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

1304, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.92M20 March 2018
Current rentAED 210K /yr20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, 23 Marina Tower

What is 1304 worth today?

Last sold for AED 1,920,000 in 2018

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20 Nov 2024RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
20 Nov 2024RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
25 Apr 2024RentedNew contract
AED 195,000/yr12 months · AED 91 per sqft
25 Apr 2024RentedNew contract
AED 195,000/yr12 months · AED 91 per sqft
20 Mar 2020RentedRenewal · flagged as an outlier
AED 20,000/yr60 months · AED 9 per sqft
20 Mar 2018SoldReady
AED 1,920,000AED 894 per sqft
5 Mar 2013SoldReady
AED 2,000,000AED 931 per sqft
8 Aug 2012SoldOff-plan
AED 2,000,000AED 931 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
13th of 88
Parking
B4-21,22
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 1.92M · March 2018

About 1304, 23 Marina Tower

1304 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 20 March 2018 for AED 1,920,000, or AED 894 per sqft, 11% below the AED 1,003 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 November 2024, is AED 210,000 a year: a gross yield of 10.9% on the 2018 price, before the service charge of about AED 41,300 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, 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, June 2009: AED 1,915,613 (AED 892 per sqft)Sold, August 2012: AED 2,000,000 (AED 931 per sqft)Sold, March 2013: AED 2,000,000 (AED 931 per sqft)Sold, March 2018: AED 1,920,000 (AED 894 per sqft)

1304 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1304, 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, April 2024: AED 195,000 a yearNew contract, April 2024: AED 195,000 a yearNew contract, November 2024: AED 210,000 a yearNew contract, November 2024: 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 1304 sits

All 192 3-beds →

1304 last sold in March 2018 at AED 894 per sqft, 11% below what three-beds in 23 Marina Tower were fetching at the time (AED 1,003). 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. 1304'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 13th floor

All 289 units in 23 Marina Tower
Value
13013-bedAED 2.88M · Oct 2024
13022-bedAED 2.2M · Oct 2025
13033-bedAED 1.92M · Dec 2012
13052-bedAED 1.43M · Nov 2012
13063-bedAED 3.4M · Dec 2012

1304, 23 Marina Tower in numbers

  • Sold 4 times: first on 7 June 2009 for AED 1,915,613, last on 20 March 2018 for AED 1,920,000 (AED 894 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 20,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 10.9%, 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 20 November 2024.

Questions about 1304, 23 Marina Tower

What did unit 1304 last sell for?

AED 1,920,000 on 20 March 2018: AED 894 per sqft for 2,146 sqft. The unit has 4 registered sales; the first was AED 1,915,613 in June 2009.

What is the rent for unit 1304?

AED 210,000 a year on the contract signed on 20 November 2024. The previous contract, from November 2024, was AED 210,000; the unit has been rented since March 2020.

How big is unit 1304?

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 1304 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 1304, 23 Marina Tower

Starts from the last sale price (AED 1.92M, 20 March 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →