51, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in November 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 51, Marina Terrace Tower
What is 51 worth today?
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Source: Dubai Land Department. Updated 22 November 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 5th of 36
- Parking
- P1-19
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 2M · November 2015
- Building
- Marina Terrace Tower
About 51, Marina Terrace Tower
51 is a two-bedroom apartment of 1,543 sqft on the 5th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 22 November 2015 for AED 2,000,000, or AED 1,296 per sqft, in line with the AED 1,296 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 23 March 2015, is AED 140,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 32,100 a year.
Sales and rents for 51 over time
51 has sold 3 times; 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 51 sits
All 50 2-beds →51 last sold in November 2015 at AED 1,296 per sqft, in line with what two-beds in Marina Terrace Tower were fetching at the time (AED 1,296). 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. 51's AED 140,000 is in the lower half 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 5th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 52 | 1-bed | 1,054 sqft | AED 1.74MAED 1,735,000 · Jul 2024July 2024 | 110,000 /yr | |
| 53 | 1-bed | 938 sqft | AED 1.4MAED 1,400,000 · Jul 2016July 2016 | 120,000 /yr | |
| 54 | 2-bed | 1,817 sqft | AED 1.03MAED 1,025,000 · Mar 2009March 2009 | 130,000 /yr | |
| 55 | 1-bed | 944 sqft | AED 1.2MAED 1,200,000 · Jul 2009July 2009 | ||
| 56 | 1-bed | 1,055 sqft | AED 1.61MAED 1,610,000 · Dec 2025December 2025 | 78,000 /yr | |
| 57 | 3-bed | 1,645 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 198,000 /yr |
51, Marina Terrace Tower in numbers
- Sold 3 times: first on 24 June 2010 for AED 1,156,000, last on 22 November 2015 for AED 2,000,000 (AED 1,296 per sqft).
- Rented since March 2013 on 2 Ejari contracts, from AED 105,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 32,100 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 22 November 2015.
Questions about 51, Marina Terrace Tower
What did unit 51 last sell for?
AED 2,000,000 on 22 November 2015: AED 1,296 per sqft for 1,543 sqft. The unit has 3 registered sales; the first was AED 1,156,000 in June 2010.
What is the rent for unit 51?
AED 140,000 a year on the contract signed on 23 March 2015. The previous contract, from March 2013, was AED 105,000.
How big is unit 51?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2006.
What is unit 51 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 51, Marina Terrace Tower
Starts from the last sale price (AED 2M, 22 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →