2-bed · 1,543 sqftMarina Terrace Tower, Dubai Marina · 14th floor · completed 2006

141, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 141 · DLD and Ejari recordsUpdated 8 July 2023
Last soldAED 842K26 October 2008
Current rentAED 140K /yr8 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 141, Marina Terrace Tower

What is 141 worth today?

Last sold for AED 841,500 in 2008

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8 Jul 2023RentedNew contract
AED 140,000/yr12 months · AED 91 per sqft
1 May 2022RentedRenewal
AED 88,000/yr12 months · AED 57 per sqft
1 May 2021RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
14 Oct 2019RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
14 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
17 Aug 2017RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
25 Sep 2013RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
26 Oct 2008Sold by developerReady
AED 841,500AED 545 per sqft

Source: Dubai Land Department. Updated 8 July 2023.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
14th of 36
Parking
P2-104
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 32,100 /yr
Last sold
AED 842K · October 2008

About 141, Marina Terrace Tower

141 is a two-bedroom apartment of 1,543 sqft on the 14th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 26 October 2008 for AED 841,500, or AED 545 per sqft, 10% below the AED 607 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 8 July 2023, is AED 140,000 a year: a gross yield of 16.6% on the 2008 price, before the service charge of about AED 32,100 a year.

Sales and rents for 141 over time

Sales
Unit 141, each saleTypical two-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2009 AED 1,390,000; 2010 AED 1,156,000; 2011 AED 1,535,000; 2012 AED 1,800,000; 2013 AED 1,800,000; 2015 AED 2,000,000; 2021 AED 1,380,000; 2022 AED 1,579,408; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,850,000; 2026 AED 2,990,000Sold by developer, October 2008: AED 841,500 (AED 545 per sqft)

141 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 141, each contractTypical two-bed in Marina Terrace Tower
100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 145,000; 2015 AED 153,000; 2016 AED 149,584; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 110,650; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 157,500; 2026 AED 141,000New contract, September 2013: AED 135,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, October 2018: AED 110,000 a yearRenewal, October 2019: AED 100,000 a yearNew contract, May 2021: AED 80,000 a yearRenewal, May 2022: AED 88,000 a yearNew contract, July 2023: AED 140,000 a year

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 141 sits

All 50 2-beds →

141 last sold in October 2008 at AED 545 per sqft, 10% below what two-beds in Marina Terrace Tower were fetching at the time (AED 607). 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. 141's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,900,000
15 Oct 20263,300,000
19 Jan 20262,990,000
26 Dec 20252,840,000
4 2-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 14th floor

All 188 units in Marina Terrace Tower
Value
1421-bedAED 622K · Oct 2008
1431-bedAED 604K · Oct 2010
1442-bedAED 1.15M · Jul 2008
1451-bedAED 450K · Jul 2010
1461-bedAED 960K · Jul 2008
1473-bedAED 2.05M · Aug 2023

141, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 26 October 2008 for AED 841,500, or AED 545 per sqft.
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 140,000 by July 2023.
  • At AED 140,000 a year the gross yield on the 2008 price is 16.6%, before a service charge of about AED 32,100 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 8 July 2023.

Questions about 141, Marina Terrace Tower

What did unit 141 last sell for?

AED 841,500 on 26 October 2008, sold by the developer: AED 545 per sqft for 1,543 sqft. It is the only registered sale of the unit.

What is the rent for unit 141?

AED 140,000 a year on the contract signed on 8 July 2023. The previous contract, from May 2022, was AED 88,000; the unit has been rented since September 2013.

How big is unit 141?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 14th floor of a 36-storey tower completed in 2006.

What is unit 141 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 141, Marina Terrace Tower

Starts from the last sale price (AED 842K, 26 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 841,500
Deposit, UAE resident (20%)
AED 168,300
Deposit, non-resident (40%)
AED 336,600
Monthly over 25 years at 3.7%
AED 3,443

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