2-bed · 1,817 sqftMarina Terrace Tower, Dubai Marina · 8th floor · completed 2006

84, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 84 · DLD and Ejari recordsUpdated 3 May 2023
Last soldAED 2.5M3 May 2023
Current rentAED 117K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 84, Marina Terrace Tower

What is 84 worth today?

Last sold for AED 2,500,000 in 2023

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3 May 2023SoldReady
AED 2,500,000AED 1,375 per sqft
1 Aug 2021RentedRenewal
AED 117,000/yr12 months · AED 65 per sqft
1 Aug 2020RentedRenewal
AED 117,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedNew contract
AED 122,500/yr12 months · AED 67 per sqft
18 Jun 2019RentedNew contract
AED 125,000/yr12 months · AED 69 per sqft
21 Apr 2018RentedNew contract
AED 150,000/yr12 months · AED 82 per sqft
22 Dec 2013SoldReady
AED 2,650,000AED 1,458 per sqft
22 Sep 2008Sold by developerReady
AED 1,155,000AED 635 per sqft

Source: Dubai Land Department. Updated 3 May 2023.

Key facts

Type
2-bed apartment
Size
1,817 sqft
Floor
8th of 36
Parking
P1-47
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 37,800 /yr
Last sold
AED 2.5M · May 2023

About 84, Marina Terrace Tower

84 is a two-bedroom apartment of 1,817 sqft on the 8th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 3 May 2023 for AED 2,500,000, or AED 1,375 per sqft, 16% above the AED 1,181 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 117,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 37,800 a year.

Sales and rents for 84 over time

Sales
Unit 84, each saleTypical two-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2009 AED 1,390,000; 2010 AED 1,156,000; 2011 AED 1,535,000; 2012 AED 1,800,000; 2013 AED 1,800,000; 2015 AED 2,000,000; 2021 AED 1,380,000; 2022 AED 1,579,408; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,850,000; 2026 AED 2,990,000Sold by developer, September 2008: AED 1,155,000 (AED 635 per sqft)Sold, December 2013: AED 2,650,000 (AED 1,458 per sqft)Sold, May 2023: AED 2,500,000 (AED 1,375 per sqft)

84 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 84, each contractTypical two-bed in Marina Terrace Tower
100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 145,000; 2015 AED 153,000; 2016 AED 149,584; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 110,650; 2023 AED 140,000; 2024 AED 155,000; 2025 AED 157,500; 2026 AED 141,000New contract, April 2018: AED 150,000 a yearNew contract, June 2019: AED 125,000 a yearNew contract, August 2019: AED 122,500 a yearRenewal, August 2020: AED 117,000 a yearRenewal, August 2021: AED 117,000 a year

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 84 sits

All 50 2-beds →

84 last sold in May 2023 at AED 1,375 per sqft, 16% above what two-beds in Marina Terrace Tower were fetching at the time (AED 1,181). 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. 84's AED 117,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 20262,900,000
15 Oct 20263,300,000
19 Jan 20262,990,000
26 Dec 20252,840,000
4 2-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 8th floor

All 188 units in Marina Terrace Tower
Value
812-bedAED 1.65M · Apr 2013
821-bedAED 849K · Sep 2010
831-bedAED 1.03M · Oct 2011
851-bedAED 1.65M · Jul 2024
861-bedAED 1.17M · Feb 2013
873-bedAED 1.23M · Jul 2008

84, Marina Terrace Tower in numbers

  • Sold 3 times: first on 22 September 2008 for AED 1,155,000, last on 3 May 2023 for AED 2,500,000 (AED 1,375 per sqft).
  • Rented since April 2018 on 5 Ejari contracts, from AED 150,000 to AED 117,000 a year.
  • At AED 117,000 a year the gross yield on the 2023 price is 4.7%, 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 3 May 2023.

Questions about 84, Marina Terrace Tower

What did unit 84 last sell for?

AED 2,500,000 on 3 May 2023: AED 1,375 per sqft for 1,817 sqft. The unit has 3 registered sales; the first was AED 1,155,000 in September 2008.

What is the rent for unit 84?

AED 117,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 117,000; the unit has been rented since April 2018.

How big is unit 84?

1,817 sqft (168.8 sqm): a two-bedroom apartment on the 8th floor of a 36-storey tower completed in 2006.

What is unit 84 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 84, Marina Terrace Tower

Starts from the last sale price (AED 2.5M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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