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3-bed · 1,490 sqft23 Marina Tower, Dubai Marina · 53rd floor · completed 2012

5302, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5302 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 3.6M28 November 2022
Current rentAED 155K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5302, 23 Marina Tower

What is 5302 worth today?

Last sold for AED 3,600,000 in 2022

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28 Nov 2022SoldReady
AED 3,600,000AED 1,208 per sqft
15 Jan 2022RentedRenewal
AED 155,000/yr12 months · AED 52 per sqft
15 Jan 2021RentedRenewal
AED 155,000/yr12 months · AED 52 per sqft
15 Jan 2020RentedNew contract
AED 175,000/yr12 months · AED 59 per sqft
9 Jan 2018RentedNew contract
AED 206,064/yr11 months · AED 69 per sqft
19 May 2016RentedNew contract
AED 230,000/yr12 months · AED 77 per sqft
1 Jan 2016RentedRenewal
AED 270,000/yr8 months · AED 91 per sqft
21 Oct 2014RentedNew contract
AED 239,564/yr14 months · AED 80 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
3-bed apartment
Size
1,490 sqft
Floor
53rd of 88
Parking
B1-21,22
Developer
Hircon International
Completed
2012
Service charge
AED 28,700 /yr
Last sold
AED 3.6M · November 2022
Building
23 Marina Tower

About 5302, 23 Marina Tower

5302 is a three-bedroom apartment of 1,490 sqft on the 53rd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 28 November 2022 for AED 3,600,000, or AED 1,208 per sqft, 24% above the AED 973 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 155,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 28,700 a year.

Sales and rents for 5302 over time

Sales
Unit 5302, 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 2,622,106 (AED 879 per sqft)Sold, December 2012: AED 2,622,106 (AED 879 per sqft)Sold, November 2022: AED 3,600,000 (AED 1,208 per sqft)

5302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5302, 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, October 2013: AED 240,000 a yearNew contract, October 2014: AED 239,564 a yearRenewal, January 2016: AED 270,000 a yearNew contract, May 2016: AED 230,000 a yearNew contract, January 2018: AED 206,064 a yearNew contract, January 2020: AED 175,000 a yearRenewal, January 2021: AED 155,000 a yearRenewal, January 2022: 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 5302 sits

All 182 3-beds →

5302 last sold in November 2022 at AED 1,208 per sqft, 24% above what three-beds in 23 Marina Tower were fetching at the time (AED 973). 5302'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 53rd floor

All 289 units in 23 Marina Tower
Value
53013-bedAED 4M · Nov 2023
53033-bedAED 4.23M · Feb 2025
53043-bedAED 2.58M · Jul 2019

5302, 23 Marina Tower in numbers

  • Sold 3 times: first on 21 July 2009 for AED 2,622,106, last on 28 November 2022 for AED 3,600,000 (AED 1,208 per sqft).
  • Rented since October 2013 on 8 Ejari contracts, from AED 240,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 28,700 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 28 November 2022.

Questions about 5302, 23 Marina Tower

What did unit 5302 last sell for?

AED 3,600,000 on 28 November 2022: AED 1,208 per sqft for 1,490 sqft. The unit has 3 registered sales; the first was AED 2,622,106 in July 2009.

What is the rent for unit 5302?

AED 155,000 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 155,000; the unit has been rented since October 2013.

How big is unit 5302?

1,490 sqft (138.4 sqm): a three-bedroom apartment on the 53rd floor of a 88-storey tower completed in 2012.

What is unit 5302 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 5302, 23 Marina Tower

Starts from the last sale price (AED 3.6M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →