4-bed · 5,645 sqft23 Marina Tower, Dubai Marina · 82nd floor · completed 2012

8203, 23 Marina Tower

Sold prices and rental history: sold 4 times, last in November 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8203 · DLD and Ejari recordsUpdated 26 November 2020
Last soldAED 5.6M26 November 2020
Current rentAED 265K /yr29 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8203, 23 Marina Tower

What is 8203 worth today?

Last sold for AED 5,600,000 in 2020

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26 Nov 2020SoldReady
AED 5,600,000AED 992 per sqft
29 Dec 2019RentedNew contract
AED 265,000/yr12 months · AED 47 per sqft
1 Nov 2019RentedNew contract
AED 260,000/yr12 months · AED 46 per sqft
7 Jul 2018RentedNew contract
AED 350,000/yr12 months · AED 62 per sqft
1 Jun 2016RentedRenewal
AED 400,000/yr12 months · AED 71 per sqft
1 Jun 2015RentedNew contract
AED 400,000/yr12 months · AED 71 per sqft
1 Oct 2013SoldReady
AED 8,000,000AED 1,417 per sqft
13 Dec 2012SoldReady
AED 8,375,041AED 1,483 per sqft

Source: Dubai Land Department. Updated 26 November 2020.

Key facts

Type
4-bed apartment
Size
5,645 sqft
Floor
82nd of 88
Parking
G-16,17,18
Developer
Hircon International
Completed
2012
Service charge
AED 108,700 /yr
Last sold
AED 5.6M · November 2020

About 8203, 23 Marina Tower

8203 is a four-bedroom apartment of 5,645 sqft on the 82nd floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 26 November 2020 for AED 5,600,000, or AED 992 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 29 December 2019, is AED 265,000 a year: a gross yield of 4.7% on the 2020 price, before the service charge of about AED 108,700 a year.

Sales and rents for 8203 over time

Sales
Unit 8203, 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 8,375,041 (AED 1,483 per sqft)Sold, December 2012: AED 8,375,041 (AED 1,483 per sqft)Sold, October 2013: AED 8,000,000 (AED 1,417 per sqft)Sold, November 2020: AED 5,600,000 (AED 992 per sqft)

8203 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 8203, 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, June 2015: AED 400,000 a yearRenewal, June 2016: AED 400,000 a yearNew contract, July 2018: AED 350,000 a yearNew contract, November 2019: AED 260,000 a yearNew contract, December 2019: AED 265,000 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 8203 sits

All 48 4-beds →

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. 8203's AED 265,000 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 82nd floor

All 289 units in 23 Marina Tower
Value
82014-bedAED 9.3M · Sep 2013
82024-bedAED 6.05M · Mar 2013
82044-bedAED 7.4M · Jan 2022

8203, 23 Marina Tower in numbers

  • Sold 4 times: first on 3 August 2009 for AED 8,375,041, last on 26 November 2020 for AED 5,600,000 (AED 992 per sqft).
  • Rented since June 2015 on 5 Ejari contracts, from AED 400,000 to AED 265,000 a year.
  • At AED 265,000 a year the gross yield on the 2020 price is 4.7%, 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 26 November 2020.

Questions about 8203, 23 Marina Tower

What did unit 8203 last sell for?

AED 5,600,000 on 26 November 2020: AED 992 per sqft for 5,645 sqft. The unit has 4 registered sales; the first was AED 8,375,041 in August 2009.

What is the rent for unit 8203?

AED 265,000 a year on the contract signed on 29 December 2019. The previous contract, from November 2019, was AED 260,000; the unit has been rented since June 2015.

How big is unit 8203?

5,645 sqft (524.4 sqm): a four-bedroom apartment on the 82nd floor of a 88-storey tower completed in 2012.

What is unit 8203 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 8203, 23 Marina Tower

Starts from the last sale price (AED 5.6M, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

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