124, Marina Terrace Tower
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 124, Marina Terrace Tower
What is 124 worth today?
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Source: Dubai Land Department. Updated 28 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,820 sqft
- Floor
- 12th of 36
- Parking
- P2-108
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,900 /yr
- Last sold
- AED 2.4M · March 2013
- Building
- Marina Terrace Tower
About 124, Marina Terrace Tower
124 is a two-bedroom apartment of 1,820 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 27 March 2013 for AED 2,400,000, or AED 1,318 per sqft, 19% above the AED 1,103 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, signed on 28 September 2026, is AED 130,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 37,900 a year.
Sales and rents for 124 over time
124 has sold twice; 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 124 sits
All 50 2-beds →124 last sold in March 2013 at AED 1,318 per sqft, 19% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,103). 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. 124's AED 130,000 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 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 | |
| 123 | 1-bed | 469 sqft | AED 450KAED 450,000 · Mar 2013March 2013 | 105,000 /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 |
124, Marina Terrace Tower in numbers
- Sold twice: first on 6 July 2008 for AED 1,550,000, last on 27 March 2013 for AED 2,400,000 (AED 1,318 per sqft).
- Rented since June 2012 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 106,250 in 2021 and recovered to AED 130,000 by September 2026.
- At AED 130,000 a year the gross yield on the 2013 price is 5.4%, 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 28 September 2026.
Questions about 124, Marina Terrace Tower
What did unit 124 last sell for?
AED 2,400,000 on 27 March 2013: AED 1,318 per sqft for 1,820 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in July 2008.
What is the rent for unit 124?
AED 130,000 a year on the contract signed on 28 September 2026. The previous contract, from July 2023, was AED 130,000; the unit has been rented since June 2012.
How big is unit 124?
1,820 sqft (169.1 sqm): a two-bedroom apartment on the 12th floor of a 36-storey tower completed in 2006.
What is unit 124 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 124, Marina Terrace Tower
Starts from the last sale price (AED 2.4M, 27 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →