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

3903, 23 Marina Tower

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

Unit 3903 · DLD and Ejari recordsUpdated 17 August 2023
Last soldAED 3.8M17 August 2023
Current rentAED 170K /yr14 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3903, 23 Marina Tower

What is 3903 worth today?

Last sold for AED 3,800,000 in 2023

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17 Aug 2023SoldReady
AED 3,800,000AED 1,275 per sqft
14 May 2022RentedRenewal
AED 170,000/yr12 months · AED 57 per sqft
14 May 2021RentedNew contract
AED 170,000/yr12 months · AED 57 per sqft
15 Apr 2020RentedRenewal
AED 168,000/yr12 months · AED 56 per sqft
15 Apr 2019RentedRenewal
AED 178,000/yr12 months · AED 60 per sqft
15 Apr 2018RentedRenewal
AED 183,000/yr12 months · AED 61 per sqft
15 Apr 2017RentedNew contract
AED 190,000/yr12 months · AED 64 per sqft
10 Nov 2015RentedRenewal
AED 210,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 17 August 2023.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
39th of 88
Parking
B2-35,36
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.8M · August 2023

About 3903, 23 Marina Tower

3903 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 17 August 2023 for AED 3,800,000, or AED 1,275 per sqft, 10% above the AED 1,160 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 14 May 2022, is AED 170,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 57,400 a year.

Sales and rents for 3903 over time

Sales
Unit 3903, 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, August 2009: AED 4,164,520 (AED 1,397 per sqft)Sold, December 2012: AED 4,164,520 (AED 1,397 per sqft)Sold, August 2023: AED 3,800,000 (AED 1,275 per sqft)

3903 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3903, each contractTypical three-bed in 23 Marina Tower
150K200K2012201620202024Typical 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, November 2013: AED 200,000 a yearRenewal, November 2014: AED 210,000 a yearRenewal, November 2015: AED 210,000 a yearNew contract, April 2017: AED 190,000 a yearRenewal, April 2018: AED 183,000 a yearRenewal, April 2019: AED 178,000 a yearRenewal, April 2020: AED 168,000 a yearNew contract, May 2021: AED 170,000 a yearRenewal, May 2022: AED 170,000 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 3903 sits

All 192 3-beds →

3903 last sold in August 2023 at AED 1,275 per sqft, 10% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,160). 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. 3903's AED 170,000 is in the lower 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
39013-bedAED 4.6M · May 2024
39023-bedAED 2.78M · Dec 2012
39043-bedAED 2.78M · Dec 2012

3903, 23 Marina Tower in numbers

  • Sold 3 times: first on 10 August 2009 for AED 4,164,520, last on 17 August 2023 for AED 3,800,000 (AED 1,275 per sqft).
  • Rented since November 2013 on 9 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 4.5%, 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 17 August 2023.

Questions about 3903, 23 Marina Tower

What did unit 3903 last sell for?

AED 3,800,000 on 17 August 2023: AED 1,275 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 4,164,520 in August 2009.

What is the rent for unit 3903?

AED 170,000 a year on the contract renewed on 14 May 2022. The previous contract, from May 2021, was AED 170,000; the unit has been rented since November 2013.

How big is unit 3903?

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 3903 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 3903, 23 Marina Tower

Starts from the last sale price (AED 3.8M, 17 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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