196, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in April 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 196, Marina Terrace Tower
What is 196 worth today?
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Source: Dubai Land Department. Updated 9 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 19th of 36
- Parking
- P3-137
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 700K · April 2012
- Building
- Marina Terrace Tower
About 196, Marina Terrace Tower
196 is a one-bedroom apartment of 1,054 sqft on the 19th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 19 April 2012 for AED 700,000, or AED 664 per sqft, 27% below the AED 909 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 9 May 2025, is AED 105,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 22,000 a year.
Sales and rents for 196 over time
196 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 196 sits
All 80 1-beds →196 last sold in April 2012 at AED 664 per sqft, 27% below what one-beds in Marina Terrace Tower were fetching at the time (AED 909). 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. 196's AED 105,000 is in the upper 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 19th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 191 | 2-bed | 1,543 sqft | AED 1.93MAED 1,930,000 · May 2023May 2023 | 160,000 /yr | |
| 192 | 1-bed | 1,054 sqft | AED 1.49MAED 1,490,000 · Mar 2018March 2018 | 90,000 /yr | |
| 193 | 1-bed | 938 sqft | AED 1.88MAED 1,875,000 · Mar 2024March 2024 | 120,000 /yr | |
| 194 | 2-bed | 1,820 sqft | AED 2.7MAED 2,700,000 · Apr 2025April 2025 | 185,000 /yr | |
| 195 | 1-bed | 943 sqft | AED 610KAED 610,000 · Jul 2008July 2008 | ||
| 197 | 3-bed | 1,640 sqft | AED 1.65MAED 1,650,000 · Jun 2012June 2012 | 160,000 /yr |
196, Marina Terrace Tower in numbers
- Sold 3 times: first on 10 August 2008 for AED 660,000, last on 19 April 2012 for AED 700,000 (AED 664 per sqft).
- Rented since March 2014 on 10 Ejari contracts, from AED 40,360 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2012 price is 15.0%, 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 9 May 2025.
Questions about 196, Marina Terrace Tower
What did unit 196 last sell for?
AED 700,000 on 19 April 2012: AED 664 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 660,000 in August 2008.
What is the rent for unit 196?
AED 105,000 a year on the contract signed on 9 May 2025. The previous contract, from May 2025, was AED 105,000; the unit has been rented since March 2014.
How big is unit 196?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 19th floor of a 36-storey tower completed in 2006.
What is unit 196 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 196, Marina Terrace Tower
Starts from the last sale price (AED 700K, 19 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →