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3-bed · 1,939 sqftMarina Terrace Tower, Dubai Marina · 31st floor · completed 2006

312, Marina Terrace Tower

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

Unit 312 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 2.04M20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Marina Terrace Tower

What is 312 worth today?

Last sold for AED 2,039,000 in 2022

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20 Oct 2022SoldReady
AED 2,039,000AED 1,051 per sqft
24 Jun 2009Sold by developerReady
AED 1,145,000AED 590 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
3-bed apartment
Size
1,939 sqft
Floor
31st of 36
Parking
P5-218
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 40,400 /yr
Last sold
AED 2.04M · October 2022
Building
Marina Terrace Tower

About 312, Marina Terrace Tower

312 is a three-bedroom apartment of 1,939 sqft on the 31st floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 20 October 2022 for AED 2,039,000, or AED 1,051 per sqft, 14% below the AED 1,218 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 312 over time

Sales
Unit 312, 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, June 2009: AED 1,145,000 (AED 590 per sqft)Sold, October 2022: AED 2,039,000 (AED 1,051 per sqft)

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

Rents
Unit 312, 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 312 sits

All 55 3-beds →

312 last sold in October 2022 at AED 1,051 per sqft, 14% below what three-beds in Marina Terrace Tower were fetching at the time (AED 1,218). 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 31st floor

All 188 units in Marina Terrace Tower
Value
3113-bedAED 2.6M · May 2025
3132-bedAED 2.55M · Oct 2013
3143-bedAED 2.88M · May 2016
3153-bedAED 2.82M · Mar 2017

312, Marina Terrace Tower in numbers

  • Sold twice: first on 24 June 2009 for AED 1,145,000, last on 20 October 2022 for AED 2,039,000 (AED 1,051 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 20 October 2022.

Questions about 312, Marina Terrace Tower

What did unit 312 last sell for?

AED 2,039,000 on 20 October 2022: AED 1,051 per sqft for 1,939 sqft. The unit has 2 registered sales; the first was AED 1,145,000 in June 2009.

How big is unit 312?

1,939 sqft (180.1 sqm): a three-bedroom apartment on the 31st floor of a 36-storey tower completed in 2006.

What is unit 312 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 312, Marina Terrace Tower

Starts from the last sale price (AED 2.04M, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,039,000
Deposit, UAE resident (20%)
AED 407,800
Deposit, non-resident (40%)
AED 815,600
Monthly over 25 years at 3.7%
AED 8,342

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