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2-bed · 1,034 sqftAl Seef Tower, Dubai Marina · 7th floor · completed 2005

705, Al Seef Tower

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 697K20 April 2011
Current rentAED 10K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Al Seef Tower

What is 705 worth today?

Last sold for AED 697,410 in 2011

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10 May 2024RentedNew contract · flagged as an outlier
AED 10,000/yr60 months · AED 5 per sqft
16 Aug 2020RentedRenewal
AED 105,000/yr12 months · AED 51 per sqft
16 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
16 Aug 2018RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
16 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
15 Sep 2016RentedRenewal
AED 155,000/yr12 months · AED 75 per sqft
15 Sep 2014RentedNew contract
AED 131,250/yr12 months · AED 64 per sqft
15 Sep 2012RentedNew contract
AED 110,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,034 sqft
Floor
7th of 43
Parking
1
Developer
Deyaar
Completed
2005
Service charge
AED 16,400 /yr
Last sold
AED 697K · April 2011
Building
Al Seef Tower

About 705, Al Seef Tower

705 is a two-bedroom apartment of 1,034 sqft on the 7th floor of Al Seef Tower, a 43-storey tower in Dubai Marina completed in 2005 by Deyaar. The developer sold it on 20 April 2011 for AED 697,410, or AED 337 per sqft, in line with the AED 346 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 10 May 2024, is AED 10,000 a year: a gross yield of 1.4% on the 2011 price, before the service charge of about AED 16,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Al Seef Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 680,400; 2010 AED 716,783; 2011 AED 688,905; 2012 AED 1,545,000; 2013 AED 2,087,500; 2014 AED 2,582,500; 2018 AED 2,075,000; 2024 AED 2,447,565; 2025 AED 2,558,638Sold by developer, April 2011: AED 697,410 (AED 337 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Al Seef Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 141,500; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 122,500; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 113,400; 2024 AED 145,000; 2025 AED 144,000New contract, September 2012: AED 110,000 a yearNew contract, September 2014: AED 131,250 a yearRenewal, September 2016: AED 155,000 a yearNew contract, August 2017: AED 145,000 a yearRenewal, August 2018: AED 145,000 a yearRenewal, August 2019: AED 130,000 a yearRenewal, August 2020: AED 105,000 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 Al Seef Tower, and where 705 sits

All 47 2-beds →

705 last sold in April 2011 at AED 337 per sqft, in line with what two-beds in Al Seef Tower were fetching at the time (AED 346).

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jul 20252,500,000
15 May 20252,600,000
2 May 20252,517,275
27 Feb 20253,000,000
0 2-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 7th floor

All 158 units in Al Seef Tower
Value
7012-bedAED 3M · Feb 2025
7022-bedAED 1.55M · Oct 2020
7032-bedAED 2.25M · Nov 2022
7042-bedAED 2.58M · Jul 2014
7062-bedAED 2.18M · May 2013

705, Al Seef Tower in numbers

  • Sold once: by Deyaar on 20 April 2011 for AED 697,410, or AED 337 per sqft.
  • Rented since September 2012 on 8 Ejari contracts, from AED 110,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2011 price is 1.4%, before a service charge of about AED 16,400 a year (AED 15.84 per sqft).

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 705, Al Seef Tower

What did unit 705 last sell for?

AED 697,410 on 20 April 2011, sold by the developer: AED 337 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 10,000 a year on the contract signed on 10 May 2024. The previous contract, from August 2020, was AED 105,000; the unit has been rented since September 2012.

How big is unit 705?

1,034 sqft (96.1 sqm): a two-bedroom apartment on the 7th floor of a 43-storey tower completed in 2005.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 705, Al Seef Tower

Starts from the last sale price (AED 697K, 20 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 697,410
Deposit, UAE resident (20%)
AED 139,482
Deposit, non-resident (40%)
AED 278,964
Monthly over 25 years at 3.7%
AED 2,853

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