261, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in March 2024, 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 261, Marina Terrace Tower
What is 261 worth today?
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Source: Dubai Land Department. Updated 18 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,541 sqft
- Floor
- 26th of 36
- Parking
- P4-171
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2.25M · March 2024
- Building
- Marina Terrace Tower
About 261, Marina Terrace Tower
261 is a two-bedroom apartment of 1,541 sqft on the 26th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 18 March 2024 for AED 2,250,000, or AED 1,460 per sqft, 8% above the AED 1,352 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 June 2022, is AED 78,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 32,100 a year.
Sales and rents for 261 over time
261 has sold 3 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 261 sits
All 50 2-beds →261 last sold in March 2024 at AED 1,460 per sqft, 8% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,352). 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. 261's AED 78,000 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 26th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 262 | 3-bed | 1,940 sqft | AED 2.75MAED 2,750,000 · Jul 2023July 2023 | 232,000 /yr | |
| 263 | 2-bed | 1,830 sqft | AED 2.9MAED 2,900,000 · Oct 2026October 2026 | 145,000 /yr | |
| 264 | 3-bed | 2,054 sqft | AED 4.3MAED 4,300,000 · Oct 2025October 2025 | 139,150 /yr | |
| 265 | 3-bed | 1,635 sqft | AED 3.45MAED 3,450,000 · Dec 2024December 2024 | 190,588 /yr |
261, Marina Terrace Tower in numbers
- Sold 3 times: first on 10 May 2010 for AED 707,807, last on 18 March 2024 for AED 2,250,000 (AED 1,460 per sqft).
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 70,000 in 2021 and recovered to AED 78,000 by June 2022.
- At AED 78,000 a year the gross yield on the 2024 price is 3.5%, 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 18 March 2024.
Questions about 261, Marina Terrace Tower
What did unit 261 last sell for?
AED 2,250,000 on 18 March 2024: AED 1,460 per sqft for 1,541 sqft. The unit has 3 registered sales; the first was AED 707,807 in May 2010.
What is the rent for unit 261?
AED 78,000 a year on the contract renewed on 22 June 2022. The previous contract, from January 2022, was AED 78,000; the unit has been rented since May 2013.
How big is unit 261?
1,541 sqft (143.2 sqm): a two-bedroom apartment on the 26th floor of a 36-storey tower completed in 2006.
What is unit 261 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 261, Marina Terrace Tower
Starts from the last sale price (AED 2.25M, 18 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →