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

1206, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in June 2014, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 11 May 2023
Last soldAED 1.55M26 June 2014
Current rentAED 220K /yr11 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, 23 Marina Tower

What is 1206 worth today?

Last sold for AED 1,550,000 in 2014

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11 May 2023RentedNew contract
AED 220,000/yr24 months · AED 102 per sqft
26 Jun 2014SoldReady
AED 1,550,000AED 717 per sqft
11 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 11 May 2023.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
12th of 88
Parking
P2-12,47
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.55M · June 2014
Building
23 Marina Tower

About 1206, 23 Marina Tower

1206 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 26 June 2014 for AED 1,550,000, or AED 717 per sqft, 46% below the AED 1,326 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 May 2023. The current contract, signed on 11 May 2023, is AED 220,000 a year: a gross yield of 14.2% on the 2014 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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)Sold, June 2014: AED 1,550,000 (AED 717 per sqft)

1206 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, 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, May 2023: AED 220,000 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 1206 sits

All 182 3-beds →

1206 last sold in June 2014 at AED 717 per sqft, 46% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,326). 1206's AED 220,000 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
12013-bedAED 2.4M · Apr 2013
12022-bedAED 2.22M · Nov 2012
12033-bedAED 2.1M · Jan 2018
12043-bedAED 2.8M · Dec 2024
12052-bedAED 1.8M · Dec 2023

1206, 23 Marina Tower in numbers

  • Sold 3 times: first on 7 June 2009 for AED 2,145,485, last on 26 June 2014 for AED 1,550,000 (AED 717 per sqft).
  • Rented since May 2023 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2014 price is 14.2%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 11 May 2023.

Questions about 1206, 23 Marina Tower

What did unit 1206 last sell for?

AED 1,550,000 on 26 June 2014: AED 717 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 2,145,485 in June 2009.

What is the rent for unit 1206?

AED 220,000 a year on the contract signed on 11 May 2023.

How big is unit 1206?

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 1206 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 1206, 23 Marina Tower

Starts from the last sale price (AED 1.55M, 26 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →