1501, 23 Marina Tower
Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, 23 Marina Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 7 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,161 sqft
- Floor
- 15th of 88
- Parking
- B4-9,10
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 1.86M · March 2013
- Building
- 23 Marina Tower
About 1501, 23 Marina Tower
1501 is a three-bedroom apartment of 2,161 sqft on the 15th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 5 March 2013 for AED 1,860,881, or AED 861 per sqft, 5% below the AED 911 three-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 7 July 2024, is AED 200,000 a year: a gross yield of 10.8% on the 2013 price, before the service charge of about AED 41,600 a year.
Sales and rents for 1501 over time
1501 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 182 3-beds →1501 last sold in March 2013 at AED 861 per sqft, 5% below what three-beds in 23 Marina Tower were fetching at the time (AED 911). 1501's AED 200,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jul 20258 July 2025 | 2,980 sqft | 5,250,000 | 1,761 | ||
| 19 Jun 202519 June 2025 | 2,161 sqft | 3,050,000 | 1,411 | ||
| 19 Jun 202519 June 2025 | 2,980 sqft | 4,500,000 | 1,510 | ||
| 17 Jun 202517 June 2025 | 2,980 sqft | 4,000,002 | 1,342 |
23 Marina Tower
Building289 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
Other units on the 15th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,617 sqft | AED 1.95MAED 1,950,000 · Mar 2018March 2018 | 168,000 /yr | |
| 1503 | 3-bed | 2,146 sqft | AED 2.96MAED 2,957,419 · Mar 2024March 2024 | 200,000 /yr | |
| 1504 | 3-bed | 2,146 sqft | AED 1.81MAED 1,808,000 · Apr 2022April 2022 | 95,000 /yr | |
| 1505 | 2-bed | 1,617 sqft | AED 1.54MAED 1,536,849 · Nov 2012November 2012 | 150,000 /yr | |
| 1506 | 3-bed | 2,161 sqft | AED 2.4MAED 2,400,000 · Dec 2023December 2023 | 185,000 /yr |
1501, 23 Marina Tower in numbers
- Sold 3 times: first on 5 July 2009 for AED 1,860,881, last on 5 March 2013 for AED 1,860,881 (AED 861 per sqft).
- Rented since September 2012 on 8 Ejari contracts, from AED 150,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2013 price is 10.8%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).
Source: Dubai Land Department. Updated 7 July 2024.
Questions about 1501, 23 Marina Tower
What did unit 1501 last sell for?
AED 1,860,881 on 5 March 2013: AED 861 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 1,860,881 in July 2009.
What is the rent for unit 1501?
AED 200,000 a year on the contract signed on 7 July 2024. The previous contract, from May 2023, was AED 200,000; the unit has been rented since September 2012.
How big is unit 1501?
2,161 sqft (200.8 sqm): a three-bedroom apartment on the 15th floor of a 88-storey tower completed in 2012.
What is unit 1501 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 1501, 23 Marina Tower
Starts from the last sale price (AED 1.86M, 5 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,860,881
- Deposit, UAE resident (20%)
- AED 372,176
- Deposit, non-resident (40%)
- AED 744,352
- Monthly over 25 years at 3.7%
- AED 7,613
Plus AED 83,167 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →