2-bed · 1,820 sqftMarina Terrace Tower, Dubai Marina · 16th floor · completed 2006

164, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 164 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 1.35M10 March 2010
Current rentAED 125K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 164, Marina Terrace Tower

What is 164 worth today?

Last sold for AED 1,349,000 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Dec 2025RentedNew contract
AED 125,000/yr12 months · AED 69 per sqft
8 Sep 2016RentedNew contract
AED 156,000/yr12 months · AED 86 per sqft
27 Jan 2016RentedRenewal
AED 152,250/yr12 months · AED 84 per sqft
27 Jan 2015RentedNew contract
AED 152,250/yr12 months · AED 84 per sqft
27 Jan 2014RentedNew contract
AED 145,000/yr12 months · AED 80 per sqft
10 Mar 2010Sold by developerReady
AED 1,349,000AED 741 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
2-bed apartment
Size
1,820 sqft
Floor
16th of 36
Parking
P2-87
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 37,900 /yr
Last sold
AED 1.35M · March 2010

About 164, Marina Terrace Tower

164 is a two-bedroom apartment of 1,820 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 10 March 2010 for AED 1,349,000, or AED 741 per sqft, 18% below the AED 907 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 18 December 2025, is AED 125,000 a year: a gross yield of 9.3% on the 2010 price, before the service charge of about AED 37,900 a year.

Sales and rents for 164 over time

Sales
Unit 164, 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, March 2010: AED 1,349,000 (AED 741 per sqft)

164 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 164, 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, January 2014: AED 145,000 a yearNew contract, January 2015: AED 152,250 a yearRenewal, January 2016: AED 152,250 a yearNew contract, September 2016: AED 156,000 a yearNew contract, December 2025: AED 125,000 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 164 sits

All 50 2-beds →

164 last sold in March 2010 at AED 741 per sqft, 18% below what two-beds in Marina Terrace Tower were fetching at the time (AED 907). 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. 164's AED 125,000 is in the lower half 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 16th floor

All 188 units in Marina Terrace Tower
Value
1612-bedAED 1.16M · Nov 2008
1621-bedAED 1.1M · Jun 2021
1631-bedAED 659K · Feb 2009
1651-bedAED 1.5M · Jul 2013
1661-bedAED 1.54M · Mar 2025
1673-bedAED 1.65M · May 2011

164, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 10 March 2010 for AED 1,349,000, or AED 741 per sqft.
  • Rented since January 2014 on 5 Ejari contracts, from AED 145,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2010 price is 9.3%, before a service charge of about AED 37,900 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 18 December 2025.

Questions about 164, Marina Terrace Tower

What did unit 164 last sell for?

AED 1,349,000 on 10 March 2010, sold by the developer: AED 741 per sqft for 1,820 sqft. It is the only registered sale of the unit.

What is the rent for unit 164?

AED 125,000 a year on the contract signed on 18 December 2025. The previous contract, from September 2016, was AED 156,000; the unit has been rented since January 2014.

How big is unit 164?

1,820 sqft (169.1 sqm): a two-bedroom apartment on the 16th floor of a 36-storey tower completed in 2006.

What is unit 164 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.

Selling 164? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 164, Marina Terrace Tower

Starts from the last sale price (AED 1.35M, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,349,000
Deposit, UAE resident (20%)
AED 269,800
Deposit, non-resident (40%)
AED 539,600
Monthly over 25 years at 3.7%
AED 5,519

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