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1-bed · 1,054 sqftMarina Terrace Tower, Dubai Marina · 21st floor · completed 2006

212, Marina Terrace Tower

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 14 May 2017
Last soldAED 1.55M14 May 2017
Current rentAED 88K /yr9 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Marina Terrace Tower

What is 212 worth today?

Last sold for AED 1,550,000 in 2017

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14 May 2017SoldReady
AED 1,550,000AED 1,470 per sqft
9 Feb 2017RentedRenewal
AED 87,781/yr3 months · AED 83 per sqft
9 Feb 2016RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft
9 Feb 2015RentedRenewal
AED 89,250/yr12 months · AED 85 per sqft
9 Feb 2014RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
28 Apr 2012RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
5 May 2009Sold by developerReady
AED 824,500AED 782 per sqft

Source: Dubai Land Department. Updated 14 May 2017.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
21st of 36
Parking
P3-128
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 22,000 /yr
Last sold
AED 1.55M · May 2017
Building
Marina Terrace Tower

About 212, Marina Terrace Tower

212 is a one-bedroom apartment of 1,054 sqft on the 21st floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 14 May 2017 for AED 1,550,000, or AED 1,470 per sqft, in line with the AED 1,481 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 9 February 2017, is AED 87,781 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 22,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, May 2009: AED 824,500 (AED 782 per sqft)Sold, May 2017: AED 1,550,000 (AED 1,470 per sqft)

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

Rents
Unit 212, 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, April 2012: AED 75,000 a yearNew contract, February 2014: AED 85,000 a yearRenewal, February 2015: AED 89,250 a yearRenewal, February 2016: AED 90,000 a yearRenewal, February 2017: AED 87,781 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 212 sits

All 75 1-beds →

212 last sold in May 2017 at AED 1,470 per sqft, in line with what one-beds in Marina Terrace Tower were fetching at the time (AED 1,481). Over the last 12 months one-beds sold for AED 1,610,000 to 1,740,000, around AED 1,786 per sqft, and rent for AED 90,000 to 160,000 a year. 212's AED 87,781 is at the bottom 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
3 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. 6 sold in the last 12 months.

Typical price per sqft
AED 1,714
Typical sale
AED 2.29M
Typical rent
AED 140K /yr
Typical yield
6.1%
Marina Terrace Tower, Dubai Marina: prices, sales and rents →

Other units on the 21st floor

All 188 units in Marina Terrace Tower
Value
2112-bedAED 2.05M · Jul 2023
213AED 1.8M · Oct 2025
2142-bedAED 989K · Jul 2008
215AED 1.77M · Nov 2025
2161-bedAED 1.13M · Dec 2011
2173-bedAED 2.85M · Sep 2024

212, Marina Terrace Tower in numbers

  • Sold twice: first on 5 May 2009 for AED 824,500, last on 14 May 2017 for AED 1,550,000 (AED 1,470 per sqft).
  • Rented since April 2012 on 5 Ejari contracts, from AED 75,000 to AED 87,781 a year.
  • At AED 87,781 a year the gross yield on the 2017 price is 5.7%, 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 1,714 per sqft.

Source: Dubai Land Department. Updated 14 May 2017.

Questions about 212, Marina Terrace Tower

What did unit 212 last sell for?

AED 1,550,000 on 14 May 2017: AED 1,470 per sqft for 1,054 sqft. The unit has 2 registered sales; the first was AED 824,500 in May 2009.

What is the rent for unit 212?

AED 87,781 a year on the contract renewed on 9 February 2017. The previous contract, from February 2016, was AED 90,000; the unit has been rented since April 2012.

How big is unit 212?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 21st floor of a 36-storey tower completed in 2006.

What is unit 212 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 1,786 per sqft.

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Mortgage on 212, Marina Terrace Tower

Starts from the last sale price (AED 1.55M, 14 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →