2506, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2506, 23 Marina Tower
What is 2506 worth today?
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Source: Dubai Land Department. Updated 13 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,161 sqft
- Floor
- 25th of 88
- Parking
- B2-5,6
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 2.2M · March 2023
- Building
- 23 Marina Tower
About 2506, 23 Marina Tower
2506 is a three-bedroom apartment of 2,161 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 13 March 2023 for AED 2,200,000, or AED 1,017 per sqft, 4% above the AED 979 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 4 November 2022, is AED 175,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 41,600 a year.
Sales and rents for 2506 over time
2506 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 2506 sits
All 192 3-beds →2506 last sold in March 2023 at AED 1,017 per sqft, 4% above what three-beds in 23 Marina Tower were fetching at the time (AED 979). 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. 2506's AED 175,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 2,980 sqft | 4,500,000 | 1,510 | ||
| 18 Sep 202618 September 2026 | 2,161 sqft | 2,900,000 | 1,341 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 3,000,000 | 1,388 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 2,950,000 | 1,364 |
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 25th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 2,161 sqft | AED 2.7MAED 2,700,000 · Nov 2017November 2017 | 210,000 /yr | |
| 2502 | 2-bed | 1,617 sqft | AED 2.1MAED 2,100,000 · Apr 2016April 2016 | 115,792 /yr | |
| 2503 | 3-bed | 2,146 sqft | AED 1.59MAED 1,590,000 · Aug 2020August 2020 | 220,000 /yr | |
| 2504 | 3-bed | 2,146 sqft | AED 1.97MAED 1,970,345 · Dec 2012December 2012 | 219,000 /yr | |
| 2505 | 2-bed | 1,617 sqft | AED 1.54MAED 1,536,849 · Dec 2012December 2012 |
2506, 23 Marina Tower in numbers
- Sold 4 times: first on 13 August 2009 for AED 1,905,000, last on 13 March 2023 for AED 2,200,000 (AED 1,017 per sqft).
- Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2020 and recovered to AED 175,000 by November 2022.
- At AED 175,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 41,600 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 13 March 2023.
Questions about 2506, 23 Marina Tower
What did unit 2506 last sell for?
AED 2,200,000 on 13 March 2023: AED 1,017 per sqft for 2,161 sqft. The unit has 4 registered sales; the first was AED 1,905,000 in August 2009.
What is the rent for unit 2506?
AED 175,000 a year on the contract signed on 4 November 2022. The previous contract, from August 2020, was AED 105,000; the unit has been rented since August 2014.
How big is unit 2506?
2,161 sqft (200.8 sqm): a three-bedroom apartment on the 25th floor of a 88-storey tower completed in 2012.
What is unit 2506 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 2506, 23 Marina Tower
Starts from the last sale price (AED 2.2M, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →