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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 41st floor · completed 2012

4101, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4101 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 4M17 July 2023
Current rentAED 200K /yr4 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4101, 23 Marina Tower

What is 4101 worth today?

Last sold for AED 4,000,000 in 2023

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17 Jul 2023SoldReady
AED 4,000,000AED 1,342 per sqft
26 Oct 2021SoldReady
AED 2,500,000AED 839 per sqft
4 Mar 2021RentedRenewal
AED 200,000/yr10 months · AED 67 per sqft
4 Mar 2020RentedRenewal
AED 200,000/yr12 months · AED 67 per sqft
4 Mar 2019RentedNew contract
AED 210,000/yr12 months · AED 70 per sqft
26 Jan 2018RentedRenewal
AED 215,000/yr12 months · AED 72 per sqft
26 Jan 2017RentedRenewal
AED 225,000/yr12 months · AED 75 per sqft
26 Jan 2016RentedRenewal
AED 230,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
41st of 88
Parking
B2-23,24
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 4M · July 2023
Building
23 Marina Tower

About 4101, 23 Marina Tower

4101 is a three-bedroom apartment of 2,980 sqft on the 41st floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 17 July 2023 for AED 4,000,000, or AED 1,342 per sqft, 16% above the AED 1,155 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 4 March 2021, is AED 200,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4101 over time

Sales
Unit 4101, 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, September 2009: AED 3,007,709 (AED 1,009 per sqft)Sold, December 2012: AED 3,007,709 (AED 1,009 per sqft)Sold, October 2021: AED 2,500,000 (AED 839 per sqft)Sold, July 2023: AED 4,000,000 (AED 1,342 per sqft)

4101 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4101, 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 2014: AED 253,001 a yearNew contract, January 2015: AED 230,000 a yearRenewal, January 2016: AED 230,000 a yearRenewal, January 2017: AED 225,000 a yearRenewal, January 2018: AED 215,000 a yearNew contract, March 2019: AED 210,000 a yearRenewal, March 2020: AED 200,000 a yearRenewal, March 2021: AED 200,000 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 4101 sits

All 192 3-beds →

4101 last sold in July 2023 at AED 1,342 per sqft, 16% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,155). 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. 4101's AED 200,000 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 41st floor

All 289 units in 23 Marina Tower
Value
41023-bedAED 4.99M · Oct 2015
41033-bedAED 2.69M · Dec 2012
41043-bedAED 2.7M · Dec 2012

4101, 23 Marina Tower in numbers

  • Sold 4 times: first on 9 September 2009 for AED 3,007,709, last on 17 July 2023 for AED 4,000,000 (AED 1,342 per sqft).
  • Rented since June 2014 on 8 Ejari contracts, from AED 253,001 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 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 17 July 2023.

Questions about 4101, 23 Marina Tower

What did unit 4101 last sell for?

AED 4,000,000 on 17 July 2023: AED 1,342 per sqft for 2,980 sqft. The unit has 4 registered sales; the first was AED 3,007,709 in September 2009.

What is the rent for unit 4101?

AED 200,000 a year on the contract renewed on 4 March 2021. The previous contract, from March 2020, was AED 200,000; the unit has been rented since June 2014.

How big is unit 4101?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 41st floor of a 88-storey tower completed in 2012.

What is unit 4101 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 4101, 23 Marina Tower

Starts from the last sale price (AED 4M, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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