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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 36th floor · completed 2012

3603, 23 Marina Tower

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 2.9M13 December 2012
Current rentAED 245K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3603, 23 Marina Tower

What is 3603 worth today?

Last sold for AED 2,900,000 in 2012

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25 Apr 2024RentedNew contract
AED 245,000/yr24 months · AED 82 per sqft
1 Nov 2023RentedRenewal
AED 273,000/yr3 months · AED 92 per sqft
1 Nov 2023RentedRenewal
AED 273,000/yr3 months · AED 92 per sqft
1 Nov 2022RentedNew contract
AED 260,000/yr12 months · AED 87 per sqft
13 Dec 2012Sold by developerReady
AED 2,900,000AED 973 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
36th of 88
Parking
B2-55,56
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.9M · December 2012
Building
23 Marina Tower

About 3603, 23 Marina Tower

3603 is a three-bedroom apartment of 2,980 sqft on the 36th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. The developer sold it on 13 December 2012 for AED 2,900,000, or AED 973 per sqft, 9% above the AED 891 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 April 2024, is AED 245,000 a year: a gross yield of 8.5% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, 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, December 2012: AED 2,900,000 (AED 973 per sqft)

3603 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3603, 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, November 2022: AED 260,000 a yearRenewal, November 2023: AED 273,000 a yearRenewal, November 2023: AED 273,000 a yearNew contract, April 2024: AED 245,000 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 3603 sits

All 182 3-beds →

3603 last sold in December 2012 at AED 973 per sqft, 9% above what three-beds in 23 Marina Tower were fetching at the time (AED 891). 3603's AED 245,000 is in the upper 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 36th floor

All 289 units in 23 Marina Tower
Value
36013-bedAED 2.81M · Mar 2013
36023-bedAED 2.7M · Jan 2013
36043-bedAED 4.63M · Dec 2012

3603, 23 Marina Tower in numbers

  • Sold once: by Hircon International on 13 December 2012 for AED 2,900,000, or AED 973 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 260,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2012 price is 8.5%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 25 April 2024.

Questions about 3603, 23 Marina Tower

What did unit 3603 last sell for?

AED 2,900,000 on 13 December 2012, sold by the developer: AED 973 per sqft for 2,980 sqft. It is the only registered sale of the unit.

What is the rent for unit 3603?

AED 245,000 a year on the contract signed on 25 April 2024. The previous contract, from November 2023, was AED 273,000; the unit has been rented since November 2022.

How big is unit 3603?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 36th floor of a 88-storey tower completed in 2012.

What is unit 3603 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 3603, 23 Marina Tower

Starts from the last sale price (AED 2.9M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →