301, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Marina Terrace Tower
What is 301 worth today?
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Source: Dubai Land Department. Updated 25 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,804 sqft
- Floor
- 30th of 36
- Parking
- P1-7, P1-12
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,600 /yr
- Last sold
- AED 1.05M · July 2008
- Building
- Marina Terrace Tower
About 301, Marina Terrace Tower
301 is a three-bedroom apartment of 1,804 sqft on the 30th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 8 July 2008 for AED 1,050,000, or AED 582 per sqft, 4% below the AED 604 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 25 November 2024, is AED 164,000 a year: a gross yield of 15.6% on the 2008 price, before the service charge of about AED 37,600 a year.
Sales and rents for 301 over time
301 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 301 sits
All 55 3-beds →301 last sold in July 2008 at AED 582 per sqft, 4% below what three-beds in Marina Terrace Tower were fetching at the time (AED 604). 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. 301's AED 164,000 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 30th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 3-bed | 1,939 sqft | AED 2.95MAED 2,950,000 · Nov 2024November 2024 | 192,434 /yr | |
| 303 | 2-bed | 1,830 sqft | AED 2.7MAED 2,700,000 · May 2014May 2014 | 157,500 /yr | |
| 304 | 3-bed | 2,053 sqft | AED 1.8MAED 1,800,000 · Aug 2019August 2019 | 190,000 /yr | |
| 305 | 3-bed | 1,795 sqft | AED 1.7MAED 1,700,000 · Feb 2012February 2012 | 180,000 /yr |
301, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 8 July 2008 for AED 1,050,000, or AED 582 per sqft.
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 128,000 in 2022 and recovered to AED 164,000 by November 2024.
- At AED 164,000 a year the gross yield on the 2008 price is 15.6%, 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 25 November 2024.
Questions about 301, Marina Terrace Tower
What did unit 301 last sell for?
AED 1,050,000 on 8 July 2008, sold by the developer: AED 582 per sqft for 1,804 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 164,000 a year on the contract signed on 25 November 2024. The previous contract, from November 2024, was AED 164,000; the unit has been rented since November 2016.
How big is unit 301?
1,804 sqft (167.6 sqm): a three-bedroom apartment on the 30th floor of a 36-storey tower completed in 2006.
What is unit 301 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 301, Marina Terrace Tower
Starts from the last sale price (AED 1.05M, 8 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →