3-bed · 2,146 sqft23 Marina Tower, Dubai Marina · 24th floor · completed 2012

2404, 23 Marina Tower

Sold prices and rental history: sold 5 times, last in July 2024, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 3.3M24 July 2024
Current rentAED 160K /yr12 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, 23 Marina Tower

What is 2404 worth today?

Last sold for AED 3,300,000 in 2024

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24 Jul 2024SoldReady
AED 3,300,000AED 1,537 per sqft
16 Mar 2023SoldReady
AED 2,450,000AED 1,141 per sqft
12 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 75 per sqft
21 Jan 2013SoldReady
AED 2,150,000AED 1,001 per sqft
24 Dec 2012SoldReady
AED 1,970,345AED 918 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,970,345AED 918 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
3-bed apartment
Size
2,146 sqft
Floor
24th of 88
Parking
B3-29,30
Developer
Hircon International
Completed
2012
Service charge
AED 41,300 /yr
Last sold
AED 3.3M · July 2024

About 2404, 23 Marina Tower

2404 is a three-bedroom apartment of 2,146 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 24 July 2024 for AED 3,300,000, or AED 1,537 per sqft, 19% above the AED 1,289 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 September 2021. The current contract, signed on 12 September 2021, is AED 160,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 41,300 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, June 2009: AED 1,970,345 (AED 918 per sqft)Sold, December 2012: AED 1,970,345 (AED 918 per sqft)Sold, January 2013: AED 2,150,000 (AED 1,001 per sqft)Sold, March 2023: AED 2,450,000 (AED 1,141 per sqft)Sold, July 2024: AED 3,300,000 (AED 1,537 per sqft)

2404 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2404, 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 2021: AED 160,000 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 2404 sits

All 192 3-beds →

2404 last sold in July 2024 at AED 1,537 per sqft, 19% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,289). 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. 2404's AED 160,000 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 24th floor

All 289 units in 23 Marina Tower
Value
24013-bedAED 1.81M · Mar 2013
24022-bedAED 2M · Sep 2018
24033-bedAED 2.7M · Nov 2023
24052-bedAED 1.75M · Oct 2013
24063-bedAED 1.85M · Mar 2023

2404, 23 Marina Tower in numbers

  • Sold 5 times: first on 7 June 2009 for AED 1,970,345, last on 24 July 2024 for AED 3,300,000 (AED 1,537 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.9%, 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 24 July 2024.

Questions about 2404, 23 Marina Tower

What did unit 2404 last sell for?

AED 3,300,000 on 24 July 2024: AED 1,537 per sqft for 2,146 sqft. The unit has 5 registered sales; the first was AED 1,970,345 in June 2009.

What is the rent for unit 2404?

AED 160,000 a year on the contract signed on 12 September 2021.

How big is unit 2404?

2,146 sqft (199.4 sqm): a three-bedroom apartment on the 24th floor of a 88-storey tower completed in 2012.

What is unit 2404 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 2404, 23 Marina Tower

Starts from the last sale price (AED 3.3M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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