1-bed · 916 sqftSulafa Tower, Dubai Marina · 15th floor · completed 2010

1501, Sulafa Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 935K8 March 2024
Current rentAED 80K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Sulafa Tower

What is 1501 worth today?

Last sold for AED 935,000 in 2024

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8 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
8 Mar 2024SoldReady
AED 935,000AED 1,020 per sqft
10 Sep 2023RentedRenewal
AED 51,700/yr12 months · AED 57 per sqft
10 Sep 2022RentedNew contract
AED 47,000/yr12 months · AED 51 per sqft
10 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
22 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
21 Mar 2018RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
21 Mar 2016RentedNew contract
AED 85,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
15th of 75
Parking
P339
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 935K · March 2024
Building
Sulafa Tower

About 1501, Sulafa Tower

1501 is a one-bedroom apartment of 916 sqft on the 15th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 8 March 2024 for AED 935,000, or AED 1,020 per sqft, 7% above the AED 951 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 8 October 2024, is AED 80,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 15,400 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Sulafa Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,030,792; 2011 AED 1,030,792; 2012 AED 685,710; 2013 AED 1,264,448; 2014 AED 1,200,000; 2015 AED 1,060,000; 2016 AED 970,000; 2017 AED 1,000,000; 2018 AED 885,000; 2019 AED 650,000; 2020 AED 535,000; 2021 AED 640,000; 2022 AED 650,000; 2023 AED 850,000; 2024 AED 935,000; 2025 AED 1,099,150; 2026 AED 1,160,000Sold by developer, May 2009: AED 1,304,730 (AED 1,424 per sqft)Sold, January 2011: AED 1,304,730 (AED 1,424 per sqft)Sold, March 2024: AED 935,000 (AED 1,020 per sqft)

1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Sulafa Tower
40K60K80K20112015201920232027Typical rent by year: 2011 AED 64,000; 2012 AED 60,000; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,587; 2020 AED 50,400; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 62,750; 2024 AED 70,675; 2025 AED 75,000; 2026 AED 75,000New contract, March 2016: AED 85,000 a yearNew contract, March 2018: AED 80,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, September 2020: AED 42,000 a yearNew contract, September 2022: AED 47,000 a yearRenewal, September 2023: AED 51,700 a yearNew contract, October 2024: AED 80,000 a year

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

1-beds in Sulafa Tower, and where 1501 sits

All 384 1-beds →

1501 last sold in March 2024 at AED 1,020 per sqft, 7% above what one-beds in Sulafa Tower were fetching at the time (AED 951). Over the last 12 months one-beds sold for AED 1,000,000 to 1,475,000, around AED 1,334 per sqft, and rent for AED 60,000 to 90,000 a year. 1501's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,160,000
19 Jan 20261,370,000
5 Jan 20261,150,000
25 Dec 202597,843
11 1-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. 16 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 8.8%
Typical sale
AED 1.3M
Typical rent
AED 89K /yr
Typical yield
6.6%
Sulafa Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 701 units in Sulafa Tower
Value
15021-bedAED 1M · Mar 2024
15031-bedNo registered sale
15041-bedAED 1.35M · Jul 2014
15051-bedNo registered sale
15061-bedAED 1.15M · Jun 2015
15071-bedAED 1.3M · Feb 2012
15081-bedAED 1.3M · May 2011
1–7 of 13

1501, Sulafa Tower in numbers

  • Sold 3 times: first on 27 May 2009 for AED 1,304,730, last on 8 March 2024 for AED 935,000 (AED 1,020 per sqft).
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 42,000 in 2020 and recovered to AED 80,000 by October 2024.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 15,400 a year (AED 16.81 per sqft).
  • One-beds in Sulafa Tower sold for AED 1,000,000–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 8 October 2024.

Questions about 1501, Sulafa Tower

What did unit 1501 last sell for?

AED 935,000 on 8 March 2024: AED 1,020 per sqft for 916 sqft. The unit has 3 registered sales; the first was AED 1,304,730 in May 2009.

What is the rent for unit 1501?

AED 80,000 a year on the contract signed on 8 October 2024. The previous contract, from September 2023, was AED 51,700; the unit has been rented since March 2016.

How big is unit 1501?

916 sqft (85.1 sqm): a one-bedroom apartment on the 15th floor of a 75-storey tower completed in 2010.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sulafa Tower sold for AED 1,000,000 to 1,475,000 in the last 12 months, around AED 1,334 per sqft.

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Mortgage on 1501, Sulafa Tower

Starts from the last sale price (AED 935K, 8 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

Plus AED 44,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →