241, Marina Terrace Tower
Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 241, Marina Terrace Tower
What is 241 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,543 sqft
- Floor
- 24th of 36
- Parking
- P4-184
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 32,100 /yr
- Last sold
- AED 1.55M · September 2022
- Building
- Marina Terrace Tower
About 241, Marina Terrace Tower
241 is a two-bedroom apartment of 1,543 sqft on the 24th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 1 September 2022 for AED 1,550,000, or AED 1,004 per sqft, in line with the AED 1,023 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 March 2025, is AED 165,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 32,100 a year.
Sales and rents for 241 over time
241 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Terrace Tower, and where 241 sits
All 48 2-beds →241 last sold in September 2022 at AED 1,004 per sqft, in line with what two-beds in Marina Terrace Tower were fetching at the time (AED 1,023). Over the last 12 months two-beds sold for AED 2,840,000 to 2,990,000, around AED 1,597 per sqft, and rent for AED 125,000 to 180,000 a year. 241's AED 165,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,820 sqft | 2,990,000 | 1,642 | ||
| 26 Dec 202526 December 2025 | 1,830 sqft | 2,840,000 | 1,551 | ||
| 5 May 20255 May 2025 | 1,820 sqft | 2,900,000 | 1,593 | ||
| 17 Apr 202517 April 2025 | 1,820 sqft | 2,700,000 | 1,483 |
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 24th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 242 | 1-bed | 1,054 sqft | AED 595KAED 595,000 · Dec 2011December 2011 | 75,000 /yr | |
| 243 | 1-bed | 938 sqft | AED 545KAED 545,000 · Sep 2015September 2015 | ||
| 244 | 2-bed | 1,820 sqft | AED 2MAED 2,000,000 · Sep 2009September 2009 | 180,000 /yr | |
| 245 | 1-bed | 943 sqft | AED 1.35MAED 1,350,000 · Apr 2018April 2018 | ||
| 246 | 1-bed | 1,054 sqft | AED 1.8MAED 1,800,000 · Apr 2016April 2016 | 90,000 /yr | |
| 247 | 3-bed | 1,640 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 |
241, Marina Terrace Tower in numbers
- Sold 4 times: first on 28 December 2009 for AED 830,000, last on 1 September 2022 for AED 1,550,000 (AED 1,004 per sqft).
- Rented since March 2013 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 50,400 in 2021 and recovered to AED 165,000 by March 2025.
- At AED 165,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 32,100 a year (AED 20.83 per sqft).
- Two-beds in Marina Terrace Tower sold for AED 2,840,000–2,990,000 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 15 March 2025.
Questions about 241, Marina Terrace Tower
What did unit 241 last sell for?
AED 1,550,000 on 1 September 2022: AED 1,004 per sqft for 1,543 sqft. The unit has 4 registered sales; the first was AED 830,000 in December 2009.
What is the rent for unit 241?
AED 165,000 a year on the contract signed on 15 March 2025. The previous contract, from August 2021, was AED 90,000; the unit has been rented since March 2013.
How big is unit 241?
1,543 sqft (143.3 sqm): a two-bedroom apartment on the 24th floor of a 36-storey tower completed in 2006.
What is unit 241 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Terrace Tower sold for AED 2,840,000 to 2,990,000 in the last 12 months, around AED 1,597 per sqft.
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Mortgage on 241, Marina Terrace Tower
Starts from the last sale price (AED 1.55M, 1 September 2022). 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 AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →