1-bed · 943 sqftMarina Terrace Tower, Dubai Marina · 17th floor · completed 2006

175, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 175 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 585K22 September 2008
Current rentAED 92K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 175, Marina Terrace Tower

What is 175 worth today?

Last sold for AED 585,000 in 2008

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1 Aug 2024RentedNew contract
AED 92,400/yr12 months · AED 98 per sqft
1 Aug 2024RentedNew contract
AED 92,400/yr12 months · AED 98 per sqft
1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
10 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 79 per sqft
21 Dec 2013RentedNew contract
AED 100,000/yr12 months · AED 106 per sqft
26 Nov 2012RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
22 Sep 2008Sold by developerReady
AED 585,000AED 620 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
943 sqft
Floor
17th of 36
Parking
P2-79
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 19,600 /yr
Last sold
AED 585K · September 2008

About 175, Marina Terrace Tower

175 is a one-bedroom apartment of 943 sqft on the 17th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 22 September 2008 for AED 585,000, or AED 620 per sqft, 18% below the AED 757 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 92,400 a year: a gross yield of 15.8% on the 2008 price, before the service charge of about AED 19,600 a year.

Sales and rents for 175 over time

Sales
Unit 175, each saleTypical one-bed in Marina Terrace Tower
1M2008201320182023Typical sale price by year: 2008 AED 660,000; 2009 AED 700,000; 2010 AED 616,500; 2011 AED 930,000; 2012 AED 810,000; 2013 AED 1,400,000; 2014 AED 1,750,000; 2015 AED 1,500,000; 2016 AED 1,450,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,462,500; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,712,500Sold by developer, September 2008: AED 585,000 (AED 620 per sqft)

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

Rents
Unit 175, each contractTypical one-bed in Marina Terrace Tower
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 92,750; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 96,592New contract, November 2012: AED 95,000 a yearNew contract, December 2013: AED 100,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, August 2022: AED 80,000 a yearNew contract, August 2024: AED 92,400 a yearNew contract, August 2024: AED 92,400 a year

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 175 sits

All 80 1-beds →

175 last sold in September 2008 at AED 620 per sqft, 18% below what one-beds in Marina Terrace Tower were fetching at the time (AED 757). 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. 175's AED 92,400 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 20261,800,000
16 Dec 20251,610,000
3 Dec 20251,740,000
12 Nov 20251,685,000
5 1-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 17th floor

All 188 units in Marina Terrace Tower
Value
1712-bedAED 825K · Oct 2015
1721-bedAED 1.84M · Feb 2014
1731-bedAED 1.22M · Jun 2012
1742-bedAED 2.85M · Sep 2025
1761-bedAED 1.4M · Apr 2013
1773-bedAED 1.16M · Jul 2012

175, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 22 September 2008 for AED 585,000, or AED 620 per sqft.
  • Rented since November 2012 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2019 and recovered to AED 92,400 by August 2024.
  • At AED 92,400 a year the gross yield on the 2008 price is 15.8%, before a service charge of about AED 19,600 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 August 2024.

Questions about 175, Marina Terrace Tower

What did unit 175 last sell for?

AED 585,000 on 22 September 2008, sold by the developer: AED 620 per sqft for 943 sqft. It is the only registered sale of the unit.

What is the rent for unit 175?

AED 92,400 a year on the contract signed on 1 August 2024. The previous contract, from August 2024, was AED 92,400; the unit has been rented since November 2012.

How big is unit 175?

943 sqft (87.6 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2006.

What is unit 175 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 175, Marina Terrace Tower

Starts from the last sale price (AED 585K, 22 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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