4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 70th floor · completed 2012

7004, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7004 · DLD and Ejari recordsUpdated 2 January 2023
Last soldAED 7.8M2 January 2023
Current rentAED 291K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7004, 23 Marina Tower

What is 7004 worth today?

Last sold for AED 7,800,000 in 2023

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2 Jan 2023SoldReady
AED 7,800,000AED 1,381 per sqft
20 Dec 2021RentedRenewal
AED 291,000/yr12 months · AED 52 per sqft
8 Aug 2019RentedRenewal
AED 335,000/yr12 months · AED 59 per sqft
8 Aug 2018RentedRenewal
AED 350,000/yr12 months · AED 62 per sqft
1 Aug 2017RentedNew contract
AED 402,427/yr12 months · AED 71 per sqft
1 Aug 2016RentedNew contract
AED 425,000/yr12 months · AED 75 per sqft
10 May 2015RentedNew contract
AED 425,000/yr12 months · AED 75 per sqft
10 Mar 2015SoldReady
AED 8,050,000AED 1,426 per sqft

Source: Dubai Land Department. Updated 2 January 2023.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
70th of 88
Parking
P2-63,64,65
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 7.8M · January 2023

About 7004, 23 Marina Tower

7004 is a four-bedroom apartment of 5,645 sqft on the 70th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 2 January 2023 for AED 7,800,000, or AED 1,381 per sqft, 6% above the AED 1,302 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 291,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 108,700 a year.

Sales and rents for 7004 over time

Sales
Unit 7004, each saleTypical four-bed in 23 Marina Tower
5M10M2009201420192024Typical sale price by year: 2009 AED 5,775,750; 2012 AED 5,655,698; 2013 AED 6,939,854; 2014 AED 9,800,000; 2015 AED 8,212,420; 2021 AED 6,500,000; 2022 AED 7,300,000; 2023 AED 8,200,000; 2025 AED 12,700,000Sold by developer, September 2009: AED 8,374,840 (AED 1,483 per sqft)Sold, March 2015: AED 8,050,000 (AED 1,426 per sqft)Sold, March 2015: AED 8,374,840 (AED 1,483 per sqft)Sold, January 2023: AED 7,800,000 (AED 1,381 per sqft)

7004 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 7004, each contractTypical four-bed in 23 Marina Tower
300K400K500K2012201620202024Typical rent by year: 2012 AED 350,000; 2013 AED 370,000; 2014 AED 425,000; 2015 AED 425,000; 2016 AED 400,000; 2017 AED 372,500; 2018 AED 350,000; 2019 AED 307,406; 2020 AED 275,000; 2021 AED 295,000; 2022 AED 354,300; 2023 AED 340,000; 2024 AED 462,000; 2025 AED 492,550New contract, May 2015: AED 425,000 a yearNew contract, August 2016: AED 425,000 a yearNew contract, August 2017: AED 402,427 a yearRenewal, August 2018: AED 350,000 a yearRenewal, August 2019: AED 335,000 a yearRenewal, December 2021: AED 291,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in 23 Marina Tower, and where 7004 sits

All 45 4-beds →

7004 last sold in January 2023 at AED 1,381 per sqft, 6% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,302).

Recent 4-bed salesUnit no.Price (AED)Summary
24 Jun 202512,400,000
18 Mar 202513,800,000
27 Jan 202513,000,000
6 Jan 202512,200,000
0 4-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 70th floor

All 289 units in 23 Marina Tower
Value
70014-bedAED 6.06M · Dec 2012
70024-bedAED 6.3M · Dec 2012
70034-bedAED 2.31M · Mar 2013

7004, 23 Marina Tower in numbers

  • Sold 4 times: first on 14 September 2009 for AED 8,374,840, last on 2 January 2023 for AED 7,800,000 (AED 1,381 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 425,000 to AED 291,000 a year.
  • At AED 291,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 108,700 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 2 January 2023.

Questions about 7004, 23 Marina Tower

What did unit 7004 last sell for?

AED 7,800,000 on 2 January 2023: AED 1,381 per sqft for 5,645 sqft. The unit has 4 registered sales; the first was AED 8,374,840 in September 2009.

What is the rent for unit 7004?

AED 291,000 a year on the contract renewed on 20 December 2021. The previous contract, from August 2019, was AED 335,000; the unit has been rented since May 2015.

How big is unit 7004?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 70th floor of a 88-storey tower completed in 2012.

What is unit 7004 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 7004, 23 Marina Tower

Starts from the last sale price (AED 7.8M, 2 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,800,000
Deposit, UAE resident (20%)
AED 1,560,000
Deposit, non-resident (40%)
AED 3,120,000
Monthly over 25 years at 3.7%
AED 31,912

Plus AED 332,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →