2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 31st floor · completed 2012

3105, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3105 · DLD and Ejari recordsUpdated 16 January 2023
Last soldAED 1.46M10 December 2012
Current rentAED 125K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3105, 23 Marina Tower

What is 3105 worth today?

Last sold for AED 1,460,405 in 2012

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16 Jan 2023RentedNew contract
AED 125,000/yr12 months · AED 77 per sqft
10 Jan 2022RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
10 Jan 2021RentedNew contract
AED 88,000/yr12 months · AED 55 per sqft
20 Feb 2019RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
31 Aug 2018RentedNew contract
AED 127,000/yr12 months · AED 79 per sqft
19 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 111 per sqft
10 Dec 2012SoldReady
AED 1,460,405AED 903 per sqft
30 Mar 2010Sold by developerOff-plan
AED 1,442,930AED 892 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
31st of 88
Parking
G-40
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.46M · December 2012

About 3105, 23 Marina Tower

3105 is a two-bedroom apartment of 1,617 sqft on the 31st floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 10 December 2012 for AED 1,460,405, or AED 903 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 16 January 2023, is AED 125,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 31,100 a year.

Sales and rents for 3105 over time

Sales
Unit 3105, each saleTypical two-bed in 23 Marina Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 1,536,849; 2010 AED 1,404,509; 2012 AED 1,502,697; 2013 AED 1,408,778; 2014 AED 2,400,000; 2016 AED 1,985,000; 2018 AED 1,950,000; 2020 AED 1,150,000; 2021 AED 1,250,000; 2023 AED 1,787,500Sold by developer, March 2010: AED 1,442,930 (AED 892 per sqft)Sold, December 2012: AED 1,460,405 (AED 903 per sqft)

3105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3105, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 132,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 128,500; 2019 AED 119,669; 2020 AED 100,000; 2021 AED 93,500; 2022 AED 105,000; 2023 AED 123,000; 2024 AED 140,000; 2025 AED 150,000New contract, April 2015: AED 180,000 a yearNew contract, August 2018: AED 127,000 a yearNew contract, February 2019: AED 120,000 a yearNew contract, January 2021: AED 88,000 a yearRenewal, January 2022: AED 105,000 a yearNew contract, January 2023: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 23 Marina Tower, and where 3105 sits

All 46 2-beds →

3105 last sold in December 2012 at AED 903 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 929). 3105's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20252,438,815
17 Dec 20242,200,000
4 Jun 20242,010,000
21 Dec 20232,325,000
0 2-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 31st floor

All 289 units in 23 Marina Tower
Value
31013-bedAED 2.1M · Jan 2023
31022-bedAED 1.55M · Jan 2013
31033-bedAED 1.81M · Dec 2012
31043-bedAED 1.81M · Dec 2012
31063-bedAED 1.43M · Jan 2021

3105, 23 Marina Tower in numbers

  • Sold twice: first on 30 March 2010 for AED 1,442,930, last on 10 December 2012 for AED 1,460,405 (AED 903 per sqft).
  • Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 88,000 in 2021 and recovered to AED 125,000 by January 2023.
  • At AED 125,000 a year the gross yield on the 2012 price is 8.6%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 16 January 2023.

Questions about 3105, 23 Marina Tower

What did unit 3105 last sell for?

AED 1,460,405 on 10 December 2012: AED 903 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,442,930 in March 2010.

What is the rent for unit 3105?

AED 125,000 a year on the contract signed on 16 January 2023. The previous contract, from January 2022, was AED 105,000; the unit has been rented since April 2015.

How big is unit 3105?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 31st floor of a 88-storey tower completed in 2012.

What is unit 3105 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 3105, 23 Marina Tower

Starts from the last sale price (AED 1.46M, 10 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,405
Deposit, UAE resident (20%)
AED 292,081
Deposit, non-resident (40%)
AED 584,162
Monthly over 25 years at 3.7%
AED 5,975

Plus AED 66,347 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →