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

5604, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5604 · DLD and Ejari recordsUpdated 17 January 2024
Last soldAED 3.83M17 January 2024
Current rentAED 241K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5604, 23 Marina Tower

What is 5604 worth today?

Last sold for AED 3,830,000 in 2024

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17 Jan 2024SoldReady
AED 3,830,000AED 1,285 per sqft
10 Aug 2023RentedNew contract
AED 241,364/yr5 months · AED 81 per sqft
10 Aug 2022RentedNew contract
AED 235,000/yr12 months · AED 79 per sqft
7 Aug 2021RentedRenewal
AED 257,250/yr12 months · AED 86 per sqft
7 Aug 2020RentedRenewal
AED 257,250/yr12 months · AED 86 per sqft
7 Aug 2019RentedRenewal
AED 257,250/yr12 months · AED 86 per sqft
8 Aug 2018RentedRenewal
AED 257,943/yr12 months · AED 87 per sqft
8 Aug 2017RentedRenewal
AED 257,250/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 17 January 2024.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
56th of 88
Parking
P3-68,69
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 3.83M · January 2024

About 5604, 23 Marina Tower

5604 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 17 January 2024 for AED 3,830,000, or AED 1,285 per sqft, 5% above the AED 1,221 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 10 August 2023, is AED 241,364 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5604 over time

Sales
Unit 5604, 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, August 2012: AED 2,460,881 (AED 825 per sqft)Sold, March 2013: AED 2,460,881 (AED 825 per sqft)Sold, January 2024: AED 3,830,000 (AED 1,285 per sqft)

5604 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5604, each contractTypical three-bed in 23 Marina Tower
200K2012201620202024Typical 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 210,000New contract, November 2012: AED 240,000 a yearRenewal, November 2013: AED 240,000 a yearRenewal, November 2014: AED 250,000 a yearNew contract, November 2015: AED 250,000 a yearNew contract, August 2016: AED 245,000 a yearRenewal, August 2017: AED 257,250 a yearRenewal, August 2018: AED 257,943 a yearRenewal, August 2019: AED 257,250 a yearRenewal, August 2020: AED 257,250 a yearRenewal, August 2021: AED 257,250 a yearNew contract, August 2022: AED 235,000 a yearNew contract, August 2023: AED 241,364 a year

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 5604 sits

All 192 3-beds →

5604 last sold in January 2024 at AED 1,285 per sqft, 5% above what three-beds in 23 Marina Tower were fetching at the time (AED 1,221). 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. 5604's AED 241,364 is in the upper half of that range.

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
56033-bedAED 3.08M · Mar 2013

5604, 23 Marina Tower in numbers

  • Sold 3 times: first on 28 August 2012 for AED 2,460,881, last on 17 January 2024 for AED 3,830,000 (AED 1,285 per sqft).
  • Rented since November 2012 on 12 Ejari contracts, from AED 240,000 to AED 241,364 a year.
  • At AED 241,364 a year the gross yield on the 2024 price is 6.3%, 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 17 January 2024.

Questions about 5604, 23 Marina Tower

What did unit 5604 last sell for?

AED 3,830,000 on 17 January 2024: AED 1,285 per sqft for 2,980 sqft. The unit has 3 registered sales; the first was AED 2,460,881 in August 2012.

What is the rent for unit 5604?

AED 241,364 a year on the contract signed on 10 August 2023. The previous contract, from August 2022, was AED 235,000; the unit has been rented since November 2012.

How big is unit 5604?

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 5604 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 5604, 23 Marina Tower

Starts from the last sale price (AED 3.83M, 17 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,830,000
Deposit, UAE resident (20%)
AED 766,000
Deposit, non-resident (40%)
AED 1,532,000
Monthly over 25 years at 3.7%
AED 15,670

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