1-bed · 943 sqftMarina Terrace Tower, Dubai Marina · 15th floor · completed 2006

155, Marina Terrace Tower

Sold prices and rental history: sold 4 times, last in March 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 155 · DLD and Ejari recordsUpdated 24 March 2019
Last soldAED 1.06M24 March 2019
Current rentAED 85K /yr23 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 155, Marina Terrace Tower

What is 155 worth today?

Last sold for AED 1,060,000 in 2019

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24 Mar 2019SoldReady
AED 1,060,000AED 1,124 per sqft
23 Dec 2018RentedRenewal
AED 85,000/yr6 months · AED 90 per sqft
23 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
19 Jun 2016SoldReady
AED 1,580,000AED 1,675 per sqft
1 Jan 2015RentedNew contract
AED 94,475/yr12 months · AED 100 per sqft
1 Jan 2014RentedNew contract
AED 94,475/yr12 months · AED 100 per sqft
3 Jul 2008Sold by developerReady
AED 439,458AED 466 per sqft
3 Jul 2008SoldReady
AED 325,000AED 344 per sqft

Source: Dubai Land Department. Updated 24 March 2019.

Key facts

Type
1-bed apartment
Size
943 sqft
Floor
15th of 36
Parking
P2-92
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 19,600 /yr
Last sold
AED 1.06M · March 2019

About 155, Marina Terrace Tower

155 is a one-bedroom apartment of 943 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 24 March 2019 for AED 1,060,000, or AED 1,124 per sqft, 14% below the AED 1,306 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 23 December 2018, is AED 85,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 19,600 a year.

Sales and rents for 155 over time

Sales
Unit 155, each saleTypical one-bed in Marina Terrace Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 660,000; 2009 AED 700,000; 2010 AED 616,500; 2011 AED 930,000; 2012 AED 810,000; 2013 AED 1,400,000; 2014 AED 1,750,000; 2015 AED 1,500,000; 2016 AED 1,450,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,462,500; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,712,500Sold by developer, July 2008: AED 439,458 (AED 466 per sqft)Sold, July 2008: AED 325,000 (AED 344 per sqft)Sold, June 2016: AED 1,580,000 (AED 1,675 per sqft)Sold, March 2019: AED 1,060,000 (AED 1,124 per sqft)

155 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 155, each contractTypical one-bed in Marina Terrace Tower
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 92,750; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 96,592New contract, January 2014: AED 94,475 a yearNew contract, January 2015: AED 94,475 a yearNew contract, December 2017: AED 85,000 a yearRenewal, December 2018: AED 85,000 a year

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 155 sits

All 80 1-beds →

155 last sold in March 2019 at AED 1,124 per sqft, 14% below what one-beds in Marina Terrace Tower were fetching at the time (AED 1,306). 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. 155's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 20261,800,000
16 Dec 20251,610,000
3 Dec 20251,740,000
12 Nov 20251,685,000
5 1-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
1512-bedAED 1.38M · Jun 2021
1521-bedAED 1.4M · Mar 2017
1531-bedAED 1.13M · Nov 2012
1542-bedAED 2.99M · Jan 2026
1561-bedAED 478K · Nov 2008
1573-bedAED 2.2M · Apr 2024

155, Marina Terrace Tower in numbers

  • Sold 4 times: first on 3 July 2008 for AED 325,000, last on 24 March 2019 for AED 1,060,000 (AED 1,124 per sqft).
  • Rented since January 2014 on 4 Ejari contracts, from AED 94,475 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 8.0%, 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 March 2019.

Questions about 155, Marina Terrace Tower

What did unit 155 last sell for?

AED 1,060,000 on 24 March 2019: AED 1,124 per sqft for 943 sqft. The unit has 4 registered sales; the first was AED 325,000 in July 2008.

What is the rent for unit 155?

AED 85,000 a year on the contract renewed on 23 December 2018. The previous contract, from December 2017, was AED 85,000; the unit has been rented since January 2014.

How big is unit 155?

943 sqft (87.6 sqm): a one-bedroom apartment on the 15th floor of a 36-storey tower completed in 2006.

What is unit 155 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 155, Marina Terrace Tower

Starts from the last sale price (AED 1.06M, 24 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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