3-bed · 1,795 sqftMarina Terrace Tower, Dubai Marina · 29th floor · completed 2006

295, Marina Terrace Tower

Sold prices and rental history: sold twice, last in February 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 295 · DLD and Ejari recordsUpdated 26 February 2024
Last soldAED 2.35M26 February 2024
Current rentAED 184K /yr21 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 295, Marina Terrace Tower

What is 295 worth today?

Last sold for AED 2,350,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Feb 2024SoldReady
AED 2,350,000AED 1,309 per sqft
21 Mar 2015RentedRenewal
AED 184,000/yr12 months · AED 102 per sqft
21 Mar 2014RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
21 Mar 2013RentedNew contract
AED 160,000/yr12 months · AED 89 per sqft
17 Jul 2008Sold by developerReady
AED 1,531,144AED 853 per sqft

Source: Dubai Land Department. Updated 26 February 2024.

Key facts

Type
3-bed apartment
Size
1,795 sqft
Floor
29th of 36
Parking
P5-224
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 37,400 /yr
Last sold
AED 2.35M · February 2024

About 295, Marina Terrace Tower

295 is a three-bedroom apartment of 1,795 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 26 February 2024 for AED 2,350,000, or AED 1,309 per sqft, in line with the AED 1,309 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 21 March 2015, is AED 184,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 37,400 a year.

Sales and rents for 295 over time

Sales
Unit 295, 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, July 2008: AED 1,531,144 (AED 853 per sqft)Sold, February 2024: AED 2,350,000 (AED 1,309 per sqft)

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

Rents
Unit 295, 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 150,000New contract, March 2013: AED 160,000 a yearNew contract, March 2014: AED 160,000 a yearRenewal, March 2015: AED 184,000 a year

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 295 sits

All 55 3-beds →

295 last sold in February 2024 at AED 1,309 per sqft, in line with what three-beds in Marina Terrace Tower were fetching at the time (AED 1,309). 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. 295's AED 184,000 is in the lower half of that range.

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
2943-bedAED 2.5M · Jul 2022

295, Marina Terrace Tower in numbers

  • Sold twice: first on 17 July 2008 for AED 1,531,144, last on 26 February 2024 for AED 2,350,000 (AED 1,309 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 160,000 to AED 184,000 a year.
  • At AED 184,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 37,400 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 26 February 2024.

Questions about 295, Marina Terrace Tower

What did unit 295 last sell for?

AED 2,350,000 on 26 February 2024: AED 1,309 per sqft for 1,795 sqft. The unit has 2 registered sales; the first was AED 1,531,144 in July 2008.

What is the rent for unit 295?

AED 184,000 a year on the contract renewed on 21 March 2015. The previous contract, from March 2014, was AED 160,000; the unit has been rented since March 2013.

How big is unit 295?

1,795 sqft (166.8 sqm): a three-bedroom apartment on the 29th floor of a 36-storey tower completed in 2006.

What is unit 295 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.

Selling 295? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 295, Marina Terrace Tower

Starts from the last sale price (AED 2.35M, 26 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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