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1-bed · 1,054 sqftMarina Terrace Tower, Dubai Marina · 16th floor · completed 2006

162, Marina Terrace Tower

Sold prices and rental history: sold 5 times, last in June 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 162 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 1.1M1 June 2021
Current rentAED 100K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 162, Marina Terrace Tower

What is 162 worth today?

Last sold for AED 1,100,000 in 2021

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25 Aug 2025RentedRenewal
AED 100,000/yr6 months · AED 96 per sqft
25 Aug 2024RentedRenewal
AED 100,000/yr12 months · AED 96 per sqft
25 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
1 Aug 2022RentedRenewal
AED 88,000/yr12 months · AED 83 per sqft
1 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
1 Jun 2021SoldReady
AED 1,100,000AED 1,043 per sqft
29 Dec 2019SoldReady
AED 800,000AED 759 per sqft
19 Dec 2017SoldReady
AED 1,300,000AED 1,233 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
16th of 36
Parking
P2-90
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 22,000 /yr
Last sold
AED 1.1M · June 2021
Building
Marina Terrace Tower

About 162, Marina Terrace Tower

162 is a one-bedroom apartment of 1,054 sqft on the 16th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 1 June 2021 for AED 1,100,000, or AED 1,043 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 100,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 22,000 a year.

Sales and rents for 162 over time

Sales
Unit 162, 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, July 2008: AED 799,000 (AED 758 per sqft)Sold, March 2017: AED 1,600,000 (AED 1,518 per sqft)Sold, December 2017: AED 1,300,000 (AED 1,233 per sqft)Sold, December 2019: AED 800,000 (AED 759 per sqft)Sold, June 2021: AED 1,100,000 (AED 1,043 per sqft)

162 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 162, each contractTypical one-bed in Marina Terrace Tower
100K150K2012201620202024Typical 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, May 2017: AED 140,000 a yearNew contract, August 2021: AED 80,000 a yearRenewal, August 2022: AED 88,000 a yearNew contract, August 2023: AED 100,000 a yearRenewal, August 2024: AED 100,000 a yearRenewal, August 2025: AED 100,000 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 162 sits

All 75 1-beds →

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. 162's AED 100,000 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 16th floor

All 188 units in Marina Terrace Tower
Value
1612-bedAED 1.16M · Nov 2008
1631-bedAED 659K · Feb 2009
1642-bedAED 1.35M · Mar 2010
1651-bedAED 1.5M · Jul 2013
1661-bedAED 1.54M · Mar 2025
1673-bedAED 1.65M · May 2011

162, Marina Terrace Tower in numbers

  • Sold 5 times: first on 6 July 2008 for AED 799,000, last on 1 June 2021 for AED 1,100,000 (AED 1,043 per sqft).
  • Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2021 and recovered to AED 100,000 by August 2025.
  • At AED 100,000 a year the gross yield on the 2021 price is 9.1%, 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 25 August 2025.

Questions about 162, Marina Terrace Tower

What did unit 162 last sell for?

AED 1,100,000 on 1 June 2021: AED 1,043 per sqft for 1,054 sqft. The unit has 5 registered sales; the first was AED 799,000 in July 2008.

What is the rent for unit 162?

AED 100,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2024, was AED 100,000; the unit has been rented since May 2017.

How big is unit 162?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 16th floor of a 36-storey tower completed in 2006.

What is unit 162 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 162, Marina Terrace Tower

Starts from the last sale price (AED 1.1M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →