1-bed · 1,054 sqftMarina Terrace Tower, Dubai Marina · 15th floor · completed 2006

156, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 156 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 478K16 November 2008
Current rentAED 101K /yr8 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 156, Marina Terrace Tower

What is 156 worth today?

Last sold for AED 478,417 in 2008

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8 Sep 2025RentedRenewal
AED 101,212/yr5 months · AED 96 per sqft
8 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 81 per sqft
8 Sep 2022RentedRenewal
AED 72,760/yr12 months · AED 69 per sqft
8 Sep 2021RentedRenewal
AED 68,000/yr12 months · AED 64 per sqft
8 Sep 2020RentedNew contract
AED 68,000/yr12 months · AED 64 per sqft
24 Mar 2019RentedNew contract
AED 92,000/yr12 months · AED 87 per sqft
18 Jan 2018RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
28 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 109 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2025.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
15th of 36
Parking
P2-93
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 22,000 /yr
Last sold
AED 478K · November 2008

About 156, Marina Terrace Tower

156 is a one-bedroom apartment of 1,054 sqft on the 15th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 16 November 2008 for AED 478,417, or AED 453 per sqft, 40% below the AED 757 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 8 September 2025, is AED 101,212 a year: a gross yield of 21.2% on the 2008 price, before the service charge of about AED 22,000 a year.

Sales and rents for 156 over time

Sales
Unit 156, each saleTypical one-bed in Marina Terrace Tower
1M2M2008201320182023Typical 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, November 2008: AED 478,417 (AED 453 per sqft)

156 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 156, each contractTypical one-bed in Marina Terrace Tower
50K100K20112015201920232027Typical 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, December 2011: AED 29,984 a yearNew contract, October 2016: AED 115,000 a yearNew contract, January 2018: AED 100,000 a yearNew contract, March 2019: AED 92,000 a yearNew contract, September 2020: AED 68,000 a yearRenewal, September 2021: AED 68,000 a yearRenewal, September 2022: AED 72,760 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2025: AED 101,212 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 156 sits

All 75 1-beds →

156 last sold in November 2008 at AED 453 per sqft, 40% below what one-beds in Marina Terrace Tower were fetching at the time (AED 757). 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. 156's AED 101,212 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 15th floor

All 188 units in Marina Terrace Tower
Value
1512-bedAED 1.38M · Jun 2021
1521-bedAED 1.4M · Mar 2017
1531-bedAED 1.13M · Nov 2012
1542-bedAED 2.99M · Jan 2026
1551-bedAED 1.06M · Mar 2019
1573-bedAED 2.2M · Apr 2024

156, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 16 November 2008 for AED 478,417, or AED 453 per sqft.
  • Rented since December 2011 on 9 Ejari contracts, from AED 29,984 to AED 101,212 a year.
  • At AED 101,212 a year the gross yield on the 2008 price is 21.2%, 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 1,610,000–1,740,000 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 8 September 2025.

Questions about 156, Marina Terrace Tower

What did unit 156 last sell for?

AED 478,417 on 16 November 2008, sold by the developer: AED 453 per sqft for 1,054 sqft. It is the only registered sale of the unit.

What is the rent for unit 156?

AED 101,212 a year on the contract renewed on 8 September 2025. The previous contract, from September 2023, was AED 85,000; the unit has been rented since December 2011.

How big is unit 156?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 15th floor of a 36-storey tower completed in 2006.

What is unit 156 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 156, Marina Terrace Tower

Starts from the last sale price (AED 478K, 16 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 478,417
Deposit, UAE resident (20%)
AED 95,683
Deposit, non-resident (40%)
AED 191,367
Monthly over 25 years at 3.7%
AED 1,957

Plus AED 23,004 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →