2506, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, 23 Marina Tower
What is 2506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 March 2023.
Key facts
- Type
- Apartment
- Size
- 2,161 sqft
- Floor
- 25th of 88
- Parking
- B2-5,6
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 2.2M · March 2023
- Building
- 23 Marina Tower
About 2506, 23 Marina Tower
2506 is an apartment of 2,161 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 13 March 2023 for AED 2,200,000, or AED 1,017 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 4 November 2022, is AED 175,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 41,600 a year.
23 Marina Tower
Building289 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
Other units on the 25th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 2,161 sqft | AED 2.7MAED 2,700,000 · Nov 2017November 2017 | 217,500 /yr | |
| 2502 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Apr 2016April 2016 | 115,792 /yr | |
| 2503 | 3-bed | 1,073 sqft | AED 1.59MAED 1,590,000 · Aug 2020August 2020 | 220,000 /yr | |
| 2504 | 3-bed | 2,146 sqft | AED 1.97MAED 1,970,345 · Dec 2012December 2012 | 215,065 /yr | |
| 2505 | 2-bed | 1,617 sqft | AED 1.54MAED 1,536,849 · Dec 2012December 2012 |
2506, 23 Marina Tower in numbers
- Sold 4 times: first on 13 August 2009 for AED 1,905,000, last on 13 March 2023 for AED 2,200,000 (AED 1,017 per sqft).
- Rented since August 2014 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2020 and recovered to AED 175,000 by November 2022.
- At AED 175,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 13 March 2023.
Questions about 2506, 23 Marina Tower
What did unit 2506 last sell for?
AED 2,200,000 on 13 March 2023: AED 1,017 per sqft for 2,161 sqft. The unit has 4 registered sales; the first was AED 1,905,000 in August 2009.
What is the rent for unit 2506?
AED 175,000 a year on the contract signed on 4 November 2022. The previous contract, from August 2020, was AED 105,000; the unit has been rented since August 2014.
How big is unit 2506?
2,161 sqft (200.8 sqm): an apartment on the 25th floor of a 88-storey tower completed in 2012.
What is unit 2506 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 2506, 23 Marina Tower
Starts from the last sale price (AED 2.2M, 13 March 2023). 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 →