3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 16th floor · completed 2012

1604, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.7M12 July 2021
Current rentAED 220K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, 23 Marina Tower

What is 1604 worth today?

Last sold for AED 1,700,000 in 2021

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1 Apr 2025RentedNew contract
AED 220,000/yr12 months · AED 103 per sqft
28 Sep 2022RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
12 Jul 2021SoldReady
AED 1,700,000AED 792 per sqft
21 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
21 Sep 2019RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
15 Mar 2016RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
15 Aug 2014RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
15 Aug 2013RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
16th of 88
Parking
B3-11,12
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.7M · July 2021

About 1604, 23 Marina Tower

1604 is a three-bedroom apartment of 2,146 sqft on the 16th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 12 July 2021 for AED 1,700,000, or AED 792 per sqft, 7% above the AED 740 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 1 April 2025, is AED 220,000 a year: a gross yield of 12.9% on the 2021 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, August 2009: AED 2,101,699 (AED 979 per sqft)Sold, December 2012: AED 2,101,699 (AED 979 per sqft)Sold, July 2021: AED 1,700,000 (AED 792 per sqft)

1604 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1604, each contractTypical three-bed in 23 Marina Tower
100K200K2012201620202024Typical 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, August 2012: AED 140,000 a yearNew contract, August 2013: AED 155,000 a yearNew contract, August 2014: AED 170,000 a yearNew contract, March 2016: AED 185,000 a yearRenewal, September 2019: AED 155,000 a yearRenewal, September 2020: AED 120,000 a yearNew contract, September 2022: AED 180,000 a yearNew contract, April 2025: 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 1604 sits

All 182 3-beds →

1604 last sold in July 2021 at AED 792 per sqft, 7% above what three-beds in 23 Marina Tower were fetching at the time (AED 740). 1604'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 16th floor

All 289 units in 23 Marina Tower
Value
16013-bedAED 2.03M · Dec 2012
16022-bedAED 1.79M · Dec 2012
16033-bedAED 1.64M · Aug 2021
1605AED 2.08M · Aug 2025
16063-bedAED 1.87M · Apr 2022

1604, 23 Marina Tower in numbers

  • Sold 3 times: first on 17 August 2009 for AED 2,101,699, last on 12 July 2021 for AED 1,700,000 (AED 792 per sqft).
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2020 and recovered to AED 220,000 by April 2025.
  • At AED 220,000 a year the gross yield on the 2021 price is 12.9%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 1604, 23 Marina Tower

What did unit 1604 last sell for?

AED 1,700,000 on 12 July 2021: AED 792 per sqft for 2,146 sqft. The unit has 3 registered sales; the first was AED 2,101,699 in August 2009.

What is the rent for unit 1604?

AED 220,000 a year on the contract signed on 1 April 2025. The previous contract, from September 2022, was AED 180,000; the unit has been rented since August 2012.

How big is unit 1604?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 16th floor of a 88-storey tower completed in 2012.

What is unit 1604 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 1604, 23 Marina Tower

Starts from the last sale price (AED 1.7M, 12 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →