162, Marina Terrace Tower
Sold prices and rental history: sold 5 times, last in June 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 162, Marina Terrace Tower
What is 162 worth today?
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Source: Dubai Land Department. Updated 17 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 16th of 36
- Parking
- P2-90
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.1M · June 2021
- Building
- Marina Terrace Tower
About 162, Marina Terrace Tower
162 is a one-bedroom apartment of 1,054 sqft on the 16th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 1 June 2021 for AED 1,100,000, or AED 1,043 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 17 July 2026, is AED 100,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 22,000 a year.
Sales and rents for 162 over time
162 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 162 sits
All 80 1-beds →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. 162's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202615 April 2026 | 1,054 sqft | 1,800,000 | 1,707 | ||
| 16 Dec 202516 December 2025 | 1,055 sqft | 1,610,000 | 1,526 | ||
| 3 Dec 20253 December 2025 | 938 sqft | 1,740,000 | 1,855 | ||
| 12 Nov 202512 November 2025 | 943 sqft | 1,685,000 | 1,786 |
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 | |||||
|---|---|---|---|---|---|
| 161 | 2-bed | 1,543 sqft | AED 1.16MAED 1,156,000 · Nov 2008November 2008 | 72,000 /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 |
162, Marina Terrace Tower in numbers
- Sold 5 times: first on 6 July 2008 for AED 799,000, last on 1 June 2021 for AED 1,100,000 (AED 1,043 per sqft).
- Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2021 and recovered to AED 100,000 by July 2026.
- At AED 100,000 a year the gross yield on the 2021 price is 9.1%, before a service charge of about AED 22,000 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 17 July 2026.
Questions about 162, Marina Terrace Tower
What did unit 162 last sell for?
AED 1,100,000 on 1 June 2021: AED 1,043 per sqft for 1,054 sqft. The unit has 5 registered sales; the first was AED 799,000 in July 2008.
What is the rent for unit 162?
AED 100,000 a year on the contract signed on 17 July 2026. The previous contract, from August 2025, was AED 100,000; the unit has been rented since May 2017.
How big is unit 162?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 16th floor of a 36-storey tower completed in 2006.
What is unit 162 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 162, Marina Terrace Tower
Starts from the last sale price (AED 1.1M, 1 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →