3-bed · 1,640 sqftMarina Terrace Tower, Dubai Marina · 21st floor · completed 2006

217, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 2.85M2 September 2024
Current rentAED 110K /yr21 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Marina Terrace Tower

What is 217 worth today?

Last sold for AED 2,850,000 in 2024

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2 Sep 2024SoldReady
AED 2,850,000AED 1,737 per sqft
21 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 67 per sqft
12 Nov 2020SoldReady
AED 980,000AED 597 per sqft
23 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
9 Dec 2009Sold by developerReady
AED 949,000AED 578 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
3-bed apartment
Size
1,640 sqft
Floor
21st of 36
Parking
P3-122
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 34,200 /yr
Last sold
AED 2.85M · September 2024

About 217, Marina Terrace Tower

217 is a three-bedroom apartment of 1,640 sqft on the 21st floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 2 September 2024 for AED 2,850,000, or AED 1,737 per sqft, 30% above the AED 1,341 three-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 21 February 2021, is AED 110,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, December 2009: AED 949,000 (AED 578 per sqft)Sold, November 2020: AED 980,000 (AED 597 per sqft)Sold, September 2024: AED 2,850,000 (AED 1,737 per sqft)

217 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 217, 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, November 2018: AED 120,000 a yearNew contract, February 2021: AED 110,000 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 217 sits

All 55 3-beds →

217 last sold in September 2024 at AED 1,737 per sqft, 30% above what three-beds in Marina Terrace Tower were fetching at the time (AED 1,341). 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. 217's AED 110,000 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 21st floor

All 188 units in Marina Terrace Tower
Value
2112-bedAED 2.05M · Jul 2023
2121-bedAED 1.55M · May 2017
2131-bedAED 1.8M · Oct 2025
2142-bedAED 989K · Jul 2008
2151-bedAED 1.77M · Nov 2025
2161-bedAED 1.8M · Apr 2026

217, Marina Terrace Tower in numbers

  • Sold 3 times: first on 9 December 2009 for AED 949,000, last on 2 September 2024 for AED 2,850,000 (AED 1,737 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 3.9%, 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 2 September 2024.

Questions about 217, Marina Terrace Tower

What did unit 217 last sell for?

AED 2,850,000 on 2 September 2024: AED 1,737 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 949,000 in December 2009.

What is the rent for unit 217?

AED 110,000 a year on the contract signed on 21 February 2021. The previous contract, from November 2018, was AED 120,000.

How big is unit 217?

1,640 sqft (152.4 sqm): a three-bedroom apartment on the 21st floor of a 36-storey tower completed in 2006.

What is unit 217 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 217, Marina Terrace Tower

Starts from the last sale price (AED 2.85M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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