2702, 23 Marina Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2702, 23 Marina Tower
What is 2702 worth today?
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Source: Dubai Land Department. Updated 5 March 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,617 sqft
- Floor
- 27th of 88
- Parking
- B1-87
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.41M · December 2012
- Building
- 23 Marina Tower
About 2702, 23 Marina Tower
2702 is a two-bedroom apartment of 1,617 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 10 December 2012 for AED 1,408,943, or AED 871 per sqft, 6% below the AED 929 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 5 March 2020, is AED 120,000 a year: a gross yield of 8.5% on the 2012 price, before the service charge of about AED 31,100 a year.
Sales and rents for 2702 over time
2702 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2702 sits
All 48 2-beds →2702 last sold in December 2012 at AED 871 per sqft, 6% below 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. 2702's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 1,617 sqft | 2,100,000 | 1,298 | ||
| 22 Jul 202622 July 2026 | 1,617 sqft | 2,150,000 | 1,329 | ||
| 12 Jun 202612 June 2026 | 1,617 sqft | 3,250,000 | 2,009 | ||
| 30 Oct 202530 October 2025 | 1,617 sqft | 2,200,000 | 1,360 |
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 | |||||
|---|---|---|---|---|---|
| 2701 | 3-bed | 2,161 sqft | AED 2.05MAED 2,050,000 · Jun 2022June 2022 | 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 |
2702, 23 Marina Tower in numbers
- Sold twice: first on 9 July 2009 for AED 1,408,943, last on 10 December 2012 for AED 1,408,943 (AED 871 per sqft).
- Rented since May 2012 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 79,950 in 2014 and recovered to AED 120,000 by March 2020.
- At AED 120,000 a year the gross yield on the 2012 price is 8.5%, 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 5 March 2020.
Questions about 2702, 23 Marina Tower
What did unit 2702 last sell for?
AED 1,408,943 on 10 December 2012: AED 871 per sqft for 1,617 sqft. The unit has 2 registered sales; the first was AED 1,408,943 in July 2009.
What is the rent for unit 2702?
AED 120,000 a year on the contract signed on 5 March 2020. The previous contract, from May 2014, was AED 79,950; the unit has been rented since May 2012.
How big is unit 2702?
1,617 sqft (150.2 sqm): a two-bedroom apartment on the 27th floor of a 88-storey tower completed in 2012.
What is unit 2702 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 2702, 23 Marina Tower
Starts from the last sale price (AED 1.41M, 10 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,408,943
- Deposit, UAE resident (20%)
- AED 281,789
- Deposit, non-resident (40%)
- AED 563,577
- Monthly over 25 years at 3.7%
- AED 5,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →