157, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 157, Marina Terrace Tower
What is 157 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,640 sqft
- Floor
- 15th of 36
- Parking
- P2-91
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 34,200 /yr
- Last sold
- AED 2.2M · April 2024
- Building
- Marina Terrace Tower
About 157, Marina Terrace Tower
157 is a three-bedroom apartment of 1,640 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 1 April 2024 for AED 2,200,000, or AED 1,341 per sqft, in line with the AED 1,336 three-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 5 October 2022, is AED 105,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 34,200 a year.
Sales and rents for 157 over time
157 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Terrace Tower, and where 157 sits
All 55 3-beds →157 last sold in April 2024 at AED 1,341 per sqft, in line with what three-beds in Marina Terrace Tower were fetching at the time (AED 1,336). Over the last 12 months three-beds sold for AED 3,150,000 to 3,450,000, around AED 1,916 per sqft, and rent for AED 135,000 to 470,000 a year. 157's AED 105,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202623 April 2026 | 1,804 sqft | 3,450,000 | 1,912 | ||
| 3 Feb 20263 February 2026 | 1,640 sqft | 3,150,000 | 1,920 | ||
| 23 Oct 202523 October 2025 | 1,645 sqft | 2,625,000 | 1,595 | ||
| 8 Oct 20258 October 2025 | 2,054 sqft | 4,300,000 | 2,093 |
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 15th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 151 | 2-bed | 1,543 sqft | AED 1.38MAED 1,380,000 · Jun 2021June 2021 | 70,000 /yr | |
| 152 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Mar 2017March 2017 | 110,000 /yr | |
| 153 | 1-bed | 938 sqft | AED 1.13MAED 1,125,000 · Nov 2012November 2012 | 87,500 /yr | |
| 154 | 2-bed | 1,820 sqft | AED 2.99MAED 2,990,000 · Jan 2026January 2026 | 170,000 /yr | |
| 155 | 1-bed | 943 sqft | AED 1.06MAED 1,060,000 · Mar 2019March 2019 | 85,000 /yr | |
| 156 | 1-bed | 1,054 sqft | AED 478KAED 478,417 · Nov 2008November 2008 | 97,130 /yr |
157, Marina Terrace Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 744,833, last on 1 April 2024 for AED 2,200,000 (AED 1,341 per sqft).
- Rented since May 2013 on 7 Ejari contracts, from AED 120,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 34,200 a year (AED 20.83 per sqft).
- Three-beds in Marina Terrace Tower sold for AED 3,150,000–3,450,000 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 1 April 2024.
Questions about 157, Marina Terrace Tower
What did unit 157 last sell for?
AED 2,200,000 on 1 April 2024: AED 1,341 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 744,833 in May 2010.
What is the rent for unit 157?
AED 105,000 a year on the contract signed on 5 October 2022. The previous contract, from February 2021, was AED 100,000; the unit has been rented since May 2013.
How big is unit 157?
1,640 sqft (152.4 sqm): a three-bedroom apartment on the 15th floor of a 36-storey tower completed in 2006.
What is unit 157 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Terrace Tower sold for AED 3,150,000 to 3,450,000 in the last 12 months, around AED 1,916 per sqft.
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Mortgage on 157, Marina Terrace Tower
Starts from the last sale price (AED 2.2M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →