1502, 23 Marina Tower
Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, 23 Marina Tower
What is 1502 worth today?
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Source: Dubai Land Department. Updated 23 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 15th of 88
- Parking
- B4-75
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.95M · March 2018
- Building
- 23 Marina Tower
About 1502, 23 Marina Tower
1502 is a two-bedroom apartment of 1,617 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 22 March 2018 for AED 1,950,000, or AED 1,205 per sqft, 4% above the AED 1,159 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 23 February 2025, is AED 168,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1502 over time
1502 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1502 sits
All 46 2-beds →1502 last sold in March 2018 at AED 1,205 per sqft, 4% above what two-beds in 23 Marina Tower were fetching at the time (AED 1,159). 1502's AED 168,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202512 May 2025 | 1,617 sqft | 2,438,815 | 1,508 | ||
| 17 Dec 202417 December 2024 | 1,617 sqft | 2,200,000 | 1,360 | ||
| 4 Jun 20244 June 2024 | 1,617 sqft | 2,010,000 | 1,243 | ||
| 21 Dec 202321 December 2023 | 1,617 sqft | 2,325,000 | 1,437 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,161 sqft | AED 1.86MAED 1,860,881 · Mar 2013March 2013 | 200,000 /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 |
1502, 23 Marina Tower in numbers
- Sold 3 times: first on 15 July 2009 for AED 1,557,340, last on 22 March 2018 for AED 1,950,000 (AED 1,205 per sqft).
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2021 and recovered to AED 168,000 by February 2025.
- At AED 168,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).
Source: Dubai Land Department. Updated 23 February 2025.
Questions about 1502, 23 Marina Tower
What did unit 1502 last sell for?
AED 1,950,000 on 22 March 2018: AED 1,205 per sqft for 1,617 sqft. The unit has 3 registered sales; the first was AED 1,557,340 in July 2009.
What is the rent for unit 1502?
AED 168,000 a year on the contract renewed on 23 February 2025. The previous contract, from February 2023, was AED 160,000; the unit has been rented since August 2014.
How big is unit 1502?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 15th floor of a 88-storey tower completed in 2012.
What is unit 1502 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 1502, 23 Marina Tower
Starts from the last sale price (AED 1.95M, 22 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →