197, Marina Terrace Tower
Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 197, Marina Terrace Tower
What is 197 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,640 sqft
- Floor
- 19th of 36
- Parking
- P4-169
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 34,200 /yr
- Last sold
- AED 1.65M · June 2012
- Building
- Marina Terrace Tower
About 197, Marina Terrace Tower
197 is a three-bedroom apartment of 1,640 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 7 June 2012 for AED 1,650,000, or AED 1,006 per sqft, 10% above the AED 915 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 160,000 a year: a gross yield of 9.7% on the 2012 price, before the service charge of about AED 34,200 a year.
Sales and rents for 197 over time
197 has sold twice; 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 197 sits
All 55 3-beds →197 last sold in June 2012 at AED 1,006 per sqft, 10% above what three-beds in Marina Terrace Tower were fetching at the time (AED 915). 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. 197's AED 160,000 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 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 | ||
| 196 | 1-bed | 1,054 sqft | AED 700KAED 700,000 · Apr 2012April 2012 | 105,000 /yr |
197, Marina Terrace Tower in numbers
- Sold twice: first on 29 September 2010 for AED 1,225,000, last on 7 June 2012 for AED 1,650,000 (AED 1,006 per sqft).
- Rented since August 2022 on 5 Ejari contracts, from AED 140,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2012 price is 9.7%, 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 10 September 2025.
Questions about 197, Marina Terrace Tower
What did unit 197 last sell for?
AED 1,650,000 on 7 June 2012: AED 1,006 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in September 2010.
What is the rent for unit 197?
AED 160,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 160,000; the unit has been rented since August 2022.
How big is unit 197?
1,640 sqft (152.4 sqm): a three-bedroom apartment on the 19th floor of a 36-storey tower completed in 2006.
What is unit 197 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.
Selling 197? 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.
Mortgage on 197, Marina Terrace Tower
Starts from the last sale price (AED 1.65M, 7 June 2012). 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 →