3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 17th floor · completed 2012

1703, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 1.75M13 December 2012
Current rentAED 190K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, 23 Marina Tower

What is 1703 worth today?

Last sold for AED 1,751,468 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Feb 2023RentedNew contract
AED 190,000/yr12 months · AED 89 per sqft
11 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 47 per sqft
10 Dec 2018RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
17 Mar 2017RentedNew contract
AED 175,000/yr12 months · AED 82 per sqft
17 Mar 2016RentedNew contract
AED 175,000/yr12 months · AED 82 per sqft
27 Oct 2014RentedNew contract
AED 189,000/yr12 months · AED 88 per sqft
27 Oct 2013RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
13 Dec 2012SoldReady
AED 1,751,468AED 816 per sqft

Source: Dubai Land Department. Updated 25 February 2023.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
17th of 88
Parking
B3-81,82
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.75M · December 2012

About 1703, 23 Marina Tower

1703 is a three-bedroom apartment of 2,146 sqft on the 17th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 13 December 2012 for AED 1,751,468, or AED 816 per sqft, 8% below the AED 891 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 February 2023, is AED 190,000 a year: a gross yield of 10.8% on the 2012 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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 2010: AED 1,751,468 (AED 816 per sqft)Sold, December 2012: AED 1,751,468 (AED 816 per sqft)

1703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1703, 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, October 2013: AED 180,000 a yearNew contract, October 2014: AED 189,000 a yearNew contract, March 2016: AED 175,000 a yearNew contract, March 2017: AED 175,000 a yearNew contract, December 2018: AED 150,000 a yearNew contract, February 2021: AED 100,000 a yearNew contract, February 2023: AED 190,000 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 1703 sits

All 182 3-beds →

1703 last sold in December 2012 at AED 816 per sqft, 8% below what three-beds in 23 Marina Tower were fetching at the time (AED 891). 1703's AED 190,000 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 17th floor

All 289 units in 23 Marina Tower
Value
17013-bedAED 1.7M · Dec 2012
17022-bedAED 2.06M · Apr 2016
17043-bedAED 2.2M · Jan 2018
17052-bedAED 1.15M · Jan 2020
17063-bedAED 1.97M · Feb 2013

1703, 23 Marina Tower in numbers

  • Sold twice: first on 22 August 2010 for AED 1,751,468, last on 13 December 2012 for AED 1,751,468 (AED 816 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 100,000 in 2021 and recovered to AED 190,000 by February 2023.
  • At AED 190,000 a year the gross yield on the 2012 price is 10.8%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 25 February 2023.

Questions about 1703, 23 Marina Tower

What did unit 1703 last sell for?

AED 1,751,468 on 13 December 2012: AED 816 per sqft for 2,146 sqft. The unit has 2 registered sales; the first was AED 1,751,468 in August 2010.

What is the rent for unit 1703?

AED 190,000 a year on the contract signed on 25 February 2023. The previous contract, from February 2021, was AED 100,000; the unit has been rented since October 2013.

How big is unit 1703?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 17th floor of a 88-storey tower completed in 2012.

What is unit 1703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1703, 23 Marina Tower

Starts from the last sale price (AED 1.75M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,751,468
Deposit, UAE resident (20%)
AED 350,294
Deposit, non-resident (40%)
AED 700,587
Monthly over 25 years at 3.7%
AED 7,166

Plus AED 78,572 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →