4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 66th floor · completed 2012

6602, 23 Marina Tower

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6602 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 8.5M30 October 2023
Current rentAED 140K /yr10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6602, 23 Marina Tower

What is 6602 worth today?

Last sold for AED 8,500,000 in 2023

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10 Jan 2024RentedNew contract
AED 140,000/yr12 months · AED 25 per sqft
10 Jan 2024RentedNew contract · flagged as an outlier
AED 140,000/yr12 months · AED 25 per sqft
30 Oct 2023SoldReady
AED 8,500,000AED 1,505 per sqft
1 Apr 2022RentedRenewal
AED 346,500/yr12 months · AED 61 per sqft
1 Apr 2021RentedRenewal
AED 346,500/yr12 months · AED 61 per sqft
1 Apr 2020RentedRenewal
AED 346,500/yr12 months · AED 61 per sqft
1 Apr 2019RentedRenewal
AED 375,000/yr12 months · AED 66 per sqft
7 Mar 2017RentedNew contract
AED 375,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
66th of 88
Parking
P3-22,23,24
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 8.5M · October 2023

About 6602, 23 Marina Tower

6602 is a four-bedroom apartment of 5,645 sqft on the 66th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 30 October 2023 for AED 8,500,000, or AED 1,505 per sqft, 6% above the AED 1,424 four-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 10 January 2024, is AED 140,000 a year: a gross yield of 1.7% on the 2023 price, before the service charge of about AED 108,700 a year.

Sales and rents for 6602 over time

Sales
Unit 6602, 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, May 2009: AED 5,631,493 (AED 997 per sqft)Sold, December 2012: AED 5,631,493 (AED 997 per sqft)Sold, October 2023: AED 8,500,000 (AED 1,505 per sqft)

6602 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 6602, each contractTypical four-bed in 23 Marina Tower
200K400K2012201620202024Typical 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, January 2013: AED 350,000 a yearNew contract, January 2014: AED 385,000 a yearRenewal, January 2015: AED 385,000 a yearNew contract, February 2016: AED 415,000 a yearNew contract, March 2017: AED 375,000 a yearRenewal, April 2019: AED 375,000 a yearRenewal, April 2020: AED 346,500 a yearRenewal, April 2021: AED 346,500 a yearRenewal, April 2022: AED 346,500 a yearNew contract, January 2024: AED 140,000 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 6602 sits

All 48 4-beds →

6602 last sold in October 2023 at AED 1,505 per sqft, 6% above what four-beds in 23 Marina Tower were fetching at the time (AED 1,424). 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. 6602's AED 140,000 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 66th floor

All 289 units in 23 Marina Tower
Value
66014-bedAED 8.25M · Apr 2023
66034-bedAED 7.63M · Jul 2023
66044-bedAED 7.6M · Jul 2026

6602, 23 Marina Tower in numbers

  • Sold 3 times: first on 26 May 2009 for AED 5,631,493, last on 30 October 2023 for AED 8,500,000 (AED 1,505 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 350,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 1.7%, 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 10 January 2024.

Questions about 6602, 23 Marina Tower

What did unit 6602 last sell for?

AED 8,500,000 on 30 October 2023: AED 1,505 per sqft for 5,645 sqft. The unit has 3 registered sales; the first was AED 5,631,493 in May 2009.

What is the rent for unit 6602?

AED 140,000 a year on the contract signed on 10 January 2024. The previous contract, from January 2024, was AED 140,000; the unit has been rented since January 2013.

How big is unit 6602?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 66th floor of a 88-storey tower completed in 2012.

What is unit 6602 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 6602, 23 Marina Tower

Starts from the last sale price (AED 8.5M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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