What is the rent for unit 2301?

AED 200,000 a year on the contract signed on 1 February 2014. The previous contract, from September 2013, was AED 199,403; the unit has been rented since February 2013.

How big is unit 2301?

3,554 sqft (330.2 sqm): a three-bedroom apartment on the 23rd floor of a 43-storey tower completed in 2005.

What is unit 2301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Seef Tower sold for AED 4,750,000 to 6,500,000 in the last 12 months, around AED 1,575 per sqft.

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Mortgage on 2301, Al Seef Tower

Starts from the last sale price (AED 5.4M, 15 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

Plus AED 231,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →