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

804, 23 Marina Tower

Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 876K25 March 2013
Current rentAED 100K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, 23 Marina Tower

What is 804 worth today?

Last sold for AED 875,708 in 2013

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1 Oct 2020RentedRenewal
AED 100,000/yr12 months · AED 47 per sqft
1 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
25 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
10 Nov 2017RentedNew contract
AED 139,612/yr12 months · AED 65 per sqft
20 Jun 2016RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
20 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
20 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
25 Mar 2013Sold by developerReady
AED 875,708AED 408 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
8th of 88
Parking
B4-49,50
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 876K · March 2013

About 804, 23 Marina Tower

804 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. The developer sold it on 25 March 2013 for AED 875,708, or AED 408 per sqft, 55% below the AED 911 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 100,000 a year: a gross yield of 11.4% on the 2013 price, before the service charge of about AED 41,300 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, March 2013: AED 875,708 (AED 408 per sqft)

804 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 804, each contractTypical three-bed in 23 Marina Tower
100K200K2012201620202024Typical 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, June 2015: AED 180,000 a yearNew contract, June 2015: AED 180,000 a yearNew contract, June 2016: AED 180,000 a yearNew contract, November 2017: AED 139,612 a yearNew contract, November 2018: AED 125,000 a yearNew contract, October 2019: AED 120,000 a yearRenewal, October 2020: AED 100,000 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 804 sits

All 182 3-beds →

804 last sold in March 2013 at AED 408 per sqft, 55% below what three-beds in 23 Marina Tower were fetching at the time (AED 911). 804's AED 100,000 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
8033-bedAED 2.5M · Aug 2023
8052-bedAED 1.49M · Nov 2012
8063-bedAED 1.92M · Feb 2018

804, 23 Marina Tower in numbers

  • Sold once: by Hircon International on 25 March 2013 for AED 875,708, or AED 408 per sqft.
  • Rented since June 2015 on 7 Ejari contracts, from AED 180,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2013 price is 11.4%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 1 October 2020.

Questions about 804, 23 Marina Tower

What did unit 804 last sell for?

AED 875,708 on 25 March 2013, sold by the developer: AED 408 per sqft for 2,146 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 100,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 120,000; the unit has been rented since June 2015.

How big is unit 804?

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 804 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 804, 23 Marina Tower

Starts from the last sale price (AED 876K, 25 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 875,708
Deposit, UAE resident (20%)
AED 175,142
Deposit, non-resident (40%)
AED 350,283
Monthly over 25 years at 3.7%
AED 3,583

Plus AED 41,789 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →