What is the rental yield in 23 Marina?

23 Marina returns 6.8% gross: a median new-contract rent of AED 210,000 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 3.10M (median of 11 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 3 bedroom in 23 Marina cost?

The median registered sale price is AED 3.10M (1,376 AED/sqft), from 11 Dubai Land Department sales in the last 12 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 1,376 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in 23 Marina risen or fallen?

Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does 23 Marina compare with Dubai Marina?

Its 6.8% gross yield sits +1.6 pts against the Dubai Marina median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

23 Marina

Completed 2012
289 units
62 floors

A 3 bed in 23 Marina costs a median AED 3.10M, rents long-let for AED 210,000/yr (6.8% gross), and returns 12.0% short-term at the assumed 70% occupancy.

Satellite view of 23 Marina, Dubai Marina, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Dubai Marina district around 23 Marina, with roads and landmarks named. Apple Maps.

Street map around 23 Marina, Dubai Marina, centred on its registered pin. Apple Maps.

3 bed · typical price

3.10MAED

AED 1,376/sqft · -3.1% on a year

Rent a year: AED 210,000
Yield after service charge: 5.3%
vs Dubai Marina: 26% below the median

Cost to buy, all inAED 3.29M

Price: AED 3.10M
DLD fee 4%: AED 124,000
Agent 2% + VAT: AED 65,100
Trustee: AED 4,200

Fees repaid by net rent14 months

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Is 23 Marina a good investment?Little new supply nearby; few units are let and prices are slipping

Does it pay a good rent?6.8% gross, 5.3% after the service charge (Dubai median 6.8%)6.8%Fair
Is it easy to let?31% of units signed a yearly lease in 12 months; the typical Dubai Marina building manages 39%31%Watch
Dubai Marina median 39% · top tenth from 63%23 Marina · 31%
Across 43 Dubai Marina buildings with 40 or more units, the median signed annual leases on 39% of units in 12 months and the top tenth on 63% or more; 23 Marina is at 31%.
Are rents going up?New 3 bed leases: AED 210,000 a year ago, AED 210,000 now0.0%Fair
Are prices going up?3 bed: AED 1,420/sqft a year ago, 1,376 now-3.1%Watch
How fast do fees pay back?AED 193,300 in fees to buy a 3 bed; net rent covers it in 1.2 years1.2 yrsFair
Can I sell easily?16 sales in 12 months, 6% of the tower (22 the year before)16Fair
Is a lot being built nearby?2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today. A further 693 are past their planned date. Dubai Marina supply by year →19%Strength
Did earlier buyers gain?Up 77% for buyers 5 years ago; up 46% for launch buyers, before fees+76.7%Context

Readings use published thresholds · 3 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

23 Marina prices and rents by unit typeA three-bed costs about AED 3.10M and rents for about AED 210,000 a year

Type	Median price	New rent	12-month change	Sales
2 bed48 units · 1,617 sqft	AED 2.17M1,345/sqft	6.1%+0.3 pts	AED 132,50012 contracts	under 5 sales in a year	4
3 bed192 units · 2,570 sqft	AED 3.10M1,376/sqftlaunch 919 +49.7%	6.8%+1.6 pts	AED 210,00040 contracts	-3.1%	11
4+ bed49 units · 5,645 sqft	AED 7.60M1,346/sqft	under 3 sales	not published	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

3 bed · price per sqft · Dubai Marina · area median AED 1,871/sqft

12-month change: -3.1%
3 years: +14.1% · +4.5%/yr
5 years: +78.3% · +12.3%/yr
vs area median: -26.4%
Rank by price per sqft: 39th of 44
Off-plan price gain, 2009–2012: +50.9% · +2.7%/yr

Rental income

3 bed · Dubai Marina

Gross yield: 6.8%
Median new rent: AED 210,000/yr
Yield vs area median: +1.6 pts
Yield vs Dubai (6.8%): +0.0 pts
Yield rank: 4th of 22
Renewal rent: AED 205,000/yr
New tenants pay vs sitting (19 renewals): +2.4%

Short-term income

3 bed · 70% occupancy · 7-night stays

Modelled yield at 70% occupancy: 12.0%
Median nightly rate: AED 1,899
Net revenue: AED 372,202/yr
vs long-let rent: 1.8×
Listings seen: 3+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 3 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,365 · before fees

Launch, 2009–12: 932; +46%; 231 sales
5 years ago: 772; +77%; 18 sales
3 years ago: 1,242; +10%; 39 sales
Previous 12 months: 1,465; −7%; 22 sales
Last 12 months: 1,365; today; 16 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

Date	Type	Sqft	Price
18 Sept 2026	3 bed	2,980	AED 4,500,000	1,510
18 Sept 2026	3 bed	2,161	AED 2,900,000	1,342
16 Sept 2026	3 bed	2,161	AED 2,950,000	1,365
16 Sept 2026	3 bed	2,161	AED 3,000,000	1,388
10 Sept 2026	3 bed	2,146	AED 3,150,000	1,468
3 Sept 2026	3 bed	2,980	AED 4,100,000	1,376
24 Aug 2026	3 bed	2,161	AED 2,700,000	1,249
14 Aug 2026	2 bed	1,617	AED 2,100,000	1,299
22 Jul 2026	2 bed	1,617	AED 2,150,000	1,330
20 Jul 2026	4+ bed	5,645	AED 7,600,000	1,346

16 resales in the last 12 months.

Short-term rates around 23 Marina

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

Occupancy assumption70%

Type	Nightly, AED	Net revenue at 70%	Long-let rent	Uplift	Net yield
2 bed500 m cluster · 10+ listings seen	8940.55/sqft	AED 165,784	AED 132,500	1.3×	7.6%
3 bed3+ listings seen	1,8990.84/sqft	AED 372,202	AED 210,000	1.8×	12.0%
4+ bed500 m cluster · 3+ listings seen	1,7750.31/sqft	AED 288,540	AED 497,500	0.6×	—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Marina

Every Dubai Marina building with a page, ranked by price per sqft over the same 12 months, all unit types. 23 Marina places 114th of 134; the nearest 8 are shown.

Highest rental yields in Dubai Marina →

Rank	Building	Median price	Gross yield	12-month change	Sales
110	Yacht Bay	AED 1.72M	1,397+2.3%	—	-13.1%	13
111	Marina Diamond-2	AED 853,000	1,394+2.1%	—	-4.8%	13
112	La Riviera Tower	AED 1.82M	1,389+1.8%	—	-4.9%	8
113	Marina Diamond 5 (A)	AED 1.09M	1,384+1.4%	—	-3.2%	11
114	23 Marina · this buildingCompleted 2012 · off-plan 931/sqft	AED 3.05M	1,365	6.8%	-6.9%	16
115	Opal Tower	AED 1.50M	1,358-0.5%	—	-1.8%	7
116	Marina Diamond 4	AED 1.04M	1,343-1.6%	—	+6.0%	16
117	MAG218Completed 2010 · off-plan 805/sqft	AED 1.26M	1,343-1.6%	6.8%	+2.9%	29
118	Sulafa TowerCompleted 2010 · off-plan 1,110/sqft	AED 1.31M	1,318-3.5%	6.4%	+14.1%	38

Rank 1 is the dearest per square foot. Differences are against 23 Marina (AED 1,365/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 3 bed, 23 Marina has registered sale prices 26% below the Dubai Marina median price per square foot of 1,871 AED, across 44 eligible buildings. It ranks 39th of 44 by price per square foot and 4th of 22 by gross yield in Dubai Marina.

Market context in Dubai Marina

Registered sales activity

2,029 ready apartment sales in the 12 months to 2026-10-12.

+14.7% in median AED/sqft versus the preceding year, supported by 2,029 current and 2,897 prior price observations.

Explore sales activity

Planned apartment projects

2,006 known registered units across 4 pending projects planned within one year of the 2026-07-06 register.

4 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

2,685 apartments are planned in Dubai Marina from 2026 to 2028, equal to 19% of the 14,287 homes let there today.

Ready prices per sqft fell in 37% of 122 buildings (counted once per bedroom type) in Dubai Marina with sales in both years; the typical one moved +2.4%.

The pooled median moved +14.7%: 12.4 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 88% of 84 buildings (counted once per bedroom type) with leases in both years; the typical one moved −8.3%.

How these are counted

Find service-charge budget evidence for 23 Marina

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About 23 Marina

23 Marina is an apartment building completed in 2012 in Dubai Marina with 289 registered units. 229 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: AED 20.21/sqft a year · 2026 budget
Floors: 62

Drive times · typical

Downtown: 22 min · 21 km
DXB Airport: 27 min · 35 km
DIFC: 18 min · 24 km
Dubai Marina: 10 min · 3.2 km
Palm Jumeirah: 18 min · 12 km

Nearest, as registered

Metro: Mina Seyahi
Mall: Marina Mall
Landmark: Burj Al Arab

23 Marina: AED 1,365 per sq ft, 28% below the median Dubai Marina building, and a 6.8% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

23 MarinaAED 1,365
Dubai Marina, readyAED 2,011
Dubai Marina, off-planAED 3,049
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

23 MarinaDubai Marina median building

Dubai Marina6.8% vs 5.4%

Line: the 10th to 90th percentile of 62 buildings in Dubai Marina. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Marina, by handover quarter

Nearby in Dubai Marina

Every building in Dubai Marina →

Prices per sq ft around 23 Marina, on the map

Pills show median sale price, AED. 177 buildings pinned from Google place records and Apple geocoding · 23 Marina is the inverted pinOpen in Apple Maps

Torch Tower

Dubai Marina · 44 sales, 12 months

1.82M

AED, resale median · 1,488/sqft

DAMAC Heights

Dubai Marina · 44 sales, 12 months

2.86M

AED, resale median · 2,048/sqft

Elite Residence

Dubai Marina · 43 sales, 12 months

1.80M

AED, resale median · 1,406/sqft

LIV Marina

Dubai Marina · 41 sales, 12 months

3.00M

AED, resale median · 3,304/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 3 bed
11 registered sales in 12 months
On record
Rental evidence · 3 bed
40 new and 19 renewal contracts in 12 months · rent source: this building
On record
Service charge
AED 20.21/sqft a year, 2026 owners-association budget; 5.3% yield after it. Confirm against the latest invoice.
On record
Project register
23 Marina: recorded complete 2012-03-27 · register data to 2026-07-06
On record
Short-term assumption
Modelled at the published 70% occupancy on 3 listings seen; the dial above changes every short-term figure on this page
Read with care
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a 3 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from 23 Marina’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 13,785AED; 4.5% over 25 years
Monthly rent: 17,500AED; AED 210,000 a year
Cash needed at purchase: 847,300AED; 20% down plus AED 227,300 in fees

Owning costs AED 783,542 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in 23 Marina?: 23 Marina returns 6.8% gross: a median new-contract rent of AED 210,000 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 3.10M (median of 11 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a 3 bedroom in 23 Marina cost?: The median registered sale price is AED 3.10M (1,376 AED/sqft), from 11 Dubai Land Department sales in the last 12 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 1,376 AED/sqft, across 11 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in 23 Marina risen or fallen?: Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does 23 Marina compare with Dubai Marina?: Its 6.8% gross yield sits +1.6 pts against the Dubai Marina median of 5.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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23 Marina sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 11 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-marina/23-marina

Stable dataJSON