Market bulletin · Thu, 22 Oct 2026
23 Marina Tower: 1 sales worth AED 9.90M in 30 days
23 Marina Tower recorded 1 sale worth AED 9.90M in the 30 days to Thu, 22 Oct 2026, down 75.0% on the previous 30 days. Over the last week 1 sale was registered (AED 9.90M), against 0 the week before.
The median sale over the last three months was AED 3.08M, or AED 1,382/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Dubai Marina, 23 Marina Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Hircon International.
Leases registered in the last three months had a median annual rent of AED 180K. The best gross yield is on 3 BR apartments at about 6.3%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | AED 1,313 |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 1,388 |
| Jan 25 | AED 1,594 |
| Dec 24 | AED 1,305 |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 4 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 2 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | down 75.0% | AED 9.90M | — | — |
| Last 3 months | 6 | up 100.0% | AED 25.2M | 1,382 | — |
| Last 6 months | 9 | up 125.0% | AED 38.2M | 1,376 | — |
| Last 12 months | 13 | down 76.4% | AED 51.6M | 1,376 | down 0.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 13 | 100% | AED 3.15M | 1,376 | down 0.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 2 bedrooms | 4 | 31% | — | — | — |
| 3 bedrooms | 7 | 54% | AED 3.15M | 1,388 | up 2.7% |
| 4 bedrooms | 2 | 15% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 13 | 100% | AED 3.15M | 1,376 | up 1.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 175K |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 195K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 213K |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 183K |
| Jun 25 | AED 265K |
| May 25 | — |
| Apr 25 | AED 185K |
| Mar 25 | AED 198K |
| Feb 25 | AED 215K |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 101
- New leases
- 65.3%
- Median rent 3M
- AED 180K
- Rent/sqft 3M
- AED 80
| 3 BR apartments | AED 200K / AED 3.15M | 6.3% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 2 BR | 14 | AED 135K | — | 84 |
| 3 BR | 48 | AED 200K | AED 210K | 84 |
Competing projects in Dubai Marina
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Liv Waterside Residences - La Verda Suites and Villas (Arj & 2CDE Tower)LIV Real Estate Development | 78 | 3,209 | up 0.6% |
| Six Senses Residences Dubai MarinaSelect Group | 15 | 3,384 | — |
| Jumeirah Living Marina Gate (The Residences at Marina Gate 3)Select Group | 33 | 3,084 | — |
| Ciel Vignette CollectionThe First Group | 127 | 8,070 | — |
| Building D | 11 | 5,212 | — |
| LIV MarinaLIV Real Estate Development | 32 | 3,361 | — |
| Marina ShoresEmaar Properties | 32 | 2,616 | — |
| Damac HeightsDamac Properties | 36 | 1,898 | — |
| The Residences at Marina Gate 2Select Group | 22 | 2,737 | — |
| Cayan TowerCayan Investment & Development | 28 | 2,167 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 9.90M | 4 BR Apartment · 5,645 sqft23 Marina Tower · Dubai Marina | 21 Oct |
| AED 4.10M | 3 BR Apartment · 2,980 sqft23 Marina Tower · Dubai Marina | 3 Sept |
| AED 3.15M | 3 BR Apartment · 2,146 sqft23 Marina Tower · Dubai Marina | 10 Sept |
| AED 3.00M | 3 BR Apartment · 2,161 sqft23 Marina Tower · Dubai Marina | 16 Sept |
| AED 2.95M | 3 BR Apartment · 2,161 sqft23 Marina Tower · Dubai Marina | 16 Sept |
| AED 2.10M | 2 BR Apartment · 1,617 sqft23 Marina Tower · Dubai Marina | 14 Aug |
Questions about 23 Marina Tower
What is the average price per sqft in 23 Marina Tower?
The median sale price in 23 Marina Tower over the last three months was AED 1,382 per sqft (median sale AED 3.08M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in 23 Marina Tower in the last year?
13 sales worth AED 51.6M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in 23 Marina Tower?
The median annual rent on leases registered in the last three months was AED 180K, and the best gross rental yield is about 6.3%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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