2701, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, 23 Marina Tower
What is 2701 worth today?
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Source: Dubai Land Department. Updated 20 June 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,161 sqft
- Floor
- 27th of 88
- Parking
- B4-1,2
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 41,600 /yr
- Last sold
- AED 2.05M · June 2022
- Building
- 23 Marina Tower
About 2701, 23 Marina Tower
2701 is a three-bedroom apartment of 2,161 sqft on the 27th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 20 June 2022 for AED 2,050,000, or AED 948 per sqft, 13% above the AED 839 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 January 2021, is AED 120,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 41,600 a year.
Sales and rents for 2701 over time
2701 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 2701 sits
All 192 3-beds →2701 last sold in June 2022 at AED 948 per sqft, 13% above what three-beds in 23 Marina Tower were fetching at the time (AED 839). 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. 2701's AED 120,000 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 27th floor
All 289 units in 23 Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | 2-bed | 1,617 sqft | AED 1.41MAED 1,408,943 · Dec 2012December 2012 | 120,000 /yr | |
| 2703 | 3-bed | 2,146 sqft | AED 2MAED 2,000,000 · Mar 2019March 2019 | 177,913 /yr | |
| 2704 | 3-bed | 2,146 sqft | AED 1.77MAED 1,773,309 · Dec 2012December 2012 | 85,000 /yr | |
| 2705 | 2-bed | 1,617 sqft | AED 1.41MAED 1,408,943 · Dec 2012December 2012 | 140,000 /yr | |
| 2706 | 3-bed | 2,161 sqft | AED 1.81MAED 1,806,148 · Dec 2012December 2012 | 135,000 /yr |
2701, 23 Marina Tower in numbers
- Sold 4 times: first on 17 August 2009 for AED 1,806,149, last on 20 June 2022 for AED 2,050,000 (AED 948 per sqft).
- Rented since August 2013 on 7 Ejari contracts, from AED 150,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 5.9%, 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 20 June 2022.
Questions about 2701, 23 Marina Tower
What did unit 2701 last sell for?
AED 2,050,000 on 20 June 2022: AED 948 per sqft for 2,161 sqft. The unit has 4 registered sales; the first was AED 1,806,149 in August 2009.
What is the rent for unit 2701?
AED 120,000 a year on the contract signed on 21 January 2021. The previous contract, from February 2020, was AED 132,500; the unit has been rented since August 2013.
How big is unit 2701?
2,161 sqft (200.8 sqm): a three-bedroom apartment on the 27th floor of a 88-storey tower completed in 2012.
What is unit 2701 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 2701, 23 Marina Tower
Starts from the last sale price (AED 2.05M, 20 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →