3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 12th floor · completed 2012

1201, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 2.4M14 April 2013
Current rentAED 200K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, 23 Marina Tower

What is 1201 worth today?

Last sold for AED 2,400,000 in 2013

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15 May 2025RentedRenewal
AED 200,000/yr12 months · AED 93 per sqft
15 May 2024RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
15 Feb 2022RentedRenewal
AED 192,500/yr12 months · AED 89 per sqft
15 Feb 2021RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 5 per sqft
1 Dec 2018RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
26 Oct 2017RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
26 Oct 2016RentedNew contract
AED 230,000/yr12 months · AED 106 per sqft
26 Oct 2015RentedRenewal
AED 230,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
12th of 88
Parking
B4-29,30
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 2.4M · April 2013

About 1201, 23 Marina Tower

1201 is a three-bedroom apartment of 2,161 sqft on the 12th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 14 April 2013 for AED 2,400,000, or AED 1,110 per sqft, 22% above the AED 911 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 200,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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 2,298,735 (AED 1,063 per sqft)Sold, January 2013: AED 2,298,735 (AED 1,063 per sqft)Sold, April 2013: AED 2,400,000 (AED 1,110 per sqft)

1201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, 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, October 2014: AED 230,000 a yearRenewal, October 2015: AED 230,000 a yearNew contract, October 2016: AED 230,000 a yearNew contract, October 2017: AED 230,000 a yearNew contract, December 2018: AED 155,000 a yearRenewal, February 2022: AED 192,500 a yearNew contract, May 2024: AED 200,000 a yearRenewal, May 2025: AED 200,000 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 1201 sits

All 182 3-beds →

1201 last sold in April 2013 at AED 1,110 per sqft, 22% above what three-beds in 23 Marina Tower were fetching at the time (AED 911). 1201's AED 200,000 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 12th floor

All 289 units in 23 Marina Tower
Value
12022-bedAED 2.22M · Nov 2012
12033-bedAED 2.1M · Jan 2018
12043-bedAED 2.8M · Dec 2024
12052-bedAED 1.8M · Dec 2023
12063-bedAED 1.55M · Jun 2014

1201, 23 Marina Tower in numbers

  • Sold 3 times: first on 24 June 2009 for AED 2,298,735, last on 14 April 2013 for AED 2,400,000 (AED 1,110 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 10,000 in 2021 and recovered to AED 200,000 by May 2025.
  • At AED 200,000 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 1201, 23 Marina Tower

What did unit 1201 last sell for?

AED 2,400,000 on 14 April 2013: AED 1,110 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 2,298,735 in June 2009.

What is the rent for unit 1201?

AED 200,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 200,000; the unit has been rented since October 2014.

How big is unit 1201?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 12th floor of a 88-storey tower completed in 2012.

What is unit 1201 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 1201, 23 Marina Tower

Starts from the last sale price (AED 2.4M, 14 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →