3-bed · 2,634 sqftMarina Mansions Tower, Dubai Marina · 23rd floor · completed 2007

2304, Marina Mansions Tower

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 28 July 2022
Last soldAED 1.85M28 July 2022
Current rentAED 135K /yr13 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Marina Mansions Tower

What is 2304 worth today?

Last sold for AED 1,850,000 in 2022

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28 Jul 2022SoldReady
AED 1,850,000AED 702 per sqft
13 Mar 2019RentedNew contract
AED 135,000/yr12 months · AED 51 per sqft
16 Feb 2017SoldReady
AED 2,380,000AED 903 per sqft
10 Dec 2015RentedNew contract
AED 196,350/yr12 months · AED 75 per sqft
10 Dec 2013RentedNew contract
AED 175,000/yr12 months · AED 66 per sqft
21 Mar 2013RentedNew contract
AED 170,000/yr12 months · AED 64 per sqft
3 Oct 2011Sold by developerReady
AED 1,435,320AED 545 per sqft

Source: Dubai Land Department. Updated 28 July 2022.

Key facts

Type
3-bed apartment
Size
2,634 sqft
Floor
23rd of 29
Parking
GROUND PARKING (A) 3,4
Developer
Al Sandos
Completed
2007
Service charge
AED 40,900 /yr
Last sold
AED 1.85M · July 2022

About 2304, Marina Mansions Tower

2304 is a three-bedroom apartment of 2,634 sqft on the 23rd floor of Marina Mansions Tower, a 29-storey tower in Dubai Marina completed in 2007 by Al Sandos. It last sold on 28 July 2022 for AED 1,850,000, or AED 702 per sqft, in line with the AED 706 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 13 March 2019, is AED 135,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 40,900 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, October 2011: AED 1,435,320 (AED 545 per sqft)Sold, February 2017: AED 2,380,000 (AED 903 per sqft)Sold, July 2022: AED 1,850,000 (AED 702 per sqft)

2304 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, 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, March 2013: AED 170,000 a yearNew contract, December 2013: AED 175,000 a yearNew contract, December 2015: AED 196,350 a yearNew contract, March 2019: AED 135,000 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 2304 sits

All 105 3-beds →

2304 last sold in July 2022 at AED 702 per sqft, in line with what three-beds in Marina Mansions Tower were fetching at the time (AED 706). 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. 2304's AED 135,000 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
23023-bedAED 2.48M · Nov 2008
23033-bedAED 2.15M · Dec 2012

2304, Marina Mansions Tower in numbers

  • Sold 3 times: first on 3 October 2011 for AED 1,435,320, last on 28 July 2022 for AED 1,850,000 (AED 702 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 170,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 40,900 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 28 July 2022.

Questions about 2304, Marina Mansions Tower

What did unit 2304 last sell for?

AED 1,850,000 on 28 July 2022: AED 702 per sqft for 2,634 sqft. The unit has 3 registered sales; the first was AED 1,435,320 in October 2011.

What is the rent for unit 2304?

AED 135,000 a year on the contract signed on 13 March 2019. The previous contract, from December 2015, was AED 196,350; the unit has been rented since March 2013.

How big is unit 2304?

2,634 sqft (244.7 sqm): a three-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2007.

What is unit 2304 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 2304, Marina Mansions Tower

Starts from the last sale price (AED 1.85M, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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