1-bed · 1,054 sqftMarina Terrace Tower, Dubai Marina · 23rd floor · completed 2006

236, Marina Terrace Tower

Sold prices and rental history: sold 3 times, last in March 2012, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 236 · DLD and Ejari recordsUpdated 18 February 2023
Last soldAED 1.1M21 March 2012
Current rentAED 100K /yr18 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 236, Marina Terrace Tower

What is 236 worth today?

Last sold for AED 1,100,000 in 2012

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18 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
15 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
18 Jul 2013RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
21 Mar 2012SoldReady
AED 1,100,000AED 1,043 per sqft
6 Mar 2012SoldReady
AED 750,000AED 711 per sqft
5 Mar 2012Sold by developerReady
AED 665,000AED 630 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 February 2023.

Key facts

Type
1-bed apartment
Size
1,054 sqft
Floor
23rd of 36
Parking
P4-187
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 22,000 /yr
Last sold
AED 1.1M · March 2012

About 236, Marina Terrace Tower

236 is a one-bedroom apartment of 1,054 sqft on the 23rd floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 21 March 2012 for AED 1,100,000, or AED 1,043 per sqft, 17% above the AED 890 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 18 February 2023, is AED 100,000 a year: a gross yield of 9.1% on the 2012 price, before the service charge of about AED 22,000 a year.

Sales and rents for 236 over time

Sales
Unit 236, 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, March 2012: AED 1,100,000 (AED 1,043 per sqft)Sold, March 2012: AED 750,000 (AED 711 per sqft)Sold by developer, March 2012: AED 665,000 (AED 630 per sqft)

236 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 236, 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, July 2013: AED 100,000 a yearNew contract, January 2021: AED 70,000 a yearNew contract, February 2023: 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 236 sits

All 75 1-beds →

236 last sold in March 2012 at AED 1,043 per sqft, 17% above what one-beds in Marina Terrace Tower were fetching at the time (AED 890). 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. 236'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 23rd floor

All 188 units in Marina Terrace Tower
Value
2312-bedAED 725K · Mar 2022
2321-bedAED 1.75M · May 2024
2331-bedAED 589K · Jul 2008
2342-bedAED 2.15M · Sep 2022
235AED 1.69M · Nov 2025
2373-bedAED 1.95M · Mar 2020

236, Marina Terrace Tower in numbers

  • Sold 3 times: first on 5 March 2012 for AED 665,000, last on 21 March 2012 for AED 1,100,000 (AED 1,043 per sqft).
  • Rented since July 2013 on 3 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 100,000 by February 2023.
  • At AED 100,000 a year the gross yield on the 2012 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 18 February 2023.

Questions about 236, Marina Terrace Tower

What did unit 236 last sell for?

AED 1,100,000 on 21 March 2012: AED 1,043 per sqft for 1,054 sqft. The unit has 3 registered sales; the first was AED 665,000 in March 2012.

What is the rent for unit 236?

AED 100,000 a year on the contract signed on 18 February 2023. The previous contract, from January 2021, was AED 70,000; the unit has been rented since July 2013.

How big is unit 236?

1,054 sqft (97.9 sqm): a one-bedroom apartment on the 23rd floor of a 36-storey tower completed in 2006.

What is unit 236 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 236, Marina Terrace Tower

Starts from the last sale price (AED 1.1M, 21 March 2012). 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 →