1405, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in June 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, 23 Marina Tower
What is 1405 worth today?
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Source: Dubai Land Department. Updated 14 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 14th of 88
- Parking
- B4-76
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.25M · June 2021
- Building
- 23 Marina Tower
About 1405, 23 Marina Tower
1405 is a two-bedroom apartment of 1,617 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 20 June 2021 for AED 1,250,000, or AED 773 per sqft, 5% above the AED 734 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 14 December 2022, is AED 95,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1405 over time
1405 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1405 sits
All 48 2-beds →1405 last sold in June 2021 at AED 773 per sqft, 5% above what two-beds in 23 Marina Tower were fetching at the time (AED 734). 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. 1405's AED 95,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,617 sqft | 2,100,000 | 1,298 | ||
| 22 Jul 202622 July 2026 | 1,617 sqft | 2,150,000 | 1,329 | ||
| 12 Jun 202612 June 2026 | 1,617 sqft | 3,250,000 | 2,009 | ||
| 30 Oct 202530 October 2025 | 1,617 sqft | 2,200,000 | 1,360 |
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 | |||||
|---|---|---|---|---|---|
| 1401 | 3-bed | 2,161 sqft | AED 1.86MAED 1,860,881 · Dec 2012December 2012 | 132,825 /yr | |
| 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 | |
| 1406 | 3-bed | 2,161 sqft | AED 1.41MAED 1,410,000 · Feb 2020February 2020 | 215,000 /yr |
1405, 23 Marina Tower in numbers
- Sold 4 times: first on 15 July 2009 for AED 1,579,539, last on 20 June 2021 for AED 1,250,000 (AED 773 per sqft).
- Rented since December 2017 on 6 Ejari contracts, from AED 127,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2021 price is 7.6%, 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 14 December 2022.
Questions about 1405, 23 Marina Tower
What did unit 1405 last sell for?
AED 1,250,000 on 20 June 2021: AED 773 per sqft for 1,617 sqft. The unit has 4 registered sales; the first was AED 1,579,539 in July 2009.
What is the rent for unit 1405?
AED 95,000 a year on the contract renewed on 14 December 2022. The previous contract, from December 2021, was AED 95,000; the unit has been rented since December 2017.
How big is unit 1405?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 14th floor of a 88-storey tower completed in 2012.
What is unit 1405 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 1405, 23 Marina Tower
Starts from the last sale price (AED 1.25M, 20 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →