2-bed · 1,820 sqftMarina Terrace Tower, Dubai Marina · 23rd floor · completed 2006

234, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 234 · DLD and Ejari recordsUpdated 4 March 2025
Last soldAED 2.15M29 September 2022
Current rentAED 205K /yr4 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 234, Marina Terrace Tower

What is 234 worth today?

Last sold for AED 2,150,000 in 2022

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4 Mar 2025RentedRenewal
AED 205,000/yr12 months · AED 113 per sqft
4 Mar 2025RentedRenewal
AED 205,000/yr12 months · AED 113 per sqft
4 Mar 2024RentedRenewal
AED 200,000/yr12 months · AED 110 per sqft
4 Mar 2024RentedRenewal
AED 200,000/yr12 months · AED 110 per sqft
4 Mar 2023RentedNew contract
AED 195,000/yr12 months · AED 107 per sqft
29 Sep 2022SoldReady
AED 2,150,000AED 1,181 per sqft
20 Jul 2008SoldReady
AED 3,000,000AED 1,648 per sqft
6 Jul 2008Sold by developerReady
AED 1,214,000AED 667 per sqft

Source: Dubai Land Department. Updated 4 March 2025.

Key facts

Type
2-bed apartment
Size
1,820 sqft
Floor
23rd of 36
Parking
P4-189
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 37,900 /yr
Last sold
AED 2.15M · September 2022

About 234, Marina Terrace Tower

234 is a two-bedroom apartment of 1,820 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 29 September 2022 for AED 2,150,000, or AED 1,181 per sqft, 15% above the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 4 March 2025, is AED 205,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 37,900 a year.

Sales and rents for 234 over time

Sales
Unit 234, each saleTypical two-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2009 AED 1,390,000; 2010 AED 1,156,000; 2011 AED 1,535,000; 2012 AED 1,800,000; 2013 AED 1,800,000; 2015 AED 2,000,000; 2021 AED 1,380,000; 2022 AED 1,579,408; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,850,000; 2026 AED 2,990,000Sold, July 2008: AED 3,000,000 (AED 1,648 per sqft)Sold by developer, July 2008: AED 1,214,000 (AED 667 per sqft)Sold, September 2022: AED 2,150,000 (AED 1,181 per sqft)

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

Rents
Unit 234, each contractTypical two-bed in Marina Terrace Tower
100K150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 145,000; 2015 AED 153,000; 2016 AED 149,584; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 110,650; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 157,500; 2026 AED 141,000New contract, March 2023: AED 195,000 a yearRenewal, March 2024: AED 200,000 a yearRenewal, March 2024: AED 200,000 a yearRenewal, March 2025: AED 205,000 a yearRenewal, March 2025: AED 205,000 a year

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 234 sits

All 50 2-beds →

234 last sold in September 2022 at AED 1,181 per sqft, 15% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,023). 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. 234's AED 205,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,900,000
15 Oct 20263,300,000
19 Jan 20262,990,000
26 Dec 20252,840,000
4 2-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 23rd floor

All 188 units in Marina Terrace Tower
Value
2312-bedAED 725K · Mar 2022
2321-bedAED 1.75M · May 2024
2331-bedAED 589K · Jul 2008
2351-bedAED 1.69M · Nov 2025
2361-bedAED 1.1M · Mar 2012
2373-bedAED 1.95M · Mar 2020

234, Marina Terrace Tower in numbers

  • Sold 3 times: first on 6 July 2008 for AED 1,214,000, last on 29 September 2022 for AED 2,150,000 (AED 1,181 per sqft).
  • Rented since March 2023 on 5 Ejari contracts, from AED 195,000 to AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 37,900 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 4 March 2025.

Questions about 234, Marina Terrace Tower

What did unit 234 last sell for?

AED 2,150,000 on 29 September 2022: AED 1,181 per sqft for 1,820 sqft. The unit has 3 registered sales; the first was AED 1,214,000 in July 2008.

What is the rent for unit 234?

AED 205,000 a year on the contract renewed on 4 March 2025. The previous contract, from March 2025, was AED 205,000; the unit has been rented since March 2023.

How big is unit 234?

1,820 sqft (169.1 sqm): a two-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2006.

What is unit 234 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 234, Marina Terrace Tower

Starts from the last sale price (AED 2.15M, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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