196, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 196, Marina Terrace Tower
What is 196 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2025.
Key facts
- Type
- Apartment
- Size
- 1,054 sqft
- Floor
- 19th of 36
- Parking
- P3-137
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 22,000 /yr
- Last sold
- AED 700K · April 2012
- Building
- Marina Terrace Tower
About 196, Marina Terrace Tower
196 is an apartment of 1,054 sqft on the 19th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 19 April 2012 for AED 700,000, or AED 664 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 9 May 2025, is AED 105,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 22,000 a year.
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 19th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 191 | 2-bed | 1,543 sqft | AED 1.93MAED 1,930,000 · May 2023May 2023 | 160,000 /yr | |
| 192 | 1-bed | 1,054 sqft | AED 1.49MAED 1,490,000 · Mar 2018March 2018 | 90,000 /yr | |
| 193 | 1-bed | 938 sqft | AED 1.88MAED 1,875,000 · Mar 2024March 2024 | 120,000 /yr | |
| 194 | 2-bed | 1,820 sqft | AED 2.7MAED 2,700,000 · Apr 2025April 2025 | 185,000 /yr | |
| 195 | 1-bed | 943 sqft | AED 610KAED 610,000 · Jul 2008July 2008 | ||
| 197 | 3-bed | 1,640 sqft | AED 1.65MAED 1,650,000 · Jun 2012June 2012 | 160,000 /yr |
196, Marina Terrace Tower in numbers
- Sold 3 times: first on 10 August 2008 for AED 660,000, last on 19 April 2012 for AED 700,000 (AED 664 per sqft).
- Rented since March 2014 on 8 Ejari contracts, from AED 40,360 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2012 price is 15.0%, before a service charge of about AED 22,000 a year (AED 20.83 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2025.
Questions about 196, Marina Terrace Tower
What did unit 196 last sell for?
AED 700,000 on 19 April 2012: AED 664 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 660,000 in August 2008.
What is the rent for unit 196?
AED 105,000 a year on the contract signed on 9 May 2025. The previous contract, from April 2024, was AED 100,000; the unit has been rented since March 2014.
How big is unit 196?
1,054 sqft (97.9 sqm): an apartment on the 19th floor of a 36-storey tower completed in 2006.
What is unit 196 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 196, Marina Terrace Tower
Starts from the last sale price (AED 700K, 19 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →