3-bed · 2,980 sqft23 Marina Tower, Dubai Marina · 57th floor · completed 2012

5701, 23 Marina Tower

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

Unit 5701 · DLD and Ejari recordsUpdated 21 February 2025
Last soldAED 2.99M25 December 2012
Current rentAED 280K /yr21 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5701, 23 Marina Tower

What is 5701 worth today?

Last sold for AED 2,992,275 in 2012

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21 Feb 2025RentedNew contract
AED 280,000/yr24 months · AED 94 per sqft
21 Feb 2025RentedNew contract
AED 280,000/yr24 months · AED 94 per sqft
20 Feb 2024RentedRenewal
AED 245,000/yr12 months · AED 82 per sqft
20 Feb 2024RentedRenewal
AED 245,000/yr12 months · AED 82 per sqft
20 Feb 2023RentedRenewal
AED 231,000/yr12 months · AED 77 per sqft
20 Feb 2022RentedNew contract
AED 210,000/yr12 months · AED 70 per sqft
15 Feb 2021RentedNew contract
AED 165,000/yr12 months · AED 55 per sqft
15 Feb 2020RentedRenewal
AED 185,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 21 February 2025.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
57th of 88
Parking
P3-66,67
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.99M · December 2012

About 5701, 23 Marina Tower

5701 is a three-bedroom apartment of 2,980 sqft on the 57th 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 2,992,275, or AED 1,004 per sqft, 11% above the AED 906 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 21 February 2025, is AED 280,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5701 over time

Sales
Unit 5701, 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 2,992,275 (AED 1,004 per sqft)Sold, December 2012: AED 2,992,275 (AED 1,004 per sqft)

5701 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5701, each contractTypical three-bed in 23 Marina Tower
200K300K2012201620202024Typical 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 230,000 a yearNew contract, November 2013: AED 230,000 a yearNew contract, January 2016: AED 235,000 a yearRenewal, January 2017: AED 225,000 a yearRenewal, January 2018: AED 220,000 a yearNew contract, February 2019: AED 195,000 a yearRenewal, February 2020: AED 185,000 a yearNew contract, February 2021: AED 165,000 a yearNew contract, February 2022: AED 210,000 a yearRenewal, February 2023: AED 231,000 a yearRenewal, February 2024: AED 245,000 a yearRenewal, February 2024: AED 245,000 a yearNew contract, February 2025: AED 280,000 a yearNew contract, February 2025: AED 280,000 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 5701 sits

All 192 3-beds →

5701 last sold in December 2012 at AED 1,004 per sqft, 11% above 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. 5701's AED 280,000 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 57th floor

All 289 units in 23 Marina Tower
Value
57023-bedAED 2.8M · Dec 2012
57033-bedAED 2.78M · Jan 2013
57043-bedAED 3.6M · Nov 2023

5701, 23 Marina Tower in numbers

  • Sold twice: first on 23 July 2009 for AED 2,992,275, last on 25 December 2012 for AED 2,992,275 (AED 1,004 per sqft).
  • Rented since November 2012 on 14 Ejari contracts. The rent fell from AED 230,000 to AED 165,000 in 2021 and recovered to AED 280,000 by February 2025.
  • At AED 280,000 a year the gross yield on the 2012 price is 9.4%, 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 21 February 2025.

Questions about 5701, 23 Marina Tower

What did unit 5701 last sell for?

AED 2,992,275 on 25 December 2012: AED 1,004 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,992,275 in July 2009.

What is the rent for unit 5701?

AED 280,000 a year on the contract signed on 21 February 2025. The previous contract, from February 2025, was AED 280,000; the unit has been rented since November 2012.

How big is unit 5701?

2,980 sqft (276.9 sqm): a three-bedroom apartment on the 57th floor of a 88-storey tower completed in 2012.

What is unit 5701 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 5701, 23 Marina Tower

Starts from the last sale price (AED 2.99M, 25 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,992,275
Deposit, UAE resident (20%)
AED 598,455
Deposit, non-resident (40%)
AED 1,196,910
Monthly over 25 years at 3.7%
AED 12,242

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