3-bed · 1,939 sqftMarina Terrace Tower, Dubai Marina · 33rd floor · completed 2006

332, Marina Terrace Tower

Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 332 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 2.73M19 March 2024
Current rentAED 154K /yr3 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 332, Marina Terrace Tower

What is 332 worth today?

Last sold for AED 2,725,000 in 2024

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19 Mar 2024SoldReady
AED 2,725,000AED 1,405 per sqft
3 Feb 2023RentedRenewal
AED 154,000/yr12 months · AED 79 per sqft
3 Feb 2022RentedRenewal
AED 140,000/yr12 months · AED 72 per sqft
3 Feb 2021RentedNew contract
AED 130,000/yr12 months · AED 67 per sqft
12 Nov 2014SoldReady
AED 2,800,000AED 1,444 per sqft
28 Jun 2010SoldReady
AED 1,550,000AED 799 per sqft
22 Sep 2008Sold by developerReady
AED 1,245,000AED 642 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
3-bed apartment
Size
1,939 sqft
Floor
33rd of 36
Parking
P5-210
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 40,400 /yr
Last sold
AED 2.73M · March 2024

About 332, Marina Terrace Tower

332 is a three-bedroom apartment of 1,939 sqft on the 33rd floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 19 March 2024 for AED 2,725,000, or AED 1,405 per sqft, 6% above the AED 1,320 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 3 February 2023, is AED 154,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 40,400 a year.

Sales and rents for 332 over time

Sales
Unit 332, 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, September 2008: AED 1,245,000 (AED 642 per sqft)Sold, June 2010: AED 1,550,000 (AED 799 per sqft)Sold, November 2014: AED 2,800,000 (AED 1,444 per sqft)Sold, March 2024: AED 2,725,000 (AED 1,405 per sqft)

332 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 332, 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, February 2021: AED 130,000 a yearRenewal, February 2022: AED 140,000 a yearRenewal, February 2023: AED 154,000 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 332 sits

All 55 3-beds →

332 last sold in March 2024 at AED 1,405 per sqft, 6% above what three-beds in Marina Terrace Tower were fetching at the time (AED 1,320). 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. 332's AED 154,000 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 33rd floor

All 188 units in Marina Terrace Tower
Value
3313-bedAED 3M · Nov 2015
3332-bedAED 1.32M · Jul 2008
3343-bedAED 1.21M · Jul 2008
3353-bedAED 2.18M · Jul 2018

332, Marina Terrace Tower in numbers

  • Sold 4 times: first on 22 September 2008 for AED 1,245,000, last on 19 March 2024 for AED 2,725,000 (AED 1,405 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 130,000 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 40,400 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 19 March 2024.

Questions about 332, Marina Terrace Tower

What did unit 332 last sell for?

AED 2,725,000 on 19 March 2024: AED 1,405 per sqft for 1,939 sqft. The unit has 4 registered sales; the first was AED 1,245,000 in September 2008.

What is the rent for unit 332?

AED 154,000 a year on the contract renewed on 3 February 2023. The previous contract, from February 2022, was AED 140,000; the unit has been rented since February 2021.

How big is unit 332?

1,939 sqft (180.1 sqm): a three-bedroom apartment on the 33rd floor of a 36-storey tower completed in 2006.

What is unit 332 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 332, Marina Terrace Tower

Starts from the last sale price (AED 2.73M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,725,000
Deposit, UAE resident (20%)
AED 545,000
Deposit, non-resident (40%)
AED 1,090,000
Monthly over 25 years at 3.7%
AED 11,149

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