3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 11th floor · completed 2012

1103, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 2.3M15 June 2023
Current rentAED 205K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, 23 Marina Tower

What is 1103 worth today?

Last sold for AED 2,300,000 in 2023

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22 Jul 2024RentedNew contract
AED 205,000/yr12 months · AED 96 per sqft
20 Jul 2023RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
15 Jun 2023SoldReady
AED 2,300,000AED 1,071 per sqft
20 Jul 2022RentedNew contract
AED 163,000/yr12 months · AED 76 per sqft
21 Jul 2013SoldReady
AED 2,350,000AED 1,095 per sqft
18 Mar 2013SoldReady
AED 2,600,852AED 1,211 per sqft
20 Nov 2012RentedNew contract
AED 240,000/yr12 months · AED 112 per sqft
16 Jan 2011Sold by developerOff-plan
AED 2,600,852AED 1,211 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
11th of 88
Parking
B4-35,36
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.3M · June 2023

About 1103, 23 Marina Tower

1103 is a three-bedroom apartment of 2,146 sqft on the 11th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 15 June 2023 for AED 2,300,000, or AED 1,071 per sqft, 7% below the AED 1,148 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 22 July 2024, is AED 205,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical three-bed in 23 Marina Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,591,257; 2010 AED 2,390,742; 2011 AED 1,856,941; 2012 AED 2,390,743; 2013 AED 2,674,613; 2014 AED 3,500,000; 2015 AED 3,300,000; 2016 AED 2,450,000; 2017 AED 2,605,000; 2018 AED 2,050,050; 2019 AED 2,000,000; 2020 AED 1,500,000; 2021 AED 2,300,000; 2022 AED 2,222,000; 2023 AED 3,490,000; 2024 AED 2,916,210; 2025 AED 4,112,501Sold by developer, January 2011: AED 2,600,852 (AED 1,211 per sqft)Sold, March 2013: AED 2,600,852 (AED 1,211 per sqft)Sold, July 2013: AED 2,350,000 (AED 1,095 per sqft)Sold, June 2023: AED 2,300,000 (AED 1,071 per sqft)

1103 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1103, each contractTypical three-bed in 23 Marina Tower
200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 185,000; 2014 AED 200,700; 2015 AED 219,000; 2016 AED 202,500; 2017 AED 193,313; 2018 AED 181,500; 2019 AED 165,000; 2020 AED 135,000; 2021 AED 147,000; 2022 AED 165,000; 2023 AED 200,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 250,000New contract, November 2012: AED 240,000 a yearNew contract, July 2022: AED 163,000 a yearNew contract, July 2023: AED 170,000 a yearNew contract, July 2024: AED 205,000 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 23 Marina Tower, and where 1103 sits

All 182 3-beds →

1103 last sold in June 2023 at AED 1,071 per sqft, 7% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,148). 1103's AED 205,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jul 20255,250,000
19 Jun 20253,050,000
19 Jun 20254,500,000
17 Jun 20254,000,002
0 3-bed sales in the last 12 months

23 Marina Tower

Building

289 apartments, 2-bed to 5-bed over 88 floors in Dubai Marina, completed in 2012 by Hircon International. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 200K /yr
Typical yield
23 Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 289 units in 23 Marina Tower
Value
11013-bedAED 2.9M · Jul 2015
11022-bedAED 1.78M · Feb 2023
1104AED 1.78M · Nov 2022
11052-bedAED 1.1M · Jun 2020
11063-bedAED 2.15M · Dec 2012

1103, 23 Marina Tower in numbers

  • Sold 4 times: first on 16 January 2011 for AED 2,600,852, last on 15 June 2023 for AED 2,300,000 (AED 1,071 per sqft).
  • Rented since November 2012 on 4 Ejari contracts. The rent fell from AED 240,000 to AED 163,000 in 2022 and recovered to AED 205,000 by July 2024.
  • At AED 205,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2024.

Questions about 1103, 23 Marina Tower

What did unit 1103 last sell for?

AED 2,300,000 on 15 June 2023: AED 1,071 per sqft for 2,146 sqft. The unit has 4 registered sales; the first was AED 2,600,852 in January 2011.

What is the rent for unit 1103?

AED 205,000 a year on the contract signed on 22 July 2024. The previous contract, from July 2023, was AED 170,000; the unit has been rented since November 2012.

How big is unit 1103?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 11th floor of a 88-storey tower completed in 2012.

What is unit 1103 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 1103, 23 Marina Tower

Starts from the last sale price (AED 2.3M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →