3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 16th floor · completed 2012

1601, 23 Marina Tower

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

Unit 1601 · DLD and Ejari recordsUpdated 13 December 2025
Last soldAED 2.03M13 December 2012
Current rentAED 195K /yr13 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, 23 Marina Tower

What is 1601 worth today?

Last sold for AED 2,025,075 in 2012

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13 Dec 2025RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
13 Dec 2024RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
13 Dec 2024RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
13 Dec 2023RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
13 Dec 2022RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
25 Sep 2021RentedNew contract
AED 132,000/yr12 months · AED 61 per sqft
25 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
25 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 13 December 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
16th of 88
Parking
P1-14,25
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 2.03M · December 2012

About 1601, 23 Marina Tower

1601 is a three-bedroom apartment of 2,161 sqft on the 16th 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 2,025,075, or AED 936 per sqft, 5% above the AED 891 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 13 December 2025, is AED 195,000 a year: a gross yield of 9.6% on the 2012 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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 2,025,075 (AED 936 per sqft)Sold, December 2012: AED 2,025,075 (AED 936 per sqft)

1601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, 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, September 2013: AED 145,000 a yearNew contract, September 2014: AED 166,750 a yearRenewal, September 2015: AED 183,425 a yearNew contract, September 2019: AED 150,000 a yearNew contract, September 2020: AED 120,000 a yearNew contract, September 2020: AED 120,000 a yearNew contract, September 2021: AED 132,000 a yearNew contract, December 2022: AED 180,000 a yearRenewal, December 2023: AED 180,000 a yearRenewal, December 2024: AED 195,000 a yearRenewal, December 2024: AED 195,000 a yearRenewal, December 2025: AED 195,000 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 1601 sits

All 192 3-beds →

1601 last sold in December 2012 at AED 936 per sqft, 5% above 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. 1601's AED 195,000 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 16th floor

All 289 units in 23 Marina Tower
Value
16022-bedAED 1.79M · Dec 2012
16033-bedAED 3.15M · Sep 2026
16043-bedAED 1.7M · Jul 2021
16052-bedAED 2.08M · Aug 2025
16063-bedAED 1.87M · Apr 2022

1601, 23 Marina Tower in numbers

  • Sold twice: first on 5 July 2009 for AED 2,025,075, last on 13 December 2012 for AED 2,025,075 (AED 936 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 145,000 to AED 120,000 in 2020 and recovered to AED 195,000 by December 2025.
  • At AED 195,000 a year the gross yield on the 2012 price is 9.6%, 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 13 December 2025.

Questions about 1601, 23 Marina Tower

What did unit 1601 last sell for?

AED 2,025,075 on 13 December 2012: AED 936 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 2,025,075 in July 2009.

What is the rent for unit 1601?

AED 195,000 a year on the contract renewed on 13 December 2025. The previous contract, from December 2024, was AED 195,000; the unit has been rented since September 2013.

How big is unit 1601?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 16th floor of a 88-storey tower completed in 2012.

What is unit 1601 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 1601, 23 Marina Tower

Starts from the last sale price (AED 2.03M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,075
Deposit, UAE resident (20%)
AED 405,015
Deposit, non-resident (40%)
AED 810,030
Monthly over 25 years at 3.7%
AED 8,285

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