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3-bed · 1,640 sqftMarina Terrace Tower, Dubai Marina · 23rd floor · completed 2006

237, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 237 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 1.95M1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 237, Marina Terrace Tower

What is 237 worth today?

Last sold for AED 1,950,000 in 2020

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1 Mar 2020SoldReady
AED 1,950,000AED 1,189 per sqft
19 Feb 2019SoldReady
AED 1,700,000AED 1,036 per sqft
1 Mar 2012Sold by developerReady
AED 959,000AED 584 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
3-bed apartment
Size
1,640 sqft
Floor
23rd of 36
Parking
P4-186
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 34,200 /yr
Last sold
AED 1.95M · March 2020
Building
Marina Terrace Tower

About 237, Marina Terrace Tower

237 is a three-bedroom apartment of 1,640 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 1 March 2020 for AED 1,950,000, or AED 1,189 per sqft, 36% above the AED 876 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 237 over time

Sales
Unit 237, 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, March 2012: AED 959,000 (AED 584 per sqft)Sold, February 2019: AED 1,700,000 (AED 1,036 per sqft)Sold, March 2020: AED 1,950,000 (AED 1,189 per sqft)

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

Rents
Unit 237, 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 150,000

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 237 sits

All 55 3-beds →

237 last sold in March 2020 at AED 1,189 per sqft, 36% above what three-beds in Marina Terrace Tower were fetching at the time (AED 876). 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.

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 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
2342-bedAED 2.15M · Sep 2022
2351-bedAED 1.69M · Nov 2025
2361-bedAED 1.1M · Mar 2012

237, Marina Terrace Tower in numbers

  • Sold 3 times: first on 1 March 2012 for AED 959,000, last on 1 March 2020 for AED 1,950,000 (AED 1,189 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 1 March 2020.

Questions about 237, Marina Terrace Tower

What did unit 237 last sell for?

AED 1,950,000 on 1 March 2020: AED 1,189 per sqft for 1,640 sqft. The unit has 3 registered sales; the first was AED 959,000 in March 2012.

How big is unit 237?

1,640 sqft (152.4 sqm): a three-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2006.

What is unit 237 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 237, Marina Terrace Tower

Starts from the last sale price (AED 1.95M, 1 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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