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2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 25th floor · completed 2012

2505, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2505 · DLD and Ejari recordsUpdated 10 December 2012
Last soldAED 1.54M10 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2505, 23 Marina Tower

What is 2505 worth today?

Last sold for AED 1,536,849 in 2012

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10 Dec 2012SoldReady
AED 1,536,849AED 950 per sqft
16 Jul 2009Sold by developerOff-plan
AED 1,536,849AED 950 per sqft

Source: Dubai Land Department. Updated 10 December 2012.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
25th of 88
Parking
P1-20
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 1.54M · December 2012
Building
23 Marina Tower

About 2505, 23 Marina Tower

2505 is a two-bedroom apartment of 1,617 sqft on the 25th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 10 December 2012 for AED 1,536,849, or AED 950 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2505 over time

Sales
Unit 2505, 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, July 2009: AED 1,536,849 (AED 950 per sqft)Sold, December 2012: AED 1,536,849 (AED 950 per sqft)

2505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2505, each contractTypical two-bed in 23 Marina Tower
100K125K150K2012201620202024Typical 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 132,500

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 2505 sits

All 48 2-beds →

2505 last sold in December 2012 at AED 950 per sqft, in line with what two-beds in 23 Marina Tower were fetching at the time (AED 929). 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.

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 25th floor

All 289 units in 23 Marina Tower
Value
25013-bedAED 2.7M · Nov 2017
25022-bedAED 2.1M · Apr 2016
25033-bedAED 1.59M · Aug 2020
25043-bedAED 1.97M · Dec 2012
25063-bedAED 2.2M · Mar 2023

2505, 23 Marina Tower in numbers

  • Sold twice: first on 16 July 2009 for AED 1,536,849, last on 10 December 2012 for AED 1,536,849 (AED 950 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 10 December 2012.

Questions about 2505, 23 Marina Tower

What did unit 2505 last sell for?

AED 1,536,849 on 10 December 2012: AED 950 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,536,849 in July 2009.

How big is unit 2505?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 25th floor of a 88-storey tower completed in 2012.

What is unit 2505 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 2505, 23 Marina Tower

Starts from the last sale price (AED 1.54M, 10 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,536,849
Deposit, UAE resident (20%)
AED 307,370
Deposit, non-resident (40%)
AED 614,740
Monthly over 25 years at 3.7%
AED 6,288

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