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2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 8th floor · completed 2012

802, 23 Marina Tower

Sold prices and rental history: sold 5 times, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 1.88M23 December 2022
Current rentAED 126K /yr26 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 802, 23 Marina Tower

What is 802 worth today?

Last sold for AED 1,875,000 in 2022

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23 Dec 2022SoldReady
AED 1,875,000AED 1,159 per sqft
19 Oct 2021SoldReady
AED 1,600,000AED 989 per sqft
26 Jan 2020RentedRenewal
AED 126,000/yr12 months · AED 78 per sqft
26 Jan 2019RentedNew contract
AED 129,000/yr12 months · AED 80 per sqft
6 Jan 2018RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft
20 Jun 2017RentedNew contract
AED 160,000/yr12 months · AED 99 per sqft
6 Nov 2016SoldReady
AED 2,300,000AED 1,422 per sqft
20 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 23 December 2022.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
8th of 88
Parking
B3-63
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.88M · December 2022
Building
23 Marina Tower

About 802, 23 Marina Tower

802 is a two-bedroom apartment of 1,617 sqft on the 8th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 23 December 2022 for AED 1,875,000, or AED 1,159 per sqft.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 26 January 2020, is AED 126,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical two-bed in 23 Marina Tower
1M2M2009201320172021Typical sale price by year: 2009 AED 1,536,849; 2010 AED 1,404,509; 2012 AED 1,502,697; 2013 AED 1,408,778; 2014 AED 2,400,000; 2016 AED 1,985,000; 2018 AED 1,950,000; 2020 AED 1,150,000; 2021 AED 1,250,000; 2023 AED 1,787,500Sold, January 2013: AED 1,775,000 (AED 1,097 per sqft)Sold by developer, January 2013: AED 1,383,164 (AED 855 per sqft)Sold, November 2016: AED 2,300,000 (AED 1,422 per sqft)Sold, October 2021: AED 1,600,000 (AED 989 per sqft)Sold, December 2022: AED 1,875,000 (AED 1,159 per sqft)

802 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 802, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 132,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 128,500; 2019 AED 119,669; 2020 AED 100,000; 2021 AED 93,500; 2022 AED 105,000; 2023 AED 123,000; 2024 AED 140,000; 2025 AED 150,000New contract, June 2016: AED 170,000 a yearNew contract, June 2017: AED 160,000 a yearNew contract, January 2018: AED 150,000 a yearNew contract, January 2019: AED 129,000 a yearRenewal, January 2020: AED 126,000 a year

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

2-beds in 23 Marina Tower, and where 802 sits

All 46 2-beds →

802's AED 126,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 May 20252,438,815
17 Dec 20242,200,000
4 Jun 20242,010,000
21 Dec 20232,325,000
0 2-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 8th floor

All 289 units in 23 Marina Tower
Value
8013-bedAED 2.41M · Jan 2015
8033-bedAED 2.5M · Aug 2023
8043-bedAED 876K · Mar 2013
8052-bedAED 1.49M · Nov 2012
8063-bedAED 1.92M · Feb 2018

802, 23 Marina Tower in numbers

  • Sold 5 times: first on 16 January 2013 for AED 1,383,164, last on 23 December 2022 for AED 1,875,000 (AED 1,159 per sqft).
  • Rented since June 2016 on 5 Ejari contracts, from AED 170,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2022 price is 6.7%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 23 December 2022.

Questions about 802, 23 Marina Tower

What did unit 802 last sell for?

AED 1,875,000 on 23 December 2022: AED 1,159 per sqft for 1,617 sqft. The unit has 5 registered sales; the first was AED 1,383,164 in January 2013.

What is the rent for unit 802?

AED 126,000 a year on the contract renewed on 26 January 2020. The previous contract, from January 2019, was AED 129,000; the unit has been rented since June 2016.

How big is unit 802?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 8th floor of a 88-storey tower completed in 2012.

What is unit 802 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 802, 23 Marina Tower

Starts from the last sale price (AED 1.88M, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

Plus AED 83,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →