5504, 23 Marina Tower
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5504, 23 Marina Tower
What is 5504 worth today?
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Source: Dubai Land Department. Updated 5 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,980 sqft
- Floor
- 55th of 88
- Parking
- B1-70,68
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 57,400 /yr
- Last sold
- AED 3.59M · July 2023
- Building
- 23 Marina Tower
About 5504, 23 Marina Tower
5504 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 5 July 2023 for AED 3,590,000, or AED 1,204 per sqft, 4% above the AED 1,154 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 November 2021, is AED 160,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 57,400 a year.
Sales and rents for 5504 over time
5504 has sold 3 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 5504 sits
All 192 3-beds →5504 last sold in July 2023 at AED 1,204 per sqft, 4% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,154). 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. 5504's AED 160,000 is in the lower 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 Tower5504, 23 Marina Tower in numbers
- Sold 3 times: first on 3 July 2012 for AED 2,159,381, last on 5 July 2023 for AED 3,590,000 (AED 1,204 per sqft).
- Rented since August 2013 on 7 Ejari contracts, from AED 249,330 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2023 price is 4.5%, 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 5 July 2023.
Questions about 5504, 23 Marina Tower
What did unit 5504 last sell for?
AED 3,590,000 on 5 July 2023: AED 1,204 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,159,381 in July 2012.
What is the rent for unit 5504?
AED 160,000 a year on the contract signed on 15 November 2021. The previous contract, from October 2018, was AED 160,000; the unit has been rented since August 2013.
How big is unit 5504?
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 5504 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 5504, 23 Marina Tower
Starts from the last sale price (AED 3.59M, 5 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,590,000
- Deposit, UAE resident (20%)
- AED 718,000
- Deposit, non-resident (40%)
- AED 1,436,000
- Monthly over 25 years at 3.7%
- AED 14,688
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →