3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 45th floor · completed 2012

4502, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 2.39M24 December 2012
Current rentAED 240K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, 23 Marina Tower

What is 4502 worth today?

Last sold for AED 2,390,743 in 2012

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7 Apr 2025RentedRenewal
AED 240,000/yr12 months · AED 81 per sqft
7 Apr 2024RentedRenewal
AED 240,000/yr12 months · AED 81 per sqft
7 Apr 2023RentedNew contract
AED 240,000/yr12 months · AED 81 per sqft
27 Nov 2022RentedNew contract
AED 201,000/yr4 months · AED 67 per sqft
27 Nov 2021RentedNew contract
AED 200,000/yr12 months · AED 67 per sqft
15 Feb 2019RentedNew contract
AED 190,000/yr12 months · AED 64 per sqft
1 Feb 2014RentedNew contract
AED 199,407/yr12 months · AED 67 per sqft
24 Dec 2012SoldReady
AED 2,390,743AED 802 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
45th of 88
Parking
B1-79,80
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.39M · December 2012

About 4502, 23 Marina Tower

4502 is a three-bedroom apartment of 2,980 sqft on the 45th 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 2,390,743, or AED 802 per sqft, 10% below the AED 890 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 7 April 2025, is AED 240,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, 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 2012: AED 2,390,743 (AED 802 per sqft)Sold, December 2012: AED 2,390,743 (AED 802 per sqft)

4502 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4502, 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 2014: AED 199,407 a yearNew contract, February 2019: AED 190,000 a yearNew contract, November 2021: AED 200,000 a yearNew contract, November 2022: AED 201,000 a yearNew contract, April 2023: AED 240,000 a yearRenewal, April 2024: AED 240,000 a yearRenewal, April 2025: AED 240,000 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 4502 sits

All 182 3-beds →

4502 last sold in December 2012 at AED 802 per sqft, 10% below what three-beds in 23 Marina Tower were fetching at the time (AED 890). 4502's AED 240,000 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 45th floor

All 289 units in 23 Marina Tower
Value
45013-bedAED 5.25M · Jul 2025
45033-bedAED 4.15M · Jun 2024
45043-bedAED 4.43M · Sep 2014

4502, 23 Marina Tower in numbers

  • Sold twice: first on 4 July 2012 for AED 2,390,743, last on 24 December 2012 for AED 2,390,743 (AED 802 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 199,407 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2012 price is 10.0%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.

Questions about 4502, 23 Marina Tower

What did unit 4502 last sell for?

AED 2,390,743 on 24 December 2012: AED 802 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,390,743 in July 2012.

What is the rent for unit 4502?

AED 240,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2024, was AED 240,000; the unit has been rented since February 2014.

How big is unit 4502?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 45th floor of a 88-storey tower completed in 2012.

What is unit 4502 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 4502, 23 Marina Tower

Starts from the last sale price (AED 2.39M, 24 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,390,743
Deposit, UAE resident (20%)
AED 478,149
Deposit, non-resident (40%)
AED 956,297
Monthly over 25 years at 3.7%
AED 9,781

Plus AED 105,421 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →