284, 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 284, Marina Terrace Tower
What is 284 worth today?
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Source: Dubai Land Department. Updated 22 November 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,053 sqft
- Floor
- 28th of 36
- Parking
- P5-229
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 42,800 /yr
- Last sold
- AED 1.19M · July 2008
- Building
- Marina Terrace Tower
About 284, Marina Terrace Tower
284 is a three-bedroom apartment of 2,053 sqft on the 28th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 6 July 2008 for AED 1,187,500, or AED 578 per sqft, 13% below the AED 663 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 22 November 2019, is AED 110,000 a year: a gross yield of 9.3% on the 2008 price, before the service charge of about AED 42,800 a year.
Sales and rents for 284 over time
284 has sold once; 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 284 sits
All 55 3-beds →284 last sold in July 2008 at AED 578 per sqft, 13% below what three-beds in Marina Terrace Tower were fetching at the time (AED 663). 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. 284's AED 110,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 281 | 3-bed | 1,804 sqft | AED 1.75MAED 1,750,000 · Jan 2012January 2012 | 160,000 /yr | |
| 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 | |
| 285 | 3-bed | 1,795 sqft | AED 2.28MAED 2,275,000 · May 2023May 2023 | 125,000 /yr |
284, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 6 July 2008 for AED 1,187,500, or AED 578 per sqft.
- Rented since September 2013 on 7 Ejari contracts, from AED 175,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2008 price is 9.3%, before a service charge of about AED 42,800 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 22 November 2019.
Questions about 284, Marina Terrace Tower
What did unit 284 last sell for?
AED 1,187,500 on 6 July 2008, sold by the developer: AED 578 per sqft for 2,053 sqft. It is the only registered sale of the unit.
What is the rent for unit 284?
AED 110,000 a year on the contract signed on 22 November 2019. The previous contract, from February 2019, was AED 141,750; the unit has been rented since September 2013.
How big is unit 284?
2,053 sqft (190.7 sqm): a three-bedroom apartment on the 28th floor of a 36-storey tower completed in 2006.
What is unit 284 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 284, Marina Terrace Tower
Starts from the last sale price (AED 1.19M, 6 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,187,500
- Deposit, UAE resident (20%)
- AED 237,500
- Deposit, non-resident (40%)
- AED 475,000
- Monthly over 25 years at 3.7%
- AED 4,858
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →