1401, 23 Marina Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1401, 23 Marina Tower
What is 1401 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,161 sqft
- Floor
- 14th of 88
- Parking
- B4-17,18
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 1.86M · December 2012
- Building
- 23 Marina Tower
About 1401, 23 Marina Tower
1401 is a three-bedroom apartment of 2,161 sqft on the 14th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 13 December 2012 for AED 1,860,881, or AED 861 per sqft, 3% below the AED 891 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 132,825 a year: a gross yield of 7.1% on the 2012 price, before the service charge of about AED 41,600 a year.
Sales and rents for 1401 over time
1401 has sold twice; the dashed line is the three-bed median of each year in the building.
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 1401 sits
All 192 3-beds →1401 last sold in December 2012 at AED 861 per sqft, 3% below what three-beds in 23 Marina Tower were fetching at the time (AED 891). 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. 1401's AED 132,825 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 2,980 sqft | 4,500,000 | 1,510 | ||
| 18 Sep 202618 September 2026 | 2,161 sqft | 2,900,000 | 1,341 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 3,000,000 | 1,388 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 2,950,000 | 1,364 |
23 Marina Tower
Building289 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%
Other units on the 14th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,617 sqft | AED 2.01MAED 2,010,000 · Jun 2024June 2024 | 165,000 /yr | |
| 1403 | 3-bed | 2,146 sqft | AED 2.3MAED 2,300,000 · Feb 2018February 2018 | 200,000 /yr | |
| 1404 | 3-bed | 2,146 sqft | AED 2.52MAED 2,521,550 · Jan 2014January 2014 | 200,000 /yr | |
| 1405 | 2-bed | 1,617 sqft | AED 1.25MAED 1,250,000 · Jun 2021June 2021 | 95,000 /yr | |
| 1406 | 3-bed | 2,161 sqft | AED 1.41MAED 1,410,000 · Feb 2020February 2020 | 215,000 /yr |
1401, 23 Marina Tower in numbers
- Sold twice: first on 24 June 2009 for AED 1,860,881, last on 13 December 2012 for AED 1,860,881 (AED 861 per sqft).
- Rented since October 2016 on 5 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2021 and recovered to AED 132,825 by May 2023.
- At AED 132,825 a year the gross yield on the 2012 price is 7.1%, before a service charge of about AED 41,600 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 1 May 2023.
Questions about 1401, 23 Marina Tower
What did unit 1401 last sell for?
AED 1,860,881 on 13 December 2012: AED 861 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,860,881 in June 2009.
What is the rent for unit 1401?
AED 132,825 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 120,750; the unit has been rented since October 2016.
How big is unit 1401?
2,161 sqft (200.8 sqm): a three-bedroom apartment on the 14th floor of a 88-storey tower completed in 2012.
What is unit 1401 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 1401, 23 Marina Tower
Starts from the last sale price (AED 1.86M, 13 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,860,881
- Deposit, UAE resident (20%)
- AED 372,176
- Deposit, non-resident (40%)
- AED 744,352
- Monthly over 25 years at 3.7%
- AED 7,613
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →