4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 64th floor · completed 2012

6404, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in December 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6404 · DLD and Ejari recordsUpdated 14 December 2017
Last soldAED 8.3M14 December 2017
Current rentAED 350K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6404, 23 Marina Tower

What is 6404 worth today?

Last sold for AED 8,300,000 in 2017

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14 Dec 2017SoldReady
AED 8,300,000AED 1,470 per sqft
1 Jun 2017RentedNew contract
AED 350,000/yr12 months · AED 62 per sqft
1 Mar 2014RentedNew contract
AED 370,000/yr6 months · AED 66 per sqft
1 Mar 2013RentedNew contract
AED 350,000/yr12 months · AED 62 per sqft
27 Dec 2012SoldReady
AED 3,796,905AED 672 per sqft
2 Aug 2012Sold by developerOff-plan
AED 3,796,905AED 672 per sqft

Source: Dubai Land Department. Updated 14 December 2017.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
64th of 88
Parking
P2-22,23,24
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 8.3M · December 2017

About 6404, 23 Marina Tower

6404 is a four-bedroom apartment of 5,645 sqft on the 64th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 14 December 2017 for AED 8,300,000, or AED 1,470 per sqft, 9% above the AED 1,347 four-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 June 2017, is AED 350,000 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 108,700 a year.

Sales and rents for 6404 over time

Sales
Unit 6404, 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 2012: AED 3,796,905 (AED 672 per sqft)Sold, December 2012: AED 3,796,905 (AED 672 per sqft)Sold, December 2017: AED 8,300,000 (AED 1,470 per sqft)

6404 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6404, each contractTypical four-bed in 23 Marina Tower
300K400K500K2012201620202024Typical 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, March 2013: AED 350,000 a yearNew contract, March 2014: AED 370,000 a yearNew contract, June 2017: AED 350,000 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 6404 sits

All 48 4-beds →

6404 last sold in December 2017 at AED 1,470 per sqft, 9% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,347). 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. 6404's AED 350,000 is in the lower half 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 64th floor

All 289 units in 23 Marina Tower
Value
64014-bedAED 12.2M · Jan 2025
64024-bedAED 5.6M · Dec 2012
64034-bedAED 7.45M · Dec 2017

6404, 23 Marina Tower in numbers

  • Sold 3 times: first on 2 August 2012 for AED 3,796,905, last on 14 December 2017 for AED 8,300,000 (AED 1,470 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2017 price is 4.2%, before a service charge of about AED 108,700 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 14 December 2017.

Questions about 6404, 23 Marina Tower

What did unit 6404 last sell for?

AED 8,300,000 on 14 December 2017: AED 1,470 per sqft for 5,645 sqft. The unit has 3 registered sales; the first was AED 3,796,905 in August 2012.

What is the rent for unit 6404?

AED 350,000 a year on the contract signed on 1 June 2017. The previous contract, from March 2014, was AED 370,000; the unit has been rented since March 2013.

How big is unit 6404?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 64th floor of a 88-storey tower completed in 2012.

What is unit 6404 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 6404, 23 Marina Tower

Starts from the last sale price (AED 8.3M, 14 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 8,300,000
Deposit, UAE resident (20%)
AED 1,660,000
Deposit, non-resident (40%)
AED 3,320,000
Monthly over 25 years at 3.7%
AED 33,958

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