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3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 8th floor · completed 2012

803, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in August 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 9 August 2023
Last soldAED 2.5M9 August 2023
Current rentAED 160K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, 23 Marina Tower

What is 803 worth today?

Last sold for AED 2,500,000 in 2023

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9 Aug 2023SoldReady
AED 2,500,000AED 1,164 per sqft
1 Nov 2022RentedNew contract
AED 160,000/yr12 months · AED 75 per sqft
27 Feb 2017SoldReady
AED 2,500,000AED 1,164 per sqft
7 Dec 2014RentedNew contract
AED 219,619/yr7 months · AED 103 per sqft
13 Dec 2012SoldReady
AED 1,532,489AED 714 per sqft
1 Feb 2012Sold by developerOff-plan
AED 1,532,489AED 714 per sqft

Source: Dubai Land Department. Updated 9 August 2023.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
8th of 88
Parking
B3-69,67
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.5M · August 2023
Building
23 Marina Tower

About 803, 23 Marina Tower

803 is a three-bedroom apartment of 2,146 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 9 August 2023 for AED 2,500,000, or AED 1,164 per sqft, in line with the AED 1,168 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 November 2022, is AED 160,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 41,300 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, February 2012: AED 1,532,489 (AED 714 per sqft)Sold, December 2012: AED 1,532,489 (AED 714 per sqft)Sold, February 2017: AED 2,500,000 (AED 1,164 per sqft)Sold, August 2023: AED 2,500,000 (AED 1,164 per sqft)

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

Rents
Unit 803, each contractTypical three-bed in 23 Marina Tower
200K2012201620202024Typical 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, December 2014: AED 219,619 a yearNew contract, November 2022: AED 160,000 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 803 sits

All 182 3-beds →

803 last sold in August 2023 at AED 1,164 per sqft, in line with what three-beds in 23 Marina Tower were fetching at the time (AED 1,168). 803's AED 160,000 is at the bottom 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 8th floor

All 289 units in 23 Marina Tower
Value
8013-bedAED 2.41M · Jan 2015
8022-bedAED 1.88M · Dec 2022
8043-bedAED 876K · Mar 2013
8052-bedAED 1.49M · Nov 2012
8063-bedAED 1.92M · Feb 2018

803, 23 Marina Tower in numbers

  • Sold 4 times: first on 1 February 2012 for AED 1,532,489, last on 9 August 2023 for AED 2,500,000 (AED 1,164 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 219,619 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 9 August 2023.

Questions about 803, 23 Marina Tower

What did unit 803 last sell for?

AED 2,500,000 on 9 August 2023: AED 1,164 per sqft for 2,146 sqft. The unit has 4 registered sales; the first was AED 1,532,489 in February 2012.

What is the rent for unit 803?

AED 160,000 a year on the contract signed on 1 November 2022. The previous contract, from December 2014, was AED 219,619.

How big is unit 803?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 8th floor of a 88-storey tower completed in 2012.

What is unit 803 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 803, 23 Marina Tower

Starts from the last sale price (AED 2.5M, 9 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →