2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 13th floor · completed 2012

1305, 23 Marina Tower

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.43M27 November 2012
Current rentAED 135K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, 23 Marina Tower

What is 1305 worth today?

Last sold for AED 1,434,392 in 2012

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1 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 84 per sqft
1 Sep 2024RentedNew contract
AED 135,000/yr12 months · AED 84 per sqft
1 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
26 Nov 2015RentedRenewal
AED 135,000/yr12 months · AED 84 per sqft
26 Nov 2014RentedNew contract
AED 135,000/yr12 months · AED 84 per sqft
10 Sep 2013RentedNew contract
AED 115,000/yr12 months · AED 71 per sqft
27 Nov 2012SoldReady
AED 1,434,392AED 887 per sqft
23 Jun 2009Sold by developerOff-plan
AED 1,434,392AED 887 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
13th of 88
Parking
B4-78
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.43M · November 2012

About 1305, 23 Marina Tower

1305 is a two-bedroom apartment of 1,617 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 27 November 2012 for AED 1,434,392, or AED 887 per sqft, 4% below the AED 924 two-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 1 September 2024, is AED 135,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, 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 1,434,392 (AED 887 per sqft)Sold, November 2012: AED 1,434,392 (AED 887 per sqft)

1305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, 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, September 2013: AED 115,000 a yearNew contract, November 2014: AED 135,000 a yearRenewal, November 2015: AED 135,000 a yearNew contract, January 2021: AED 75,000 a yearNew contract, September 2024: AED 135,000 a yearNew contract, September 2024: AED 135,000 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 1305 sits

All 48 2-beds →

1305 last sold in November 2012 at AED 887 per sqft, 4% below what two-beds in 23 Marina Tower were fetching at the time (AED 924). 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. 1305's AED 135,000 is in the lower 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 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
13043-bedAED 1.92M · Mar 2018
13063-bedAED 3.4M · Dec 2012

1305, 23 Marina Tower in numbers

  • Sold twice: first on 23 June 2009 for AED 1,434,392, last on 27 November 2012 for AED 1,434,392 (AED 887 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 135,000 by September 2024.
  • At AED 135,000 a year the gross yield on the 2012 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 September 2024.

Questions about 1305, 23 Marina Tower

What did unit 1305 last sell for?

AED 1,434,392 on 27 November 2012: AED 887 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,434,392 in June 2009.

What is the rent for unit 1305?

AED 135,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 135,000; the unit has been rented since September 2013.

How big is unit 1305?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 13th floor of a 88-storey tower completed in 2012.

What is unit 1305 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 1305, 23 Marina Tower

Starts from the last sale price (AED 1.43M, 27 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,434,392
Deposit, UAE resident (20%)
AED 286,878
Deposit, non-resident (40%)
AED 573,757
Monthly over 25 years at 3.7%
AED 5,869

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