4-bed · 5,758 sqft23 Marina Tower, Dubai Marina · 62nd floor · completed 2012

6201, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in April 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6201 · DLD and Ejari recordsUpdated 13 April 2023
Last soldAED 8.2M13 April 2023
Current rentAED 275K /yr7 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6201, 23 Marina Tower

What is 6201 worth today?

Last sold for AED 8,200,000 in 2023

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13 Apr 2023SoldReady
AED 8,200,000AED 1,424 per sqft
10 Mar 2022SoldReady
AED 3,700,000AED 642 per sqft
7 Jul 2020RentedNew contract
AED 275,000/yr12 months · AED 48 per sqft
15 Aug 2013RentedNew contract
AED 390,000/yr12 months · AED 68 per sqft
25 Dec 2012SoldReady
AED 4,906,148AED 852 per sqft
18 Aug 2009Sold by developerOff-plan
AED 4,906,148AED 852 per sqft

Source: Dubai Land Department. Updated 13 April 2023.

Key facts

Type
4-bed apartment
Size
5,758 sqft
Floor
62nd of 88
Parking
P3-49,50,51
Developer
Hircon International
Completed
2012
Service charge
AED 110,800 /yr
Last sold
AED 8.2M · April 2023

About 6201, 23 Marina Tower

6201 is a four-bedroom apartment of 5,758 sqft on the 62nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 13 April 2023 for AED 8,200,000, or AED 1,424 per sqft, 3% above the AED 1,381 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 7 July 2020, is AED 275,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 110,800 a year.

Sales and rents for 6201 over time

Sales
Unit 6201, each saleTypical four-bed in 23 Marina Tower
5M10M2009201420192024Typical sale price by year: 2009 AED 5,775,750; 2012 AED 5,631,493; 2013 AED 6,939,854; 2014 AED 9,800,000; 2015 AED 8,212,420; 2017 AED 7,604,000; 2021 AED 6,500,000; 2022 AED 7,300,000; 2023 AED 8,200,000; 2025 AED 12,400,000Sold by developer, August 2009: AED 4,906,148 (AED 852 per sqft)Sold, December 2012: AED 4,906,148 (AED 852 per sqft)Sold, March 2022: AED 3,700,000 (AED 642 per sqft)Sold, April 2023: AED 8,200,000 (AED 1,424 per sqft)

6201 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6201, each contractTypical four-bed in 23 Marina Tower
400K2012201620202024Typical rent by year: 2012 AED 290,000; 2013 AED 367,500; 2014 AED 425,000; 2015 AED 425,000; 2016 AED 400,000; 2017 AED 375,000; 2018 AED 350,000; 2019 AED 307,406; 2020 AED 295,500; 2021 AED 300,000; 2022 AED 346,500; 2023 AED 330,000; 2024 AED 462,000; 2025 AED 500,000; 2026 AED 497,500New contract, August 2013: AED 390,000 a yearNew contract, July 2020: AED 275,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in 23 Marina Tower, and where 6201 sits

All 48 4-beds →

6201 last sold in April 2023 at AED 1,424 per sqft, 3% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,381). Over the last 12 months four-beds sold for AED 7,600,000 to 9,900,000, around AED 1,550 per sqft, and rent for AED 300,000 to 560,000 a year. 6201's AED 275,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
21 Oct 20269,900,000
17 Jul 20267,600,000
7 Oct 20256,892,206
24 Jun 202512,400,000
2 4-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 62nd floor

All 289 units in 23 Marina Tower
Value
62024-bedAED 10.5M · Apr 2014
62034-bedAED 8.1M · Sep 2023
62044-bedAED 5.63M · Dec 2012

6201, 23 Marina Tower in numbers

  • Sold 4 times: first on 18 August 2009 for AED 4,906,148, last on 13 April 2023 for AED 8,200,000 (AED 1,424 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 390,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 110,800 a year (AED 19.25 per sqft).
  • Four-beds in 23 Marina Tower sold for AED 7,600,000–9,900,000 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 13 April 2023.

Questions about 6201, 23 Marina Tower

What did unit 6201 last sell for?

AED 8,200,000 on 13 April 2023: AED 1,424 per sqft for 5,758 sqft. The unit has 4 registered sales; the first was AED 4,906,148 in August 2009.

What is the rent for unit 6201?

AED 275,000 a year on the contract signed on 7 July 2020. The previous contract, from August 2013, was AED 390,000.

How big is unit 6201?

5,758 sqft (534.9 sqm): a four-bedroom apartment on the 62nd floor of a 88-storey tower completed in 2012.

What is unit 6201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in 23 Marina Tower sold for AED 7,600,000 to 9,900,000 in the last 12 months, around AED 1,550 per sqft.

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Mortgage on 6201, 23 Marina Tower

Starts from the last sale price (AED 8.2M, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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