1505, 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.
Property timeline for 1505, 23 Marina Tower
What is 1505 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 15th of 88
- Parking
- B4-74
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.54M · November 2012
- Building
- 23 Marina Tower
About 1505, 23 Marina Tower
1505 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 27 November 2012 for AED 1,536,849, or AED 950 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 1 April 2025, is AED 150,000 a year: a gross yield of 9.8% on the 2012 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1505 over time
1505 has sold twice; 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 1505 sits
All 46 2-beds →1505 last sold in November 2012 at AED 950 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 924). 1505's AED 150,000 is in the upper half 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 | |
| 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 | |
| 1506 | 3-bed | 2,161 sqft | AED 2.4MAED 2,400,000 · Dec 2023December 2023 | 185,000 /yr |
1505, 23 Marina Tower in numbers
- Sold twice: first on 15 July 2009 for AED 1,536,849, last on 27 November 2012 for AED 1,536,849 (AED 950 per sqft).
- Rented since October 2012 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 77,000 in 2021 and recovered to AED 150,000 by April 2025.
- At AED 150,000 a year the gross yield on the 2012 price is 9.8%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).
Source: Dubai Land Department. Updated 1 April 2025.
Questions about 1505, 23 Marina Tower
What did unit 1505 last sell for?
AED 1,536,849 on 27 November 2012: AED 950 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,536,849 in July 2009.
What is the rent for unit 1505?
AED 150,000 a year on the contract signed on 1 April 2025. The previous contract, from October 2024, was AED 150,000; the unit has been rented since October 2012.
How big is unit 1505?
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 1505 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 1505, 23 Marina Tower
Starts from the last sale price (AED 1.54M, 27 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,536,849
- Deposit, UAE resident (20%)
- AED 307,370
- Deposit, non-resident (40%)
- AED 614,740
- Monthly over 25 years at 3.7%
- AED 6,288
Plus AED 69,558 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →