161, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in November 2008, 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 161, Marina Terrace Tower
What is 161 worth today?
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Source: Dubai Land Department. Updated 15 September 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 16th of 36
- Parking
- P2-89
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 1.16M · November 2008
- Building
- Marina Terrace Tower
About 161, Marina Terrace Tower
161 is a two-bedroom apartment of 1,543 sqft on the 16th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 19 November 2008 for AED 1,156,000, or AED 749 per sqft, 19% above the AED 630 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 September 2020, is AED 72,000 a year: a gross yield of 6.2% on the 2008 price, before the service charge of about AED 32,100 a year.
Sales and rents for 161 over time
161 has sold once; 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 161 sits
All 50 2-beds →161 last sold in November 2008 at AED 749 per sqft, 19% above what two-beds in Marina Terrace Tower were fetching at the time (AED 630). 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. 161's AED 72,000 is at the bottom 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 16th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 162 | 1-bed | 1,054 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 100,000 /yr | |
| 163 | 1-bed | 938 sqft | AED 659KAED 659,000 · Feb 2009February 2009 | ||
| 164 | 2-bed | 1,820 sqft | AED 1.35MAED 1,349,000 · Mar 2010March 2010 | 125,000 /yr | |
| 165 | 1-bed | 943 sqft | AED 1.5MAED 1,500,000 · Jul 2013July 2013 | 89,854 /yr | |
| 166 | 1-bed | 1,054 sqft | AED 1.54MAED 1,540,000 · Mar 2025March 2025 | 135,000 /yr | |
| 167 | 3-bed | 1,640 sqft | AED 1.65MAED 1,650,000 · May 2011May 2011 | 150,000 /yr |
161, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 19 November 2008 for AED 1,156,000, or AED 749 per sqft.
- Rented since August 2013 on 4 Ejari contracts, from AED 136,500 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2008 price is 6.2%, 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 15 September 2020.
Questions about 161, Marina Terrace Tower
What did unit 161 last sell for?
AED 1,156,000 on 19 November 2008, sold by the developer: AED 749 per sqft for 1,543 sqft. It is the only registered sale of the unit.
What is the rent for unit 161?
AED 72,000 a year on the contract signed on 15 September 2020. The previous contract, from January 2019, was AED 110,000; the unit has been rented since August 2013.
How big is unit 161?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2006.
What is unit 161 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 161, Marina Terrace Tower
Starts from the last sale price (AED 1.16M, 19 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,156,000
- Deposit, UAE resident (20%)
- AED 231,200
- Deposit, non-resident (40%)
- AED 462,400
- Monthly over 25 years at 3.7%
- AED 4,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →