281, Marina Terrace Tower
Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 281, Marina Terrace Tower
What is 281 worth today?
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Source: Dubai Land Department. Updated 16 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,804 sqft
- Floor
- 28th of 36
- Parking
- P4-154
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,600 /yr
- Last sold
- AED 1.75M · January 2012
- Building
- Marina Terrace Tower
About 281, Marina Terrace Tower
281 is a three-bedroom apartment of 1,804 sqft on the 28th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 23 January 2012 for AED 1,750,000, or AED 970 per sqft, 6% above the AED 914 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 160,000 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 37,600 a year.
Sales and rents for 281 over time
281 has sold twice; 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 281 sits
All 55 3-beds →281 last sold in January 2012 at AED 970 per sqft, 6% above what three-beds in Marina Terrace Tower were fetching at the time (AED 914). 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. 281's AED 160,000 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 28th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 282 | 3-bed | 970 sqft | AED 1.75MAED 1,745,108 · May 2017May 2017 | 120,000 /yr | |
| 283 | 2-bed | 1,830 sqft | AED 3.3MAED 3,300,000 · Oct 2026October 2026 | 117,000 /yr | |
| 284 | 3-bed | 2,053 sqft | AED 1.19MAED 1,187,500 · Jul 2008July 2008 | 110,000 /yr | |
| 285 | 3-bed | 1,795 sqft | AED 2.28MAED 2,275,000 · May 2023May 2023 | 125,000 /yr |
281, Marina Terrace Tower in numbers
- Sold twice: first on 23 August 2009 for AED 1,895,000, last on 23 January 2012 for AED 1,750,000 (AED 970 per sqft).
- Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 159,116 to AED 80,000 in 2021 and recovered to AED 160,000 by May 2025.
- At AED 160,000 a year the gross yield on the 2012 price is 9.1%, before a service charge of about AED 37,600 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 16 May 2025.
Questions about 281, Marina Terrace Tower
What did unit 281 last sell for?
AED 1,750,000 on 23 January 2012: AED 970 per sqft for 1,804 sqft. The unit has 2 registered sales; the first was AED 1,895,000 in August 2009.
What is the rent for unit 281?
AED 160,000 a year on the contract renewed on 16 May 2025. The previous contract, from May 2025, was AED 160,000; the unit has been rented since September 2014.
How big is unit 281?
1,804 sqft (167.6 sqm): a three-bedroom apartment on the 28th floor of a 36-storey tower completed in 2006.
What is unit 281 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 281, Marina Terrace Tower
Starts from the last sale price (AED 1.75M, 23 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →