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3-bed · 2,053 sqftMarina Terrace Tower, Dubai Marina · 29th floor · completed 2006

294, Marina Terrace Tower

Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 294 · DLD and Ejari recordsUpdated 18 July 2022
Last soldAED 2.5M18 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 294, Marina Terrace Tower

What is 294 worth today?

Last sold for AED 2,500,000 in 2022

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18 Jul 2022SoldReady
AED 2,500,000AED 1,217 per sqft
11 Apr 2011Sold by developerReady
AED 2,371,200AED 1,154 per sqft

Source: Dubai Land Department. Updated 18 July 2022.

Key facts

Type
3-bed apartment
Size
2,053 sqft
Floor
29th of 36
Parking
P5-225
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 42,800 /yr
Last sold
AED 2.5M · July 2022
Building
Marina Terrace Tower

About 294, Marina Terrace Tower

294 is a three-bedroom apartment of 2,053 sqft on the 29th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 18 July 2022 for AED 2,500,000, or AED 1,217 per sqft, in line with the AED 1,219 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 294 over time

Sales
Unit 294, each saleTypical three-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,206,500; 2009 AED 1,500,000; 2010 AED 1,232,500; 2011 AED 1,500,000; 2012 AED 1,650,000; 2013 AED 2,275,000; 2014 AED 1,525,000; 2015 AED 2,340,000; 2016 AED 2,880,000; 2019 AED 1,800,000; 2020 AED 1,512,500; 2021 AED 1,600,000; 2022 AED 2,300,000; 2023 AED 2,275,000; 2024 AED 2,725,000; 2025 AED 2,712,500Sold by developer, April 2011: AED 2,371,200 (AED 1,154 per sqft)Sold, July 2022: AED 2,500,000 (AED 1,217 per sqft)

294 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 294, each contractTypical three-bed in Marina Terrace Tower
100K150K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 177,000; 2014 AED 179,375; 2015 AED 179,250; 2016 AED 160,000; 2017 AED 165,000; 2018 AED 135,000; 2019 AED 130,000; 2020 AED 108,750; 2021 AED 110,000; 2022 AED 131,748; 2023 AED 147,000; 2024 AED 163,000; 2025 AED 166,510; 2026 AED 150,000

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 294 sits

All 55 3-beds →

294 last sold in July 2022 at AED 1,217 per sqft, in line with what three-beds in Marina Terrace Tower were fetching at the time (AED 1,219). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20263,450,000
3 Feb 20263,150,000
23 Oct 20252,625,000
8 Oct 20254,300,000
2 3-bed sales in the last 12 months

Marina Terrace Tower

Building

188 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%
Marina Terrace Tower, Dubai Marina: prices, sales and rents →

Other units on the 29th floor

All 188 units in Marina Terrace Tower
Value
2913-bedAED 3.25M · Jul 2025
2923-bedAED 2.4M · Jun 2016
2932-bedAED 2.65M · Jul 2024
2953-bedAED 2.35M · Feb 2024

294, Marina Terrace Tower in numbers

  • Sold twice: first on 11 April 2011 for AED 2,371,200, last on 18 July 2022 for AED 2,500,000 (AED 1,217 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 18 July 2022.

Questions about 294, Marina Terrace Tower

What did unit 294 last sell for?

AED 2,500,000 on 18 July 2022: AED 1,217 per sqft for 2,053 sqft. The unit has 2 registered sales; the first was AED 2,371,200 in April 2011.

How big is unit 294?

2,053 sqft (190.7 sqm): a three-bedroom apartment on the 29th floor of a 36-storey tower completed in 2006.

What is unit 294 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 294, Marina Terrace Tower

Starts from the last sale price (AED 2.5M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →