2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 19th floor · completed 2012

1902, 23 Marina Tower

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.32M27 November 2012
Current rentAED 126K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, 23 Marina Tower

What is 1902 worth today?

Last sold for AED 1,323,398 in 2012

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31 May 2024RentedRenewal
AED 126,000/yr12 months · AED 78 per sqft
31 May 2023RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
20 May 2022RentedRenewal
AED 100,000/yr12 months · AED 62 per sqft
20 May 2021RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
25 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
21 May 2018RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
27 Nov 2012SoldReady
AED 1,323,398AED 818 per sqft
15 Jul 2009Sold by developerOff-plan
AED 1,323,398AED 818 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
19th of 88
Parking
B1-11
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.32M · November 2012

About 1902, 23 Marina Tower

1902 is a two-bedroom apartment of 1,617 sqft on the 19th 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 1,323,398, or AED 818 per sqft, 11% below the AED 924 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 126,000 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1902 over time

Sales
Unit 1902, each saleTypical two-bed in 23 Marina Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 1,536,849; 2010 AED 1,404,509; 2012 AED 1,502,697; 2013 AED 1,408,778; 2014 AED 2,400,000; 2016 AED 1,985,000; 2018 AED 1,950,000; 2020 AED 1,150,000; 2021 AED 1,250,000; 2023 AED 1,787,500Sold by developer, July 2009: AED 1,323,398 (AED 818 per sqft)Sold, November 2012: AED 1,323,398 (AED 818 per sqft)

1902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1902, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 132,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 128,500; 2019 AED 119,669; 2020 AED 100,000; 2021 AED 93,500; 2022 AED 105,000; 2023 AED 123,000; 2024 AED 140,000; 2025 AED 150,000New contract, May 2018: AED 120,000 a yearNew contract, June 2019: AED 105,000 a yearNew contract, May 2021: AED 95,000 a yearRenewal, May 2022: AED 100,000 a yearNew contract, May 2023: AED 105,000 a yearRenewal, May 2024: AED 126,000 a year

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 1902 sits

All 46 2-beds →

1902 last sold in November 2012 at AED 818 per sqft, 11% below what two-beds in 23 Marina Tower were fetching at the time (AED 924). 1902's AED 126,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20252,438,815
17 Dec 20242,200,000
4 Jun 20242,010,000
21 Dec 20232,325,000
0 2-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 19th floor

All 289 units in 23 Marina Tower
Value
19013-bedAED 2.5M · Oct 2022
19033-bedAED 1.92M · Dec 2012
1904AED 2.9M · Aug 2025
19052-bedAED 813K · Dec 2012
19063-bedAED 2.13M · Dec 2012

1902, 23 Marina Tower in numbers

  • Sold twice: first on 15 July 2009 for AED 1,323,398, last on 27 November 2012 for AED 1,323,398 (AED 818 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2021 and recovered to AED 126,000 by May 2024.
  • At AED 126,000 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 31 May 2024.

Questions about 1902, 23 Marina Tower

What did unit 1902 last sell for?

AED 1,323,398 on 27 November 2012: AED 818 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,323,398 in July 2009.

What is the rent for unit 1902?

AED 126,000 a year on the contract renewed on 31 May 2024. The previous contract, from May 2023, was AED 105,000; the unit has been rented since May 2018.

How big is unit 1902?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 19th floor of a 88-storey tower completed in 2012.

What is unit 1902 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 1902, 23 Marina Tower

Starts from the last sale price (AED 1.32M, 27 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,323,398
Deposit, UAE resident (20%)
AED 264,680
Deposit, non-resident (40%)
AED 529,359
Monthly over 25 years at 3.7%
AED 5,414

Plus AED 60,593 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →