172, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 172, Marina Terrace Tower
What is 172 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,054 sqft
- Floor
- 17th of 36
- Parking
- P2-82
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.84M · February 2014
- Building
- Marina Terrace Tower
About 172, Marina Terrace Tower
172 is a one-bedroom apartment of 1,054 sqft on the 17th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 20 February 2014 for AED 1,836,000, or AED 1,741 per sqft, 31% above the AED 1,328 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 11 February 2025, is AED 126,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 22,000 a year.
Sales and rents for 172 over time
172 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 172 sits
All 75 1-beds →172 last sold in February 2014 at AED 1,741 per sqft, 31% above what one-beds in Marina Terrace Tower were fetching at the time (AED 1,328). 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. 172's AED 126,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202516 December 2025 | 1,055 sqft | 1,610,000 | 1,526 | ||
| 3 Jul 20253 July 2025 | 943 sqft | 1,770,000 | 1,876 | ||
| 14 Mar 202514 March 2025 | 944 sqft | 1,580,000 | 1,673 | ||
| 13 Mar 202513 March 2025 | 1,054 sqft | 1,540,000 | 1,461 |
Marina Terrace Tower
Building188 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%
Other units on the 17th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 171 | 2-bed | 1,543 sqft | AED 825KAED 825,000 · Oct 2015October 2015 | 125,000 /yr | |
| 173 | 1-bed | 938 sqft | AED 1.22MAED 1,220,000 · Jun 2012June 2012 | 66,000 /yr | |
| 174 | 1,820 sqft | AED 2.85MAED 2,850,000 · Sep 2025September 2025 | 165,000 /yr | ||
| 175 | 1-bed | 943 sqft | AED 585KAED 585,000 · Sep 2008September 2008 | 92,400 /yr | |
| 176 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Apr 2013April 2013 | 125,000 /yr | |
| 177 | 3-bed | 1,640 sqft | AED 1.16MAED 1,163,750 · Jul 2012July 2012 | 163,000 /yr |
172, Marina Terrace Tower in numbers
- Sold 3 times: first on 13 August 2008 for AED 635,000, last on 20 February 2014 for AED 1,836,000 (AED 1,741 per sqft).
- Rented since October 2012 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2021 and recovered to AED 126,000 by February 2025.
- At AED 126,000 a year the gross yield on the 2014 price is 6.9%, 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 11 February 2025.
Questions about 172, Marina Terrace Tower
What did unit 172 last sell for?
AED 1,836,000 on 20 February 2014: AED 1,741 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 635,000 in August 2008.
What is the rent for unit 172?
AED 126,000 a year on the contract signed on 11 February 2025. The previous contract, from February 2024, was AED 126,000; the unit has been rented since October 2012.
How big is unit 172?
1,054 sqft (97.9 sqm): a one-bedroom apartment on the 17th floor of a 36-storey tower completed in 2006.
What is unit 172 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 172, Marina Terrace Tower
Starts from the last sale price (AED 1.84M, 20 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,836,000
- Deposit, UAE resident (20%)
- AED 367,200
- Deposit, non-resident (40%)
- AED 734,400
- Monthly over 25 years at 3.7%
- AED 7,512
Plus AED 82,122 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →