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3-bed · 1,939 sqftMarina Terrace Tower, Dubai Marina · 34th floor · completed 2006

341B, Marina Terrace Tower

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 341B · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.6M11 February 2021
Current rentAED 184K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 341B, Marina Terrace Tower

What is 341B worth today?

Last sold for AED 1,600,000 in 2021

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15 Oct 2024RentedRenewal
AED 183,750/yr12 months · AED 95 per sqft
15 Oct 2024RentedRenewal
AED 183,750/yr12 months · AED 95 per sqft
15 Oct 2023RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft
8 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 77 per sqft
11 Feb 2021SoldReady
AED 1,600,000AED 825 per sqft
1 Apr 2017RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft
1 Sep 2014RentedNew contract
AED 187,500/yr12 months · AED 97 per sqft
1 Sep 2013RentedNew contract
AED 168,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
3-bed apartment
Size
1,939 sqft
Floor
34th of 36
Parking
P5-197, P5-201
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 40,400 /yr
Last sold
AED 1.6M · February 2021
Building
Marina Terrace Tower

About 341B, Marina Terrace Tower

341B is a three-bedroom apartment of 1,939 sqft on the 34th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 11 February 2021 for AED 1,600,000, or AED 825 per sqft, in line with the AED 825 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 183,750 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 40,400 a year.

Sales and rents for 341B over time

Sales
Unit 341B, 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, July 2008: AED 1,993,600 (AED 1,028 per sqft)Sold, February 2021: AED 1,600,000 (AED 825 per sqft)

341B has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 341B, each contractTypical three-bed in Marina Terrace Tower
100K150K200K2012201620202024Typical 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, September 2013: AED 168,000 a yearNew contract, September 2014: AED 187,500 a yearNew contract, April 2017: AED 175,000 a yearNew contract, October 2022: AED 150,000 a yearNew contract, October 2023: AED 175,000 a yearRenewal, October 2024: AED 183,750 a yearRenewal, October 2024: AED 183,750 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 341B sits

All 55 3-beds →

341B last sold in February 2021 at AED 825 per sqft, in line with what three-beds in Marina Terrace Tower were fetching at the time (AED 825). 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. 341B's AED 183,750 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 34th floor

All 188 units in Marina Terrace Tower
Value
3422-bedAED 1.8M · Jul 2013
3434-bedAED 2.75M · Jun 2021
341A3-bedAED 2.16M · Aug 2009

341B, Marina Terrace Tower in numbers

  • Sold twice: first on 8 July 2008 for AED 1,993,600, last on 11 February 2021 for AED 1,600,000 (AED 825 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 168,000 to AED 150,000 in 2022 and recovered to AED 183,750 by October 2024.
  • At AED 183,750 a year the gross yield on the 2021 price is 11.5%, 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 15 October 2024.

Questions about 341B, Marina Terrace Tower

What did unit 341B last sell for?

AED 1,600,000 on 11 February 2021: AED 825 per sqft for 1,939 sqft. The unit has 2 registered sales; the first was AED 1,993,600 in July 2008.

What is the rent for unit 341B?

AED 183,750 a year on the contract renewed on 15 October 2024. The previous contract, from October 2024, was AED 183,750; the unit has been rented since September 2013.

How big is unit 341B?

1,939 sqft (180.1 sqm): a three-bedroom apartment on the 34th floor of a 36-storey tower completed in 2006.

What is unit 341B 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 341B, Marina Terrace Tower

Starts from the last sale price (AED 1.6M, 11 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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