2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 12th floor · completed 2012

1202, 23 Marina Tower

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

Unit 1202 · DLD and Ejari recordsUpdated 9 April 2025
Last soldAED 2.22M27 November 2012
Current rentAED 150K /yr9 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, 23 Marina Tower

What is 1202 worth today?

Last sold for AED 2,219,893 in 2012

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9 Apr 2025RentedRenewal
AED 150,000/yr12 months · AED 93 per sqft
9 Apr 2024RentedRenewal
AED 150,000/yr12 months · AED 93 per sqft
9 Apr 2023RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft
1 Jan 2022RentedRenewal
AED 93,500/yr12 months · AED 58 per sqft
1 Jan 2021RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
25 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
6 Sep 2017RentedRenewal
AED 132,000/yr12 months · AED 82 per sqft
6 Sep 2016RentedNew contract
AED 132,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 9 April 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
12th of 88
Parking
B4-81
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 2.22M · November 2012

About 1202, 23 Marina Tower

1202 is a two-bedroom apartment of 1,617 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 27 November 2012 for AED 2,219,893, or AED 1,372 per sqft, 48% above the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 9 April 2025, is AED 150,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in 23 Marina Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 1,536,849; 2010 AED 1,404,509; 2012 AED 1,502,697; 2013 AED 1,408,778; 2014 AED 2,400,000; 2016 AED 1,985,000; 2018 AED 1,950,000; 2020 AED 1,150,000; 2021 AED 1,250,000; 2023 AED 1,787,500Sold by developer, June 2009: AED 2,219,893 (AED 1,372 per sqft)Sold, November 2012: AED 2,219,893 (AED 1,372 per sqft)

1202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 132,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 128,500; 2019 AED 119,669; 2020 AED 100,000; 2021 AED 93,500; 2022 AED 105,000; 2023 AED 123,000; 2024 AED 140,000; 2025 AED 150,000New contract, September 2012: AED 130,000 a yearRenewal, September 2013: AED 68,250 a yearRenewal, September 2015: AED 141,050 a yearNew contract, September 2016: AED 132,000 a yearRenewal, September 2017: AED 132,000 a yearNew contract, August 2019: AED 115,000 a yearNew contract, January 2021: AED 85,000 a yearRenewal, January 2022: AED 93,500 a yearNew contract, April 2023: AED 150,000 a yearRenewal, April 2024: AED 150,000 a yearRenewal, April 2025: AED 150,000 a year

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

2-beds in 23 Marina Tower, and where 1202 sits

All 46 2-beds →

1202 last sold in November 2012 at AED 1,372 per sqft, 48% above what two-beds in 23 Marina Tower were fetching at the time (AED 924). 1202's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20252,438,815
17 Dec 20242,200,000
4 Jun 20242,010,000
21 Dec 20232,325,000
0 2-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
12013-bedAED 2.4M · Apr 2013
12033-bedAED 2.1M · Jan 2018
12043-bedAED 2.8M · Dec 2024
12052-bedAED 1.8M · Dec 2023
12063-bedAED 1.55M · Jun 2014

1202, 23 Marina Tower in numbers

  • Sold twice: first on 23 June 2009 for AED 2,219,893, last on 27 November 2012 for AED 2,219,893 (AED 1,372 per sqft).
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 68,250 in 2013 and recovered to AED 150,000 by April 2025.
  • At AED 150,000 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 9 April 2025.

Questions about 1202, 23 Marina Tower

What did unit 1202 last sell for?

AED 2,219,893 on 27 November 2012: AED 1,372 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 2,219,893 in June 2009.

What is the rent for unit 1202?

AED 150,000 a year on the contract renewed on 9 April 2025. The previous contract, from April 2024, was AED 150,000; the unit has been rented since September 2012.

How big is unit 1202?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 12th floor of a 88-storey tower completed in 2012.

What is unit 1202 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 1202, 23 Marina Tower

Starts from the last sale price (AED 2.22M, 27 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,219,893
Deposit, UAE resident (20%)
AED 443,979
Deposit, non-resident (40%)
AED 887,957
Monthly over 25 years at 3.7%
AED 9,082

Plus AED 98,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →