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1-bed · 938 sqftMarina Terrace Tower, Dubai Marina · 10th floor · completed 2006

103, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in March 2023, and rented once, from August 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 1.75M28 March 2023
Current rentAED 105K /yr14 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Marina Terrace Tower

What is 103 worth today?

Last sold for AED 1,750,000 in 2023

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28 Mar 2023SoldReady
AED 1,750,000AED 1,865 per sqft
4 Sep 2018SoldReady
AED 1,225,000AED 1,306 per sqft
14 Aug 2014RentedNew contract
AED 105,000/yr12 months · AED 112 per sqft
23 Feb 2009Sold by developerReady
AED 915,000AED 975 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2023.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
10th of 36
Parking
P1-30
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 19,500 /yr
Last sold
AED 1.75M · March 2023
Building
Marina Terrace Tower

About 103, Marina Terrace Tower

103 is a one-bedroom apartment of 938 sqft on the 10th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 28 March 2023 for AED 1,750,000, or AED 1,865 per sqft, 23% above the AED 1,518 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 August 2014. The current contract, signed on 14 August 2014, is AED 105,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 19,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Marina Terrace Tower
1M2008201320182023Typical sale price by year: 2008 AED 725,000; 2009 AED 762,250; 2010 AED 610,000; 2011 AED 950,000; 2012 AED 892,500; 2013 AED 1,400,000; 2014 AED 1,775,000; 2015 AED 1,500,000; 2016 AED 1,425,000; 2017 AED 1,470,000; 2018 AED 1,350,000; 2019 AED 1,105,000; 2022 AED 1,375,000; 2023 AED 1,650,000; 2024 AED 1,735,000; 2025 AED 1,595,000Sold by developer, February 2009: AED 915,000 (AED 975 per sqft)Sold, September 2018: AED 1,225,000 (AED 1,306 per sqft)Sold, March 2023: AED 1,750,000 (AED 1,865 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Marina Terrace Tower
80K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 90,500; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 77,000; 2023 AED 91,000; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 105,000New contract, August 2014: AED 105,000 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 103 sits

All 75 1-beds →

103 last sold in March 2023 at AED 1,865 per sqft, 23% above what one-beds in Marina Terrace Tower were fetching at the time (AED 1,518). Over the last 12 months one-beds sold for AED 1,610,000 to 1,740,000, around AED 1,691 per sqft, and rent for AED 90,000 to 160,000 a year. 103's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 20251,610,000
3 Jul 20251,770,000
14 Mar 20251,580,000
13 Mar 20251,540,000
2 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,642
Typical sale
AED 2.84M
Typical rent
AED 140K /yr
Typical yield
6.3%
Marina Terrace Tower, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 188 units in Marina Terrace Tower
Value
1012-bedAED 1.7M · Dec 2012
1021-bedAED 1.72M · Jan 2023
1042-bedAED 964K · Sep 2008
1051-bedAED 915K · Mar 2012
1061-bedAED 503K · Dec 2012
1073-bedAED 1.5M · Jun 2011

103, Marina Terrace Tower in numbers

  • Sold 3 times: first on 23 February 2009 for AED 915,000, last on 28 March 2023 for AED 1,750,000 (AED 1,865 per sqft).
  • Rented since August 2014 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 19,500 a year (AED 20.83 per sqft).
  • One-beds in Marina Terrace Tower sold for AED 1,610,000–1,740,000 in the 12 months to November 2026; the building's median across all types is AED 1,642 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2023.

Questions about 103, Marina Terrace Tower

What did unit 103 last sell for?

AED 1,750,000 on 28 March 2023: AED 1,865 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 915,000 in February 2009.

What is the rent for unit 103?

AED 105,000 a year on the contract signed on 14 August 2014.

How big is unit 103?

938 sqft (87.1 sqm): a one-bedroom apartment on the 10th floor of a 36-storey tower completed in 2006.

What is unit 103 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 1,740,000 in the last 12 months, around AED 1,691 per sqft.

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Mortgage on 103, Marina Terrace Tower

Starts from the last sale price (AED 1.75M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →