114, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in September 2008, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 114, Marina Terrace Tower
What is 114 worth today?
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Source: Dubai Land Department. Updated 20 October 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,820 sqft
- Floor
- 11th of 36
- Parking
- P1-24
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,900 /yr
- Last sold
- AED 1.05M · September 2008
- Building
- Marina Terrace Tower
About 114, Marina Terrace Tower
114 is a two-bedroom apartment of 1,820 sqft on the 11th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 16 September 2008 for AED 1,045,000, or AED 574 per sqft, 13% below the AED 656 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 20 October 2018, is AED 120,000 a year: a gross yield of 11.5% on the 2008 price, before the service charge of about AED 37,900 a year.
Sales and rents for 114 over time
114 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Terrace Tower, and where 114 sits
All 50 2-beds →114 last sold in September 2008 at AED 574 per sqft, 13% below what two-beds in Marina Terrace Tower were fetching at the time (AED 656). Over the last 12 months two-beds sold for AED 2,840,000 to 3,300,000, around AED 1,613 per sqft, and rent for AED 115,920 to 190,000 a year. 114's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,830 sqft | 2,900,000 | 1,584 | ||
| 15 Oct 202615 October 2026 | 1,830 sqft | 3,300,000 | 1,803 | ||
| 19 Jan 202619 January 2026 | 1,820 sqft | 2,990,000 | 1,642 | ||
| 26 Dec 202526 December 2025 | 1,830 sqft | 2,840,000 | 1,551 |
Marina Terrace Tower
Building188 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%
Other units on the 11th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 111 | 2-bed | 1,543 sqft | AED 1.89MAED 1,890,000 · May 2022May 2022 | 117,000 /yr | |
| 112 | 1-bed | 1,054 sqft | AED 1.67MAED 1,670,000 · Jul 2024July 2024 | 115,000 /yr | |
| 113 | 1-bed | 938 sqft | AED 1.2MAED 1,200,000 · May 2009May 2009 | 90,000 /yr | |
| 115 | 1-bed | 943 sqft | AED 550KAED 550,000 · Apr 2009April 2009 | 100,000 /yr | |
| 116 | 1-bed | 1,054 sqft | AED 1.55MAED 1,550,000 · Aug 2022August 2022 | ||
| 117 | 3-bed | 1,640 sqft | AED 1.53MAED 1,525,000 · Oct 2014October 2014 | 150,000 /yr |
114, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 16 September 2008 for AED 1,045,000, or AED 574 per sqft.
- Rented since November 2015 on 3 Ejari contracts, from AED 155,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2008 price is 11.5%, before a service charge of about AED 37,900 a year (AED 20.83 per sqft).
- Two-beds in Marina Terrace Tower sold for AED 2,840,000–3,300,000 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 20 October 2018.
Questions about 114, Marina Terrace Tower
What did unit 114 last sell for?
AED 1,045,000 on 16 September 2008, sold by the developer: AED 574 per sqft for 1,820 sqft. It is the only registered sale of the unit.
What is the rent for unit 114?
AED 120,000 a year on the contract signed on 20 October 2018. The previous contract, from May 2017, was AED 137,500; the unit has been rented since November 2015.
How big is unit 114?
1,820 sqft (169.1 sqm): a two-bedroom apartment on the 11th floor of a 36-storey tower completed in 2006.
What is unit 114 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Terrace Tower sold for AED 2,840,000 to 3,300,000 in the last 12 months, around AED 1,613 per sqft.
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Mortgage on 114, Marina Terrace Tower
Starts from the last sale price (AED 1.05M, 16 September 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,045,000
- Deposit, UAE resident (20%)
- AED 209,000
- Deposit, non-resident (40%)
- AED 418,000
- Monthly over 25 years at 3.7%
- AED 4,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →