3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 58th floor · completed 2012

5803, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5803 · DLD and Ejari recordsUpdated 5 February 2025
Last soldAED 2.71M25 December 2012
Current rentAED 280K /yr5 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5803, 23 Marina Tower

What is 5803 worth today?

Last sold for AED 2,714,650 in 2012

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5 Feb 2025RentedNew contract
AED 280,000/yr12 months · AED 94 per sqft
20 Sep 2023RentedNew contract
AED 240,000/yr12 months · AED 80 per sqft
1 Feb 2022RentedRenewal
AED 152,250/yr12 months · AED 51 per sqft
1 Feb 2021RentedNew contract
AED 145,000/yr12 months · AED 49 per sqft
13 Dec 2020RentedRenewal
AED 180,000/yr1 months · AED 60 per sqft
13 Feb 2020RentedRenewal
AED 180,000/yr10 months · AED 60 per sqft
13 Sep 2019RentedRenewal
AED 190,001/yr5 months · AED 64 per sqft
13 Sep 2018RentedNew contract
AED 190,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 5 February 2025.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
58th of 88
Parking
P2-69,70
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.71M · December 2012

About 5803, 23 Marina Tower

5803 is a three-bedroom apartment of 2,980 sqft on the 58th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 25 December 2012 for AED 2,714,650, or AED 911 per sqft, in line with the AED 906 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 5 February 2025, is AED 280,000 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5803 over time

Sales
Unit 5803, 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 2,714,650 (AED 911 per sqft)Sold, December 2012: AED 2,714,650 (AED 911 per sqft)

5803 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5803, 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, March 2013: AED 200,000 a yearNew contract, March 2014: AED 220,000 a yearRenewal, March 2016: AED 264,000 a yearNew contract, August 2017: AED 190,000 a yearNew contract, September 2018: AED 190,000 a yearRenewal, September 2019: AED 190,001 a yearRenewal, February 2020: AED 180,000 a yearRenewal, December 2020: AED 180,000 a yearNew contract, February 2021: AED 145,000 a yearRenewal, February 2022: AED 152,250 a yearNew contract, September 2023: AED 240,000 a yearNew contract, February 2025: AED 280,000 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 5803 sits

All 182 3-beds →

5803 last sold in December 2012 at AED 911 per sqft, in line with what three-beds in 23 Marina Tower were fetching at the time (AED 906). 5803's AED 280,000 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 58th floor

All 289 units in 23 Marina Tower
Value
58013-bedAED 5.4M · Apr 2015
58023-bedAED 4.1M · Jan 2023
58043-bedAED 3.75M · Oct 2022

5803, 23 Marina Tower in numbers

  • Sold twice: first on 23 July 2009 for AED 2,714,650, last on 25 December 2012 for AED 2,714,650 (AED 911 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 145,000 in 2021 and recovered to AED 280,000 by February 2025.
  • At AED 280,000 a year the gross yield on the 2012 price is 10.3%, before a service charge of about AED 57,400 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 5 February 2025.

Questions about 5803, 23 Marina Tower

What did unit 5803 last sell for?

AED 2,714,650 on 25 December 2012: AED 911 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,714,650 in July 2009.

What is the rent for unit 5803?

AED 280,000 a year on the contract signed on 5 February 2025. The previous contract, from September 2023, was AED 240,000; the unit has been rented since March 2013.

How big is unit 5803?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 58th floor of a 88-storey tower completed in 2012.

What is unit 5803 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 5803, 23 Marina Tower

Starts from the last sale price (AED 2.71M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,714,650
Deposit, UAE resident (20%)
AED 542,930
Deposit, non-resident (40%)
AED 1,085,860
Monthly over 25 years at 3.7%
AED 11,106

Plus AED 119,025 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →