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

4503, 23 Marina Tower

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4503 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 4.15M4 June 2024
Current rentAED 270K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4503, 23 Marina Tower

What is 4503 worth today?

Last sold for AED 4,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Sep 2024RentedNew contract
AED 270,000/yr12 months · AED 91 per sqft
4 Jun 2024SoldReady
AED 4,150,000AED 1,392 per sqft
1 Jan 2023RentedRenewal
AED 148,840/yr12 months · AED 50 per sqft
1 Jan 2022RentedRenewal
AED 141,750/yr12 months · AED 48 per sqft
1 Jan 2019RentedNew contract
AED 160,000/yr12 months · AED 54 per sqft
1 Jul 2013SoldReady
AED 3,825,000AED 1,283 per sqft
1 May 2013RentedNew contract
AED 210,000/yr12 months · AED 70 per sqft
27 Nov 2012SoldReady
AED 2,776,347AED 931 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
45th of 88
Parking
P1-15,24
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 4.15M · June 2024

About 4503, 23 Marina Tower

4503 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 4 June 2024 for AED 4,150,000, or AED 1,392 per sqft, 8% above the AED 1,289 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 16 September 2024, is AED 270,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4503 over time

Sales
Unit 4503, each saleTypical three-bed in 23 Marina Tower
2M4M2007201220172022Typical 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 2007: AED 2,776,347 (AED 931 per sqft)Sold, June 2010: AED 2,082,375 (AED 698 per sqft)Sold, November 2012: AED 2,776,347 (AED 931 per sqft)Sold, July 2013: AED 3,825,000 (AED 1,283 per sqft)Sold, June 2024: AED 4,150,000 (AED 1,392 per sqft)

4503 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4503, 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 2013: AED 210,000 a yearNew contract, January 2019: AED 160,000 a yearRenewal, January 2022: AED 141,750 a yearRenewal, January 2023: AED 148,840 a yearNew contract, September 2024: AED 270,000 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 4503 sits

All 182 3-beds →

4503 last sold in June 2024 at AED 1,392 per sqft, 8% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,289). 4503's AED 270,000 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
45023-bedAED 2.39M · Dec 2012
45043-bedAED 4.43M · Sep 2014

4503, 23 Marina Tower in numbers

  • Sold 5 times: first on 2 July 2007 for AED 2,776,347, last on 4 June 2024 for AED 4,150,000 (AED 1,392 per sqft).
  • Rented since May 2013 on 5 Ejari contracts. The rent fell from AED 210,000 to AED 141,750 in 2022 and recovered to AED 270,000 by September 2024.
  • At AED 270,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 16 September 2024.

Questions about 4503, 23 Marina Tower

What did unit 4503 last sell for?

AED 4,150,000 on 4 June 2024: AED 1,392 per sqft for 2,980 sqft. The unit has 5 registered sales; the first was AED 2,776,347 in July 2007.

What is the rent for unit 4503?

AED 270,000 a year on the contract signed on 16 September 2024. The previous contract, from January 2023, was AED 148,840; the unit has been rented since May 2013.

How big is unit 4503?

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 4503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 4503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4503, 23 Marina Tower

Starts from the last sale price (AED 4.15M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

Plus AED 179,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →