3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 25th floor · completed 2012

2504, 23 Marina Tower

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

Unit 2504 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 1.97M24 December 2012
Current rentAED 215K /yr26 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, 23 Marina Tower

What is 2504 worth today?

Last sold for AED 1,970,345 in 2012

Unlock today's estimate, updated daily, with

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

26 Dec 2024RentedRenewal
AED 215,065/yr12 months · AED 100 per sqft
26 Dec 2023RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
7 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 47 per sqft
14 Oct 2018RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
10 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
25 Oct 2014RentedNew contract
AED 190,000/yr12 months · AED 89 per sqft
10 Jul 2013RentedRenewal
AED 141,750/yr12 months · AED 66 per sqft
24 Dec 2012SoldReady
AED 1,970,345AED 918 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
25th of 88
Parking
B3-21,22
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.97M · December 2012

About 2504, 23 Marina Tower

2504 is a three-bedroom apartment of 2,146 sqft on the 25th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 24 December 2012 for AED 1,970,345, or AED 918 per sqft, 3% above the AED 890 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 26 December 2024, is AED 215,065 a year: a gross yield of 10.9% on the 2012 price, before the service charge of about AED 41,300 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, June 2009: AED 1,970,345 (AED 918 per sqft)Sold, December 2012: AED 1,970,345 (AED 918 per sqft)

2504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2504, 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, July 2012: AED 135,000 a yearRenewal, July 2013: AED 141,750 a yearNew contract, October 2014: AED 190,000 a yearNew contract, August 2017: AED 170,000 a yearNew contract, October 2018: AED 155,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, December 2023: AED 200,000 a yearRenewal, December 2024: AED 215,065 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 2504 sits

All 182 3-beds →

2504 last sold in December 2012 at AED 918 per sqft, 3% above what three-beds in 23 Marina Tower were fetching at the time (AED 890). 2504's AED 215,065 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 25th floor

All 289 units in 23 Marina Tower
Value
25013-bedAED 2.7M · Nov 2017
25022-bedAED 2.1M · Apr 2016
25033-bedAED 1.59M · Aug 2020
25052-bedAED 1.54M · Dec 2012
2506AED 2.2M · Mar 2023

2504, 23 Marina Tower in numbers

  • Sold twice: first on 7 June 2009 for AED 1,970,345, last on 24 December 2012 for AED 1,970,345 (AED 918 per sqft).
  • Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2020 and recovered to AED 215,065 by December 2024.
  • At AED 215,065 a year the gross yield on the 2012 price is 10.9%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2024.

Questions about 2504, 23 Marina Tower

What did unit 2504 last sell for?

AED 1,970,345 on 24 December 2012: AED 918 per sqft for 2,146 sqft. The unit has 2 registered sales; the first was AED 1,970,345 in June 2009.

What is the rent for unit 2504?

AED 215,065 a year on the contract renewed on 26 December 2024. The previous contract, from December 2023, was AED 200,000; the unit has been rented since July 2012.

How big is unit 2504?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 25th floor of a 88-storey tower completed in 2012.

What is unit 2504 worth today?

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

Selling 2504? 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 2504, 23 Marina Tower

Starts from the last sale price (AED 1.97M, 24 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,345
Deposit, UAE resident (20%)
AED 394,069
Deposit, non-resident (40%)
AED 788,138
Monthly over 25 years at 3.7%
AED 8,061

Plus AED 87,765 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →