3-bed · 1,640 sqftMarina Terrace Tower, Dubai Marina · 20th floor · completed 2006

207, Marina Terrace Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 2M25 October 2022
Current rentAED 100K /yr19 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Marina Terrace Tower

What is 207 worth today?

Last sold for AED 2,000,000 in 2022

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25 Oct 2022SoldReady
AED 2,000,000AED 1,219 per sqft
19 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
19 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
19 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
19 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 92 per sqft
19 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 92 per sqft
2 Oct 2016RentedRenewal
AED 150,000/yr12 months · AED 92 per sqft
1 Jan 2015RentedNew contract
AED 85,714/yr21 months · AED 52 per sqft

Source: Dubai Land Department. Updated 25 October 2022.

Key facts

Type
3-bed apartment
Size
1,640 sqft
Floor
20th of 36
Parking
P3-129
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 34,200 /yr
Last sold
AED 2M · October 2022

About 207, Marina Terrace Tower

207 is a three-bedroom apartment of 1,640 sqft on the 20th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 25 October 2022 for AED 2,000,000, or AED 1,219 per sqft, in line with the AED 1,219 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 19 July 2020, is AED 100,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 34,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical three-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,206,500; 2009 AED 1,500,000; 2010 AED 1,232,500; 2011 AED 1,500,000; 2012 AED 1,650,000; 2013 AED 2,275,000; 2014 AED 1,525,000; 2015 AED 2,340,000; 2016 AED 2,880,000; 2019 AED 1,800,000; 2020 AED 1,512,500; 2021 AED 1,600,000; 2022 AED 2,300,000; 2023 AED 2,275,000; 2024 AED 2,725,000; 2025 AED 2,712,500Sold by developer, July 2008: AED 949,000 (AED 578 per sqft)Sold, October 2022: AED 2,000,000 (AED 1,219 per sqft)

207 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 207, each contractTypical three-bed in Marina Terrace Tower
100K150K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 177,000; 2014 AED 179,375; 2015 AED 179,250; 2016 AED 160,000; 2017 AED 165,000; 2018 AED 135,000; 2019 AED 130,000; 2020 AED 108,750; 2021 AED 110,000; 2022 AED 131,748; 2023 AED 147,000; 2024 AED 163,000; 2025 AED 166,510; 2026 AED 150,000New contract, January 2015: AED 85,714 a yearRenewal, October 2016: AED 150,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2019: AED 100,000 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2020: AED 100,000 a year

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 207 sits

All 55 3-beds →

207 last sold in October 2022 at AED 1,219 per sqft, in line with what three-beds in Marina Terrace Tower were fetching at the time (AED 1,219). 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. 207's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20263,450,000
3 Feb 20263,150,000
23 Oct 20252,625,000
8 Oct 20254,300,000
2 3-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 20th floor

All 188 units in Marina Terrace Tower
Value
2012-bedAED 1.61M · Jul 2022
2021-bedAED 630K · Jul 2008
2031-bedAED 1.74M · Dec 2025
2042-bedAED 2.9M · May 2025
2051-bedAED 1.77M · Jul 2025
2061-bedAED 514K · Dec 2008

207, Marina Terrace Tower in numbers

  • Sold twice: first on 6 July 2008 for AED 949,000, last on 25 October 2022 for AED 2,000,000 (AED 1,219 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 85,714 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.0%, 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 25 October 2022.

Questions about 207, Marina Terrace Tower

What did unit 207 last sell for?

AED 2,000,000 on 25 October 2022: AED 1,219 per sqft for 1,640 sqft. The unit has 2 registered sales; the first was AED 949,000 in July 2008.

What is the rent for unit 207?

AED 100,000 a year on the contract signed on 19 July 2020. The previous contract, from July 2020, was AED 100,000; the unit has been rented since January 2015.

How big is unit 207?

1,640 sqft (152.4 sqm): a three-bedroom apartment on the 20th floor of a 36-storey tower completed in 2006.

What is unit 207 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 207, Marina Terrace Tower

Starts from the last sale price (AED 2M, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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