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23 Marina

A 3 bed in 23 Marina costs a median AED 3.15M, rents long-let for AED 215,000/yr (6.94% gross), and returns 13.69% short-let at the assumed 80% occupancy — +1.3 pts vs Dubai Marina's 5.62% and -0.0 pts vs Dubai's 6.97% — from 22 sales and 68 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 3 bed
6 in 12 months
Rental contracts · 3 bed
38 in 12 months
Buy
3.15MAED
AED 1,393/sqft
Long-let
6.94%
AED 215,000/yr
Short-let
13.69%
AED 1,899/night · 0.85/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
+1.3 pts
vs the Dubai Marina median for this unit type
Turnover upside
+4.9%
new tenants pay more than sitting ones — 53 renewals
AED/yr/sqft
AED 89
Sales
22
Rental contracts
68
Renewal rent
AED 205,000/yr
12 months
-1.5%
3 years
+15.5%+4.9%/yr
5 years
+80.5%+12.5%/yr

Based on 22 sales and 68 rental contracts in the last 24 months.

23 Marina is an apartment building in Dubai Marina, Dubai. The closest metro station is Mina Seyahi, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 448 registered sales in all — the 22 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
2 bedAED 2.20M13616.98%
+1.2 pts
-1.1%7
3 bedAED 3.15M14156.94%
+1.3 pts
-1.5%22
4+ bedAED 12.30M21794.03%
-2.6 pts
-29.4%6

Deltas compare each yield with the Dubai Marina median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around 23 Marina

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
2 bed500m8940.55AED 193,342AED 150,0001.3×8.79%10+
3 bed1,8990.85AED 431,210AED 215,0002.0×13.69%3+
4+ bed500m1,7750.31AED 343,286AED 500,0000.7×2.79%3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.67 AED/night/sqft; latest Sep 2027, 0.78 AED/night/sqft; peak Nov 2026, 0.98 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because 23 Marina itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in 23 Marina between 2009 and 2012 went for a median of AED 930/sqft (AED 2.46M). The same building resells today at AED 1,418/sqft (AED 3.20M) — an uplift of +30.0%.

Based on 309 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 28 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
24 Aug 20263 bed2,161AED 2,700,0001,249
14 Aug 20262 bed1,617AED 2,100,0001,299
22 Jul 20262 bed1,617AED 2,150,0001,330
20 Jul 20264+ bed5,645AED 7,600,0001,346
15 Jun 20262 bed1,617AED 3,250,0002,010

5 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20264+ bed5,645AED 300,00053Renewal
1 Sept 20262 bed1,617AED 125,00077New
28 Aug 20263 bed2,980AED 200,00067New
15 Aug 20263 bed2,980AED 210,00070New
1 Aug 20263 bed2,146AED 160,00075Renewal
26 Jul 20263 bed2,146AED 235,000110Renewal
15 Jul 20263 bed2,161AED 210,00097Renewal
15 Jul 20263 bed2,161AED 160,00074New
8 Jul 20264+ bed5,758AED 450,00078New
1 Jul 20263 bed2,980AED 200,00067New
1 Jul 20263 bed2,980AED 225,00076New
1 Jul 20263 bed2,146AED 180,00084New
30 Jun 20263 bed2,980AED 220,00074New
30 Jun 20263 bed2,146AED 180,00084New
26 Jun 20263 bed2,980AED 240,00081New
25 Jun 20263 bed2,980AED 247,00083New
25 Jun 20263 bed2,980AED 220,00074New
23 Jun 20263 bed2,146AED 190,00089New
15 Jun 20263 bed2,980AED 285,00096New
13 Jun 20263 bed2,146AED 193,00090Renewal
8 Jun 20262 bed1,617AED 140,00087Renewal
6 Jun 20262 bed1,617AED 130,00080New
4 Jun 20263 bed2,146AED 280,000130New
1 Jun 20264+ bed5,645AED 500,00089New

24 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
62
Flats
289

Nearby

Metro
Mina Seyahi
Mall
Marina Mall
Landmark
Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Dubai Marina, on the same figures over the same window.

Common questions

What is the rental yield in 23 Marina?
23 Marina returns 6.94% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 68 rental contracts registered in the last 24 months.
How much does a 3 bedroom in 23 Marina cost?
The median registered sale price is AED 3.15M (1,415 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in 23 Marina selling for right now?
Registered sales of ready units in 23 Marina over the last 12 months have a median of 1,393 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in 23 Marina risen or fallen?
Median price per square foot moved -1.5% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
How does 23 Marina compare with Dubai Marina?
Its 6.94% gross yield sits +1.3 pts against the Dubai Marina median of 5.62%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

23 Marina sale record

Record type
Building-level property market record
Data date
Evidence base
22 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/dubai-marina/23-marina
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “23 Marina sale prices and yield.” Dubai Marina, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/23-marina.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.