232, Marina Terrace Tower
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 232, Marina Terrace Tower
What is 232 worth today?
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Source: Dubai Land Department. Updated 7 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 23rd of 36
- Parking
- P3-113
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.75M · May 2024
- Building
- Marina Terrace Tower
About 232, Marina Terrace Tower
232 is a one-bedroom apartment of 1,054 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 7 May 2024 for AED 1,750,000, or AED 1,660 per sqft, in line with the AED 1,652 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 25 October 2021, is AED 67,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 22,000 a year.
Sales and rents for 232 over time
232 has sold 4 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 232 sits
All 80 1-beds →232 last sold in May 2024 at AED 1,660 per sqft, in line with what one-beds in Marina Terrace Tower were fetching at the time (AED 1,652). 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. 232's AED 67,000 is in the lower 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 23rd floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 231 | 2-bed | 1,543 sqft | AED 725KAED 725,000 · Mar 2022March 2022 | 150,000 /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 |
232, Marina Terrace Tower in numbers
- Sold 4 times: first on 21 August 2008 for AED 640,000, last on 7 May 2024 for AED 1,750,000 (AED 1,660 per sqft).
- Rented since December 2016 on 7 Ejari contracts, from AED 115,000 to AED 67,000 a year.
- At AED 67,000 a year the gross yield on the 2024 price is 3.8%, 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 7 May 2024.
Questions about 232, Marina Terrace Tower
What did unit 232 last sell for?
AED 1,750,000 on 7 May 2024: AED 1,660 per sqft for 1,054 sqft. The unit has 4 registered sales; the first was AED 640,000 in August 2008.
What is the rent for unit 232?
AED 67,000 a year on the contract signed on 25 October 2021. The previous contract, from October 2020, was AED 68,000; the unit has been rented since December 2016.
How big is unit 232?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2006.
What is unit 232 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 232, Marina Terrace Tower
Starts from the last sale price (AED 1.75M, 7 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →