2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 17th floor · completed 2012

1702, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 2.06M27 April 2016
Current rentAED 150K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, 23 Marina Tower

What is 1702 worth today?

Last sold for AED 2,060,000 in 2016

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25 Feb 2025RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft
25 Feb 2025RentedNew contract
AED 150,000/yr12 months · AED 93 per sqft
25 Feb 2024RentedNew contract
AED 160,000/yr12 months · AED 99 per sqft
25 Feb 2024RentedNew contract
AED 160,000/yr12 months · AED 99 per sqft
5 Jan 2023RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
5 Jan 2022RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
5 Jul 2021RentedRenewal
AED 102,000/yr6 months · AED 63 per sqft
5 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
17th of 88
Parking
B4-71
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 2.06M · April 2016

About 1702, 23 Marina Tower

1702 is a two-bedroom apartment of 1,617 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 27 April 2016 for AED 2,060,000, or AED 1,273 per sqft, in line with the AED 1,267 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 25 February 2025, is AED 150,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in 23 Marina Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,519,230; 2010 AED 1,404,509; 2012 AED 1,494,159; 2013 AED 1,408,778; 2014 AED 2,400,000; 2016 AED 1,985,000; 2018 AED 1,950,000; 2020 AED 1,150,000; 2021 AED 1,225,000; 2023 AED 1,787,500; 2025 AED 2,200,000; 2026 AED 2,150,000Sold by developer, August 2009: AED 1,366,088 (AED 844 per sqft)Sold, August 2012: AED 1,860,000 (AED 1,150 per sqft)Sold, March 2013: AED 1,860,000 (AED 1,150 per sqft)Sold, April 2016: AED 2,060,000 (AED 1,273 per sqft)

1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 132,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 149,000; 2018 AED 127,000; 2019 AED 118,169; 2020 AED 109,000; 2021 AED 95,000; 2022 AED 105,000; 2023 AED 121,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 132,500New contract, October 2017: AED 142,000 a yearRenewal, October 2018: AED 142,000 a yearNew contract, June 2019: AED 119,337 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2021: AED 102,000 a yearRenewal, January 2022: AED 105,000 a yearRenewal, January 2023: AED 105,000 a yearNew contract, February 2024: AED 160,000 a yearNew contract, February 2024: AED 160,000 a yearNew contract, February 2025: AED 150,000 a yearNew contract, February 2025: AED 150,000 a year

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 1702 sits

All 48 2-beds →

1702 last sold in April 2016 at AED 1,273 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 1,267). 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. 1702's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20262,100,000
22 Jul 20262,150,000
12 Jun 20263,250,000
30 Oct 20252,200,000
3 2-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
17013-bedAED 1.7M · Dec 2012
17033-bedAED 1.75M · Dec 2012
17043-bedAED 2.2M · Jan 2018
17052-bedAED 1.15M · Jan 2020
17063-bedAED 1.97M · Feb 2013

1702, 23 Marina Tower in numbers

  • Sold 4 times: first on 10 August 2009 for AED 1,366,088, last on 27 April 2016 for AED 2,060,000 (AED 1,273 per sqft).
  • Rented since October 2017 on 11 Ejari contracts. The rent fell from AED 142,000 to AED 100,000 in 2020 and recovered to AED 150,000 by February 2025.
  • At AED 150,000 a year the gross yield on the 2016 price is 7.3%, 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 25 February 2025.

Questions about 1702, 23 Marina Tower

What did unit 1702 last sell for?

AED 2,060,000 on 27 April 2016: AED 1,273 per sqft for 1,617 sqft. The unit has 4 registered sales; the first was AED 1,366,088 in August 2009.

What is the rent for unit 1702?

AED 150,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2025, was AED 150,000; the unit has been rented since October 2017.

How big is unit 1702?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 17th floor of a 88-storey tower completed in 2012.

What is unit 1702 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 1702, 23 Marina Tower

Starts from the last sale price (AED 2.06M, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,060,000
Deposit, UAE resident (20%)
AED 412,000
Deposit, non-resident (40%)
AED 824,000
Monthly over 25 years at 3.7%
AED 8,428

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