167, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in May 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 167, Marina Terrace Tower
What is 167 worth today?
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Source: Dubai Land Department. Updated 29 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,640 sqft
- Floor
- 16th of 36
- Parking
- P2-84
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 34,200 /yr
- Last sold
- AED 1.65M · May 2011
- Building
- Marina Terrace Tower
About 167, Marina Terrace Tower
167 is a three-bedroom apartment of 1,640 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 11 May 2011 for AED 1,650,000, or AED 1,006 per sqft, 31% above the AED 766 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 29 November 2024, is AED 150,000 a year: a gross yield of 9.1% on the 2011 price, before the service charge of about AED 34,200 a year.
Sales and rents for 167 over time
167 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 167 sits
All 55 3-beds →167 last sold in May 2011 at AED 1,006 per sqft, 31% above what three-beds in Marina Terrace Tower were fetching at the time (AED 766). 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. 167's AED 150,000 is in the lower half 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 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 | |
| 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, Marina Terrace Tower in numbers
- Sold 3 times: first on 21 December 2009 for AED 1,500,000, last on 11 May 2011 for AED 1,650,000 (AED 1,006 per sqft).
- Rented since June 2019 on 7 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2011 price is 9.1%, 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 29 November 2024.
Questions about 167, Marina Terrace Tower
What did unit 167 last sell for?
AED 1,650,000 on 11 May 2011: AED 1,006 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in December 2009.
What is the rent for unit 167?
AED 150,000 a year on the contract renewed on 29 November 2024. The previous contract, from November 2024, was AED 150,000; the unit has been rented since June 2019.
How big is unit 167?
1,640 sqft (152.4 sqm): a three-bedroom apartment on the 16th floor of a 36-storey tower completed in 2006.
What is unit 167 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 167, Marina Terrace Tower
Starts from the last sale price (AED 1.65M, 11 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →