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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 52nd floor · completed 2012

5201, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5201 · DLD and Ejari recordsUpdated 19 November 2022
Last soldAED 3.55M26 September 2022
Current rentAED 160K /yr19 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5201, 23 Marina Tower

What is 5201 worth today?

Last sold for AED 3,550,000 in 2022

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19 Nov 2022RentedRenewal
AED 160,000/yr6 months · AED 54 per sqft
26 Sep 2022SoldReady
AED 3,550,000AED 1,191 per sqft
19 Nov 2021RentedRenewal
AED 160,000/yr12 months · AED 54 per sqft
8 Nov 2019RentedNew contract
AED 160,000/yr12 months · AED 54 per sqft
1 Jul 2018RentedNew contract
AED 212,500/yr12 months · AED 71 per sqft
21 Jun 2017RentedNew contract
AED 235,000/yr12 months · AED 79 per sqft
1 Jun 2016RentedNew contract
AED 250,000/yr12 months · AED 84 per sqft
25 Dec 2012SoldReady
AED 2,930,579AED 983 per sqft

Source: Dubai Land Department. Updated 19 November 2022.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
52nd of 88
Parking
B1-31,32
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.55M · September 2022
Building
23 Marina Tower

About 5201, 23 Marina Tower

5201 is a three-bedroom apartment of 2,980 sqft on the 52nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 26 September 2022 for AED 3,550,000, or AED 1,191 per sqft, 24% above the AED 961 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 19 November 2022, is AED 160,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5201 over time

Sales
Unit 5201, 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, August 2009: AED 2,930,579 (AED 983 per sqft)Sold, December 2012: AED 2,930,579 (AED 983 per sqft)Sold, September 2022: AED 3,550,000 (AED 1,191 per sqft)

5201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5201, 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 250,000 a yearNew contract, June 2016: AED 250,000 a yearNew contract, June 2017: AED 235,000 a yearNew contract, July 2018: AED 212,500 a yearNew contract, November 2019: AED 160,000 a yearRenewal, November 2021: AED 160,000 a yearRenewal, November 2022: AED 160,000 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 5201 sits

All 182 3-beds →

5201 last sold in September 2022 at AED 1,191 per sqft, 24% above what three-beds in 23 Marina Tower were fetching at the time (AED 961). 5201's AED 160,000 is at the bottom 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 52nd floor

All 289 units in 23 Marina Tower
Value
52023-bedAED 1.95M · Oct 2020
52033-bedAED 3.36M · Apr 2013
52043-bedAED 3.49M · Jun 2023

5201, 23 Marina Tower in numbers

  • Sold 3 times: first on 18 August 2009 for AED 2,930,579, last on 26 September 2022 for AED 3,550,000 (AED 1,191 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 250,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 19 November 2022.

Questions about 5201, 23 Marina Tower

What did unit 5201 last sell for?

AED 3,550,000 on 26 September 2022: AED 1,191 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,930,579 in August 2009.

What is the rent for unit 5201?

AED 160,000 a year on the contract renewed on 19 November 2022. The previous contract, from November 2021, was AED 160,000; the unit has been rented since May 2012.

How big is unit 5201?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 52nd floor of a 88-storey tower completed in 2012.

What is unit 5201 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 5201, 23 Marina Tower

Starts from the last sale price (AED 3.55M, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

Plus AED 154,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →