3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 28th floor · completed 2012

2801, 23 Marina Tower

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 18 May 2024
Last soldAED 876K25 March 2013
Current rentAED 200K /yr18 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, 23 Marina Tower

What is 2801 worth today?

Last sold for AED 875,708 in 2013

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18 May 2024RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
29 Apr 2023RentedRenewal
AED 136,500/yr12 months · AED 63 per sqft
29 Apr 2022RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
29 Apr 2021RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
27 Apr 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
23 Apr 2018RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
15 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
15 Apr 2016RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 18 May 2024.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
28th of 88
Parking
B3-5,6
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 876K · March 2013

About 2801, 23 Marina Tower

2801 is a three-bedroom apartment of 2,161 sqft on the 28th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. The developer sold it on 25 March 2013 for AED 875,708, or AED 405 per sqft, 56% below the AED 911 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 18 May 2024, is AED 200,000 a year: a gross yield of 22.8% on the 2013 price, before the service charge of about AED 41,600 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, 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 2013: AED 875,708 (AED 405 per sqft)

2801 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2801, 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, March 2013: AED 190,000 a yearRenewal, March 2014: AED 201,400 a yearNew contract, June 2015: AED 185,000 a yearNew contract, April 2016: AED 185,000 a yearRenewal, April 2017: AED 180,000 a yearNew contract, April 2018: AED 160,000 a yearNew contract, April 2019: AED 150,000 a yearNew contract, April 2021: AED 130,000 a yearNew contract, April 2022: AED 130,000 a yearRenewal, April 2023: AED 136,500 a yearNew contract, May 2024: AED 200,000 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 2801 sits

All 182 3-beds →

2801 last sold in March 2013 at AED 405 per sqft, 56% below what three-beds in 23 Marina Tower were fetching at the time (AED 911). 2801's AED 200,000 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 28th floor

All 289 units in 23 Marina Tower
Value
28022-bedAED 1.58M · Dec 2012
28033-bedAED 2.4M · Jun 2016
28043-bedAED 1.25M · Nov 2012
28052-bedAED 1.62M · Dec 2012
28063-bedAED 2.13M · Dec 2012

2801, 23 Marina Tower in numbers

  • Sold once: by Hircon International on 25 March 2013 for AED 875,708, or AED 405 per sqft.
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 190,000 to AED 130,000 in 2022 and recovered to AED 200,000 by May 2024.
  • At AED 200,000 a year the gross yield on the 2013 price is 22.8%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 18 May 2024.

Questions about 2801, 23 Marina Tower

What did unit 2801 last sell for?

AED 875,708 on 25 March 2013, sold by the developer: AED 405 per sqft for 2,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 2801?

AED 200,000 a year on the contract signed on 18 May 2024. The previous contract, from April 2023, was AED 136,500; the unit has been rented since March 2013.

How big is unit 2801?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 28th floor of a 88-storey tower completed in 2012.

What is unit 2801 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 2801, 23 Marina Tower

Starts from the last sale price (AED 876K, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 875,708
Deposit, UAE resident (20%)
AED 175,142
Deposit, non-resident (40%)
AED 350,283
Monthly over 25 years at 3.7%
AED 3,583

Plus AED 41,789 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →