1-bed · 944 sqftMarina Terrace Tower, Dubai Marina · 8th floor · completed 2006

85, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 85 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 1.65M2 July 2024
Current rentAED 60K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 85, Marina Terrace Tower

What is 85 worth today?

Last sold for AED 1,650,000 in 2024

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2 Jul 2024SoldReady
AED 1,650,000AED 1,747 per sqft
15 Jul 2022RentedRenewal
AED 59,800/yr12 months · AED 63 per sqft
15 Sep 2021RentedRenewal
AED 62,400/yr10 months · AED 66 per sqft
15 Sep 2020RentedNew contract
AED 58,000/yr12 months · AED 61 per sqft
20 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
13 Oct 2013RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
21 Aug 2013SoldReady
AED 1,430,000AED 1,514 per sqft
22 Sep 2008Sold by developerReady
AED 659,000AED 698 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
8th of 36
Parking
P1-45
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 19,700 /yr
Last sold
AED 1.65M · July 2024

About 85, Marina Terrace Tower

85 is a one-bedroom apartment of 944 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 2 July 2024 for AED 1,650,000, or AED 1,747 per sqft, 4% above the AED 1,674 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 59,800 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 85 over time

Sales
Unit 85, each saleTypical one-bed in Marina Terrace Tower
1M2008201320182023Typical sale price by year: 2008 AED 660,000; 2009 AED 700,000; 2010 AED 616,500; 2011 AED 930,000; 2012 AED 810,000; 2013 AED 1,400,000; 2014 AED 1,750,000; 2015 AED 1,500,000; 2016 AED 1,450,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,462,500; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,712,500Sold by developer, September 2008: AED 659,000 (AED 698 per sqft)Sold, August 2013: AED 1,430,000 (AED 1,514 per sqft)Sold, July 2024: AED 1,650,000 (AED 1,747 per sqft)

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

Rents
Unit 85, each contractTypical one-bed in Marina Terrace Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 92,750; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 96,592New contract, October 2013: AED 85,000 a yearNew contract, March 2019: AED 90,000 a yearNew contract, September 2020: AED 58,000 a yearRenewal, September 2021: AED 62,400 a yearRenewal, July 2022: AED 59,800 a year

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 85 sits

All 80 1-beds →

85 last sold in July 2024 at AED 1,747 per sqft, 4% above what one-beds in Marina Terrace Tower were fetching at the time (AED 1,674). 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. 85's AED 59,800 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Apr 20261,800,000
16 Dec 20251,610,000
3 Dec 20251,740,000
12 Nov 20251,685,000
5 1-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
842-bedAED 2.5M · May 2023
861-bedAED 1.17M · Feb 2013
873-bedAED 1.23M · Jul 2008

85, Marina Terrace Tower in numbers

  • Sold 3 times: first on 22 September 2008 for AED 659,000, last on 2 July 2024 for AED 1,650,000 (AED 1,747 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 85,000 to AED 59,800 a year.
  • At AED 59,800 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 19,700 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 2 July 2024.

Questions about 85, Marina Terrace Tower

What did unit 85 last sell for?

AED 1,650,000 on 2 July 2024: AED 1,747 per sqft for 944 sqft. The unit has 3 registered sales; the first was AED 659,000 in September 2008.

What is the rent for unit 85?

AED 59,800 a year on the contract renewed on 15 July 2022. The previous contract, from September 2021, was AED 62,400; the unit has been rented since October 2013.

How big is unit 85?

944 sqft (87.7 sqm): a one-bedroom apartment on the 8th floor of a 36-storey tower completed in 2006.

What is unit 85 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.

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Mortgage on 85, Marina Terrace Tower

Starts from the last sale price (AED 1.65M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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