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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 47th floor · completed 2012

4704, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 10 February 2014
Last soldAED 4.1M10 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4704, 23 Marina Tower

What is 4704 worth today?

Last sold for AED 4,100,000 in 2014

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10 Feb 2014SoldReady
AED 4,100,000AED 1,375 per sqft
25 Dec 2012SoldReady
AED 2,683,794AED 900 per sqft
20 Jul 2009Sold by developerOff-plan
AED 2,683,794AED 900 per sqft

Source: Dubai Land Department. Updated 10 February 2014.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
47th of 88
Parking
B1-63,64
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 4.1M · February 2014
Building
23 Marina Tower

About 4704, 23 Marina Tower

4704 is a three-bedroom apartment of 2,980 sqft on the 47th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 10 February 2014 for AED 4,100,000, or AED 1,375 per sqft, 28% above the AED 1,075 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4704 over time

Sales
Unit 4704, 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 2,683,794 (AED 900 per sqft)Sold, December 2012: AED 2,683,794 (AED 900 per sqft)Sold, February 2014: AED 4,100,000 (AED 1,375 per sqft)

4704 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4704, 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 210,000

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 4704 sits

All 192 3-beds →

4704 last sold in February 2014 at AED 1,375 per sqft, 28% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,075). 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.

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 47th floor

All 289 units in 23 Marina Tower
Value
47013-bedAED 4.4M · Sep 2024
47023-bedAED 4.3M · Aug 2024
47033-bedAED 3.7M · Dec 2012

4704, 23 Marina Tower in numbers

  • Sold 3 times: first on 20 July 2009 for AED 2,683,794, last on 10 February 2014 for AED 4,100,000 (AED 1,375 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 10 February 2014.

Questions about 4704, 23 Marina Tower

What did unit 4704 last sell for?

AED 4,100,000 on 10 February 2014: AED 1,375 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,683,794 in July 2009.

How big is unit 4704?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 47th floor of a 88-storey tower completed in 2012.

What is unit 4704 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 4704, 23 Marina Tower

Starts from the last sale price (AED 4.1M, 10 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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