3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 11th floor · completed 2012

1106, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 12 February 2025
Last soldAED 2.15M16 December 2012
Current rentAED 185K /yr12 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, 23 Marina Tower

What is 1106 worth today?

Last sold for AED 2,145,485 in 2012

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12 Feb 2025RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft
12 Feb 2025RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft
12 Feb 2024RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
24 Feb 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
24 Aug 2013RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
16 Dec 2012SoldReady
AED 2,145,485AED 992 per sqft
7 Jun 2009Sold by developerOff-plan
AED 2,145,485AED 992 per sqft

Source: Dubai Land Department. Updated 12 February 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
11th of 88
Parking
B4-31,32
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 2.15M · December 2012

About 1106, 23 Marina Tower

1106 is a three-bedroom apartment of 2,161 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 16 December 2012 for AED 2,145,485, or AED 992 per sqft, 12% above the AED 885 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 12 February 2025, is AED 185,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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, June 2009: AED 2,145,485 (AED 992 per sqft)Sold, December 2012: AED 2,145,485 (AED 992 per sqft)

1106 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1106, 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, August 2013: AED 170,000 a yearNew contract, February 2019: AED 150,000 a yearNew contract, February 2024: AED 185,000 a yearRenewal, February 2025: AED 185,000 a yearRenewal, February 2025: AED 185,000 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 1106 sits

All 182 3-beds →

1106 last sold in December 2012 at AED 992 per sqft, 12% above what three-beds in 23 Marina Tower were fetching at the time (AED 885). 1106's AED 185,000 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
11033-bedAED 2.3M · Jun 2023
1104AED 1.78M · Nov 2022
11052-bedAED 1.1M · Jun 2020

1106, 23 Marina Tower in numbers

  • Sold twice: first on 7 June 2009 for AED 2,145,485, last on 16 December 2012 for AED 2,145,485 (AED 992 per sqft).
  • Rented since August 2013 on 5 Ejari contracts. The rent fell from AED 170,000 to AED 150,000 in 2019 and recovered to AED 185,000 by February 2025.
  • At AED 185,000 a year the gross yield on the 2012 price is 8.6%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 12 February 2025.

Questions about 1106, 23 Marina Tower

What did unit 1106 last sell for?

AED 2,145,485 on 16 December 2012: AED 992 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 2,145,485 in June 2009.

What is the rent for unit 1106?

AED 185,000 a year on the contract renewed on 12 February 2025. The previous contract, from February 2025, was AED 185,000; the unit has been rented since August 2013.

How big is unit 1106?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 11th floor of a 88-storey tower completed in 2012.

What is unit 1106 worth today?

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Mortgage on 1106, 23 Marina Tower

Starts from the last sale price (AED 2.15M, 16 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,145,485
Deposit, UAE resident (20%)
AED 429,097
Deposit, non-resident (40%)
AED 858,194
Monthly over 25 years at 3.7%
AED 8,778

Plus AED 95,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →