3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 39th floor · completed 2012

3901, 23 Marina Tower

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3901 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 4.6M24 May 2024
Current rentAED 230K /yr3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3901, 23 Marina Tower

What is 3901 worth today?

Last sold for AED 4,600,000 in 2024

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24 May 2024SoldReady
AED 4,600,000AED 1,543 per sqft
3 Jul 2023RentedRenewal
AED 230,000/yr12 months · AED 77 per sqft
3 Jul 2022RentedRenewal
AED 175,000/yr12 months · AED 59 per sqft
3 Jul 2021RentedNew contract
AED 175,000/yr12 months · AED 59 per sqft
21 Oct 2020RentedRenewal
AED 155,000/yr12 months · AED 52 per sqft
21 Oct 2019RentedRenewal
AED 195,000/yr12 months · AED 65 per sqft
21 Oct 2018RentedNew contract
AED 195,000/yr12 months · AED 65 per sqft
20 Jul 2018RentedRenewal
AED 230,000/yr3 months · AED 77 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
39th of 88
Parking
B2-39,40
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 4.6M · May 2024

About 3901, 23 Marina Tower

3901 is a three-bedroom apartment of 2,980 sqft on the 39th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 24 May 2024 for AED 4,600,000, or AED 1,543 per sqft, 21% above the AED 1,275 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 3 July 2023, is AED 230,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 57,400 a year.

Sales and rents for 3901 over time

Sales
Unit 3901, each saleTypical three-bed in 23 Marina Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,591,257; 2010 AED 2,390,742; 2011 AED 1,856,941; 2012 AED 2,375,388; 2013 AED 2,699,226; 2014 AED 3,000,000; 2015 AED 3,300,000; 2016 AED 2,450,000; 2017 AED 2,605,000; 2018 AED 2,100,100; 2019 AED 2,000,000; 2020 AED 1,500,000; 2021 AED 2,200,000; 2022 AED 2,130,000; 2023 AED 3,465,000; 2024 AED 2,957,419; 2025 AED 3,850,001; 2026 AED 3,100,000Sold by developer, July 2009: AED 2,947,554 (AED 989 per sqft)Sold, August 2012: AED 3,600,000 (AED 1,208 per sqft)Sold, March 2013: AED 3,600,000 (AED 1,208 per sqft)Sold, April 2013: AED 4,250,000 (AED 1,426 per sqft)Sold, May 2024: AED 4,600,000 (AED 1,543 per sqft)

3901 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3901, each contractTypical three-bed in 23 Marina Tower
200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 182,308; 2014 AED 201,400; 2015 AED 216,500; 2016 AED 200,000; 2017 AED 190,000; 2018 AED 180,000; 2019 AED 165,000; 2020 AED 137,500; 2021 AED 145,000; 2022 AED 167,500; 2023 AED 200,000; 2024 AED 200,000; 2025 AED 209,200; 2026 AED 210,000New contract, June 2013: AED 265,000 a yearRenewal, June 2014: AED 265,000 a yearNew contract, February 2015: AED 270,000 a yearNew contract, March 2016: AED 210,000 a yearNew contract, July 2017: AED 230,000 a yearRenewal, July 2018: AED 230,000 a yearNew contract, October 2018: AED 195,000 a yearRenewal, October 2019: AED 195,000 a yearRenewal, October 2020: AED 155,000 a yearNew contract, July 2021: AED 175,000 a yearRenewal, July 2022: AED 175,000 a yearRenewal, July 2023: AED 230,000 a year

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 3901 sits

All 192 3-beds →

3901 last sold in May 2024 at AED 1,543 per sqft, 21% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,275). 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. 3901's AED 230,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Sep 20264,500,000
18 Sep 20262,900,000
16 Sep 20263,000,000
16 Sep 20262,950,000
9 3-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 39th floor

All 289 units in 23 Marina Tower
Value
39023-bedAED 2.78M · Dec 2012
39033-bedAED 3.8M · Aug 2023
39043-bedAED 2.78M · Dec 2012

3901, 23 Marina Tower in numbers

  • Sold 5 times: first on 16 July 2009 for AED 2,947,554, last on 24 May 2024 for AED 4,600,000 (AED 1,543 per sqft).
  • Rented since June 2013 on 12 Ejari contracts. The rent fell from AED 265,000 to AED 155,000 in 2020 and recovered to AED 230,000 by July 2023.
  • At AED 230,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 57,400 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 24 May 2024.

Questions about 3901, 23 Marina Tower

What did unit 3901 last sell for?

AED 4,600,000 on 24 May 2024: AED 1,543 per sqft for 2,980 sqft. The unit has 5 registered sales; the first was AED 2,947,554 in July 2009.

What is the rent for unit 3901?

AED 230,000 a year on the contract renewed on 3 July 2023. The previous contract, from July 2022, was AED 175,000; the unit has been rented since June 2013.

How big is unit 3901?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 39th floor of a 88-storey tower completed in 2012.

What is unit 3901 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 3901, 23 Marina Tower

Starts from the last sale price (AED 4.6M, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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