2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 12th floor · completed 2012

1205, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.8M18 December 2023
Current rentAED 170K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, 23 Marina Tower

What is 1205 worth today?

Last sold for AED 1,800,000 in 2023

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1 Apr 2025RentedNew contract
AED 170,000/yr24 months · AED 105 per sqft
1 Apr 2025RentedNew contract
AED 170,000/yr24 months · AED 105 per sqft
1 Feb 2024RentedNew contract
AED 114,406/yr11 months · AED 71 per sqft
1 Feb 2024RentedNew contract
AED 114,406/yr11 months · AED 71 per sqft
18 Dec 2023SoldReady
AED 1,800,000AED 1,113 per sqft
1 Feb 2023RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
31 Oct 2022SoldReady
AED 1,550,000AED 958 per sqft
1 Apr 2022RentedNew contract
AED 90,000/yr6 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
12th of 88
Parking
B4-80
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.8M · December 2023

About 1205, 23 Marina Tower

1205 is a two-bedroom apartment of 1,617 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 18 December 2023 for AED 1,800,000, or AED 1,113 per sqft, in line with the AED 1,105 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 April 2025, is AED 170,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical two-bed in 23 Marina Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,519,230; 2010 AED 1,404,509; 2012 AED 1,494,159; 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 1,225,000; 2023 AED 1,787,500; 2025 AED 2,200,000; 2026 AED 2,150,000Sold by developer, June 2009: AED 1,494,159 (AED 924 per sqft)Sold, November 2012: AED 1,494,159 (AED 924 per sqft)Sold, October 2022: AED 1,550,000 (AED 958 per sqft)Sold, December 2023: AED 1,800,000 (AED 1,113 per sqft)

1205 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, 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 149,000; 2018 AED 127,000; 2019 AED 118,169; 2020 AED 109,000; 2021 AED 95,000; 2022 AED 105,000; 2023 AED 121,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 132,500New contract, December 2012: AED 115,000 a yearNew contract, December 2014: AED 150,000 a yearNew contract, February 2016: AED 150,000 a yearNew contract, January 2019: AED 112,000 a yearNew contract, April 2021: AED 80,000 a yearNew contract, April 2022: AED 90,000 a yearNew contract, February 2023: AED 115,000 a yearNew contract, February 2024: AED 114,406 a yearNew contract, February 2024: AED 114,406 a yearNew contract, April 2025: AED 170,000 a yearNew contract, April 2025: AED 170,000 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 1205 sits

All 48 2-beds →

1205 last sold in December 2023 at AED 1,113 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 1,105). Over the last 12 months two-beds sold for AED 2,100,000 to 3,250,000, around AED 1,329 per sqft, and rent for AED 125,000 to 205,000 a year. 1205's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20262,100,000
22 Jul 20262,150,000
12 Jun 20263,250,000
30 Oct 20252,200,000
3 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. 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
12033-bedAED 2.1M · Jan 2018
12043-bedAED 2.8M · Dec 2024
12063-bedAED 2.9M · Sep 2026

1205, 23 Marina Tower in numbers

  • Sold 4 times: first on 23 June 2009 for AED 1,494,159, last on 18 December 2023 for AED 1,800,000 (AED 1,113 per sqft).
  • Rented since December 2012 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2021 and recovered to AED 170,000 by April 2025.
  • At AED 170,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 31,100 a year (AED 19.25 per sqft).
  • Two-beds in 23 Marina Tower sold for AED 2,100,000–3,250,000 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 1 April 2025.

Questions about 1205, 23 Marina Tower

What did unit 1205 last sell for?

AED 1,800,000 on 18 December 2023: AED 1,113 per sqft for 1,617 sqft. The unit has 4 registered sales; the first was AED 1,494,159 in June 2009.

What is the rent for unit 1205?

AED 170,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 170,000; the unit has been rented since December 2012.

How big is unit 1205?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 12th floor of a 88-storey tower completed in 2012.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 23 Marina Tower sold for AED 2,100,000 to 3,250,000 in the last 12 months, around AED 1,329 per sqft.

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Mortgage on 1205, 23 Marina Tower

Starts from the last sale price (AED 1.8M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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