1-bed · 1,054 sqftMarina Terrace Tower, Dubai Marina · 10th floor · completed 2006

102, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.72M13 January 2023
Current rentAED 93K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Marina Terrace Tower

What is 102 worth today?

Last sold for AED 1,720,000 in 2023

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25 Sep 2024RentedRenewal
AED 93,000/yr12 months · AED 88 per sqft
25 Sep 2024RentedRenewal
AED 93,000/yr12 months · AED 88 per sqft
25 Sep 2023RentedNew contract
AED 93,000/yr12 months · AED 88 per sqft
13 Jan 2023SoldReady
AED 1,720,000AED 1,631 per sqft
25 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 85 per sqft
10 Oct 2021RentedNew contract
AED 80,000/yr13 months · AED 76 per sqft
1 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
22 Sep 2016SoldReady
AED 700,000AED 664 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
10th of 36
Parking
P1-32
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 22,000 /yr
Last sold
AED 1.72M · January 2023

About 102, Marina Terrace Tower

102 is a one-bedroom apartment of 1,054 sqft on the 10th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 13 January 2023 for AED 1,720,000, or AED 1,631 per sqft, 11% above the AED 1,470 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 93,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 22,000 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in Marina Terrace Tower
1M2008201320182023Typical sale price by year: 2008 AED 660,000; 2009 AED 700,000; 2010 AED 616,500; 2011 AED 930,000; 2012 AED 810,000; 2013 AED 1,400,000; 2014 AED 1,750,000; 2015 AED 1,500,000; 2016 AED 1,450,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,462,500; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,712,500Sold by developer, August 2011: AED 573,027 (AED 543 per sqft)Sold, September 2016: AED 700,000 (AED 664 per sqft)Sold, January 2023: AED 1,720,000 (AED 1,631 per sqft)

102 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 102, each contractTypical one-bed in Marina Terrace Tower
75K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 92,750; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 96,592New contract, April 2016: AED 59,834 a yearNew contract, August 2020: AED 80,000 a yearNew contract, October 2021: AED 80,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, September 2023: AED 93,000 a yearRenewal, September 2024: AED 93,000 a yearRenewal, September 2024: AED 93,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Terrace Tower, and where 102 sits

All 80 1-beds →

102 last sold in January 2023 at AED 1,631 per sqft, 11% above what one-beds in Marina Terrace Tower were fetching at the time (AED 1,470). Over the last 12 months one-beds sold for AED 1,610,000 to 1,800,000, around AED 1,786 per sqft, and rent for AED 50,000 to 160,000 a year. 102's AED 93,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 20261,800,000
16 Dec 20251,610,000
3 Dec 20251,740,000
12 Nov 20251,685,000
5 1-bed sales in the last 12 months

Marina Terrace Tower

Building

188 apartments, 1-bed to 4-bed over 36 floors in Dubai Marina, completed in 2006 by DAMAC PROPERTIES CO. 11 sold in the last 12 months.

Typical price per sqft
AED 1,786 Up 13.1%
Typical sale
AED 2.84M
Typical rent
AED 125K /yr
Typical yield
5.2%
Marina Terrace Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 188 units in Marina Terrace Tower
Value
1012-bedAED 1.7M · Dec 2012
1031-bedAED 1.75M · Mar 2023
1042-bedAED 964K · Sep 2008
1051-bedAED 915K · Mar 2012
1061-bedAED 503K · Dec 2012
1073-bedAED 1.5M · Jun 2011

102, Marina Terrace Tower in numbers

  • Sold 3 times: first on 18 August 2011 for AED 573,027, last on 13 January 2023 for AED 1,720,000 (AED 1,631 per sqft).
  • Rented since April 2016 on 7 Ejari contracts, from AED 59,834 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 22,000 a year (AED 20.83 per sqft).
  • One-beds in Marina Terrace Tower sold for AED 1,610,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,786 per sqft.

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 102, Marina Terrace Tower

What did unit 102 last sell for?

AED 1,720,000 on 13 January 2023: AED 1,631 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 573,027 in August 2011.

What is the rent for unit 102?

AED 93,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2024, was AED 93,000; the unit has been rented since April 2016.

How big is unit 102?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 10th floor of a 36-storey tower completed in 2006.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Terrace Tower sold for AED 1,610,000 to 1,800,000 in the last 12 months, around AED 1,786 per sqft.

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Mortgage on 102, Marina Terrace Tower

Starts from the last sale price (AED 1.72M, 13 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →