2-bed · 1,617 sqft23 Marina Tower, Dubai Marina · 26th floor · completed 2012

2602, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in December 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2602 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.33M21 December 2023
Current rentAED 158K /yr14 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2602, 23 Marina Tower

What is 2602 worth today?

Last sold for AED 2,325,000 in 2023

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21 Dec 2023SoldReady
AED 2,325,000AED 1,437 per sqft
2 Nov 2014SoldReady
AED 2,800,000AED 1,731 per sqft
14 Aug 2014RentedNew contract
AED 158,000/yr12 months · AED 98 per sqft
14 Aug 2013RentedNew contract
AED 158,000/yr12 months · AED 98 per sqft
25 Mar 2013Sold by developerReady
AED 683,044AED 422 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
26th of 88
Parking
B4-53
Developer
Hircon International
Completed
2012
Service charge
AED 31,100 /yr
Last sold
AED 2.33M · December 2023

About 2602, 23 Marina Tower

2602 is a two-bedroom apartment of 1,617 sqft on the 26th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 21 December 2023 for AED 2,325,000, or AED 1,437 per sqft, 29% above the AED 1,113 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 14 August 2014, is AED 158,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2602 over time

Sales
Unit 2602, each saleTypical two-bed in 23 Marina Tower
1M2M3M2009201420192024Typical 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, March 2013: AED 683,044 (AED 422 per sqft)Sold, November 2014: AED 2,800,000 (AED 1,731 per sqft)Sold, December 2023: AED 2,325,000 (AED 1,437 per sqft)

2602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2602, each contractTypical two-bed in 23 Marina Tower
100K150K2012201620202024Typical 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 132,500New contract, August 2013: AED 158,000 a yearNew contract, August 2014: AED 158,000 a year

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 2602 sits

All 48 2-beds →

2602 last sold in December 2023 at AED 1,437 per sqft, 29% above what two-beds in 23 Marina Tower were fetching at the time (AED 1,113). 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. 2602's AED 158,000 is in the lower half of that range.

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 26th floor

All 289 units in 23 Marina Tower
Value
26013-bedAED 1.9M · Dec 2012
26033-bedAED 3.2M · Mar 2025
26043-bedAED 1.77M · Dec 2012
26052-bedAED 918K · Oct 2016
26063-bedAED 2.58M · Aug 2024

2602, 23 Marina Tower in numbers

  • Sold 3 times: first on 25 March 2013 for AED 683,044, last on 21 December 2023 for AED 2,325,000 (AED 1,437 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, at AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2023 price is 6.8%, 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 21 December 2023.

Questions about 2602, 23 Marina Tower

What did unit 2602 last sell for?

AED 2,325,000 on 21 December 2023: AED 1,437 per sqft for 1,617 sqft. The unit has 3 registered sales; the first was AED 683,044 in March 2013.

What is the rent for unit 2602?

AED 158,000 a year on the contract signed on 14 August 2014. The previous contract, from August 2013, was AED 158,000.

How big is unit 2602?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 26th floor of a 88-storey tower completed in 2012.

What is unit 2602 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 2602, 23 Marina Tower

Starts from the last sale price (AED 2.33M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

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