244, Marina Terrace Tower
Sold prices and rental history: sold twice, last in September 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 244, Marina Terrace Tower
What is 244 worth today?
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Source: Dubai Land Department. Updated 14 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,820 sqft
- Floor
- 24th of 36
- Parking
- P4-182
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,900 /yr
- Last sold
- AED 2M · September 2009
- Building
- Marina Terrace Tower
About 244, Marina Terrace Tower
244 is a two-bedroom apartment of 1,820 sqft on the 24th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 15 September 2009 for AED 2,000,000, or AED 1,098 per sqft, 73% above the AED 635 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 14 February 2026, is AED 180,000 a year: a gross yield of 9.0% on the 2009 price, before the service charge of about AED 37,900 a year.
Sales and rents for 244 over time
244 has sold twice; 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 244 sits
All 50 2-beds →244 last sold in September 2009 at AED 1,098 per sqft, 73% above what two-beds in Marina Terrace Tower were fetching at the time (AED 635). 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. 244's AED 180,000 is in the upper 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 24th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 241 | 2-bed | 1,543 sqft | AED 1.55MAED 1,550,000 · Sep 2022September 2022 | 141,000 /yr | |
| 242 | 1-bed | 1,054 sqft | AED 595KAED 595,000 · Dec 2011December 2011 | 100,000 /yr | |
| 243 | 1-bed | 938 sqft | AED 545KAED 545,000 · Sep 2015September 2015 | ||
| 245 | 1-bed | 943 sqft | AED 1.35MAED 1,350,000 · Apr 2018April 2018 | ||
| 246 | 1-bed | 1,054 sqft | AED 1.8MAED 1,800,000 · Apr 2016April 2016 | 90,000 /yr | |
| 247 | 3-bed | 1,640 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 |
244, Marina Terrace Tower in numbers
- Sold twice: first on 27 August 2009 for AED 1,080,000, last on 15 September 2009 for AED 2,000,000 (AED 1,098 per sqft).
- Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 95,000 in 2020 and recovered to AED 180,000 by February 2026.
- At AED 180,000 a year the gross yield on the 2009 price is 9.0%, 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 14 February 2026.
Questions about 244, Marina Terrace Tower
What did unit 244 last sell for?
AED 2,000,000 on 15 September 2009: AED 1,098 per sqft for 1,820 sqft. The unit has 2 registered sales; the first was AED 1,080,000 in August 2009.
What is the rent for unit 244?
AED 180,000 a year on the contract signed on 14 February 2026. The previous contract, from November 2024, was AED 121,000; the unit has been rented since November 2015.
How big is unit 244?
1,820 sqft (169.1 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2006.
What is unit 244 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 244, Marina Terrace Tower
Starts from the last sale price (AED 2M, 15 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →