1-bed · 916 sqftSulafa Tower, Dubai Marina · 20th floor · completed 2010

2008, Sulafa Tower

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 405K27 September 2017
Current rentAED 77K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Sulafa Tower

What is 2008 worth today?

Last sold for AED 405,000 in 2017

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25 Mar 2024RentedRenewal
AED 77,000/yr12 months · AED 84 per sqft
25 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
1 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 71 per sqft
29 Aug 2021RentedRenewal
AED 49,000/yr12 months · AED 54 per sqft
29 Aug 2020RentedNew contract
AED 47,000/yr12 months · AED 51 per sqft
27 Sep 2017SoldReady
AED 405,000AED 442 per sqft
10 Apr 2015RentedNew contract
AED 105,000/yr12 months · AED 115 per sqft
24 Jan 2011SoldReady
AED 1,328,670AED 1,450 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
916 sqft
Floor
20th of 75
Parking
P230
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 15,400 /yr
Last sold
AED 405K · September 2017
Building
Sulafa Tower

About 2008, Sulafa Tower

2008 is a one-bedroom apartment of 916 sqft on the 20th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 27 September 2017 for AED 405,000, or AED 442 per sqft, 59% below the AED 1,089 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 77,000 a year: a gross yield of 19.0% on the 2017 price, before the service charge of about AED 15,400 a year.

Sales and rents for 2008 over time

Sales
Unit 2008, 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 1,328,670 (AED 1,450 per sqft)Sold, January 2011: AED 1,328,670 (AED 1,450 per sqft)Sold, September 2017: AED 405,000 (AED 442 per sqft)

2008 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2008, each contractTypical one-bed in Sulafa Tower
50K100K20112015201920232027Typical 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, April 2015: AED 105,000 a yearNew contract, August 2020: AED 47,000 a yearRenewal, August 2021: AED 49,000 a yearNew contract, September 2022: AED 65,000 a yearNew contract, March 2023: AED 70,000 a yearRenewal, March 2024: AED 77,000 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 2008 sits

All 384 1-beds →

2008 last sold in September 2017 at AED 442 per sqft, 59% below what one-beds in Sulafa Tower were fetching at the time (AED 1,089). 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. 2008's AED 77,000 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 20th floor

All 701 units in Sulafa Tower
Value
20011-bedNo registered sale
20021-bedAED 918K · Oct 2024
20031-bedAED 1.05M · Oct 2014
20041-bedNo registered sale
20051-bedAED 1.2M · Oct 2014
20061-bedAED 630K · Mar 2021
20071-bedAED 905K · Dec 2017
1–7 of 13

2008, Sulafa Tower in numbers

  • Sold 3 times: first on 31 May 2009 for AED 1,328,670, last on 27 September 2017 for AED 405,000 (AED 442 per sqft).
  • Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 47,000 in 2020 and recovered to AED 77,000 by March 2024.
  • At AED 77,000 a year the gross yield on the 2017 price is 19.0%, 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 25 March 2024.

Questions about 2008, Sulafa Tower

What did unit 2008 last sell for?

AED 405,000 on 27 September 2017: AED 442 per sqft for 916 sqft. The unit has 3 registered sales; the first was AED 1,328,670 in May 2009.

What is the rent for unit 2008?

AED 77,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 70,000; the unit has been rented since April 2015.

How big is unit 2008?

916 sqft (85.1 sqm): a one-bedroom apartment on the 20th floor of a 75-storey tower completed in 2010.

What is unit 2008 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 2008, Sulafa Tower

Starts from the last sale price (AED 405K, 27 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

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