115, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Marina Terrace Tower
What is 115 worth today?
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Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 943 sqft
- Floor
- 11th of 36
- Parking
- P1-23
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 19,600 /yr
- Last sold
- AED 550K · April 2009
- Building
- Marina Terrace Tower
About 115, Marina Terrace Tower
115 is a one-bedroom apartment of 943 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 7 April 2009 for AED 550,000, or AED 583 per sqft, 17% below the AED 702 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 24 July 2025, is AED 100,000 a year: a gross yield of 18.2% on the 2009 price, before the service charge of about AED 19,600 a year.
Sales and rents for 115 over time
115 has sold once; the dashed line is the one-bed median of each year in the building.
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 115 sits
All 80 1-beds →115 last sold in April 2009 at AED 583 per sqft, 17% below what one-beds in Marina Terrace Tower were fetching at the time (AED 702). 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. 115's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202615 April 2026 | 1,054 sqft | 1,800,000 | 1,707 | ||
| 16 Dec 202516 December 2025 | 1,055 sqft | 1,610,000 | 1,526 | ||
| 3 Dec 20253 December 2025 | 938 sqft | 1,740,000 | 1,855 | ||
| 12 Nov 202512 November 2025 | 943 sqft | 1,685,000 | 1,786 |
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 | |
| 114 | 2-bed | 1,820 sqft | AED 1.05MAED 1,045,000 · Sep 2008September 2008 | 120,000 /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 |
115, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 7 April 2009 for AED 550,000, or AED 583 per sqft.
- Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2021 and recovered to AED 100,000 by July 2025.
- At AED 100,000 a year the gross yield on the 2009 price is 18.2%, before a service charge of about AED 19,600 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 24 July 2025.
Questions about 115, Marina Terrace Tower
What did unit 115 last sell for?
AED 550,000 on 7 April 2009, sold by the developer: AED 583 per sqft for 943 sqft. It is the only registered sale of the unit.
What is the rent for unit 115?
AED 100,000 a year on the contract signed on 24 July 2025. The previous contract, from July 2025, was AED 100,000; the unit has been rented since February 2015.
How big is unit 115?
943 sqft (87.6 sqm): a one-bedroom apartment on the 11th floor of a 36-storey tower completed in 2006.
What is unit 115 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 115, Marina Terrace Tower
Starts from the last sale price (AED 550K, 7 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →