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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 49th floor · completed 2012

4902, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4902 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 2.7M25 December 2012
Current rentAED 180K /yr3 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4902, 23 Marina Tower

What is 4902 worth today?

Last sold for AED 2,699,227 in 2012

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3 Jul 2023RentedRenewal
AED 180,001/yr8 months · AED 61 per sqft
4 Jul 2022RentedRenewal
AED 180,000/yr12 months · AED 61 per sqft
4 Jul 2021RentedNew contract
AED 180,000/yr12 months · AED 60 per sqft
15 Jan 2021RentedNew contract
AED 145,000/yr12 months · AED 49 per sqft
16 May 2020RentedNew contract
AED 160,000/yr12 months · AED 54 per sqft
13 May 2019RentedRenewal
AED 200,000/yr12 months · AED 67 per sqft
13 May 2018RentedRenewal
AED 209,000/yr12 months · AED 70 per sqft
13 May 2017RentedNew contract
AED 209,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
49th of 88
Parking
B1-51,52
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.7M · December 2012
Building
23 Marina Tower

About 4902, 23 Marina Tower

4902 is a three-bedroom apartment of 2,980 sqft on the 49th 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 2,699,227, or AED 905 per sqft, in line with the AED 906 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 3 July 2023, is AED 180,001 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 4902 over time

Sales
Unit 4902, 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 2,699,227 (AED 905 per sqft)Sold, December 2012: AED 2,699,227 (AED 905 per sqft)

4902 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4902, 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, January 2013: AED 196,825 a yearNew contract, May 2017: AED 209,000 a yearRenewal, May 2018: AED 209,000 a yearRenewal, May 2019: AED 200,000 a yearNew contract, May 2020: AED 160,000 a yearNew contract, January 2021: AED 145,000 a yearNew contract, July 2021: AED 180,000 a yearRenewal, July 2022: AED 180,000 a yearRenewal, July 2023: AED 180,001 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 4902 sits

All 192 3-beds →

4902 last sold in December 2012 at AED 905 per sqft, in line with 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. 4902's AED 180,001 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 49th floor

All 289 units in 23 Marina Tower
Value
49013-bedAED 3M · Mar 2018
49033-bedAED 2.39M · Jan 2013
49043-bedAED 4M · Jun 2025

4902, 23 Marina Tower in numbers

  • Sold twice: first on 20 July 2009 for AED 2,699,227, last on 25 December 2012 for AED 2,699,227 (AED 905 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 196,825 to AED 145,000 in 2021 and recovered to AED 180,001 by July 2023.
  • At AED 180,001 a year the gross yield on the 2012 price is 6.7%, 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 3 July 2023.

Questions about 4902, 23 Marina Tower

What did unit 4902 last sell for?

AED 2,699,227 on 25 December 2012: AED 905 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,699,227 in July 2009.

What is the rent for unit 4902?

AED 180,001 a year on the contract renewed on 3 July 2023. The previous contract, from July 2022, was AED 180,000; the unit has been rented since January 2013.

How big is unit 4902?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 49th floor of a 88-storey tower completed in 2012.

What is unit 4902 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 4902, 23 Marina Tower

Starts from the last sale price (AED 2.7M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,699,227
Deposit, UAE resident (20%)
AED 539,845
Deposit, non-resident (40%)
AED 1,079,691
Monthly over 25 years at 3.7%
AED 11,043

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