3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 15th floor · completed 2012

1503, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 2.96M21 March 2024
Current rentAED 200K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, 23 Marina Tower

What is 1503 worth today?

Last sold for AED 2,957,419 in 2024

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22 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 93 per sqft
22 Apr 2024RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
21 Mar 2024SoldReady
AED 2,957,419AED 1,378 per sqft
28 Sep 2013RentedNew contract
AED 169,529/yr12 months · AED 79 per sqft
13 Dec 2012SoldReady
AED 1,641,953AED 765 per sqft
4 Jul 2012Sold by developerOff-plan
AED 1,641,953AED 765 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
15th of 88
Parking
B4-7,8
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.96M · March 2024

About 1503, 23 Marina Tower

1503 is a three-bedroom apartment of 2,146 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 21 March 2024 for AED 2,957,419, or AED 1,378 per sqft, 8% above the AED 1,275 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 22 April 2025, is AED 200,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, July 2012: AED 1,641,953 (AED 765 per sqft)Sold, December 2012: AED 1,641,953 (AED 765 per sqft)Sold, March 2024: AED 2,957,419 (AED 1,378 per sqft)

1503 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1503, 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, September 2013: AED 169,529 a yearNew contract, April 2024: AED 200,000 a yearRenewal, April 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 1503 sits

All 182 3-beds →

1503 last sold in March 2024 at AED 1,378 per sqft, 8% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,275). 1503'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 15th floor

All 289 units in 23 Marina Tower
Value
15013-bedAED 1.86M · Mar 2013
15022-bedAED 1.95M · Mar 2018
15043-bedAED 1.81M · Apr 2022
15052-bedAED 1.54M · Nov 2012
15063-bedAED 2.4M · Dec 2023

1503, 23 Marina Tower in numbers

  • Sold 3 times: first on 4 July 2012 for AED 1,641,953, last on 21 March 2024 for AED 2,957,419 (AED 1,378 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 169,529 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 April 2025.

Questions about 1503, 23 Marina Tower

What did unit 1503 last sell for?

AED 2,957,419 on 21 March 2024: AED 1,378 per sqft for 2,146 sqft. The unit has 3 registered sales; the first was AED 1,641,953 in July 2012.

What is the rent for unit 1503?

AED 200,000 a year on the contract renewed on 22 April 2025. The previous contract, from April 2024, was AED 200,000; the unit has been rented since September 2013.

How big is unit 1503?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 15th floor of a 88-storey tower completed in 2012.

What is unit 1503 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 1503, 23 Marina Tower

Starts from the last sale price (AED 2.96M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,957,419
Deposit, UAE resident (20%)
AED 591,484
Deposit, non-resident (40%)
AED 1,182,968
Monthly over 25 years at 3.7%
AED 12,100

Plus AED 129,222 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →