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

805, 23 Marina Tower

Sold prices and rental history: sold twice, last in November 2012, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 1.49M27 November 2012
Current rentAED 82K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, 23 Marina Tower

What is 805 worth today?

Last sold for AED 1,494,159 in 2012

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1 May 2021RentedNew contract
AED 82,000/yr12 months · AED 51 per sqft
7 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
27 Nov 2012SoldReady
AED 1,494,159AED 924 per sqft
7 Oct 2012RentedNew contract
AED 110,000/yr12 months · AED 68 per sqft
23 Jun 2009Sold by developerOff-plan
AED 1,494,159AED 924 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
8th of 88
Parking
B3-70
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.49M · November 2012
Building
23 Marina Tower

About 805, 23 Marina Tower

805 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 27 November 2012 for AED 1,494,159, or AED 924 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 May 2021, is AED 82,000 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 31,100 a year.

Sales and rents for 805 over time

Sales
Unit 805, 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 by developer, June 2009: AED 1,494,159 (AED 924 per sqft)Sold, November 2012: AED 1,494,159 (AED 924 per sqft)

805 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 805, 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, October 2012: AED 110,000 a yearNew contract, October 2013: AED 110,000 a yearNew contract, May 2021: AED 82,000 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 805 sits

All 46 2-beds →

805 last sold in November 2012 at AED 924 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 924). 805's AED 82,000 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
8022-bedAED 1.88M · Dec 2022
8033-bedAED 2.5M · Aug 2023
8043-bedAED 876K · Mar 2013
8063-bedAED 1.92M · Feb 2018

805, 23 Marina Tower in numbers

  • Sold twice: first on 23 June 2009 for AED 1,494,159, last on 27 November 2012 for AED 1,494,159 (AED 924 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 110,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 1 May 2021.

Questions about 805, 23 Marina Tower

What did unit 805 last sell for?

AED 1,494,159 on 27 November 2012: AED 924 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,494,159 in June 2009.

What is the rent for unit 805?

AED 82,000 a year on the contract signed on 1 May 2021. The previous contract, from October 2013, was AED 110,000; the unit has been rented since October 2012.

How big is unit 805?

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 805 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 805, 23 Marina Tower

Starts from the last sale price (AED 1.49M, 27 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,494,159
Deposit, UAE resident (20%)
AED 298,832
Deposit, non-resident (40%)
AED 597,664
Monthly over 25 years at 3.7%
AED 6,113

Plus AED 67,764 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →