3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 8th floor · completed 2012

806, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 1.92M26 February 2018
Current rentAED 195K /yr26 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, 23 Marina Tower

What is 806 worth today?

Last sold for AED 1,920,000 in 2018

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26 Feb 2024RentedNew contract
AED 195,000/yr12 months · AED 90 per sqft
8 Nov 2022RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
26 Feb 2018SoldReady
AED 1,920,000AED 888 per sqft
10 Nov 2016RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
12 Nov 2014RentedNew contract
AED 150,000/yr8 months · AED 69 per sqft
13 Dec 2012SoldReady
AED 3,432,776AED 1,588 per sqft
16 Nov 2009Sold by developerOff-plan
AED 3,432,776AED 1,588 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
8th of 88
Parking
P2-17,42
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.92M · February 2018

About 806, 23 Marina Tower

806 is a three-bedroom apartment of 2,161 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 26 February 2018 for AED 1,920,000, or AED 888 per sqft, 13% below the AED 1,025 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 26 February 2024, is AED 195,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 41,600 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, November 2009: AED 3,432,776 (AED 1,588 per sqft)Sold, December 2012: AED 3,432,776 (AED 1,588 per sqft)Sold, February 2018: AED 1,920,000 (AED 888 per sqft)

806 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 806, 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, November 2014: AED 150,000 a yearNew contract, November 2016: AED 155,000 a yearNew contract, November 2022: AED 200,000 a yearNew contract, February 2024: AED 195,000 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 806 sits

All 182 3-beds →

806 last sold in February 2018 at AED 888 per sqft, 13% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,025). 806's AED 195,000 is in the lower half 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
8043-bedAED 876K · Mar 2013
8052-bedAED 1.49M · Nov 2012

806, 23 Marina Tower in numbers

  • Sold 3 times: first on 16 November 2009 for AED 3,432,776, last on 26 February 2018 for AED 1,920,000 (AED 888 per sqft).
  • Rented since November 2014 on 4 Ejari contracts, from AED 150,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2018 price is 10.2%, before a service charge of about AED 41,600 a year (AED 19.25 per sqft).

Source: Dubai Land Department. Updated 26 February 2024.

Questions about 806, 23 Marina Tower

What did unit 806 last sell for?

AED 1,920,000 on 26 February 2018: AED 888 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 3,432,776 in November 2009.

What is the rent for unit 806?

AED 195,000 a year on the contract signed on 26 February 2024. The previous contract, from November 2022, was AED 200,000; the unit has been rented since November 2014.

How big is unit 806?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 8th floor of a 88-storey tower completed in 2012.

What is unit 806 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 806, 23 Marina Tower

Starts from the last sale price (AED 1.92M, 26 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,920,000
Deposit, UAE resident (20%)
AED 384,000
Deposit, non-resident (40%)
AED 768,000
Monthly over 25 years at 3.7%
AED 7,855

Plus AED 85,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →