2-bed · 1,499 sqftMarina Tower, Dubai Marina · 24th floor · completed 2006

2403, 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 2403 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 2.66M19 May 2014
Current rentAED 123K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Marina Tower

What is 2403 worth today?

Last sold for AED 2,660,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Apr 2024RentedRenewal
AED 123,000/yr12 months · AED 82 per sqft
15 Apr 2024RentedRenewal
AED 123,000/yr12 months · AED 82 per sqft
15 Apr 2023RentedRenewal
AED 123,000/yr12 months · AED 82 per sqft
15 Apr 2022RentedNew contract
AED 123,000/yr12 months · AED 82 per sqft
7 Feb 2021RentedNew contract
AED 82,000/yr12 months · AED 55 per sqft
14 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 84 per sqft
14 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 84 per sqft
19 May 2014Sold by developerReady
AED 2,660,000AED 1,774 per sqft

Source: Dubai Land Department. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,499 sqft
Floor
24th of 32
Parking
P8-197
Developer
Select Global Development
Completed
2006
Service charge
AED 25,300 /yr
Last sold
AED 2.66M · May 2014
Building
Marina Tower

About 2403, Marina Tower

2403 is a two-bedroom apartment of 1,499 sqft on the 24th 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 2,660,000, or AED 1,774 per sqft, 14% above the AED 1,555 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 123,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 25,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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 2,660,000 (AED 1,774 per sqft)

2403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, each contractTypical two-bed in Marina Tower
100K150K2012201620202024Typical 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, November 2012: AED 110,000 a yearNew contract, October 2018: AED 125,000 a yearRenewal, October 2019: AED 125,000 a yearNew contract, February 2021: AED 82,000 a yearNew contract, April 2022: AED 123,000 a yearRenewal, April 2023: AED 123,000 a yearRenewal, April 2024: AED 123,000 a yearRenewal, April 2024: AED 123,000 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 2403 sits

All 70 2-beds →

2403 last sold in May 2014 at AED 1,774 per sqft, 14% above 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. 2403's AED 123,000 is in the lower half 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 24th floor

All 197 units in Marina Tower
Value
24013-bedAED 2.7M · Oct 2014
24021-bedAED 1.36M · Apr 2017
24042-bedAED 2.75M · Sep 2023
24053-bedAED 3.75M · Jun 2025

2403, Marina Tower in numbers

  • Sold once: by Select Global Development on 19 May 2014 for AED 2,660,000, or AED 1,774 per sqft.
  • Rented since November 2012 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 82,000 in 2021 and recovered to AED 123,000 by April 2024.
  • At AED 123,000 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 25,300 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 15 April 2024.

Questions about 2403, Marina Tower

What did unit 2403 last sell for?

AED 2,660,000 on 19 May 2014, sold by the developer: AED 1,774 per sqft for 1,499 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 123,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2024, was AED 123,000; the unit has been rented since November 2012.

How big is unit 2403?

1,499 sqft (139.3 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower completed in 2006.

What is unit 2403 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.

Selling 2403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2403, Marina Tower

Starts from the last sale price (AED 2.66M, 19 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,660,000
Deposit, UAE resident (20%)
AED 532,000
Deposit, non-resident (40%)
AED 1,064,000
Monthly over 25 years at 3.7%
AED 10,883

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