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

4102, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4102 · DLD and Ejari recordsUpdated 19 April 2022
Last soldAED 4.99M8 October 2015
Current rentAED 150K /yr19 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4102, 23 Marina Tower

What is 4102 worth today?

Last sold for AED 4,987,500 in 2015

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19 Apr 2022RentedNew contract
AED 150,000/yr60 months · AED 50 per sqft
8 Oct 2015SoldReady
AED 4,987,500AED 1,673 per sqft
9 Sep 2013RentedNew contract
AED 220,000/yr12 months · AED 74 per sqft
25 Dec 2012SoldReady
AED 2,714,650AED 911 per sqft
9 Sep 2009Sold by developerOff-plan
AED 2,714,650AED 911 per sqft

Source: Dubai Land Department. Updated 19 April 2022.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
41st of 88
Parking
B2-21,22
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 4.99M · October 2015

About 4102, 23 Marina Tower

4102 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 8 October 2015 for AED 4,987,500, or AED 1,673 per sqft, 9% above the AED 1,537 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 19 April 2022, is AED 150,000 a year: a gross yield of 3.0% on the 2015 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4102 over time

Sales
Unit 4102, 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 2,714,650 (AED 911 per sqft)Sold, December 2012: AED 2,714,650 (AED 911 per sqft)Sold, October 2015: AED 4,987,500 (AED 1,673 per sqft)

4102 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4102, 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, September 2013: AED 220,000 a yearNew contract, April 2022: AED 150,000 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 4102 sits

All 192 3-beds →

4102 last sold in October 2015 at AED 1,673 per sqft, 9% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,537). 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. 4102's AED 150,000 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 41st floor

All 289 units in 23 Marina Tower
Value
41013-bedAED 4M · Jul 2023
41033-bedAED 2.69M · Dec 2012
41043-bedAED 2.7M · Dec 2012

4102, 23 Marina Tower in numbers

  • Sold 3 times: first on 9 September 2009 for AED 2,714,650, last on 8 October 2015 for AED 4,987,500 (AED 1,673 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 220,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2015 price is 3.0%, 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 19 April 2022.

Questions about 4102, 23 Marina Tower

What did unit 4102 last sell for?

AED 4,987,500 on 8 October 2015: AED 1,673 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,714,650 in September 2009.

What is the rent for unit 4102?

AED 150,000 a year on the contract signed on 19 April 2022. The previous contract, from September 2013, was AED 220,000.

How big is unit 4102?

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 4102 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 4102, 23 Marina Tower

Starts from the last sale price (AED 4.99M, 8 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,987,500
Deposit, UAE resident (20%)
AED 997,500
Deposit, non-resident (40%)
AED 1,995,000
Monthly over 25 years at 3.7%
AED 20,405

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