5503, 23 Marina Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5503, 23 Marina Tower
What is 5503 worth today?
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Source: Dubai Land Department. Updated 7 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,980 sqft
- Floor
- 55th of 88
- Parking
- P2-16,43
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 57,400 /yr
- Last sold
- AED 3.68M · March 2023
- Building
- 23 Marina Tower
About 5503, 23 Marina Tower
5503 is a three-bedroom apartment of 2,980 sqft on the 55th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 7 March 2023 for AED 3,675,000, or AED 1,233 per sqft, 27% above the AED 972 three-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 17 April 2015, is AED 255,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 57,400 a year.
Sales and rents for 5503 over time
5503 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 5503 sits
All 192 3-beds →5503 last sold in March 2023 at AED 1,233 per sqft, 27% above what three-beds in 23 Marina Tower were fetching at the time (AED 972). 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. 5503's AED 255,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Sep 202618 September 2026 | 2,980 sqft | 4,500,000 | 1,510 | ||
| 18 Sep 202618 September 2026 | 2,161 sqft | 2,900,000 | 1,341 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 3,000,000 | 1,388 | ||
| 16 Sep 202616 September 2026 | 2,161 sqft | 2,950,000 | 1,364 |
23 Marina Tower
Building289 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%
Other units on the 55th floor
All 289 units in 23 Marina Tower5503, 23 Marina Tower in numbers
- Sold 4 times: first on 27 March 2012 for AED 2,591,257, last on 7 March 2023 for AED 3,675,000 (AED 1,233 per sqft).
- Rented since April 2015 on 2 Ejari contracts, at AED 255,000 a year.
- At AED 255,000 a year the gross yield on the 2023 price is 6.9%, 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 March 2023.
Questions about 5503, 23 Marina Tower
What did unit 5503 last sell for?
AED 3,675,000 on 7 March 2023: AED 1,233 per sqft for 2,980 sqft. The unit has 4 registered sales; the first was AED 2,591,257 in March 2012.
What is the rent for unit 5503?
AED 255,000 a year on the contract signed on 17 April 2015. The previous contract, from April 2015, was AED 255,000.
How big is unit 5503?
2,980 sqft (276.9 sqm): a three-bedroom apartment on the 55th floor of a 88-storey tower completed in 2012.
What is unit 5503 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 5503, 23 Marina Tower
Starts from the last sale price (AED 3.68M, 7 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,675,000
- Deposit, UAE resident (20%)
- AED 735,000
- Deposit, non-resident (40%)
- AED 1,470,000
- Monthly over 25 years at 3.7%
- AED 15,036
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →