4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 72nd floor · completed 2012

7202, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7202 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 9M11 March 2014
Current rentAED 315K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7202, 23 Marina Tower

What is 7202 worth today?

Last sold for AED 9,000,000 in 2014

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15 Feb 2024RentedRenewal
AED 315,000/yr12 months · AED 56 per sqft
15 Feb 2023RentedRenewal
AED 300,000/yr12 months · AED 53 per sqft
15 Feb 2021RentedRenewal
AED 280,000/yr12 months · AED 50 per sqft
15 Feb 2019RentedRenewal
AED 330,000/yr12 months · AED 59 per sqft
15 Feb 2018RentedRenewal
AED 350,000/yr12 months · AED 62 per sqft
15 Feb 2017RentedNew contract
AED 375,000/yr12 months · AED 66 per sqft
25 May 2014RentedNew contract
AED 425,000/yr12 months · AED 75 per sqft
11 Mar 2014SoldReady
AED 9,000,000AED 1,594 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
72nd of 88
Parking
P2-56,57,58
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 9M · March 2014

About 7202, 23 Marina Tower

7202 is a four-bedroom apartment of 5,645 sqft on the 72nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 11 March 2014 for AED 9,000,000, or AED 1,594 per sqft, 8% above the AED 1,479 four-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 315,000 a year: a gross yield of 3.5% on the 2014 price, before the service charge of about AED 108,700 a year.

Sales and rents for 7202 over time

Sales
Unit 7202, 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, August 2009: AED 7,046,415 (AED 1,248 per sqft)Sold, December 2012: AED 7,046,415 (AED 1,248 per sqft)Sold, March 2014: AED 9,000,000 (AED 1,594 per sqft)

7202 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 7202, 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 2014: AED 425,000 a yearNew contract, February 2017: AED 375,000 a yearRenewal, February 2018: AED 350,000 a yearRenewal, February 2019: AED 330,000 a yearRenewal, February 2021: AED 280,000 a yearRenewal, February 2023: AED 300,000 a yearRenewal, February 2024: AED 315,000 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 7202 sits

All 45 4-beds →

7202 last sold in March 2014 at AED 1,594 per sqft, 8% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,479).

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 72nd floor

All 289 units in 23 Marina Tower
Value
72014-bedAED 5.78M · Dec 2012
72034-bedAED 7.15M · Dec 2016
72044-bedAED 7M · Jan 2013

7202, 23 Marina Tower in numbers

  • Sold 3 times: first on 3 August 2009 for AED 7,046,415, last on 11 March 2014 for AED 9,000,000 (AED 1,594 per sqft).
  • Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 425,000 to AED 280,000 in 2021 and recovered to AED 315,000 by February 2024.
  • At AED 315,000 a year the gross yield on the 2014 price is 3.5%, before a service charge of about AED 108,700 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 15 February 2024.

Questions about 7202, 23 Marina Tower

What did unit 7202 last sell for?

AED 9,000,000 on 11 March 2014: AED 1,594 per sqft for 5,645 sqft. The unit has 3 registered sales; the first was AED 7,046,415 in August 2009.

What is the rent for unit 7202?

AED 315,000 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 300,000; the unit has been rented since May 2014.

How big is unit 7202?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 72nd floor of a 88-storey tower completed in 2012.

What is unit 7202 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 7202, 23 Marina Tower

Starts from the last sale price (AED 9M, 11 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 9,000,000
Deposit, UAE resident (20%)
AED 1,800,000
Deposit, non-resident (40%)
AED 3,600,000
Monthly over 25 years at 3.7%
AED 36,822

Plus AED 383,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →