3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 12th floor · completed 2012

1203, 23 Marina Tower

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 2.1M28 January 2018
Current rentAED 210K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, 23 Marina Tower

What is 1203 worth today?

Last sold for AED 2,100,100 in 2018

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15 May 2026RentedRenewal
AED 210,000/yr12 months · AED 98 per sqft
15 May 2025RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
1 Feb 2024RentedNew contract
AED 142,565/yr12 months · AED 67 per sqft
1 Feb 2024RentedNew contract
AED 142,565/yr12 months · AED 67 per sqft
20 Dec 2022RentedNew contract
AED 129,605/yr12 months · AED 61 per sqft
20 Dec 2020RentedNew contract
AED 98,000/yr12 months · AED 46 per sqft
28 Jan 2018SoldReady
AED 2,100,100AED 978 per sqft
22 Jan 2018Sold by developerReady
AED 1,368,142AED 637 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
12th of 88
Parking
P2-11,48
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.1M · January 2018

About 1203, 23 Marina Tower

1203 is a three-bedroom apartment of 2,146 sqft on the 12th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 28 January 2018 for AED 2,100,100, or AED 978 per sqft, 16% below the AED 1,164 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 210,000 a year: a gross yield of 10.0% on the 2018 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, January 2018: AED 2,100,100 (AED 978 per sqft)Sold by developer, January 2018: AED 1,368,142 (AED 637 per sqft)

1203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1203, each contractTypical three-bed in 23 Marina Tower
100K200K2012201620202024Typical 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, September 2017: AED 155,000 a yearNew contract, December 2020: AED 98,000 a yearNew contract, December 2022: AED 129,605 a yearNew contract, February 2024: AED 142,565 a yearNew contract, February 2024: AED 142,565 a yearNew contract, May 2025: AED 210,000 a yearRenewal, May 2026: AED 210,000 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 1203 sits

All 192 3-beds →

1203 last sold in January 2018 at AED 978 per sqft, 16% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,164). 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. 1203's AED 210,000 is in the upper 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 12th floor

All 289 units in 23 Marina Tower
Value
12013-bedAED 2.4M · Apr 2013
12022-bedAED 2.22M · Nov 2012
12043-bedAED 2.8M · Dec 2024
12052-bedAED 1.8M · Dec 2023
12063-bedAED 2.9M · Sep 2026

1203, 23 Marina Tower in numbers

  • Sold twice: first on 22 January 2018 for AED 1,368,142, last on 28 January 2018 for AED 2,100,100 (AED 978 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 98,000 in 2020 and recovered to AED 210,000 by May 2026.
  • At AED 210,000 a year the gross yield on the 2018 price is 10.0%, 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 15 May 2026.

Questions about 1203, 23 Marina Tower

What did unit 1203 last sell for?

AED 2,100,100 on 28 January 2018: AED 978 per sqft for 2,146 sqft. The unit has 2 registered sales; the first was AED 1,368,142 in January 2018.

What is the rent for unit 1203?

AED 210,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 210,000; the unit has been rented since September 2017.

How big is unit 1203?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 12th floor of a 88-storey tower completed in 2012.

What is unit 1203 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 1203, 23 Marina Tower

Starts from the last sale price (AED 2.1M, 28 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,100
Deposit, UAE resident (20%)
AED 420,020
Deposit, non-resident (40%)
AED 840,040
Monthly over 25 years at 3.7%
AED 8,592

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