3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 13th floor · completed 2012

1303, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 1.92M25 December 2012
Current rentAED 158K /yr15 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, 23 Marina Tower

What is 1303 worth today?

Last sold for AED 1,915,613 in 2012

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15 Dec 2022RentedRenewal
AED 158,000/yr12 months · AED 74 per sqft
15 Dec 2021RentedRenewal
AED 158,000/yr12 months · AED 74 per sqft
15 Dec 2020RentedRenewal
AED 158,000/yr12 months · AED 74 per sqft
15 Dec 2019RentedNew contract
AED 130,000/yr12 months · AED 61 per sqft
1 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 61 per sqft
25 Dec 2012SoldReady
AED 1,915,613AED 892 per sqft
17 Aug 2009Sold by developerOff-plan
AED 1,915,613AED 892 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
13th of 88
Parking
B3-83,84
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.92M · December 2012

About 1303, 23 Marina Tower

1303 is a three-bedroom apartment of 2,146 sqft on the 13th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 25 December 2012 for AED 1,915,613, or AED 892 per sqft, in line with the AED 906 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 158,000 a year: a gross yield of 8.3% on the 2012 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, 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, August 2009: AED 1,915,613 (AED 892 per sqft)Sold, December 2012: AED 1,915,613 (AED 892 per sqft)

1303 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1303, 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, December 2018: AED 130,000 a yearNew contract, December 2019: AED 130,000 a yearRenewal, December 2020: AED 158,000 a yearRenewal, December 2021: AED 158,000 a yearRenewal, December 2022: AED 158,000 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 1303 sits

All 192 3-beds →

1303 last sold in December 2012 at AED 892 per sqft, in line with what three-beds in 23 Marina Tower were fetching at the time (AED 906). 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. 1303's AED 158,000 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 13th floor

All 289 units in 23 Marina Tower
Value
13013-bedAED 2.88M · Oct 2024
13022-bedAED 2.2M · Oct 2025
13043-bedAED 1.92M · Mar 2018
13052-bedAED 1.43M · Nov 2012
13063-bedAED 3.4M · Dec 2012

1303, 23 Marina Tower in numbers

  • Sold twice: first on 17 August 2009 for AED 1,915,613, last on 25 December 2012 for AED 1,915,613 (AED 892 per sqft).
  • Rented since December 2018 on 5 Ejari contracts, from AED 130,000 to AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2012 price is 8.3%, 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 15 December 2022.

Questions about 1303, 23 Marina Tower

What did unit 1303 last sell for?

AED 1,915,613 on 25 December 2012: AED 892 per sqft for 2,146 sqft. The unit has 2 registered sales; the first was AED 1,915,613 in August 2009.

What is the rent for unit 1303?

AED 158,000 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 158,000; the unit has been rented since December 2018.

How big is unit 1303?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 13th floor of a 88-storey tower completed in 2012.

What is unit 1303 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 1303, 23 Marina Tower

Starts from the last sale price (AED 1.92M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,915,613
Deposit, UAE resident (20%)
AED 383,123
Deposit, non-resident (40%)
AED 766,245
Monthly over 25 years at 3.7%
AED 7,837

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