2-bed · 1,543 sqftMarina Terrace Tower, Dubai Marina · 15th floor · completed 2006

151, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 151 · DLD and Ejari recordsUpdated 9 June 2021
Last soldAED 1.38M9 June 2021
Current rentAED 70K /yr22 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 151, Marina Terrace Tower

What is 151 worth today?

Last sold for AED 1,380,000 in 2021

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9 Jun 2021SoldReady
AED 1,380,000AED 894 per sqft
22 Oct 2020RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedNew contract
AED 103,076/yr6 months · AED 67 per sqft
1 Mar 2019RentedNew contract
AED 150,000/yr4 months · AED 97 per sqft
15 Feb 2019RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
15 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
11 Jun 2016RentedRenewal
AED 135,000/yr12 months · AED 88 per sqft
11 Jun 2014RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 9 June 2021.

Key facts

Type
2-bed apartment
Size
1,543 sqft
Floor
15th of 36
Parking
P2-96
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 32,100 /yr
Last sold
AED 1.38M · June 2021

About 151, Marina Terrace Tower

151 is a two-bedroom apartment of 1,543 sqft on the 15th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 9 June 2021 for AED 1,380,000, or AED 894 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 October 2020, is AED 70,000 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 32,100 a year.

Sales and rents for 151 over time

Sales
Unit 151, 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, August 2008: AED 840,000 (AED 544 per sqft)Sold, June 2009: AED 1,380,000 (AED 894 per sqft)Sold, June 2021: AED 1,380,000 (AED 894 per sqft)

151 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 151, 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, February 2013: AED 100,000 a yearNew contract, June 2014: AED 135,000 a yearRenewal, June 2016: AED 135,000 a yearNew contract, September 2017: AED 115,000 a yearNew contract, February 2019: AED 95,000 a yearNew contract, March 2019: AED 150,000 a yearNew contract, November 2019: AED 103,076 a yearNew contract, October 2020: AED 70,000 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 151 sits

All 50 2-beds →

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. 151's AED 70,000 is at the bottom 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 15th floor

All 188 units in Marina Terrace Tower
Value
1521-bedAED 1.4M · Mar 2017
1531-bedAED 1.13M · Nov 2012
1542-bedAED 2.99M · Jan 2026
1551-bedAED 1.06M · Mar 2019
1561-bedAED 478K · Nov 2008
1573-bedAED 2.2M · Apr 2024

151, Marina Terrace Tower in numbers

  • Sold 3 times: first on 21 August 2008 for AED 840,000, last on 9 June 2021 for AED 1,380,000 (AED 894 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 5.1%, 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 9 June 2021.

Questions about 151, Marina Terrace Tower

What did unit 151 last sell for?

AED 1,380,000 on 9 June 2021: AED 894 per sqft for 1,543 sqft. The unit has 3 registered sales; the first was AED 840,000 in August 2008.

What is the rent for unit 151?

AED 70,000 a year on the contract signed on 22 October 2020. The previous contract, from November 2019, was AED 103,076; the unit has been rented since February 2013.

How big is unit 151?

1,543 sqft (143.3 sqm): a two-bedroom apartment on the 15th floor of a 36-storey tower completed in 2006.

What is unit 151 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 151, Marina Terrace Tower

Starts from the last sale price (AED 1.38M, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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