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3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 27th floor · completed 2012

2706, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 1.81M24 December 2012
Current rentAED 135K /yr25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2706, 23 Marina Tower

What is 2706 worth today?

Last sold for AED 1,806,148 in 2012

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25 Feb 2020RentedNew contract
AED 135,000/yr13 months · AED 62 per sqft
24 Dec 2012SoldReady
AED 1,806,148AED 835 per sqft
9 Jul 2009Sold by developerOff-plan
AED 1,806,148AED 835 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
27th of 88
Parking
B3-7,8
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.81M · December 2012
Building
23 Marina Tower

About 2706, 23 Marina Tower

2706 is a three-bedroom apartment of 2,161 sqft on the 27th 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 1,806,148, or AED 835 per sqft, 6% below the AED 890 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2020. The current contract, signed on 25 February 2020, is AED 135,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 41,600 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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 1,806,148 (AED 835 per sqft)Sold, December 2012: AED 1,806,148 (AED 835 per sqft)

2706 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2706, 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, February 2020: AED 135,000 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 2706 sits

All 182 3-beds →

2706 last sold in December 2012 at AED 835 per sqft, 6% below what three-beds in 23 Marina Tower were fetching at the time (AED 890). 2706's AED 135,000 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 27th floor

All 289 units in 23 Marina Tower
Value
27013-bedAED 2.05M · Jun 2022
27022-bedAED 1.41M · Dec 2012
27033-bedAED 2M · Mar 2019
27043-bedAED 1.77M · Dec 2012
27052-bedAED 1.41M · Dec 2012

2706, 23 Marina Tower in numbers

  • Sold twice: first on 9 July 2009 for AED 1,806,148, last on 24 December 2012 for AED 1,806,148 (AED 835 per sqft).
  • Rented since February 2020 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 25 February 2020.

Questions about 2706, 23 Marina Tower

What did unit 2706 last sell for?

AED 1,806,148 on 24 December 2012: AED 835 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,806,148 in July 2009.

What is the rent for unit 2706?

AED 135,000 a year on the contract signed on 25 February 2020.

How big is unit 2706?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 27th floor of a 88-storey tower completed in 2012.

What is unit 2706 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 2706, 23 Marina Tower

Starts from the last sale price (AED 1.81M, 24 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,806,148
Deposit, UAE resident (20%)
AED 361,230
Deposit, non-resident (40%)
AED 722,459
Monthly over 25 years at 3.7%
AED 7,390

Plus AED 80,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →