2402, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in September 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, 23 Marina Tower
What is 2402 worth today?
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Source: Dubai Land Department. Updated 27 September 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 24th of 88
- Parking
- B4-57
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2M · September 2018
- Building
- 23 Marina Tower
About 2402, 23 Marina Tower
2402 is a two-bedroom apartment of 1,617 sqft on the 24th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 27 September 2018 for AED 2,000,000, or AED 1,236 per sqft, in line with the AED 1,205 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 24 May 2017, is AED 160,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2402 over time
2402 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 2402 sits
All 48 2-beds →2402 last sold in September 2018 at AED 1,236 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 1,205). 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. 2402's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,617 sqft | 2,100,000 | 1,298 | ||
| 22 Jul 202622 July 2026 | 1,617 sqft | 2,150,000 | 1,329 | ||
| 12 Jun 202612 June 2026 | 1,617 sqft | 3,250,000 | 2,009 | ||
| 30 Oct 202530 October 2025 | 1,617 sqft | 2,200,000 | 1,360 |
23 Marina Tower
Building289 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%
Other units on the 24th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 2,161 sqft | AED 1.81MAED 1,806,149 · Mar 2013March 2013 | 195,000 /yr | |
| 2403 | 3-bed | 2,146 sqft | AED 2.7MAED 2,700,000 · Nov 2023November 2023 | 175,000 /yr | |
| 2404 | 3-bed | 2,146 sqft | AED 3.3MAED 3,300,000 · Jul 2024July 2024 | 160,000 /yr | |
| 2405 | 2-bed | 1,617 sqft | AED 1.75MAED 1,750,000 · Oct 2013October 2013 | 135,000 /yr | |
| 2406 | 3-bed | 2,161 sqft | AED 1.85MAED 1,850,000 · Mar 2023March 2023 | 140,000 /yr |
2402, 23 Marina Tower in numbers
- Sold 4 times: first on 16 July 2009 for AED 1,579,540, last on 27 September 2018 for AED 2,000,000 (AED 1,236 per sqft).
- Rented since November 2012 on 4 Ejari contracts, from AED 130,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 8.0%, 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 27 September 2018.
Questions about 2402, 23 Marina Tower
What did unit 2402 last sell for?
AED 2,000,000 on 27 September 2018: AED 1,236 per sqft for 1,617 sqft. The unit has 4 registered sales; the first was AED 1,579,540 in July 2009.
What is the rent for unit 2402?
AED 160,000 a year on the contract signed on 24 May 2017. The previous contract, from June 2015, was AED 200,000; the unit has been rented since November 2012.
How big is unit 2402?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 24th floor of a 88-storey tower completed in 2012.
What is unit 2402 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 2402, 23 Marina Tower
Starts from the last sale price (AED 2M, 27 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →