74, Marina Terrace Tower
Sold prices and rental history: sold twice, last in May 2011, 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 74, Marina Terrace Tower
What is 74 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,817 sqft
- Floor
- 7th of 36
- Parking
- P2-62, P2-63,P2-70,P2-71
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 37,800 /yr
- Last sold
- AED 2.25M · May 2011
- Building
- Marina Terrace Tower
About 74, Marina Terrace Tower
74 is a two-bedroom apartment of 1,817 sqft on the 7th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 12 May 2011 for AED 2,250,000, or AED 1,238 per sqft, 62% above the AED 763 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 114,605 a year: a gross yield of 5.1% on the 2011 price, before the service charge of about AED 37,800 a year.
Sales and rents for 74 over time
74 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 74 sits
All 50 2-beds →74 last sold in May 2011 at AED 1,238 per sqft, 62% above what two-beds in Marina Terrace Tower were fetching at the time (AED 763). 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. 74's AED 114,605 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 7th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 71 | 2-bed | 1,543 sqft | AED 1.73MAED 1,725,000 · Jan 2013January 2013 | 130,362 /yr | |
| 72 | 1-bed | 1,054 sqft | AED 1.18MAED 1,175,000 · Apr 2022April 2022 | 115,000 /yr | |
| 73 | 1-bed | 938 sqft | AED 1.03MAED 1,030,000 · Jul 2011July 2011 | 82,000 /yr | |
| 75 | 1-bed | 944 sqft | AED 1.45MAED 1,450,000 · May 2016May 2016 | 80,000 /yr | |
| 76 | 1-bed | 1,055 sqft | AED 930KAED 930,000 · Jun 2011June 2011 | 90,000 /yr | |
| 77 | 3-bed | 1,645 sqft | AED 2MAED 2,000,000 · Apr 2015April 2015 | 185,000 /yr |
74, Marina Terrace Tower in numbers
- Sold twice: first on 10 August 2008 for AED 1,550,000, last on 12 May 2011 for AED 2,250,000 (AED 1,238 per sqft).
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 114,605 by July 2024.
- At AED 114,605 a year the gross yield on the 2011 price is 5.1%, before a service charge of about AED 37,800 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 15 July 2024.
Questions about 74, Marina Terrace Tower
What did unit 74 last sell for?
AED 2,250,000 on 12 May 2011: AED 1,238 per sqft for 1,817 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in August 2008.
What is the rent for unit 74?
AED 114,605 a year on the contract renewed on 15 July 2024. The previous contract, from July 2024, was AED 114,605; the unit has been rented since May 2013.
How big is unit 74?
1,817 sqft (168.8 sqm): a two-bedroom apartment on the 7th floor of a 36-storey tower completed in 2006.
What is unit 74 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 74, Marina Terrace Tower
Starts from the last sale price (AED 2.25M, 12 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →