254, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 254, Marina Terrace Tower
What is 254 worth today?
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Source: Dubai Land Department. Updated 1 May 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,820 sqft
- Floor
- 25th of 36
- Parking
- P4-175
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,900 /yr
- Last sold
- AED 1.25M · July 2008
- Building
- Marina Terrace Tower
About 254, Marina Terrace Tower
254 is a two-bedroom apartment of 1,820 sqft on the 25th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 14 July 2008 for AED 1,250,100, or AED 686 per sqft, in line with the AED 677 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 May 2021, is AED 120,000 a year: a gross yield of 9.6% on the 2008 price, before the service charge of about AED 37,900 a year.
Sales and rents for 254 over time
254 has sold once; 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 254 sits
All 50 2-beds →254 last sold in July 2008 at AED 686 per sqft, in line with what two-beds in Marina Terrace Tower were fetching at the time (AED 677). 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. 254's AED 120,000 is in the lower 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 25th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 251 | 2-bed | 1,543 sqft | AED 2.3MAED 2,300,000 · Sep 2023September 2023 | 110,000 /yr | |
| 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 | |
| 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 |
254, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 14 July 2008 for AED 1,250,100, or AED 686 per sqft.
- Rented since February 2013 on 6 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2008 price is 9.6%, 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 1 May 2021.
Questions about 254, Marina Terrace Tower
What did unit 254 last sell for?
AED 1,250,100 on 14 July 2008, sold by the developer: AED 686 per sqft for 1,820 sqft. It is the only registered sale of the unit.
What is the rent for unit 254?
AED 120,000 a year on the contract signed on 1 May 2021. The previous contract, from January 2019, was AED 135,000; the unit has been rented since February 2013.
How big is unit 254?
1,820 sqft (169.1 sqm): a two-bedroom apartment on the 25th floor of a 36-storey tower completed in 2006.
What is unit 254 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 254, Marina Terrace Tower
Starts from the last sale price (AED 1.25M, 14 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,100
- Deposit, UAE resident (20%)
- AED 250,020
- Deposit, non-resident (40%)
- AED 500,040
- Monthly over 25 years at 3.7%
- AED 5,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →