# 23 Marina

Hircon International L.L.C · Dubai Marina · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 2 170 000 | Our calculation |
| Units | 294 | DLD registry |
| Declared handover | Q1 2012 | Developer supplied |
| Handover in DLD registry | 15.08.2010 | DLD registry |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| 2-bedroom apartments | 2 |  | 1 617 |  |
| 3-bedroom apartments | 3 |  | 2 146–2 980 | 2 880 000 |
| 4-bedroom apartments | 4 |  | 5 457–5 645 |  |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 151 | DLD registry |
| Construction | 100% | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | Standard Chartered Bank | DLD registry |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2010–2026 | 676 | DLD registry |
| Median price per m², 2010–2026 | AED 10 738 | Our calculation |
| Resale share | 88% | Our calculation |
| Sales in the last 12 months | 15 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | -5% | Our calculation |
| Gross rental yield | 6.2% | Our calculation |

### Medians by bedrooms, all sales 2010–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| Office | 6 | 689 604 | 65 | 10 609 |
| 2 bedrooms | 109 | 1 557 340 | 150 | 10 382 |
| 3 bedrooms | 450 | 2 600 000 | 201 | 12 935 |
| 4 bedrooms | 111 | 6 931 068 | 524 | 13 227 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 676, from 2010-01-18 to 2026-09-18. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 15 | 3 100 000 | 14 692 | 1 365 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2010 | 18 | 2 082 375 | 9 378 | 871 | 0% |
| 2011 | 12 | 1 860 881 | 9 320 | 866 | 0% |
| 2012 | 226 | 2 200 000 | 9 946 | 924 | 77% |
| 2013 | 151 | 2 700 000 | 10 747 | 998 | 100% |
| 2014 | 33 | 4 000 000 | 17 087 | 1 587 | 100% |
| 2015 | 15 | 4 987 500 | 15 970 | 1 484 | 100% |
| 2016 | 18 | 2 300 000 | 13 040 | 1 211 | 100% |
| 2017 | 14 | 2 510 000 | 12 539 | 1 165 | 100% |
| 2018 | 22 | 2 000 000 | 10 538 | 979 | 100% |
| 2019 | 15 | 2 000 000 | 9 302 | 864 | 100% |
| 2020 | 12 | 1 410 000 | 7 655 | 711 | 100% |
| 2021 | 18 | 2 200 000 | 8 321 | 773 | 100% |
| 2022 | 24 | 2 500 000 | 10 608 | 986 | 100% |
| 2023 | 39 | 3 590 000 | 13 366 | 1 242 | 100% |
| 2024 | 24 | 2 957 419 | 14 318 | 1 330 | 100% |
| 2025 | 22 | 4 225 000 | 16 050 | 1 491 | 100% |
| 2026 | 13 | 3 100 000 | 14 692 | 1 365 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2010-Q1 | 6 | 1 494 159 | 9 946 | 924 | 0% |
| 2010-Q2 | 4 | 2 082 375 | 9 378 | 871 | 0% |
| 2010-Q3 | 2 | — | — | — | — |
| 2010-Q4 | 6 | 2 467 856 | 8 915 | 828 | 0% |
| 2011-Q1 | 2 | — | — | — | — |
| 2011-Q2 | 4 | 1 750 000 | 8 716 | 810 | 0% |
| 2011-Q3 | 4 | 2 600 000 | 9 392 | 873 | 0% |
| 2011-Q4 | 2 | — | — | — | — |
| 2012-Q1 | 14 | 1 751 416 | 8 723 | 810 | 0% |
| 2012-Q2 | 12 | 2 900 000 | 11 379 | 1 057 | 0% |
| 2012-Q3 | 27 | 2 460 881 | 9 555 | 888 | 0% |
| 2012-Q4 | 173 | 2 134 538 | 10 029 | 932 | 100% |
| 2013-Q1 | 95 | 2 700 000 | 10 282 | 955 | 100% |
| 2013-Q2 | 31 | 2 310 356 | 9 813 | 912 | 100% |
| 2013-Q3 | 11 | 3 900 000 | 13 908 | 1 292 | 100% |
| 2013-Q4 | 14 | 4 000 000 | 15 172 | 1 410 | 100% |
| 2014-Q1 | 17 | 3 900 000 | 14 645 | 1 361 | 100% |
| 2014-Q2 | 10 | 3 100 000 | 17 308 | 1 608 | 100% |
| 2014-Q3 | 4 | 6 000 000 | 19 921 | 1 851 | 100% |
| 2014-Q4 | 2 | — | — | — | — |
| 2015-Q1 | 7 | 5 600 000 | 16 551 | 1 538 | 100% |
| 2015-Q2 | 2 | — | — | — | — |
| 2015-Q3 | 4 | 4 314 960 | 15 588 | 1 448 | 100% |
| 2015-Q4 | 2 | — | — | — | — |
| 2016-Q1 | 3 | 1 750 000 | 11 650 | 1 082 | 100% |
| 2016-Q2 | 9 | 2 300 000 | 13 647 | 1 268 | 100% |
| 2016-Q3 | 2 | — | — | — | — |
| 2016-Q4 | 4 | 4 000 000 | 14 450 | 1 342 | 100% |
| 2017-Q1 | 2 | — | — | — | — |
| 2017-Q2 | 3 | 2 510 000 | 11 916 | 1 107 | 100% |
| 2017-Q3 | 1 | — | — | — | — |
| 2017-Q4 | 8 | 2 700 000 | 13 447 | 1 249 | 100% |
| 2018-Q1 | 13 | 1 950 000 | 10 538 | 979 | 100% |
| 2018-Q2 | 1 | — | — | — | — |
| 2018-Q3 | 5 | 2 000 000 | 12 149 | 1 129 | 100% |
| 2018-Q4 | 3 | 2 000 000 | 9 934 | 923 | 100% |
| 2019-Q1 | 3 | 2 000 000 | 10 031 | 932 | 100% |
| 2019-Q2 | 3 | 2 000 000 | 8 987 | 835 | 100% |
| 2019-Q3 | 5 | 2 100 000 | 9 302 | 864 | 100% |
| 2019-Q4 | 4 | 2 500 000 | 9 031 | 839 | 100% |
| 2020-Q1 | 3 | 1 410 000 | 7 586 | 705 | 100% |
| 2020-Q2 | 2 | — | — | — | — |
| 2020-Q3 | 3 | 1 300 000 | 7 822 | 727 | 100% |
| 2020-Q4 | 4 | 1 950 000 | 7 988 | 742 | 100% |
| 2021-Q1 | 7 | 1 600 000 | 7 988 | 742 | 100% |
| 2021-Q2 | 2 | — | — | — | — |
| 2021-Q3 | 5 | 2 300 000 | 8 526 | 792 | 100% |
| 2021-Q4 | 4 | 2 500 000 | 10 957 | 1 018 | 100% |
| 2022-Q1 | 7 | 3 700 000 | 10 476 | 973 | 100% |
| 2022-Q2 | 6 | 2 050 000 | 10 210 | 949 | 100% |
| 2022-Q3 | 4 | 3 500 000 | 12 644 | 1 175 | 100% |
| 2022-Q4 | 7 | 1 875 000 | 12 451 | 1 157 | 100% |
| 2023-Q1 | 10 | 2 450 000 | 12 288 | 1 142 | 100% |
| 2023-Q2 | 8 | 3 490 000 | 13 314 | 1 237 | 100% |
| 2023-Q3 | 8 | 4 000 000 | 14 450 | 1 342 | 100% |
| 2023-Q4 | 13 | 3 600 000 | 13 908 | 1 292 | 100% |
| 2024-Q1 | 6 | 2 957 419 | 14 044 | 1 305 | 100% |
| 2024-Q2 | 7 | 4 150 000 | 14 992 | 1 393 | 100% |
| 2024-Q3 | 8 | 3 540 495 | 15 534 | 1 443 | 100% |
| 2024-Q4 | 3 | 2 800 000 | 14 318 | 1 330 | 100% |
| 2025-Q1 | 9 | 4 290 000 | 17 159 | 1 594 | 100% |
| 2025-Q2 | 5 | 4 000 002 | 16 235 | 1 508 | 100% |
| 2025-Q3 | 3 | 2 900 000 | 14 545 | 1 351 | 100% |
| 2025-Q4 | 5 | 3 050 000 | 15 297 | 1 421 | 100% |
| 2026-Q1 | 2 | — | — | — | — |
| 2026-Q2 | 1 | — | — | — | — |
| 2026-Q3 | 10 | 3 000 000 | 14 692 | 1 365 | 100% |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-09-18 | 3 BR | 200.8 | 2 900 000 | 14 443 | resale |
| 2026-09-18 | 3 BR | 276.8 | 4 500 000 | 16 256 | resale |
| 2026-09-16 | 3 BR | 200.8 | 3 000 000 | 14 941 | resale |
| 2026-09-16 | 3 BR | 200.8 | 2 950 000 | 14 692 | resale |
| 2026-09-10 | 3 BR | 199.4 | 3 150 000 | 15 799 | resale |
| 2026-09-03 | 3 BR | 276.8 | 4 100 000 | 14 811 | resale |
| 2026-08-24 | 3 BR | 200.8 | 2 700 000 | 13 447 | resale |
| 2026-08-14 | 2 BR | 150.2 | 2 100 000 | 13 979 | resale |
| 2026-07-22 | 2 BR | 150.2 | 2 150 000 | 14 312 | resale |
| 2026-07-20 | 4 BR | 524.4 | 7 600 000 | 14 492 | resale |
| 2026-06-15 | 2 BR | 150.2 | 3 250 000 | 21 635 | resale |
| 2026-03-06 | 3 BR | 199.4 | 3 100 000 | 15 548 | resale |
| 2026-02-19 | 3 BR | 276.8 | 3 700 000 | 13 366 | resale |
| 2025-11-07 | 3 BR | 276.8 | 4 406 370 | 15 918 | resale |
| 2025-10-30 | 2 BR | 150.2 | 2 200 000 | 14 645 | resale |
| 2025-10-15 | 3 BR | 200.8 | 2 950 000 | 14 692 | resale |
| 2025-10-07 | 4 BR | 349.6 | 6 892 206 | 19 713 | resale |
| 2025-10-06 | 3 BR | 199.4 | 3 050 000 | 15 297 | resale |
| 2025-08-13 | 2 BR | 150.2 | 2 075 000 | 13 813 | resale |
| 2025-08-04 | 3 BR | 199.4 | 2 900 000 | 14 545 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 868, from 2019-08-01 to 2026-10-15. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 88 | 205 000 | 916 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2019 | 73 | 160 000 | 652 |
| 2020 | 142 | 135 000 | 585 |
| 2021 | 133 | 140 000 | 596 |
| 2022 | 127 | 160 000 | 721 |
| 2023 | 114 | 190 000 | 833 |
| 2024 | 112 | 190 000 | 936 |
| 2025 | 95 | 200 000 | 984 |
| 2026 | 72 | 200 000 | 903 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2019-Q3 | 24 | 165 000 | 697 |
| 2019-Q4 | 49 | 160 000 | 647 |
| 2020-Q1 | 37 | 140 000 | 667 |
| 2020-Q2 | 18 | 162 000 | 613 |
| 2020-Q3 | 43 | 120 000 | 578 |
| 2020-Q4 | 44 | 140 000 | 555 |
| 2021-Q1 | 48 | 130 000 | 567 |
| 2021-Q2 | 24 | 148 000 | 600 |
| 2021-Q3 | 32 | 140 000 | 650 |
| 2021-Q4 | 29 | 160 000 | 596 |
| 2022-Q1 | 36 | 145 000 | 668 |
| 2022-Q2 | 26 | 175 000 | 700 |
| 2022-Q3 | 31 | 163 000 | 746 |
| 2022-Q4 | 34 | 175 000 | 763 |
| 2023-Q1 | 37 | 150 000 | 804 |
| 2023-Q2 | 25 | 185 000 | 866 |
| 2023-Q3 | 28 | 200 000 | 830 |
| 2023-Q4 | 24 | 200 000 | 896 |
| 2024-Q1 | 39 | 160 000 | 903 |
| 2024-Q2 | 27 | 200 000 | 939 |
| 2024-Q3 | 25 | 200 000 | 933 |
| 2024-Q4 | 21 | 195 000 | 954 |
| 2025-Q1 | 27 | 180 000 | 1 000 |
| 2025-Q2 | 27 | 208 400 | 995 |
| 2025-Q3 | 20 | 200 000 | 957 |
| 2025-Q4 | 21 | 210 000 | 993 |
| 2026-Q1 | 24 | 210 000 | 996 |
| 2026-Q2 | 23 | 210 000 | 892 |
| 2026-Q3 | 19 | 180 000 | 841 |
| 2026-Q4 | 6 | 250 000 | 903 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-10-15 | 3 BR | 276.8 | 250 000 | 903 |
| 2026-10-14 | 2 BR | 150.2 | 130 000 | 865 |
| 2026-10-05 | 3 BR | 200.8 | 205 000 | 1 021 |
| 2026-10-01 | 4 BR | 524.4 | 435 000 | 829 |
| 2026-10-01 | 4 BR | 524.4 | 300 000 | 572 |
| 2026-10-01 | 3 BR | 199.4 | 180 000 | 903 |
| 2026-09-22 | 3 BR | 200.8 | 180 000 | 896 |
| 2026-09-22 | 3 BR | 276.8 | 200 000 | 722 |
| 2026-09-19 | 4 BR | 524.4 | 1 | 0 |
| 2026-09-18 | 3 BR | 199.4 | 160 000 | 802 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/23-marina-dubai-marina/
- The same record as JSON: https://continentalclub.ae/project/23-marina-dubai-marina.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/23-marina-dubai-marina-ru/

Record updated: 2026-10-17

---

How to cite: "23 Marina — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/23-marina-dubai-marina/"