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2-bed · 1,830 sqftMarina Terrace Tower, Dubai Marina · 31st floor · completed 2006

313, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in October 2013, and rented once, from May 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 20 October 2013
Last soldAED 2.55M20 October 2013
Current rentAED 160K /yr6 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, Marina Terrace Tower

What is 313 worth today?

Last sold for AED 2,550,000 in 2013

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20 Oct 2013SoldReady
AED 2,550,000AED 1,393 per sqft
6 May 2013RentedNew contract
AED 160,000/yr12 months · AED 87 per sqft
27 Nov 2012SoldReady
AED 2,020,000AED 1,103 per sqft
8 Jul 2008Sold by developerReady
AED 1,419,000AED 775 per sqft

Source: Dubai Land Department. Updated 20 October 2013.

Key facts

Type
2-bed apartment
Size
1,830 sqft
Floor
31st of 36
Parking
P4-150, P4-160
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 38,100 /yr
Last sold
AED 2.55M · October 2013
Building
Marina Terrace Tower

About 313, Marina Terrace Tower

313 is a two-bedroom apartment of 1,830 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 2013 for AED 2,550,000, or AED 1,393 per sqft, 26% above the AED 1,103 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 May 2013. The current contract, signed on 6 May 2013, is AED 160,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 38,100 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical two-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2009 AED 1,390,000; 2010 AED 1,156,000; 2011 AED 1,535,000; 2012 AED 1,800,000; 2013 AED 1,800,000; 2015 AED 2,000,000; 2021 AED 1,380,000; 2022 AED 1,579,408; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,850,000; 2026 AED 2,990,000Sold by developer, July 2008: AED 1,419,000 (AED 775 per sqft)Sold, November 2012: AED 2,020,000 (AED 1,103 per sqft)Sold, October 2013: AED 2,550,000 (AED 1,393 per sqft)

313 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 313, each contractTypical two-bed in Marina Terrace Tower
100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 145,000; 2015 AED 153,000; 2016 AED 149,584; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 110,650; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 157,500; 2026 AED 141,000New contract, May 2013: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Terrace Tower, and where 313 sits

All 50 2-beds →

313 last sold in October 2013 at AED 1,393 per sqft, 26% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,103). Over the last 12 months two-beds sold for AED 2,840,000 to 3,300,000, around AED 1,613 per sqft, and rent for AED 115,920 to 190,000 a year. 313's AED 160,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,900,000
15 Oct 20263,300,000
19 Jan 20262,990,000
26 Dec 20252,840,000
4 2-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
3123-bedAED 2.04M · Oct 2022
3143-bedAED 2.88M · May 2016
3153-bedAED 2.82M · Mar 2017

313, Marina Terrace Tower in numbers

  • Sold 3 times: first on 8 July 2008 for AED 1,419,000, last on 20 October 2013 for AED 2,550,000 (AED 1,393 per sqft).
  • Rented since May 2013 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 38,100 a year (AED 20.83 per sqft).
  • Two-beds in Marina Terrace Tower sold for AED 2,840,000–3,300,000 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 2013.

Questions about 313, Marina Terrace Tower

What did unit 313 last sell for?

AED 2,550,000 on 20 October 2013: AED 1,393 per sqft for 1,830 sqft. The unit has 3 registered sales; the first was AED 1,419,000 in July 2008.

What is the rent for unit 313?

AED 160,000 a year on the contract signed on 6 May 2013.

How big is unit 313?

1,830 sqft (170.0 sqm): a two-bedroom apartment on the 31st floor of a 36-storey tower completed in 2006.

What is unit 313 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Terrace Tower sold for AED 2,840,000 to 3,300,000 in the last 12 months, around AED 1,613 per sqft.

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Mortgage on 313, Marina Terrace Tower

Starts from the last sale price (AED 2.55M, 20 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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