3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 44th floor · completed 2012

4404, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4404 · DLD and Ejari recordsUpdated 7 August 2023
Last soldAED 5.24M25 December 2012
Current rentAED 150K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4404, 23 Marina Tower

What is 4404 worth today?

Last sold for AED 5,244,211 in 2012

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7 Aug 2023RentedRenewal
AED 150,491/yr12 months · AED 50 per sqft
7 Aug 2022RentedRenewal
AED 143,325/yr12 months · AED 48 per sqft
7 Aug 2021RentedRenewal
AED 136,500/yr12 months · AED 46 per sqft
7 Aug 2020RentedNew contract
AED 130,000/yr12 months · AED 44 per sqft
7 Sep 2019RentedRenewal
AED 175,000/yr6 months · AED 59 per sqft
7 Sep 2018RentedRenewal
AED 175,000/yr12 months · AED 59 per sqft
7 Sep 2017RentedNew contract
AED 175,000/yr12 months · AED 59 per sqft
31 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 7 August 2023.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
44th of 88
Parking
B1-81,82
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 5.24M · December 2012

About 4404, 23 Marina Tower

4404 is a three-bedroom apartment of 2,980 sqft on the 44th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 25 December 2012 for AED 5,244,211, or AED 1,759 per sqft, 94% above the AED 906 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 7 August 2023, is AED 150,491 a year: a gross yield of 2.9% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4404 over time

Sales
Unit 4404, 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 5,244,211 (AED 1,759 per sqft)Sold, December 2012: AED 5,244,211 (AED 1,759 per sqft)

4404 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4404, 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, August 2015: AED 184,800 a yearNew contract, July 2016: AED 175,000 a yearNew contract, September 2017: AED 175,000 a yearRenewal, September 2018: AED 175,000 a yearRenewal, September 2019: AED 175,000 a yearNew contract, August 2020: AED 130,000 a yearRenewal, August 2021: AED 136,500 a yearRenewal, August 2022: AED 143,325 a yearRenewal, August 2023: AED 150,491 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 4404 sits

All 192 3-beds →

4404 last sold in December 2012 at AED 1,759 per sqft, 94% above what three-beds in 23 Marina Tower were fetching at the time (AED 906). 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. 4404's AED 150,491 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 44th floor

All 289 units in 23 Marina Tower
Value
44013-bedAED 5M · Dec 2013
44023-bedAED 2.81M · Dec 2012
44033-bedAED 4M · Nov 2016

4404, 23 Marina Tower in numbers

  • Sold twice: first on 16 July 2009 for AED 5,244,211, last on 25 December 2012 for AED 5,244,211 (AED 1,759 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 184,800 to AED 130,000 in 2020 and recovered to AED 150,491 by August 2023.
  • At AED 150,491 a year the gross yield on the 2012 price is 2.9%, 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 7 August 2023.

Questions about 4404, 23 Marina Tower

What did unit 4404 last sell for?

AED 5,244,211 on 25 December 2012: AED 1,759 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 5,244,211 in July 2009.

What is the rent for unit 4404?

AED 150,491 a year on the contract renewed on 7 August 2023. The previous contract, from August 2022, was AED 143,325; the unit has been rented since August 2015.

How big is unit 4404?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 44th floor of a 88-storey tower completed in 2012.

What is unit 4404 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 4404, 23 Marina Tower

Starts from the last sale price (AED 5.24M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 5,244,211
Deposit, UAE resident (20%)
AED 1,048,842
Deposit, non-resident (40%)
AED 2,097,684
Monthly over 25 years at 3.7%
AED 21,456

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