
173, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in June 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 173, Marina Terrace Tower
What is 173 worth today?
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Source: Dubai Land Department. Updated 1 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 938 sqft
- Floor
- 17th of 36
- Parking
- P2-81
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.22M · June 2012
- Building
- Marina Terrace Tower
About 173, Marina Terrace Tower
173 is a one-bedroom apartment of 938 sqft on the 17th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 14 June 2012 for AED 1,220,000, or AED 1,300 per sqft, 34% above the AED 970 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 66,000 a year: a gross yield of 5.4% on the 2012 price, before the service charge of about AED 19,500 a year.
Sales and rents for 173 over time
173 has sold 3 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 173 sits
All 80 1-beds →173 last sold in June 2012 at AED 1,300 per sqft, 34% above what one-beds in Marina Terrace Tower were fetching at the time (AED 970). 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. 173's AED 66,000 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 17th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 171 | 2-bed | 1,543 sqft | AED 825KAED 825,000 · Oct 2015October 2015 | 125,000 /yr | |
| 172 | 1-bed | 1,054 sqft | AED 1.84MAED 1,836,000 · Feb 2014February 2014 | 100,000 /yr | |
| 174 | 2-bed | 1,820 sqft | AED 2.85MAED 2,850,000 · Sep 2025September 2025 | 165,000 /yr | |
| 175 | 1-bed | 943 sqft | AED 585KAED 585,000 · Sep 2008September 2008 | 92,400 /yr | |
| 176 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Apr 2013April 2013 | 125,000 /yr | |
| 177 | 3-bed | 1,640 sqft | AED 1.16MAED 1,163,750 · Jul 2012July 2012 | 140,000 /yr |
173, Marina Terrace Tower in numbers
- Sold 3 times: first on 15 February 2010 for AED 610,000, last on 14 June 2012 for AED 1,220,000 (AED 1,300 per sqft).
- Rented since April 2014 on 8 Ejari contracts, from AED 135,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2012 price is 5.4%, before a service charge of about AED 19,500 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 1 July 2023.
Questions about 173, Marina Terrace Tower
What did unit 173 last sell for?
AED 1,220,000 on 14 June 2012: AED 1,300 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 610,000 in February 2010.
What is the rent for unit 173?
AED 66,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 60,000; the unit has been rented since April 2014.
How big is unit 173?
938 sqft (87.1 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2006.
What is unit 173 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 173, Marina Terrace Tower
Starts from the last sale price (AED 1.22M, 14 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,220,000
- Deposit, UAE resident (20%)
- AED 244,000
- Deposit, non-resident (40%)
- AED 488,000
- Monthly over 25 years at 3.7%
- AED 4,991
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →