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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 42nd floor · completed 2012

4203, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in February 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4203 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.05M28 February 2018
Current rentAED 260K /yr4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4203, 23 Marina Tower

What is 4203 worth today?

Last sold for AED 3,050,000 in 2018

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4 Jul 2024RentedNew contract
AED 260,000/yr12 months · AED 87 per sqft
4 Jul 2023RentedRenewal
AED 245,000/yr12 months · AED 82 per sqft
1 Jul 2021RentedRenewal
AED 158,000/yr12 months · AED 53 per sqft
1 Jul 2020RentedRenewal
AED 127,500/yr12 months · AED 43 per sqft
1 Jul 2019RentedNew contract
AED 165,000/yr12 months · AED 55 per sqft
1 Jul 2018RentedNew contract
AED 195,000/yr12 months · AED 65 per sqft
28 Feb 2018SoldReady
AED 3,050,000AED 1,023 per sqft
23 Mar 2017RentedRenewal
AED 196,206/yr8 months · AED 66 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
42nd of 88
Parking
B2-11,12
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.05M · February 2018
Building
23 Marina Tower

About 4203, 23 Marina Tower

4203 is a three-bedroom apartment of 2,980 sqft on the 42nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 28 February 2018 for AED 3,050,000, or AED 1,023 per sqft, in line with the AED 1,023 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 4 July 2024, is AED 260,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4203 over time

Sales
Unit 4203, 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, May 2009: AED 3,701,796 (AED 1,242 per sqft)Sold, January 2013: AED 3,701,796 (AED 1,242 per sqft)Sold, February 2018: AED 3,050,000 (AED 1,023 per sqft)

4203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4203, 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, May 2012: AED 180,000 a yearRenewal, May 2013: AED 180,000 a yearNew contract, May 2013: AED 180,000 a yearNew contract, May 2014: AED 180,000 a yearRenewal, May 2015: AED 190,000 a yearNew contract, March 2016: AED 195,000 a yearRenewal, March 2017: AED 196,206 a yearNew contract, July 2018: AED 195,000 a yearNew contract, July 2019: AED 165,000 a yearRenewal, July 2020: AED 127,500 a yearRenewal, July 2021: AED 158,000 a yearRenewal, July 2023: AED 245,000 a yearNew contract, July 2024: AED 260,000 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 4203 sits

All 182 3-beds →

4203 last sold in February 2018 at AED 1,023 per sqft, in line with what three-beds in 23 Marina Tower were fetching at the time (AED 1,023). 4203's AED 260,000 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 42nd floor

All 289 units in 23 Marina Tower
Value
42013-bedAED 4.5M · Jun 2025
42023-bedAED 2.9M · Mar 2013
4204AED 2M · May 2019

4203, 23 Marina Tower in numbers

  • Sold 3 times: first on 31 May 2009 for AED 3,701,796, last on 28 February 2018 for AED 3,050,000 (AED 1,023 per sqft).
  • Rented since May 2012 on 13 Ejari contracts. The rent fell from AED 180,000 to AED 127,500 in 2020 and recovered to AED 260,000 by July 2024.
  • At AED 260,000 a year the gross yield on the 2018 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 4 July 2024.

Questions about 4203, 23 Marina Tower

What did unit 4203 last sell for?

AED 3,050,000 on 28 February 2018: AED 1,023 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 3,701,796 in May 2009.

What is the rent for unit 4203?

AED 260,000 a year on the contract signed on 4 July 2024. The previous contract, from July 2023, was AED 245,000; the unit has been rented since May 2012.

How big is unit 4203?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 42nd floor of a 88-storey tower completed in 2012.

What is unit 4203 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 4203, 23 Marina Tower

Starts from the last sale price (AED 3.05M, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →