262, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in July 2023, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 262, Marina Terrace Tower
What is 262 worth today?
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Source: Dubai Land Department. Updated 12 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,940 sqft
- Floor
- 26th of 36
- Parking
- P4-170
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 40,400 /yr
- Last sold
- AED 2.75M · July 2023
- Building
- Marina Terrace Tower
About 262, Marina Terrace Tower
262 is a three-bedroom apartment of 1,940 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 12 July 2023 for AED 2,750,000, or AED 1,417 per sqft, 16% above the AED 1,218 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 30 August 2013. The current contract, signed on 30 August 2013, is AED 232,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 40,400 a year.
Sales and rents for 262 over time
262 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Terrace Tower, and where 262 sits
All 55 3-beds →262 last sold in July 2023 at AED 1,417 per sqft, 16% above what three-beds in Marina Terrace Tower were fetching at the time (AED 1,218). Over the last 12 months three-beds sold for AED 3,150,000 to 3,450,000, around AED 1,916 per sqft, and rent for AED 135,000 to 470,000 a year. 262's AED 232,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202623 April 2026 | 1,804 sqft | 3,450,000 | 1,912 | ||
| 3 Feb 20263 February 2026 | 1,640 sqft | 3,150,000 | 1,920 | ||
| 23 Oct 202523 October 2025 | 1,645 sqft | 2,625,000 | 1,595 | ||
| 8 Oct 20258 October 2025 | 2,054 sqft | 4,300,000 | 2,093 |
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 | |||||
|---|---|---|---|---|---|
| 261 | 2-bed | 1,541 sqft | AED 2.25MAED 2,250,000 · Mar 2024March 2024 | 78,000 /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 |
262, Marina Terrace Tower in numbers
- Sold 3 times: first on 10 August 2008 for AED 2,230,000, last on 12 July 2023 for AED 2,750,000 (AED 1,417 per sqft).
- Rented since August 2013 on one Ejari contract, at AED 232,000 a year.
- At AED 232,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 40,400 a year (AED 20.83 per sqft).
- Three-beds in Marina Terrace Tower sold for AED 3,150,000–3,450,000 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 12 July 2023.
Questions about 262, Marina Terrace Tower
What did unit 262 last sell for?
AED 2,750,000 on 12 July 2023: AED 1,417 per sqft for 1,940 sqft. The unit has 3 registered sales; the first was AED 2,230,000 in August 2008.
What is the rent for unit 262?
AED 232,000 a year on the contract signed on 30 August 2013.
How big is unit 262?
1,940 sqft (180.2 sqm): a three-bedroom apartment on the 26th floor of a 36-storey tower completed in 2006.
What is unit 262 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Terrace Tower sold for AED 3,150,000 to 3,450,000 in the last 12 months, around AED 1,916 per sqft.
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Mortgage on 262, Marina Terrace Tower
Starts from the last sale price (AED 2.75M, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →