3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 24th floor · completed 2012

2403, 23 Marina Tower

Sold prices and rental history: sold 5 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 2.7M22 November 2023
Current rentAED 175K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, 23 Marina Tower

What is 2403 worth today?

Last sold for AED 2,700,000 in 2023

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22 Nov 2023SoldReady
AED 2,700,000AED 1,258 per sqft
15 Jun 2023RentedRenewal
AED 175,000/yr6 months · AED 82 per sqft
28 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 47 per sqft
9 Nov 2019RentedRenewal
AED 171,000/yr12 months · AED 80 per sqft
9 Nov 2018RentedRenewal
AED 174,420/yr12 months · AED 81 per sqft
9 Nov 2017RentedNew contract
AED 171,000/yr12 months · AED 80 per sqft
1 Nov 2016RentedRenewal
AED 195,000/yr12 months · AED 91 per sqft
1 Nov 2015RentedNew contract
AED 195,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
24th of 88
Parking
P2-7,52
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.7M · November 2023

About 2403, 23 Marina Tower

2403 is a three-bedroom apartment of 2,146 sqft on the 24th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 22 November 2023 for AED 2,700,000, or AED 1,258 per sqft, 4% above the AED 1,204 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 175,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 41,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, July 2009: AED 1,970,345 (AED 918 per sqft)Sold, September 2012: AED 1,900,000 (AED 885 per sqft)Sold, April 2013: AED 1,900,000 (AED 885 per sqft)Sold, December 2013: AED 2,850,000 (AED 1,327 per sqft)Sold, November 2023: AED 2,700,000 (AED 1,258 per sqft)

2403 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2403, 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, December 2013: AED 190,000 a yearNew contract, December 2014: AED 199,500 a yearNew contract, November 2015: AED 195,000 a yearRenewal, November 2016: AED 195,000 a yearNew contract, November 2017: AED 171,000 a yearRenewal, November 2018: AED 174,420 a yearRenewal, November 2019: AED 171,000 a yearNew contract, November 2020: AED 100,000 a yearRenewal, June 2023: AED 175,000 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 2403 sits

All 182 3-beds →

2403 last sold in November 2023 at AED 1,258 per sqft, 4% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,204). 2403's AED 175,000 is at the bottom 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 24th floor

All 289 units in 23 Marina Tower
Value
24013-bedAED 1.81M · Mar 2013
24022-bedAED 2M · Sep 2018
24043-bedAED 3.3M · Jul 2024
24052-bedAED 1.75M · Oct 2013
24063-bedAED 1.85M · Mar 2023

2403, 23 Marina Tower in numbers

  • Sold 5 times: first on 7 July 2009 for AED 1,970,345, last on 22 November 2023 for AED 2,700,000 (AED 1,258 per sqft).
  • Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 100,000 in 2020 and recovered to AED 175,000 by June 2023.
  • At AED 175,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 22 November 2023.

Questions about 2403, 23 Marina Tower

What did unit 2403 last sell for?

AED 2,700,000 on 22 November 2023: AED 1,258 per sqft for 2,146 sqft. The unit has 5 registered sales; the first was AED 1,970,345 in July 2009.

What is the rent for unit 2403?

AED 175,000 a year on the contract renewed on 15 June 2023. The previous contract, from November 2020, was AED 100,000; the unit has been rented since December 2013.

How big is unit 2403?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 24th floor of a 88-storey tower completed in 2012.

What is unit 2403 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 2403, 23 Marina Tower

Starts from the last sale price (AED 2.7M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →