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1-bed · 938 sqftMarina Terrace Tower, Dubai Marina · 24th floor · completed 2006

243, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 243 · DLD and Ejari recordsUpdated 15 September 2015
Last soldAED 545K15 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 243, Marina Terrace Tower

What is 243 worth today?

Last sold for AED 545,000 in 2015

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15 Sep 2015Sold by developerReady
AED 545,000AED 581 per sqft

Source: Dubai Land Department. Updated 15 September 2015.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
24th of 36
Parking
P4-183
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 545K · September 2015
Building
Marina Terrace Tower

About 243, Marina Terrace Tower

243 is a one-bedroom apartment of 938 sqft on the 24th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 15 September 2015 for AED 545,000, or AED 581 per sqft, 65% below the AED 1,637 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 243 over time

Sales
Unit 243, each saleTypical one-bed in Marina Terrace Tower
1M2008201320182023Typical sale price by year: 2008 AED 660,000; 2009 AED 700,000; 2010 AED 616,500; 2011 AED 930,000; 2012 AED 810,000; 2013 AED 1,400,000; 2014 AED 1,750,000; 2015 AED 1,500,000; 2016 AED 1,450,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,462,500; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,712,500Sold by developer, September 2015: AED 545,000 (AED 581 per sqft)

243 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 243, each contractTypical one-bed in Marina Terrace Tower
80K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 92,750; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 96,592

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 243 sits

All 80 1-beds →

243 last sold in September 2015 at AED 581 per sqft, 65% below what one-beds in Marina Terrace Tower were fetching at the time (AED 1,637). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 20261,800,000
16 Dec 20251,610,000
3 Dec 20251,740,000
12 Nov 20251,685,000
5 1-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 24th floor

All 188 units in Marina Terrace Tower
Value
2412-bedAED 1.55M · Sep 2022
2421-bedAED 595K · Dec 2011
2442-bedAED 2M · Sep 2009
2451-bedAED 1.35M · Apr 2018
2461-bedAED 1.8M · Apr 2016
2473-bedAED 2M · Jun 2022

243, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 15 September 2015 for AED 545,000, or AED 581 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 15 September 2015.

Questions about 243, Marina Terrace Tower

What did unit 243 last sell for?

AED 545,000 on 15 September 2015, sold by the developer: AED 581 per sqft for 938 sqft. It is the only registered sale of the unit.

How big is unit 243?

938 sqft (87.1 sqm): a one-bedroom apartment on the 24th floor of a 36-storey tower completed in 2006.

What is unit 243 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 243, Marina Terrace Tower

Starts from the last sale price (AED 545K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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