
123, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in March 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 123, Marina Terrace Tower
What is 123 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 469 sqft
- Floor
- 12th of 36
- Parking
- P2-109
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 9,800 /yr
- Last sold
- AED 450K · March 2013
- Building
- Marina Terrace Tower
About 123, Marina Terrace Tower
123 is a one-bedroom apartment of 469 sqft on the 12th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 18 March 2013 for AED 450,000, or AED 959 per sqft, 10% below the AED 1,062 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 March 2026, is AED 105,000 a year: a gross yield of 23.3% on the 2013 price, before the service charge of about AED 9,800 a year.
Sales and rents for 123 over time
123 has sold 3 times; 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 123 sits
All 80 1-beds →123 last sold in March 2013 at AED 959 per sqft, 10% below what one-beds in Marina Terrace Tower were fetching at the time (AED 1,062). 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. 123's AED 105,000 is in the upper 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 12th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 121 | 2-bed | 1,543 sqft | AED 1.98MAED 1,975,000 · May 2013May 2013 | 132,000 /yr | |
| 122 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Apr 2013April 2013 | 90,000 /yr | |
| 124 | 2-bed | 1,820 sqft | AED 2.4MAED 2,400,000 · Mar 2013March 2013 | 130,000 /yr | |
| 125 | 1-bed | 943 sqft | AED 1.38MAED 1,375,000 · Apr 2022April 2022 | 84,000 /yr | |
| 126 | 1-bed | 1,054 sqft | AED 799KAED 799,000 · Aug 2008August 2008 | 90,000 /yr | |
| 127 | 3-bed | 1,640 sqft | AED 2.28MAED 2,275,000 · Sep 2013September 2013 | 145,000 /yr |
123, Marina Terrace Tower in numbers
- Sold 3 times: first on 22 January 2012 for AED 659,000, last on 18 March 2013 for AED 450,000 (AED 959 per sqft).
- Rented since December 2017 on 4 Ejari contracts, from AED 120,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2013 price is 23.3%, before a service charge of about AED 9,800 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 10 March 2026.
Questions about 123, Marina Terrace Tower
What did unit 123 last sell for?
AED 450,000 on 18 March 2013: AED 959 per sqft for 469 sqft. The unit has 3 registered sales; the first was AED 659,000 in January 2012.
What is the rent for unit 123?
AED 105,000 a year on the contract signed on 10 March 2026. The previous contract, from August 2024, was AED 100,000; the unit has been rented since December 2017.
How big is unit 123?
469 sqft (43.6 sqm): a one-bedroom apartment on the 12th floor of a 36-storey tower completed in 2006.
What is unit 123 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 123, Marina Terrace Tower
Starts from the last sale price (AED 450K, 18 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →