3-bed · 2,857 sqftMarina Mansions Tower, Dubai Marina · 23rd floor · completed 2007

2302, Marina Mansions Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 29 August 2020
Last soldAED 2.48M24 November 2008
Current rentAED 130K /yr29 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Marina Mansions Tower

What is 2302 worth today?

Last sold for AED 2,477,270 in 2008

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29 Aug 2020RentedRenewal
AED 130,000/yr12 months · AED 46 per sqft
29 Aug 2019RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
29 Aug 2018RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
29 Aug 2017RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
29 Aug 2016RentedNew contract
AED 185,000/yr12 months · AED 65 per sqft
14 Oct 2015RentedRenewal
AED 199,500/yr12 months · AED 70 per sqft
14 Oct 2014RentedNew contract
AED 199,500/yr12 months · AED 70 per sqft
14 Oct 2013RentedNew contract
AED 190,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 29 August 2020.

Key facts

Type
3-bed apartment
Size
2,857 sqft
Floor
23rd of 29
Parking
GROUND PARKING (B)29,30
Developer
Al Sandos
Completed
2007
Service charge
AED 44,400 /yr
Last sold
AED 2.48M · November 2008

About 2302, Marina Mansions Tower

2302 is a three-bedroom apartment of 2,857 sqft on the 23rd floor of Marina Mansions Tower, a 29-storey tower in Dubai Marina completed in 2007 by Al Sandos. The developer sold it on 24 November 2008 for AED 2,477,270, or AED 867 per sqft, in line with the AED 865 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 29 August 2020, is AED 130,000 a year: a gross yield of 5.3% on the 2008 price, before the service charge of about AED 44,400 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical three-bed in Marina Mansions Tower
2M2008201320182023Typical sale price by year: 2008 AED 2,354,834; 2009 AED 1,210,490; 2010 AED 1,765,377; 2011 AED 1,435,320; 2012 AED 2,175,000; 2013 AED 1,781,662; 2014 AED 3,440,000; 2017 AED 2,350,000; 2021 AED 1,930,000; 2022 AED 1,850,000; 2023 AED 2,163,437; 2024 AED 2,842,403; 2025 AED 2,971,000Sold by developer, November 2008: AED 2,477,270 (AED 867 per sqft)

2302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, each contractTypical three-bed in Marina Mansions Tower
150K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 167,400; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 196,350; 2016 AED 185,000; 2017 AED 181,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 118,000; 2022 AED 138,050; 2023 AED 163,000; 2024 AED 183,000; 2025 AED 200,000; 2026 AED 202,500New contract, February 2012: AED 160,000 a yearNew contract, October 2013: AED 190,000 a yearNew contract, October 2014: AED 199,500 a yearRenewal, October 2015: AED 199,500 a yearNew contract, August 2016: AED 185,000 a yearRenewal, August 2017: AED 185,000 a yearRenewal, August 2018: AED 185,000 a yearRenewal, August 2019: AED 185,000 a yearRenewal, August 2020: AED 130,000 a year

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

3-beds in Marina Mansions Tower, and where 2302 sits

All 105 3-beds →

2302 last sold in November 2008 at AED 867 per sqft, in line with what three-beds in Marina Mansions Tower were fetching at the time (AED 865). Over the last 12 months three-beds sold for AED 2,550,000 to 3,500,000, around AED 1,146 per sqft, and rent for AED 165,000 to 240,000 a year. 2302's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Apr 20263,400,000
25 Mar 20263,000,000
25 Dec 20252,550,000
15 Dec 20253,275,000
5 3-bed sales in the last 12 months

Marina Mansions Tower

Building

120 apartments, 2-bed to 4-bed over 29 floors in Dubai Marina, completed in 2007 by Al Sandos. 7 sold in the last 12 months.

Typical price per sqft
AED 1,190
Typical sale
AED 3.4M
Typical rent
AED 205K /yr
Typical yield
6.4%
Marina Mansions Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 120 units in Marina Mansions Tower
Value
23013-bedAED 2.06M · Feb 2012
23033-bedAED 2.15M · Dec 2012
23043-bedAED 1.85M · Jul 2022

2302, Marina Mansions Tower in numbers

  • Sold once: by Al Sandos on 24 November 2008 for AED 2,477,270, or AED 867 per sqft.
  • Rented since February 2012 on 9 Ejari contracts, from AED 160,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2008 price is 5.3%, before a service charge of about AED 44,400 a year (AED 15.54 per sqft).
  • Three-beds in Marina Mansions Tower sold for AED 2,550,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,190 per sqft.

Source: Dubai Land Department. Updated 29 August 2020.

Questions about 2302, Marina Mansions Tower

What did unit 2302 last sell for?

AED 2,477,270 on 24 November 2008, sold by the developer: AED 867 per sqft for 2,857 sqft. It is the only registered sale of the unit.

What is the rent for unit 2302?

AED 130,000 a year on the contract renewed on 29 August 2020. The previous contract, from August 2019, was AED 185,000; the unit has been rented since February 2012.

How big is unit 2302?

2,857 sqft (265.4 sqm): a three-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2007.

What is unit 2302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Mansions Tower sold for AED 2,550,000 to 3,500,000 in the last 12 months, around AED 1,146 per sqft.

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Mortgage on 2302, Marina Mansions Tower

Starts from the last sale price (AED 2.48M, 24 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 2,477,270
Deposit, UAE resident (20%)
AED 495,454
Deposit, non-resident (40%)
AED 990,908
Monthly over 25 years at 3.7%
AED 10,135

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