251, Marina Terrace Tower
Sold prices and rental history: sold 7 times, last in September 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 251, Marina Terrace Tower
What is 251 worth today?
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Source: Dubai Land Department. Updated 4 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 25th of 36
- Parking
- P4-177
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2.3M · September 2023
- Building
- Marina Terrace Tower
About 251, Marina Terrace Tower
251 is a two-bedroom apartment of 1,543 sqft on the 25th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 4 September 2023 for AED 2,300,000, or AED 1,490 per sqft, 19% above the AED 1,250 two-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 15 August 2019, is AED 110,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 32,100 a year.
Sales and rents for 251 over time
251 has sold 7 times; 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 251 sits
All 50 2-beds →251 last sold in September 2023 at AED 1,490 per sqft, 19% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,250). 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. 251's AED 110,000 is at the bottom 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 25th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 252 | 1-bed | 1,054 sqft | AED 1.65MAED 1,650,700 · Dec 2024December 2024 | 120,000 /yr | |
| 253 | 1-bed | 938 sqft | AED 1.35MAED 1,350,000 · May 2013May 2013 | 110,000 /yr | |
| 254 | 2-bed | 1,820 sqft | AED 1.25MAED 1,250,100 · Jul 2008July 2008 | 120,000 /yr | |
| 255 | 1-bed | 943 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 100,000 /yr | |
| 256 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Apr 2016April 2016 | 90,750 /yr | |
| 257 | 3-bed | 1,640 sqft | AED 2.2MAED 2,200,000 · Apr 2023April 2023 | 180,000 /yr |
251, Marina Terrace Tower in numbers
- Sold 7 times: first on 21 August 2008 for AED 869,000, last on 4 September 2023 for AED 2,300,000 (AED 1,490 per sqft).
- Rented since August 2018 on 2 Ejari contracts, from AED 125,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 32,100 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 September 2023.
Questions about 251, Marina Terrace Tower
What did unit 251 last sell for?
AED 2,300,000 on 4 September 2023: AED 1,490 per sqft for 1,543 sqft. The unit has 7 registered sales; the first was AED 869,000 in August 2008.
What is the rent for unit 251?
AED 110,000 a year on the contract renewed on 15 August 2019. The previous contract, from August 2018, was AED 125,000.
How big is unit 251?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 25th floor of a 36-storey tower completed in 2006.
What is unit 251 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 251, Marina Terrace Tower
Starts from the last sale price (AED 2.3M, 4 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →