323, Marina Terrace Tower
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 323, Marina Terrace Tower
What is 323 worth today?
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Source: Dubai Land Department. Updated 25 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,830 sqft
- Floor
- 32nd of 36
- Parking
- P5-214
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 38,100 /yr
- Last sold
- AED 2.5M · July 2024
- Building
- Marina Terrace Tower
About 323, Marina Terrace Tower
323 is a two-bedroom apartment of 1,830 sqft on the 32nd floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 25 July 2024 for AED 2,500,000, or AED 1,366 per sqft, 6% below the AED 1,454 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 September 2020, is AED 82,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 38,100 a year.
Sales and rents for 323 over time
323 has sold twice; the dashed line is the two-bed median of each year in the building.
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 323 sits
All 50 2-beds →323 last sold in July 2024 at AED 1,366 per sqft, 6% below what two-beds in Marina Terrace Tower were fetching at the time (AED 1,454). 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. 323's AED 82,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 1,830 sqft | 2,900,000 | 1,584 | ||
| 15 Oct 202615 October 2026 | 1,830 sqft | 3,300,000 | 1,803 | ||
| 19 Jan 202619 January 2026 | 1,820 sqft | 2,990,000 | 1,642 | ||
| 26 Dec 202526 December 2025 | 1,830 sqft | 2,840,000 | 1,551 |
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 32nd floor
All 188 units in Marina Terrace Tower323, Marina Terrace Tower in numbers
- Sold twice: first on 27 August 2012 for AED 1,200,000, last on 25 July 2024 for AED 2,500,000 (AED 1,366 per sqft).
- Rented since November 2013 on 5 Ejari contracts, from AED 128,189 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2024 price is 3.3%, 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 25 July 2024.
Questions about 323, Marina Terrace Tower
What did unit 323 last sell for?
AED 2,500,000 on 25 July 2024: AED 1,366 per sqft for 1,830 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in August 2012.
What is the rent for unit 323?
AED 82,000 a year on the contract signed on 1 September 2020. The previous contract, from February 2019, was AED 120,000; the unit has been rented since November 2013.
How big is unit 323?
1,830 sqft (170.0 sqm): a two-bedroom apartment on the 32nd floor of a 36-storey tower completed in 2006.
What is unit 323 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 323, Marina Terrace Tower
Starts from the last sale price (AED 2.5M, 25 July 2024). 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 →