2-bed · 1,873 sqftMarina Tower, Dubai Marina · 23rd floor · completed 2006

2303, Marina Tower

Sold prices and rental history: sold once, by the developer in May 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 2.98M19 May 2014
Current rentAED 51K /yr2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Marina Tower

What is 2303 worth today?

Last sold for AED 2,980,000 in 2014

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2 Sep 2022RentedNew contract
AED 51,000/yr12 months · AED 27 per sqft
6 Jul 2021RentedNew contract
AED 51,000/yr12 months · AED 27 per sqft
1 Aug 2020RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
1 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
19 May 2014Sold by developerReady
AED 2,980,000AED 1,590 per sqft
4 Oct 2012RentedNew contract
AED 110,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
2-bed apartment
Size
1,873 sqft
Floor
23rd of 32
Parking
P8-188
Developer
Select Global Development
Completed
2006
Service charge
AED 31,700 /yr
Last sold
AED 2.98M · May 2014
Building
Marina Tower

About 2303, Marina Tower

2303 is a two-bedroom apartment of 1,873 sqft on the 23rd floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 19 May 2014 for AED 2,980,000, or AED 1,590 per sqft, in line with the AED 1,555 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 2 September 2022, is AED 51,000 a year: a gross yield of 1.7% on the 2014 price, before the service charge of about AED 31,700 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical two-bed in Marina Tower
1M2M3M2013201720212025Typical sale price by year: 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 2,745,000; 2019 AED 1,200,000; 2021 AED 1,575,000; 2022 AED 1,670,000; 2023 AED 2,048,408; 2024 AED 2,300,000; 2025 AED 2,350,000Sold by developer, May 2014: AED 2,980,000 (AED 1,590 per sqft)

2303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in Marina Tower
50K100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,000; 2014 AED 145,000; 2015 AED 142,500; 2016 AED 143,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 120,000; 2020 AED 95,367; 2021 AED 95,000; 2022 AED 107,500; 2023 AED 135,000; 2024 AED 135,000; 2025 AED 150,000; 2026 AED 150,000New contract, October 2012: AED 110,000 a yearNew contract, August 2019: AED 120,000 a yearRenewal, August 2020: AED 95,000 a yearNew contract, July 2021: AED 51,000 a yearNew contract, September 2022: AED 51,000 a year

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

2-beds in Marina Tower, and where 2303 sits

All 70 2-beds →

2303 last sold in May 2014 at AED 1,590 per sqft, in line with what two-beds in Marina Tower were fetching at the time (AED 1,555). Over the last 12 months two-beds sold for AED 2,475,000 to 2,500,000, around AED 1,648 per sqft, and rent for AED 115,000 to 330,000 a year. 2303's AED 51,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20262,500,000
26 Jan 20262,475,000
21 Feb 20252,350,000
31 Jan 20252,100,000
2 2-bed sales in the last 12 months

Marina Tower

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,891 Up 3.1%
Typical sale
AED 3.4M
Typical rent
AED 143K /yr
Typical yield
5.7%
Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 197 units in Marina Tower
Value
23013-bedAED 3.4M · Apr 2026
23021-bedAED 1.65M · Sep 2014
23042-bedAED 2.6M · Aug 2016
23053-bedAED 3.96M · Jun 2025

2303, Marina Tower in numbers

  • Sold once: by Select Global Development on 19 May 2014 for AED 2,980,000, or AED 1,590 per sqft.
  • Rented since October 2012 on 5 Ejari contracts, from AED 110,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2014 price is 1.7%, before a service charge of about AED 31,700 a year (AED 16.91 per sqft).
  • Two-beds in Marina Tower sold for AED 2,475,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,891 per sqft.

Source: Dubai Land Department. Updated 2 September 2022.

Questions about 2303, Marina Tower

What did unit 2303 last sell for?

AED 2,980,000 on 19 May 2014, sold by the developer: AED 1,590 per sqft for 1,873 sqft. It is the only registered sale of the unit.

What is the rent for unit 2303?

AED 51,000 a year on the contract signed on 2 September 2022. The previous contract, from July 2021, was AED 51,000; the unit has been rented since October 2012.

How big is unit 2303?

1,873 sqft (174.0 sqm): a two-bedroom apartment on the 23rd floor of a 32-storey tower completed in 2006.

What is unit 2303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Tower sold for AED 2,475,000 to 2,500,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 2303, Marina Tower

Starts from the last sale price (AED 2.98M, 19 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,980,000
Deposit, UAE resident (20%)
AED 596,000
Deposit, non-resident (40%)
AED 1,192,000
Monthly over 25 years at 3.7%
AED 12,192

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