3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 14th floor · completed 2012

1406, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 1.41M18 February 2020
Current rentAED 215K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, 23 Marina Tower

What is 1406 worth today?

Last sold for AED 1,410,000 in 2020

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18 Dec 2025RentedRenewal
AED 215,000/yr12 months · AED 100 per sqft
18 Dec 2024RentedRenewal
AED 215,000/yr12 months · AED 99 per sqft
18 Dec 2024RentedRenewal
AED 215,000/yr12 months · AED 99 per sqft
18 Feb 2020SoldReady
AED 1,410,000AED 652 per sqft
1 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
13 Dec 2012SoldReady
AED 2,024,825AED 936 per sqft
5 Jul 2009Sold by developerOff-plan
AED 2,024,825AED 936 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
14th of 88
Parking
B3-68,66
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.41M · February 2020

About 1406, 23 Marina Tower

1406 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 18 February 2020 for AED 1,410,000, or AED 652 per sqft, 20% below the AED 818 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 215,000 a year: a gross yield of 15.3% on the 2020 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, July 2009: AED 2,024,825 (AED 936 per sqft)Sold, December 2012: AED 2,024,825 (AED 936 per sqft)Sold, February 2020: AED 1,410,000 (AED 652 per sqft)

1406 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1406, 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 2014: AED 150,000 a yearRenewal, December 2024: AED 215,000 a yearRenewal, December 2024: AED 215,000 a yearRenewal, December 2025: AED 215,000 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 1406 sits

All 192 3-beds →

1406 last sold in February 2020 at AED 652 per sqft, 20% below what three-beds in 23 Marina Tower were fetching at the time (AED 818). 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. 1406's AED 215,000 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 14th floor

All 289 units in 23 Marina Tower
Value
14013-bedAED 1.86M · Dec 2012
14022-bedAED 2.01M · Jun 2024
14033-bedAED 2.3M · Feb 2018
14043-bedAED 2.52M · Jan 2014
14052-bedAED 1.25M · Jun 2021

1406, 23 Marina Tower in numbers

  • Sold 3 times: first on 5 July 2009 for AED 2,024,825, last on 18 February 2020 for AED 1,410,000 (AED 652 per sqft).
  • Rented since December 2014 on 4 Ejari contracts, from AED 150,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2020 price is 15.3%, 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 18 December 2025.

Questions about 1406, 23 Marina Tower

What did unit 1406 last sell for?

AED 1,410,000 on 18 February 2020: AED 652 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 2,024,825 in July 2009.

What is the rent for unit 1406?

AED 215,000 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 215,000; the unit has been rented since December 2014.

How big is unit 1406?

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 1406 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 1406, 23 Marina Tower

Starts from the last sale price (AED 1.41M, 18 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

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