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3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 23rd floor · completed 2012

2306, 23 Marina Tower

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 1.75M11 March 2014
Current rentAED 208K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2306, 23 Marina Tower

What is 2306 worth today?

Last sold for AED 1,750,000 in 2014

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25 Mar 2025RentedNew contract
AED 207,500/yr24 months · AED 96 per sqft
8 Feb 2019RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
9 Feb 2016RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
8 Jan 2015RentedNew contract
AED 165,138/yr13 months · AED 76 per sqft
11 Mar 2014Sold by developerReady
AED 1,750,000AED 809 per sqft

Source: Dubai Land Department. Updated 25 March 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
23rd of 88
Parking
B3-33,34
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.75M · March 2014
Building
23 Marina Tower

About 2306, 23 Marina Tower

2306 is a three-bedroom apartment of 2,161 sqft on the 23rd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. The developer sold it on 11 March 2014 for AED 1,750,000, or AED 809 per sqft, 33% below the AED 1,211 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 25 March 2025, is AED 207,500 a year: a gross yield of 11.9% on the 2014 price, before the service charge of about AED 41,600 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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, March 2014: AED 1,750,000 (AED 809 per sqft)

2306 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2306, each contractTypical three-bed in 23 Marina Tower
200K2012201620202024Typical 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, January 2015: AED 165,138 a yearNew contract, February 2016: AED 175,000 a yearNew contract, February 2019: AED 175,000 a yearNew contract, March 2025: AED 207,500 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 2306 sits

All 182 3-beds →

2306 last sold in March 2014 at AED 809 per sqft, 33% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,211). 2306's AED 207,500 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 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
23052-bedAED 2.2M · Dec 2024

2306, 23 Marina Tower in numbers

  • Sold once: by Hircon International on 11 March 2014 for AED 1,750,000, or AED 809 per sqft.
  • Rented since January 2015 on 4 Ejari contracts, from AED 165,138 to AED 207,500 a year.
  • At AED 207,500 a year the gross yield on the 2014 price is 11.9%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 25 March 2025.

Questions about 2306, 23 Marina Tower

What did unit 2306 last sell for?

AED 1,750,000 on 11 March 2014, sold by the developer: AED 809 per sqft for 2,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 207,500 a year on the contract signed on 25 March 2025. The previous contract, from February 2019, was AED 175,000; the unit has been rented since January 2015.

How big is unit 2306?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 23rd floor of a 88-storey tower completed in 2012.

What is unit 2306 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 2306, 23 Marina Tower

Starts from the last sale price (AED 1.75M, 11 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →