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

5703, 23 Marina Tower

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5703 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 2.78M20 January 2013
Current rentAED 265K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5703, 23 Marina Tower

What is 5703 worth today?

Last sold for AED 2,776,347 in 2013

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20 Jul 2025RentedNew contract
AED 265,000/yr12 months · AED 89 per sqft
31 Dec 2023RentedRenewal
AED 207,113/yr5 months · AED 70 per sqft
31 Dec 2022RentedRenewal
AED 180,000/yr12 months · AED 60 per sqft
31 Dec 2021RentedRenewal
AED 165,000/yr12 months · AED 55 per sqft
31 Dec 2020RentedRenewal
AED 165,000/yr12 months · AED 55 per sqft
31 Dec 2019RentedNew contract
AED 180,000/yr12 months · AED 60 per sqft
7 Oct 2016RentedNew contract
AED 220,000/yr12 months · AED 74 per sqft
20 May 2016RentedRenewal
AED 280,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
3-bed apartment
Size
2,980 sqft
Floor
57th of 88
Parking
P3-62,63
Developer
Hircon International
Completed
2012
Service charge
AED 57,400 /yr
Last sold
AED 2.78M · January 2013

About 5703, 23 Marina Tower

5703 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 20 January 2013 for AED 2,776,347, or AED 931 per sqft, in line with the AED 911 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 July 2025, is AED 265,000 a year: a gross yield of 9.5% on the 2013 price, before the service charge of about AED 57,400 a year.

Sales and rents for 5703 over time

Sales
Unit 5703, 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 2,776,347 (AED 931 per sqft)Sold, January 2013: AED 2,776,347 (AED 931 per sqft)

5703 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 5703, 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, May 2013: AED 218,000 a yearNew contract, May 2014: AED 280,000 a yearNew contract, May 2015: AED 280,000 a yearRenewal, May 2016: AED 280,000 a yearNew contract, October 2016: AED 220,000 a yearNew contract, December 2019: AED 180,000 a yearRenewal, December 2020: AED 165,000 a yearRenewal, December 2021: AED 165,000 a yearRenewal, December 2022: AED 180,000 a yearRenewal, December 2023: AED 207,113 a yearNew contract, July 2025: AED 265,000 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 5703 sits

All 192 3-beds →

5703 last sold in January 2013 at AED 931 per sqft, in line with 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. 5703's AED 265,000 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
57013-bedAED 2.99M · Dec 2012
57023-bedAED 2.8M · Dec 2012
57043-bedAED 3.6M · Nov 2023

5703, 23 Marina Tower in numbers

  • Sold twice: first on 23 July 2009 for AED 2,776,347, last on 20 January 2013 for AED 2,776,347 (AED 931 per sqft).
  • Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 218,000 to AED 165,000 in 2021 and recovered to AED 265,000 by July 2025.
  • At AED 265,000 a year the gross yield on the 2013 price is 9.5%, 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 20 July 2025.

Questions about 5703, 23 Marina Tower

What did unit 5703 last sell for?

AED 2,776,347 on 20 January 2013: AED 931 per sqft for 2,980 sqft. The unit has 2 registered sales; the first was AED 2,776,347 in July 2009.

What is the rent for unit 5703?

AED 265,000 a year on the contract signed on 20 July 2025. The previous contract, from December 2023, was AED 207,113; the unit has been rented since May 2013.

How big is unit 5703?

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 5703 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 5703, 23 Marina Tower

Starts from the last sale price (AED 2.78M, 20 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,776,347
Deposit, UAE resident (20%)
AED 555,269
Deposit, non-resident (40%)
AED 1,110,539
Monthly over 25 years at 3.7%
AED 11,359

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