253, Marina Terrace Tower
Sold prices and rental history: sold 3 times, last in May 2013, 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 253, Marina Terrace Tower
What is 253 worth today?
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Source: Dubai Land Department. Updated 18 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 938 sqft
- Floor
- 25th of 36
- Parking
- P4-176
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.35M · May 2013
- Building
- Marina Terrace Tower
About 253, Marina Terrace Tower
253 is a one-bedroom apartment of 938 sqft on the 25th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 5 May 2013 for AED 1,350,000, or AED 1,439 per sqft, 20% above the AED 1,199 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 18 September 2024, is AED 110,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 19,500 a year.
Sales and rents for 253 over time
253 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 253 sits
All 75 1-beds →253 last sold in May 2013 at AED 1,439 per sqft, 20% above what one-beds in Marina Terrace Tower were fetching at the time (AED 1,199). 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. 253's AED 110,000 is in the lower 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. 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%
Other units on the 25th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 251 | 2-bed | 1,543 sqft | AED 2.3MAED 2,300,000 · Sep 2023September 2023 | 110,000 /yr | |
| 252 | 1-bed | 1,054 sqft | AED 1.65MAED 1,650,700 · Dec 2024December 2024 | 142,000 /yr | |
| 254 | 2-bed | 1,820 sqft | AED 1.25MAED 1,250,100 · Jul 2008July 2008 | 120,000 /yr | |
| 255 | 1-bed | 943 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 100,000 /yr | |
| 256 | 1-bed | 1,054 sqft | AED 1.4MAED 1,400,000 · Apr 2016April 2016 | 90,750 /yr | |
| 257 | 3-bed | 1,640 sqft | AED 2.2MAED 2,200,000 · Apr 2023April 2023 | 180,000 /yr |
253, Marina Terrace Tower in numbers
- Sold 3 times: first on 19 November 2008 for AED 599,000, last on 5 May 2013 for AED 1,350,000 (AED 1,439 per sqft).
- Rented since October 2012 on 10 Ejari contracts, from AED 75,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 19,500 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 18 September 2024.
Questions about 253, Marina Terrace Tower
What did unit 253 last sell for?
AED 1,350,000 on 5 May 2013: AED 1,439 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 599,000 in November 2008.
What is the rent for unit 253?
AED 110,000 a year on the contract renewed on 18 September 2024. The previous contract, from September 2023, was AED 110,000; the unit has been rented since October 2012.
How big is unit 253?
938 sqft (87.1 sqm): a one-bedroom apartment on the 25th floor of a 36-storey tower completed in 2006.
What is unit 253 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 253, Marina Terrace Tower
Starts from the last sale price (AED 1.35M, 5 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →