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4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 74th floor · completed 2012

7404, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7404 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 12.6M23 November 2023
Current rentAED 330K /yr3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7404, 23 Marina Tower

What is 7404 worth today?

Last sold for AED 12,600,000 in 2023

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23 Nov 2023SoldReady
AED 12,600,000AED 2,232 per sqft
3 Jul 2023RentedNew contract
AED 330,000/yr12 months · AED 59 per sqft
8 Aug 2020RentedNew contract
AED 250,000/yr12 months · AED 44 per sqft
22 Apr 2013SoldReady
AED 8,350,000AED 1,479 per sqft
18 Dec 2012SoldReady
AED 6,064,685AED 1,074 per sqft
18 Aug 2009Sold by developerOff-plan
AED 6,064,685AED 1,074 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2023.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
74th of 88
Parking
P2-4,5,6
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 12.6M · November 2023
Building
23 Marina Tower

About 7404, 23 Marina Tower

7404 is a four-bedroom apartment of 5,645 sqft on the 74th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 23 November 2023 for AED 12,600,000, or AED 2,232 per sqft, 54% above the AED 1,452 four-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 3 July 2023, is AED 330,000 a year: a gross yield of 2.6% on the 2023 price, before the service charge of about AED 108,700 a year.

Sales and rents for 7404 over time

Sales
Unit 7404, 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 6,064,685 (AED 1,074 per sqft)Sold, December 2012: AED 6,064,685 (AED 1,074 per sqft)Sold, April 2013: AED 8,350,000 (AED 1,479 per sqft)Sold, November 2023: AED 12,600,000 (AED 2,232 per sqft)

7404 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 7404, each contractTypical four-bed in 23 Marina Tower
400K2012201620202024Typical 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, August 2020: AED 250,000 a yearNew contract, July 2023: AED 330,000 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 7404 sits

All 45 4-beds →

7404 last sold in November 2023 at AED 2,232 per sqft, 54% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,452).

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 74th floor

All 289 units in 23 Marina Tower
Value
74014-bedAED 8.5M · Mar 2013
74024-bedAED 5.63M · Dec 2012
74034-bedAED 6.64M · Dec 2012

7404, 23 Marina Tower in numbers

  • Sold 4 times: first on 18 August 2009 for AED 6,064,685, last on 23 November 2023 for AED 12,600,000 (AED 2,232 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 250,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2023 price is 2.6%, before a service charge of about AED 108,700 a year (AED 19.25 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 23 November 2023.

Questions about 7404, 23 Marina Tower

What did unit 7404 last sell for?

AED 12,600,000 on 23 November 2023: AED 2,232 per sqft for 5,645 sqft. The unit has 4 registered sales; the first was AED 6,064,685 in August 2009.

What is the rent for unit 7404?

AED 330,000 a year on the contract signed on 3 July 2023. The previous contract, from August 2020, was AED 250,000.

How big is unit 7404?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 74th floor of a 88-storey tower completed in 2012.

What is unit 7404 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 7404, 23 Marina Tower

Starts from the last sale price (AED 12.6M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 12,600,000
Deposit, UAE resident (20%)
AED 2,520,000
Deposit, non-resident (40%)
AED 5,040,000
Monthly over 25 years at 3.7%
AED 51,551

Plus AED 534,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →