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23 Marina tower, photo of May 2024 Completed 23 Marina under construction, November 2007 23 Marina tower in Dubai Marina, photo of 19 August 2012 23 Marina under construction, 10 September 2007

23 Marina

Select Group

Dubai Marina

23 Marina tower, photo of May 2024 Photo: BS2024

Height
392 m
Floors
88
Units
294
Status
Completed
DLD No.
151
Project
DP-0014

Overview

23 Marina is a single residential tower on Marina Walk in Dubai Marina. Public sources put it at 88 floors above ground and about 392 m, which made it the tallest all-residential building in the world until the neighbouring Princess Tower overtook it. Construction began around 2006 and Wikipedia gives a completion date of 24 May 2012, while the project's registered plan at the Dubai Land Department (project no. 151) had promised August 2010. DLD lists the project as finished at 100%, with 294 registered units and Hircon International as developer; the sales in the building today are resales between owners. Apartments run from two-bedroom units of roughly 1,600 sq ft to three-bedroom units of 2,100 to 3,100 sq ft, plus four-bedroom duplexes of about 5,600 to 6,000 sq ft, with separate pools for adults and children, a gym, a spa and a running track listed by Bayut. Handover is not documented in the sources we found, so we do not state it. Prices and rents on this page come from DLD registered transactions for the current year; asking prices from adverts are shown separately and are not sale prices. In March 2026 the facade was reported damaged by debris from an intercepted projectile; accounts differ and we found no official repair update, so check the building's condition with the management before buying or renting.

Timeline

  1. Construction completed Wikipedia
  2. Planned completion registered at DLD (not met; the tower finished in 2012) Planned Dubai Land Department — Project Status
  3. Project registered with DLD Dubai Land Department — Project Status
  4. Foundation raft completed Wikipedia
  5. Construction started Wikipedia
Project type
Residential
1 source
Construction status
Completed
1 source
Progress
100%
1 source
Construction start
Oct 2006
Sources differ
Completion
Aug 2010
1 source
Actual handover
Not stated
DLD project number
151
1 source
DLD registration date
8 Nov 2008
1 source
Project ID
DP-0014

Building and units

Height
392 m
Sources differ
Floors
88
Sources differ
Blocks
1
2 sources
Total units
294
Sources differ
Parking spaces
574
1 source
Developer
Select Group
Sources differ
Consultant
KEO International Consultants
1 source
  • KEO International Consultants · CTBUH
Main contractor
Dubai Civil Engineering
2 sources
  • Dubai Civil Engineering · CTBUH
  • Dubai Civil Engineering · Wikipedia
Height against other projects here
425 m
Marina 101
414 m
Princess Tower
392 m
23 Marina
377 m
Ciel Dubai Marina (Ciel Tower)
307 m
Cayan Tower

Heights as reported by sources, not checked against an official record.

Show as a table
ProjectHeightFloors
Marina 101425 m101 floors
Princess Tower414 m101 floors
23 Marina392 m88 floors
Ciel Dubai Marina (Ciel Tower)377 m82 floors
Cayan Tower307 m75 floors

Unit types and sizes

Each row keeps its own source. The bar shows where the size range sits among this project's units.

Type Units Size Source
2 bedroom Not stated 1,615 – 2,787 sq ft Bayut
3 bedroom Not stated 2,100 – 3,100 sq ft Bayut
4 bedroom duplex Not stated 5,600 – 6,000 sq ft Bayut

In the building

  • Residential amenities (pool, gym) as reportedWikipedia
  • Swimming pools (separate adults' and kids' pools)Bayut
  • GymBayut
  • SpaBayut
  • Children's play areaBayut
  • Running trackBayut
  • 24-hour concierge and CCTVBayut
  • Private lift for each duplex (62 lifts in the tower)Wikipedia

Worth knowing

Developer
Select Group Wikipedia
Use
All-residential tower Wikipedia
Height
About 392 m, 88 floors Wikipedia
Completed
2012 Wikipedia
Location
Dubai Marina Wikipedia
Handover status
Unknown Dubai Land Department — Project Status
Architect of record
Hafeez Contractor (with KEO International Consultants) Wikipedia
Registered escrow agent
Standard Chartered Bank Dubai Land Department — Project Status
Land area (DLD)
82,125.91 sq m Dubai Land Department — Project Status
Reported incident, March 2026
Facade fire after debris from an intercepted projectile; no casualties in the tower reported Wikipedia
Multi-year price change
Not found DXBinteract
Maintenance cost
Included in the service charge Bayut

Prices and rents

Recorded sales

Figures sources attribute to recorded deals. Not checked against DLD yet.

Figure Value Property type Period Source
Average sale price AED 3,935,714 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Median sale price AED 3,125,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Median price per sq ft AED 1,370.46 / sq ft All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Lowest recorded price AED 2,100,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Highest recorded price AED 9,900,000 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Number of sales 14 All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Total sales volume AED 55.1M All units Jan 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Price change over one year -1.9% Residential 12 months vs previous 12 months DXBinteract Data to 9 Nov 2026
Price change over several years Not stated

Asking prices

What sellers ask in adverts. Kept apart from deals because an asking price is not a sale.

Figure Value Property type Period Source
Median asking price per sq ft AED 2,347 / sq ft Residential Not stated Property Finder Data to 9 Nov 2026
Lowest asking price AED 3,100,000 Residential Not stated Property Finder Data to 9 Nov 2026
Highest asking price AED 4,200,000 Residential Not stated Property Finder Data to 9 Nov 2026
Sale adverts 2 Residential Not stated fam Properties Data to 9 Nov 2026
Rent adverts 4 Residential Not stated fam Properties Data to 9 Nov 2026

Rents

Figure Value Property type Period Source
Annual rent AED 180,000 All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Annual rent per sq ft AED 80.40 / sq ft All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026
Number of rent contracts 20 All units Aug 2026 – Nov 2026 Dubai Land Department — Open Data Data to 9 Nov 2026

Individual deals on record

Grants and mortgages are shown for context and are not counted as market prices.

DateDealAmountSizePer sq ftSource
21 Oct 2026 Sale AED 9,900,000 5,645 sq ft 1,754 Dubai Land Department — Open Data
18 Sep 2026 Sale AED 2,900,000 2,161 sq ft 1,342 Dubai Land Department — Open Data
18 Sep 2026 Sale AED 4,500,000 2,980 sq ft 1,510 Dubai Land Department — Open Data
16 Sep 2026 Sale AED 2,950,000 2,161 sq ft 1,365 Dubai Land Department — Open Data
16 Sep 2026 Sale AED 3,000,000 2,161 sq ft 1,388 Dubai Land Department — Open Data
10 Sep 2026 Sale AED 3,150,000 2,146 sq ft 1,468 Dubai Land Department — Open Data
3 Sep 2026 Sale AED 4,100,000 2,980 sq ft 1,376 Dubai Land Department — Open Data
21 Aug 2026 Sale AED 2,700,000 2,161 sq ft 1,249 Dubai Land Department — Open Data
14 Aug 2026 Sale AED 2,100,000 1,617 sq ft 1,299 Dubai Land Department — Open Data
22 Jul 2026 Sale AED 2,150,000 1,617 sq ft 1,330 Dubai Land Department — Open Data
17 Jul 2026 Sale AED 7,600,000 5,645 sq ft 1,346 Dubai Land Department — Open Data
12 Jun 2026 Sale AED 3,250,000 1,617 sq ft 2,010 Dubai Land Department — Open Data
6 Mar 2026 Sale AED 3,100,000 2,146 sq ft 1,445 Dubai Land Department — Open Data
19 Feb 2026 Sale AED 3,700,000 2,980 sq ft 1,242 Dubai Land Department — Open Data

Rent contracts on record

StartsRent per yearSizePer sq ftSource
6 Nov 2026 AED 145,000 1,617 sq ft 90 Dubai Land Department — Open Data
23 Oct 2026 AED 305,000 2,980 sq ft 102 Dubai Land Department — Open Data
15 Oct 2026 AED 250,000 2,980 sq ft 84 Dubai Land Department — Open Data
14 Oct 2026 AED 130,000 1,615 sq ft 80 Dubai Land Department — Open Data
7 Oct 2026 AED 200,000 2,982 sq ft 67 Dubai Land Department — Open Data
5 Oct 2026 AED 205,000 2,164 sq ft 95 Dubai Land Department — Open Data
1 Oct 2026 AED 180,000 2,142 sq ft 84 Dubai Land Department — Open Data
1 Oct 2026 AED 435,000 5,645 sq ft 77 Dubai Land Department — Open Data
22 Sep 2026 AED 200,000 2,982 sq ft 67 Dubai Land Department — Open Data
22 Sep 2026 AED 180,000 2,161 sq ft 83 Dubai Land Department — Open Data
18 Sep 2026 AED 160,000 2,146 sq ft 75 Dubai Land Department — Open Data
11 Sep 2026 AED 130,000 1,617 sq ft 80 Dubai Land Department — Open Data
8 Sep 2026 AED 130,000 1,617 sq ft 80 Dubai Land Department — Open Data
3 Sep 2026 AED 180,000 2,146 sq ft 84 Dubai Land Department — Open Data
28 Aug 2026 AED 127,000 1,617 sq ft 79 Dubai Land Department — Open Data
28 Aug 2026 AED 200,000 2,982 sq ft 67 Dubai Land Department — Open Data
15 Aug 2026 AED 210,000 2,980 sq ft 70 Dubai Land Department — Open Data
13 Aug 2026 AED 170,000 2,161 sq ft 79 Dubai Land Department — Open Data
12 Jul 2026 AED 140,000 5,645 sq ft 25 Dubai Land Department — Open Data
1 Apr 2026 AED 135,000 1,617 sq ft 83 Dubai Land Department — Open Data

Charts

Every recorded sale: price per sq ft
1,2001,4001,6001,8002,0002,200Feb 2026Oct 2026Apr 2026Jun 2026Aug 2026Median 1,3701,2001,4001,6001,8002,0002,200Feb 2026Oct 2026Jul 2026Median 1,370

The grey line is the median of these 14 deals.

Show as a table
DatePer sq ftAmountSize (sq ft)Source
19 Feb 2026AED 1,242 / sq ftAED 3,700,0002,980Dubai Land Department — Open Data
6 Mar 2026AED 1,445 / sq ftAED 3,100,0002,146Dubai Land Department — Open Data
12 Jun 2026AED 2,010 / sq ftAED 3,250,0001,617Dubai Land Department — Open Data
17 Jul 2026AED 1,346 / sq ftAED 7,600,0005,645Dubai Land Department — Open Data
22 Jul 2026AED 1,330 / sq ftAED 2,150,0001,617Dubai Land Department — Open Data
14 Aug 2026AED 1,299 / sq ftAED 2,100,0001,617Dubai Land Department — Open Data
21 Aug 2026AED 1,249 / sq ftAED 2,700,0002,161Dubai Land Department — Open Data
3 Sep 2026AED 1,376 / sq ftAED 4,100,0002,980Dubai Land Department — Open Data
10 Sep 2026AED 1,468 / sq ftAED 3,150,0002,146Dubai Land Department — Open Data
16 Sep 2026AED 1,365 / sq ftAED 2,950,0002,161Dubai Land Department — Open Data
16 Sep 2026AED 1,388 / sq ftAED 3,000,0002,161Dubai Land Department — Open Data
18 Sep 2026AED 1,342 / sq ftAED 2,900,0002,161Dubai Land Department — Open Data
18 Sep 2026AED 1,510 / sq ftAED 4,500,0002,980Dubai Land Department — Open Data
21 Oct 2026AED 1,754 / sq ftAED 9,900,0005,645Dubai Land Department — Open Data
Market in Dubai Marina: price per sq ft by month
1,8002,0002,2002,4001,921Jan 2026Mar 20262,355May 2026Jul 2026Sep 20261,8061,881Nov 20261,8002,0002,2002,4001,921Jan 20262,355Jul 20261,8061,881Nov 2026

The whole district, not this building. Source: Dubai Land Department — Open Data

Show as a table
MonthMedian AED / sq ft
Jan 2026AED 1,921 / sq ft
Feb 2026AED 1,967 / sq ft
Mar 2026AED 2,108 / sq ft
Apr 2026AED 2,355 / sq ft
May 2026AED 2,063 / sq ft
Jun 2026AED 1,897 / sq ft
Jul 2026AED 2,307 / sq ft
Aug 2026AED 2,271 / sq ft
Sep 2026AED 2,115 / sq ft
Oct 2026AED 1,806 / sq ft
Nov 2026AED 1,881 / sq ft
Annual rent per sq ft, last 12 months
2040608010083Apr 202625Jul 2026Sep 202690Nov 20262040608010083Apr 202625Aug 202690Nov 2026
Show as a table
MonthMedian AED / sq ft
Apr 2026AED 83.49 / sq ft
Jul 2026AED 24.80 / sq ft
Aug 2026AED 74.51 / sq ft
Sep 2026AED 80.40 / sq ft
Oct 2026AED 83.89 / sq ft
Nov 2026AED 89.67 / sq ft
Sales per month
02461Feb 20261Mar 20261Jun 20262Jul 20262Aug 20266Sep 20261Oct 202602461Feb 20261Mar 20261Jun 20262Jul 20262Aug 20266Sep 20261Oct 2026

Months without a record are not shown, which does not mean no deals took place.

Show as a table
MonthSales
Feb 20261
Mar 20261
Jun 20261
Jul 20262
Aug 20262
Sep 20266
Oct 20261
Price per sq ft against the area
23 Marina Dubai Marina
01,0002,0003,0001,3702,061Dubai Land Department — Open Data01,0002,0003,0001,3702,061Dubai Land Department — Open Data
Show as a table
Source23 MarinaDubai Marina
Dubai Land Department — Open DataAED 1,370 / sq ftAED 2,061 / sq ft
Rental yield against similar projects
024685.9%23 Marina5.6%Princess Tower6.8%Marina 1015.9%Cayan Tower024685.9%23 Marina5.6%Princess Tower6.8%Marina 1015.9%Cayan Tower
Show as a table
ProjectGross yield
23 Marina5.87%
Princess Tower5.58%
Marina 1016.79%
Cayan Tower5.90%
Construction progress over time
0%50%100%0%Oct 2006100%May 2012100%Nov 20260%50%100%0%Oct 2006100%100%Nov 2026
Show as a table
DateProgress
Oct 20060%
May 2012100%
Nov 2026100%

Investment analysis

Gross Rental Yield
5.87%
(AED 80.40 / sq ft ÷ AED 1,370.46 / sq ft) × 100
Net Rental Yield
4.61%
((AED 80.40 / sq ft − AED 14.71 / sq ft) ÷ AED 1,425.28 / sq ft) × 100
Payback Period
21.7 years
AED 1,425.28 / sq ft ÷ (AED 80.40 / sq ft − AED 14.71 / sq ft)
Capital Appreciation
-1.9%
Reported by DXBinteract

Per square foot. Net figures add a 4% transfer fee to the price; the flat title deed fee is left out at this scale.

Rental Yield reported by a source
6.0% DXBinteract
ROI
Not stated Depends on your resale price and holding period. Enter them in the calculator below.
Average monthly rent
AED 6.70 / sq ft AED 80.40 / sq ft ÷ 12
Service charge, yearly
AED 14.71 / sq ft Bayut
Maintenance, yearly
Not stated
Buying costs (assumed)
4% + AED 580 DLD transfer fee and title deed, from secondary sources. Agent and trustee fees are not included.

Run your own numbers

Filled in from the leading figures above. Replace them with the real quote for your unit. Nothing you type is stored.

Total acquisition cost–
Gross yield–
Net yield–
Payback–
Monthly rent–
ROI over the holding period–

Location

Google Maps Street View Satellite view Google Earth

Distances

Place Kind By road Straight line By car Source
Al Fardan Exchange Metro 4.4 km 0.8 km 6 min OpenStreetMap
Burj Khalifa / The Dubai Mall Downtown Dubai 19.7 km 17.3 km 19 min OpenStreetMap
Dubai International Airport (DXB) Airport 34.7 km 28.1 km 33 min OpenStreetMap
Shopping Not stated
Emirates Hospital Hospital 2.8 km 1.0 km 4 min OpenStreetMap
ICCA Dubai School 3.4 km 1.8 km 5 min OpenStreetMap

Around the project

Compared with other projects

Project Status Height Floors Units Progress Completion Price
23 Marina Completed 392 m 88 294 100% Aug 2010 AED 3.94MAverage sale price
Princess Tower Completed 414 m 101 763 100% Oct 2011 AED 2.34MAverage sale price
Marina 101 Completed 425 m 101 488 97% Jun 2018 AED 4.99MAverage sale price
Cayan Tower Completed 307 m 75 495 100% Not stated AED 3.37MAverage sale price

Every figure here is a research figure. Prices are the headline figure of each project, so they are not always the same kind of number: read the small line under each.

Expert analysis

Mr Amlak's reading of the sources listed on this page. It is not a rating or an opinion of the Dubai Land Department.

Strengths

A landmark 88-floor tower on Marina Walk with large units, duplexes and a full amenity list; DLD shows steady resale activity this year.

Based on: CTBUH, Bayut, DLD open data

Weaknesses

Service charge of about AED 14.7 per sq ft is on the high side for large units, and sources disagree (14.71, 14.86, 17.07). The tower is 14 years old, so ask for the sinking-fund and maintenance history.

Based on: Bayut, Property Finder, directory listing

Investment opportunities

Registered rents (20 Ejari contracts, last 90 days) have a median of AED 180,000 a year, about AED 80 per sq ft; set against the 2026 median registered price of AED 3.125M this gives a rough gross yield near 5.8%, in line with the 6.0% DXBinteract reports (different samples, so only indicative). DXBinteract also shows a 1.9% fall in median price per sq ft over 12 months.

Based on: DLD open data 2026 and DXBinteract

Investment risks

Facade damage was reported in March 2026 and no official repair update was found; handover documents are also missing in our sources. Also note that a few large units sell per year, so one or two deals can move the median.

Based on: Wikipedia, DLD

Market reading

DLD registered 14 resales in 2026 (all ready, none off-plan) between AED 2.1M and AED 9.9M, median AED 3.125M and AED 1,370 per sq ft. The Dubai Marina area median is AED 2,061 per sq ft, so 23 Marina trades below it per sq ft, which mostly reflects its large units (most deals were 3-bedrooms of 2,100 to 3,000 sq ft). With about one deal a month, the median is sensitive to individual sales.

Based on: DLD open data 2026

Conclusion

23 Marina suits buyers and tenants who want a large Marina apartment in an established tower; compare asking prices with the registered ones above, check the service charge and ask about the facade repair status. This is information, not a profit forecast.

Documents and official pages

Wikipedia: 23 Marina Other DLD project status (Mashrooi) Official page CTBUH Skyscraper Center: 23 Marina Other

Sources

Source Kind Items Latest data date Last checked
Dubai Land Department — Open Data Official 56 9 Nov 2026 9 Nov 2026
Dubai Land Department — Project Status Official 15 9 Nov 2026 9 Nov 2026
Wikipedia Reference 27 Not stated Not stated
Bayut Listings portal 13 9 Nov 2026 Not stated
OpenStreetMap Reference 10 Not stated Not stated
CTBUH Reference 7 Not stated Not stated
Property Finder Listings portal 3 9 Nov 2026 Not stated
DXBinteract Market data 3 9 Nov 2026 Not stated
fam Properties Reference 2 9 Nov 2026 Not stated

Photo credits

Photo Credit Licence Source
23 Marina tower, photo of May 2024 BS2024 CC BY-SA 4.0 Source page
23 Marina under construction, November 2007 Imre Solt / Wikimedia Commons CC BY-SA 3.0 Source page
23 Marina tower in Dubai Marina, photo of 19 August 2012 Fabio Achilli CC BY 2.0 Source page
23 Marina under construction, 10 September 2007 Imre Solt CC BY-SA 3.0 Source page
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