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

5603, 23 Marina Tower

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

Unit 5603 · DLD and Ejari recordsUpdated 5 March 2013
Last soldAED 3.08M5 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5603, 23 Marina Tower

What is 5603 worth today?

Last sold for AED 3,084,830 in 2013

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5 Mar 2013SoldReady
AED 3,084,830AED 1,035 per sqft
9 Sep 2009Sold by developerOff-plan
AED 3,084,830AED 1,035 per sqft

Source: Dubai Land Department. Updated 5 March 2013.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
56th of 88
Parking
P3-70,71
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.08M · March 2013
Building
23 Marina Tower

About 5603, 23 Marina Tower

5603 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 5 March 2013 for AED 3,084,830, or AED 1,035 per sqft, 14% 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 5603 over time

Sales
Unit 5603, 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, September 2009: AED 3,084,830 (AED 1,035 per sqft)Sold, March 2013: AED 3,084,830 (AED 1,035 per sqft)

5603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5603, 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 5603 sits

All 192 3-beds →

5603 last sold in March 2013 at AED 1,035 per sqft, 14% 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 56th floor

All 289 units in 23 Marina Tower
Value
56013-bedAED 4.35M · Feb 2013
56023-bedAED 2.7M · Dec 2012
56043-bedAED 3.83M · Jan 2024

5603, 23 Marina Tower in numbers

  • Sold twice: first on 9 September 2009 for AED 3,084,830, last on 5 March 2013 for AED 3,084,830 (AED 1,035 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 March 2013.

Questions about 5603, 23 Marina Tower

What did unit 5603 last sell for?

AED 3,084,830 on 5 March 2013: AED 1,035 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 3,084,830 in September 2009.

How big is unit 5603?

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 5603 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 5603, 23 Marina Tower

Starts from the last sale price (AED 3.08M, 5 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,084,830
Deposit, UAE resident (20%)
AED 616,966
Deposit, non-resident (40%)
AED 1,233,932
Monthly over 25 years at 3.7%
AED 12,621

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