3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 22nd floor · completed 2012

2203, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 2.8M18 January 2024
Current rentAED 135K /yr3 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, 23 Marina Tower

What is 2203 worth today?

Last sold for AED 2,800,000 in 2024

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18 Jan 2024SoldReady
AED 2,800,000AED 1,304 per sqft
3 Jul 2022RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
3 Jul 2021RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
17 Dec 2018RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
25 Nov 2015RentedRenewal
AED 200,000/yr12 months · AED 93 per sqft
25 Nov 2014RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
24 Dec 2012SoldReady
AED 1,904,665AED 887 per sqft
29 Jun 2012RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
22nd of 88
Parking
B3-45,46
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 2.8M · January 2024

About 2203, 23 Marina Tower

2203 is a three-bedroom apartment of 2,146 sqft on the 22nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 18 January 2024 for AED 2,800,000, or AED 1,304 per sqft, 6% above the AED 1,233 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 3 July 2022, is AED 135,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 41,300 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 1,904,665 (AED 887 per sqft)Sold, December 2012: AED 1,904,665 (AED 887 per sqft)Sold, January 2024: AED 2,800,000 (AED 1,304 per sqft)

2203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2203, 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, June 2012: AED 150,000 a yearNew contract, November 2014: AED 200,000 a yearRenewal, November 2015: AED 200,000 a yearNew contract, December 2018: AED 165,000 a yearNew contract, July 2021: AED 135,000 a yearRenewal, July 2022: AED 135,000 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 2203 sits

All 192 3-beds →

2203 last sold in January 2024 at AED 1,304 per sqft, 6% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,233). 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. 2203's AED 135,000 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 22nd floor

All 289 units in 23 Marina Tower
Value
22013-bedAED 3.05M · Jun 2025
22022-bedAED 2.05M · Apr 2016
22043-bedAED 3.7M · Jan 2025
22052-bedAED 1.65M · Mar 2023
22063-bedAED 1.73M · Dec 2012

2203, 23 Marina Tower in numbers

  • Sold 3 times: first on 7 July 2009 for AED 1,904,665, last on 18 January 2024 for AED 2,800,000 (AED 1,304 per sqft).
  • Rented since June 2012 on 6 Ejari contracts, from AED 150,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 41,300 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 January 2024.

Questions about 2203, 23 Marina Tower

What did unit 2203 last sell for?

AED 2,800,000 on 18 January 2024: AED 1,304 per sqft for 2,146 sqft. The unit has 3 registered sales; the first was AED 1,904,665 in July 2009.

What is the rent for unit 2203?

AED 135,000 a year on the contract renewed on 3 July 2022. The previous contract, from July 2021, was AED 135,000; the unit has been rented since June 2012.

How big is unit 2203?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 22nd floor of a 88-storey tower completed in 2012.

What is unit 2203 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 2203, 23 Marina Tower

Starts from the last sale price (AED 2.8M, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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