3-bed · 2,161 sqft23 Marina Tower, Dubai Marina · 17th floor · completed 2012

1701, 23 Marina Tower

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

Unit 1701 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.7M13 December 2012
Current rentAED 170K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1701, 23 Marina Tower

What is 1701 worth today?

Last sold for AED 1,696,686 in 2012

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1 Aug 2025RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
20 Jan 2024RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
20 Jan 2024RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
3 Jan 2024RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
3 Jan 2024RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
23 Sep 2022RentedRenewal
AED 126,500/yr12 months · AED 58 per sqft
23 Sep 2021RentedRenewal
AED 126,000/yr12 months · AED 58 per sqft
23 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
17th of 88
Parking
B4-23,24
Developer
Hircon International
Completed
2012
Service charge
AED 41,600 /yr
Last sold
AED 1.7M · December 2012

About 1701, 23 Marina Tower

1701 is a three-bedroom apartment of 2,161 sqft on the 17th 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 1,696,686, or AED 785 per sqft, 12% below the AED 891 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 1 August 2025, is AED 170,000 a year: a gross yield of 10.0% on the 2012 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1701 over time

Sales
Unit 1701, 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 1,696,686 (AED 785 per sqft)Sold, December 2012: AED 1,696,686 (AED 785 per sqft)

1701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1701, each contractTypical three-bed in 23 Marina Tower
100K150K200K2012201620202024Typical 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, August 2012: AED 145,000 a yearNew contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 195,000 a yearNew contract, October 2015: AED 180,000 a yearNew contract, October 2016: AED 180,000 a yearRenewal, October 2017: AED 165,000 a yearRenewal, October 2018: AED 155,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 126,000 a yearRenewal, September 2022: AED 126,500 a yearNew contract, January 2024: AED 180,000 a yearNew contract, January 2024: AED 180,000 a yearNew contract, January 2024: AED 180,000 a yearNew contract, January 2024: AED 180,000 a yearNew contract, August 2025: AED 170,000 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 1701 sits

All 192 3-beds →

1701 last sold in December 2012 at AED 785 per sqft, 12% 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. 1701's AED 170,000 is in the lower 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 17th floor

All 289 units in 23 Marina Tower
Value
17022-bedAED 2.06M · Apr 2016
17033-bedAED 1.75M · Dec 2012
17043-bedAED 2.2M · Jan 2018
17052-bedAED 1.15M · Jan 2020
17063-bedAED 1.97M · Feb 2013

1701, 23 Marina Tower in numbers

  • Sold twice: first on 5 July 2009 for AED 1,696,686, last on 13 December 2012 for AED 1,696,686 (AED 785 per sqft).
  • Rented since August 2012 on 15 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2020 and recovered to AED 170,000 by August 2025.
  • At AED 170,000 a year the gross yield on the 2012 price is 10.0%, 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 August 2025.

Questions about 1701, 23 Marina Tower

What did unit 1701 last sell for?

AED 1,696,686 on 13 December 2012: AED 785 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,696,686 in July 2009.

What is the rent for unit 1701?

AED 170,000 a year on the contract signed on 1 August 2025. The previous contract, from January 2024, was AED 180,000; the unit has been rented since August 2012.

How big is unit 1701?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 17th floor of a 88-storey tower completed in 2012.

What is unit 1701 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 1701, 23 Marina Tower

Starts from the last sale price (AED 1.7M, 13 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,696,686
Deposit, UAE resident (20%)
AED 339,337
Deposit, non-resident (40%)
AED 678,674
Monthly over 25 years at 3.7%
AED 6,942

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