8801, 23 Marina Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 8801, 23 Marina Tower
What is 8801 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 5-bed apartment
- Size
- 38,025 sqft
- Floor
- 88th of 88
- Parking
- P3-25,26,27,28,29,30,31 & G-24
- Developer
- Hircon International
- Completed
- 2012
- Service charge
- AED 732,000 /yr
- Last sold
- AED 8M · December 2012
- Building
- 23 Marina Tower
About 8801, 23 Marina Tower
8801 is a five-bedroom apartment of 38,025 sqft on the 88th floor of 23 Marina Tower, a 88-storey tower in Dubai Marina completed in 2012 by Hircon International. It last sold on 19 December 2012 for AED 8,000,000, or AED 210 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 300,000 a year: a gross yield of 3.8% on the 2012 price, before the service charge of about AED 732,000 a year.
5-beds in 23 Marina Tower, and where 8801 sits
All 1 5-beds →23 Marina Tower
Building289 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%
8801, 23 Marina Tower in numbers
- Sold twice: first on 12 August 2012 for AED 8,000,000, last on 19 December 2012 for AED 8,000,000 (AED 210 per sqft).
- Rented since June 2020 on 4 Ejari contracts, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2012 price is 3.8%, before a service charge of about AED 732,000 a year (AED 19.25 per sqft).
Source: Dubai Land Department. Updated 15 June 2023.
Questions about 8801, 23 Marina Tower
What did unit 8801 last sell for?
AED 8,000,000 on 19 December 2012: AED 210 per sqft for 38,025 sqft. The unit has 2 registered sales; the first was AED 8,000,000 in August 2012.
What is the rent for unit 8801?
AED 300,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 300,000; the unit has been rented since June 2020.
How big is unit 8801?
38,025 sqft (3532.6 sqm): a five-bedroom apartment on the 88th floor of a 88-storey tower completed in 2012.
What is unit 8801 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 8801, 23 Marina Tower
Starts from the last sale price (AED 8M, 19 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →