2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 23rd floor · completed 2012

2305, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2305 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 2.2M17 December 2024
Current rentAED 121K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2305, 23 Marina Tower

What is 2305 worth today?

Last sold for AED 2,200,000 in 2024

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17 Dec 2024SoldReady
AED 2,200,000AED 1,360 per sqft
1 Oct 2024RentedRenewal
AED 121,275/yr12 months · AED 75 per sqft
1 Oct 2023RentedRenewal
AED 110,250/yr12 months · AED 68 per sqft
1 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
1 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft
25 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 53 per sqft
8 Feb 2016SoldReady
AED 1,750,000AED 1,082 per sqft
14 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
23rd of 88
Parking
B4-58
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 2.2M · December 2024

About 2305, 23 Marina Tower

2305 is a two-bedroom apartment of 1,617 sqft on the 23rd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 17 December 2024 for AED 2,200,000, or AED 1,360 per sqft, 4% above the AED 1,302 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 121,275 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2305 over time

Sales
Unit 2305, each saleTypical two-bed in 23 Marina Tower
1M2M2009201420192024Typical 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 1,622,230 (AED 1,003 per sqft)Sold, November 2012: AED 1,622,230 (AED 1,003 per sqft)Sold, February 2016: AED 1,750,000 (AED 1,082 per sqft)Sold, December 2024: AED 2,200,000 (AED 1,360 per sqft)

2305 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2305, 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, December 2014: AED 150,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 110,250 a yearRenewal, October 2024: AED 121,275 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 2305 sits

All 46 2-beds →

2305 last sold in December 2024 at AED 1,360 per sqft, 4% above what two-beds in 23 Marina Tower were fetching at the time (AED 1,302). 2305's AED 121,275 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20252,438,815
4 Jun 20242,010,000
21 Dec 20232,325,000
18 Dec 20231,800,000
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 23rd floor

All 289 units in 23 Marina Tower
Value
23013-bedAED 825K · Apr 2020
23022-bedAED 2.35M · Nov 2013
23033-bedAED 2.03M · Dec 2012
23043-bedAED 2.23M · Jan 2013
23063-bedAED 1.75M · Mar 2014

2305, 23 Marina Tower in numbers

  • Sold 4 times: first on 16 July 2009 for AED 1,622,230, last on 17 December 2024 for AED 2,200,000 (AED 1,360 per sqft).
  • Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 121,275 by October 2024.
  • At AED 121,275 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 17 December 2024.

Questions about 2305, 23 Marina Tower

What did unit 2305 last sell for?

AED 2,200,000 on 17 December 2024: AED 1,360 per sqft for 1,617 sqft. The unit has 4 registered sales; the first was AED 1,622,230 in July 2009.

What is the rent for unit 2305?

AED 121,275 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 110,250; the unit has been rented since December 2014.

How big is unit 2305?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 23rd floor of a 88-storey tower completed in 2012.

What is unit 2305 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 2305, 23 Marina Tower

Starts from the last sale price (AED 2.2M, 17 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →