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3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 52nd floor · completed 2012

5203, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in April 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5203 · DLD and Ejari recordsUpdated 9 April 2013
Last soldAED 3.36M9 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5203, 23 Marina Tower

What is 5203 worth today?

Last sold for AED 3,360,000 in 2013

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9 Apr 2013SoldReady
AED 3,360,000AED 1,127 per sqft
13 Dec 2012SoldReady
AED 4,164,521AED 1,397 per sqft
20 Jul 2009Sold by developerOff-plan
AED 4,164,521AED 1,397 per sqft

Source: Dubai Land Department. Updated 9 April 2013.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
52nd of 88
Parking
B1-27,28
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.36M · April 2013
Building
23 Marina Tower

About 5203, 23 Marina Tower

5203 is a three-bedroom apartment of 2,980 sqft on the 52nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 9 April 2013 for AED 3,360,000, or AED 1,127 per sqft, 24% above the AED 911 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5203 over time

Sales
Unit 5203, 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 4,164,521 (AED 1,397 per sqft)Sold, December 2012: AED 4,164,521 (AED 1,397 per sqft)Sold, April 2013: AED 3,360,000 (AED 1,127 per sqft)

5203 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5203, 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 5203 sits

All 192 3-beds →

5203 last sold in April 2013 at AED 1,127 per sqft, 24% above what three-beds in 23 Marina Tower were fetching at the time (AED 911). 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 52nd floor

All 289 units in 23 Marina Tower
Value
52013-bedAED 3.55M · Sep 2022
52023-bedAED 1.95M · Oct 2020
52043-bedAED 3.49M · Jun 2023

5203, 23 Marina Tower in numbers

  • Sold 3 times: first on 20 July 2009 for AED 4,164,521, last on 9 April 2013 for AED 3,360,000 (AED 1,127 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 9 April 2013.

Questions about 5203, 23 Marina Tower

What did unit 5203 last sell for?

AED 3,360,000 on 9 April 2013: AED 1,127 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 4,164,521 in July 2009.

How big is unit 5203?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 52nd floor of a 88-storey tower completed in 2012.

What is unit 5203 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 5203, 23 Marina Tower

Starts from the last sale price (AED 3.36M, 9 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,360,000
Deposit, UAE resident (20%)
AED 672,000
Deposit, non-resident (40%)
AED 1,344,000
Monthly over 25 years at 3.7%
AED 13,747

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