3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 56th floor · completed 2012

5602, 23 Marina Tower

Sold prices and rental history: sold twice, last in December 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5602 · DLD and Ejari recordsUpdated 25 December 2012
Last soldAED 2.7M25 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5602, 23 Marina Tower

What is 5602 worth today?

Last sold for AED 2,699,217 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Dec 2012SoldReady
AED 2,699,217AED 905 per sqft
23 Jul 2009Sold by developerOff-plan
AED 2,699,217AED 905 per sqft

Source: Dubai Land Department. Updated 25 December 2012.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
56th of 88
Parking
P3-72,73
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.7M · December 2012

About 5602, 23 Marina Tower

5602 is a three-bedroom apartment of 2,980 sqft on the 56th 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 2,699,217, or AED 905 per sqft, in line with the AED 906 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5602 over time

Sales
Unit 5602, 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 2,699,217 (AED 905 per sqft)Sold, December 2012: AED 2,699,217 (AED 905 per sqft)

5602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5602, 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 5602 sits

All 192 3-beds →

5602 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.

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 56th floor

All 289 units in 23 Marina Tower
Value
56013-bedAED 4.35M · Feb 2013
56033-bedAED 3.08M · Mar 2013
56043-bedAED 3.83M · Jan 2024

5602, 23 Marina Tower in numbers

  • Sold twice: first on 23 July 2009 for AED 2,699,217, last on 25 December 2012 for AED 2,699,217 (AED 905 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 25 December 2012.

Questions about 5602, 23 Marina Tower

What did unit 5602 last sell for?

AED 2,699,217 on 25 December 2012: AED 905 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,699,217 in July 2009.

How big is unit 5602?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 56th floor of a 88-storey tower completed in 2012.

What is unit 5602 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.

Selling 5602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5602, 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 2,699,217
Deposit, UAE resident (20%)
AED 539,843
Deposit, non-resident (40%)
AED 1,079,687
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 →