3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 11th floor · completed 2012

1104, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.78M3 November 2022
Current rentAED 130K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, 23 Marina Tower

What is 1104 worth today?

Last sold for AED 1,775,000 in 2022

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3 Nov 2022SoldReady
AED 1,775,000AED 827 per sqft
15 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 61 per sqft
1 Nov 2018RentedNew contract
AED 153,600/yr12 months · AED 72 per sqft
15 Oct 2017RentedNew contract
AED 158,605/yr12 months · AED 74 per sqft
22 Jan 2016RentedRenewal
AED 180,000/yr12 months · AED 84 per sqft
22 Jan 2015RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
15 Jan 2013RentedNew contract
AED 178,000/yr12 months · AED 83 per sqft
11 Dec 2012SoldReady
AED 1,641,953AED 765 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
11th of 88
Parking
B4-33,34
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.78M · November 2022

About 1104, 23 Marina Tower

1104 is a three-bedroom apartment of 2,146 sqft on the 11th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 3 November 2022 for AED 1,775,000, or AED 827 per sqft, 14% below the AED 961 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 November 2019, is AED 130,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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 2,375,388; 2013 AED 2,699,226; 2014 AED 3,000,000; 2015 AED 3,300,000; 2016 AED 2,450,000; 2017 AED 2,605,000; 2018 AED 2,100,100; 2019 AED 2,000,000; 2020 AED 1,500,000; 2021 AED 2,200,000; 2022 AED 2,130,000; 2023 AED 3,465,000; 2024 AED 2,957,419; 2025 AED 3,850,001; 2026 AED 3,100,000Sold by developer, February 2012: AED 1,641,953 (AED 765 per sqft)Sold, December 2012: AED 1,641,953 (AED 765 per sqft)Sold, November 2022: AED 1,775,000 (AED 827 per sqft)

1104 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1104, each contractTypical three-bed in 23 Marina Tower
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 182,308; 2014 AED 201,400; 2015 AED 216,500; 2016 AED 200,000; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 137,500; 2021 AED 145,000; 2022 AED 167,500; 2023 AED 200,000; 2024 AED 200,000; 2025 AED 209,200; 2026 AED 210,000New contract, January 2013: AED 178,000 a yearNew contract, January 2015: AED 180,000 a yearRenewal, January 2016: AED 180,000 a yearNew contract, October 2017: AED 158,605 a yearNew contract, November 2018: AED 153,600 a yearNew contract, November 2019: AED 130,000 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 1104 sits

All 192 3-beds →

1104 last sold in November 2022 at AED 827 per sqft, 14% below what three-beds in 23 Marina Tower were fetching at the time (AED 961). Over the last 12 months three-beds sold for AED 2,700,000 to 4,500,000, around AED 1,375 per sqft, and rent for AED 60,055 to 305,000 a year. 1104's AED 130,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Sep 20264,500,000
18 Sep 20262,900,000
16 Sep 20263,000,000
16 Sep 20262,950,000
9 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. 14 sold in the last 12 months.

Typical price per sqft
AED 1,370 Down 6.1%
Typical sale
AED 3.13M
Typical rent
AED 203K /yr
Typical yield
6.1%
23 Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 289 units in 23 Marina Tower
Value
11013-bedAED 2.9M · Jul 2015
11022-bedAED 1.78M · Feb 2023
11033-bedAED 3.1M · Mar 2026
11052-bedAED 3.25M · Jun 2026
11063-bedAED 2.15M · Dec 2012

1104, 23 Marina Tower in numbers

  • Sold 3 times: first on 1 February 2012 for AED 1,641,953, last on 3 November 2022 for AED 1,775,000 (AED 827 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 178,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 41,300 a year (AED 19.25 per sqft).
  • Three-beds in 23 Marina Tower sold for AED 2,700,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,370 per sqft.

Source: Dubai Land Department. Updated 3 November 2022.

Questions about 1104, 23 Marina Tower

What did unit 1104 last sell for?

AED 1,775,000 on 3 November 2022: AED 827 per sqft for 2,146 sqft. The unit has 3 registered sales; the first was AED 1,641,953 in February 2012.

What is the rent for unit 1104?

AED 130,000 a year on the contract signed on 15 November 2019. The previous contract, from November 2018, was AED 153,600; the unit has been rented since January 2013.

How big is unit 1104?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 11th floor of a 88-storey tower completed in 2012.

What is unit 1104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in 23 Marina Tower sold for AED 2,700,000 to 4,500,000 in the last 12 months, around AED 1,375 per sqft.

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Mortgage on 1104, 23 Marina Tower

Starts from the last sale price (AED 1.78M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →