231, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 231, Marina Terrace Tower
What is 231 worth today?
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Source: Dubai Land Department. Updated 16 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 23rd of 36
- Parking
- P3-114
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 725K · March 2022
- Building
- Marina Terrace Tower
About 231, Marina Terrace Tower
231 is a two-bedroom apartment of 1,543 sqft on the 23rd floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 23 March 2022 for AED 725,000, or AED 469 per sqft, 48% below the AED 894 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 16 August 2025, is AED 150,000 a year: a gross yield of 20.7% on the 2022 price, before the service charge of about AED 32,100 a year.
Sales and rents for 231 over time
231 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Terrace Tower, and where 231 sits
All 50 2-beds →231 last sold in March 2022 at AED 469 per sqft, 48% below what two-beds in Marina Terrace Tower were fetching at the time (AED 894). Over the last 12 months two-beds sold for AED 2,840,000 to 3,300,000, around AED 1,613 per sqft, and rent for AED 115,920 to 190,000 a year. 231's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,830 sqft | 2,900,000 | 1,584 | ||
| 15 Oct 202615 October 2026 | 1,830 sqft | 3,300,000 | 1,803 | ||
| 19 Jan 202619 January 2026 | 1,820 sqft | 2,990,000 | 1,642 | ||
| 26 Dec 202526 December 2025 | 1,830 sqft | 2,840,000 | 1,551 |
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 23rd floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 232 | 1-bed | 1,054 sqft | AED 1.75MAED 1,750,000 · May 2024May 2024 | 67,000 /yr | |
| 233 | 1-bed | 938 sqft | AED 589KAED 589,000 · Jul 2008July 2008 | 88,935 /yr | |
| 234 | 2-bed | 1,820 sqft | AED 2.15MAED 2,150,000 · Sep 2022September 2022 | 205,000 /yr | |
| 235 | 1-bed | 943 sqft | AED 1.69MAED 1,685,000 · Nov 2025November 2025 | 96,053 /yr | |
| 236 | 1-bed | 1,054 sqft | AED 1.1MAED 1,100,000 · Mar 2012March 2012 | 115,000 /yr | |
| 237 | 3-bed | 1,640 sqft | AED 1.95MAED 1,950,000 · Mar 2020March 2020 |
231, Marina Terrace Tower in numbers
- Sold 3 times: first on 21 August 2008 for AED 859,000, last on 23 March 2022 for AED 725,000 (AED 469 per sqft).
- Rented since November 2013 on 14 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 150,000 by August 2025.
- At AED 150,000 a year the gross yield on the 2022 price is 20.7%, before a service charge of about AED 32,100 a year (AED 20.83 per sqft).
- Two-beds in Marina Terrace Tower sold for AED 2,840,000–3,300,000 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 16 August 2025.
Questions about 231, Marina Terrace Tower
What did unit 231 last sell for?
AED 725,000 on 23 March 2022: AED 469 per sqft for 1,543 sqft. The unit has 3 registered sales; the first was AED 859,000 in August 2008.
What is the rent for unit 231?
AED 150,000 a year on the contract signed on 16 August 2025. The previous contract, from August 2025, was AED 150,000; the unit has been rented since November 2013.
How big is unit 231?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2006.
What is unit 231 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Terrace Tower sold for AED 2,840,000 to 3,300,000 in the last 12 months, around AED 1,613 per sqft.
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Mortgage on 231, Marina Terrace Tower
Starts from the last sale price (AED 725K, 23 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →