62, Marina Terrace Tower
Sold prices and rental history: sold twice, last in August 2023, 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 62, Marina Terrace Tower
What is 62 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 6th of 36
- Parking
- P1-58
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.37M · August 2023
- Building
- Marina Terrace Tower
About 62, Marina Terrace Tower
62 is a one-bedroom apartment of 1,054 sqft on the 6th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 15 August 2023 for AED 1,370,000, or AED 1,299 per sqft, 19% below the AED 1,598 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 March 2026, is AED 50,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 22,000 a year.
Sales and rents for 62 over time
62 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Terrace Tower, and where 62 sits
All 80 1-beds →62 last sold in August 2023 at AED 1,299 per sqft, 19% below what one-beds in Marina Terrace Tower were fetching at the time (AED 1,598). Over the last 12 months one-beds sold for AED 1,610,000 to 1,800,000, around AED 1,786 per sqft, and rent for AED 50,000 to 160,000 a year. 62's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202615 April 2026 | 1,054 sqft | 1,800,000 | 1,707 | ||
| 16 Dec 202516 December 2025 | 1,055 sqft | 1,610,000 | 1,526 | ||
| 3 Dec 20253 December 2025 | 938 sqft | 1,740,000 | 1,855 | ||
| 12 Nov 202512 November 2025 | 943 sqft | 1,685,000 | 1,786 |
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 6th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 61 | 2-bed | 1,543 sqft | AED 2MAED 2,000,000 · Mar 2015March 2015 | 149,584 /yr | |
| 63 | 1-bed | 938 sqft | AED 790KAED 790,000 · Sep 2008September 2008 | 100,000 /yr | |
| 64 | 2-bed | 1,817 sqft | AED 1.4MAED 1,400,000 · Oct 2013October 2013 | 170,000 /yr | |
| 65 | 1-bed | 944 sqft | AED 1.5MAED 1,500,000 · Sep 2015September 2015 | 95,000 /yr | |
| 66 | 1-bed | 1,055 sqft | AED 1.24MAED 1,243,000 · Aug 2008August 2008 | 80,000 /yr | |
| 67 | 3-bed | 1,645 sqft | AED 1.32MAED 1,320,073 · Aug 2014August 2014 |
62, Marina Terrace Tower in numbers
- Sold twice: first on 8 July 2008 for AED 799,000, last on 15 August 2023 for AED 1,370,000 (AED 1,299 per sqft).
- Rented since December 2013 on 12 Ejari contracts, from AED 100,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 22,000 a year (AED 20.83 per sqft).
- One-beds in Marina Terrace Tower sold for AED 1,610,000–1,800,000 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 10 March 2026.
Questions about 62, Marina Terrace Tower
What did unit 62 last sell for?
AED 1,370,000 on 15 August 2023: AED 1,299 per sqft for 1,054 sqft. The unit has 2 registered sales; the first was AED 799,000 in July 2008.
What is the rent for unit 62?
AED 50,000 a year on the contract signed on 10 March 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since December 2013.
How big is unit 62?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 6th floor of a 36-storey tower completed in 2006.
What is unit 62 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Terrace Tower sold for AED 1,610,000 to 1,800,000 in the last 12 months, around AED 1,786 per sqft.
Selling 62? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 62, Marina Terrace Tower
Starts from the last sale price (AED 1.37M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →