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

5202, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5202 · DLD and Ejari recordsUpdated 26 October 2020
Last soldAED 1.95M26 October 2020
Current rentAED 155K /yr25 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5202, 23 Marina Tower

What is 5202 worth today?

Last sold for AED 1,950,000 in 2020

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26 Oct 2020SoldReady
AED 1,950,000AED 654 per sqft
25 Jun 2020RentedRenewal
AED 155,000/yr12 months · AED 52 per sqft
25 Jun 2019RentedRenewal
AED 195,000/yr12 months · AED 65 per sqft
25 Jun 2018RentedRenewal
AED 195,000/yr12 months · AED 65 per sqft
25 Jun 2017RentedNew contract
AED 200,000/yr12 months · AED 67 per sqft
7 Feb 2016RentedNew contract
AED 240,000/yr12 months · AED 80 per sqft
12 Jan 2015RentedNew contract
AED 280,000/yr12 months · AED 94 per sqft
4 Aug 2013RentedNew contract
AED 174,506/yr11 months · AED 59 per sqft

Source: Dubai Land Department. Updated 26 October 2020.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
52nd of 88
Parking
B1-29,30
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 1.95M · October 2020
Building
23 Marina Tower

About 5202, 23 Marina Tower

5202 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 October 2020 for AED 1,950,000, or AED 654 per sqft, 5% above the AED 624 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 25 June 2020, is AED 155,000 a year: a gross yield of 8.0% on the 2020 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5202 over time

Sales
Unit 5202, 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 2009: AED 2,683,793 (AED 900 per sqft)Sold, December 2012: AED 2,683,793 (AED 900 per sqft)Sold, October 2020: AED 1,950,000 (AED 654 per sqft)

5202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5202, each contractTypical three-bed in 23 Marina Tower
200K300K2012201620202024Typical 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, August 2012: AED 160,000 a yearNew contract, August 2013: AED 174,506 a yearNew contract, January 2015: AED 280,000 a yearNew contract, February 2016: AED 240,000 a yearNew contract, June 2017: AED 200,000 a yearRenewal, June 2018: AED 195,000 a yearRenewal, June 2019: AED 195,000 a yearRenewal, June 2020: AED 155,000 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 5202 sits

All 182 3-beds →

5202 last sold in October 2020 at AED 654 per sqft, 5% above what three-beds in 23 Marina Tower were fetching at the time (AED 624). 5202's AED 155,000 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
52013-bedAED 3.55M · Sep 2022
52033-bedAED 3.36M · Apr 2013
52043-bedAED 3.49M · Jun 2023

5202, 23 Marina Tower in numbers

  • Sold 3 times: first on 20 July 2009 for AED 2,683,793, last on 26 October 2020 for AED 1,950,000 (AED 654 per sqft).
  • Rented since August 2012 on 8 Ejari contracts, from AED 160,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2020 price is 8.0%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 26 October 2020.

Questions about 5202, 23 Marina Tower

What did unit 5202 last sell for?

AED 1,950,000 on 26 October 2020: AED 654 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,683,793 in July 2009.

What is the rent for unit 5202?

AED 155,000 a year on the contract renewed on 25 June 2020. The previous contract, from June 2019, was AED 195,000; the unit has been rented since August 2012.

How big is unit 5202?

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 5202 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 5202, 23 Marina Tower

Starts from the last sale price (AED 1.95M, 26 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →