2-bed · 1,830 sqftMarina Terrace Tower, Dubai Marina · 26th floor · completed 2006

263, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 263 · DLD and Ejari recordsUpdated 4 January 2025
Last soldAED 1.02M24 March 2010
Current rentAED 145K /yr4 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 263, Marina Terrace Tower

What is 263 worth today?

Last sold for AED 1,020,000 in 2010

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4 Jan 2025RentedRenewal
AED 145,000/yr12 months · AED 79 per sqft
4 Jan 2024RentedRenewal
AED 145,000/yr12 months · AED 79 per sqft
23 Mar 2023RentedRenewal
AED 120,621/yr9 months · AED 66 per sqft
20 Jan 2021RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft
13 May 2018RentedNew contract
AED 130,000/yr12 months · AED 71 per sqft
15 Jul 2017RentedRenewal
AED 128,000/yr12 months · AED 70 per sqft
15 Jul 2016RentedRenewal
AED 135,000/yr12 months · AED 74 per sqft
15 Jul 2015RentedNew contract
AED 145,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 4 January 2025.

Key facts

Type
2-bed apartment
Size
1,830 sqft
Floor
26th of 36
Parking
P4-168
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 38,100 /yr
Last sold
AED 1.02M · March 2010

About 263, Marina Terrace Tower

263 is a two-bedroom apartment of 1,830 sqft on the 26th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 24 March 2010 for AED 1,020,000, or AED 557 per sqft, 39% below the AED 907 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 4 January 2025, is AED 145,000 a year: a gross yield of 14.2% on the 2010 price, before the service charge of about AED 38,100 a year.

Sales and rents for 263 over time

Sales
Unit 263, each saleTypical two-bed in Marina Terrace Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,125,000; 2009 AED 1,400,000; 2010 AED 1,156,000; 2011 AED 1,400,000; 2012 AED 1,800,000; 2013 AED 1,800,000; 2015 AED 2,000,000; 2021 AED 1,380,000; 2022 AED 1,579,408; 2023 AED 2,050,000; 2024 AED 2,500,000; 2025 AED 2,840,000Sold by developer, March 2010: AED 1,020,000 (AED 557 per sqft)

263 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 263, each contractTypical two-bed in Marina Terrace Tower
100K150K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 149,792; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 117,000; 2020 AED 95,000; 2021 AED 106,250; 2022 AED 110,650; 2023 AED 142,500; 2024 AED 149,792; 2025 AED 153,750; 2026 AED 160,000New contract, July 2014: AED 150,000 a yearNew contract, July 2015: AED 145,000 a yearRenewal, July 2016: AED 135,000 a yearRenewal, July 2017: AED 128,000 a yearNew contract, May 2018: AED 130,000 a yearNew contract, January 2021: AED 85,000 a yearRenewal, March 2023: AED 120,621 a yearRenewal, January 2024: AED 145,000 a yearRenewal, January 2025: AED 145,000 a year

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 263 sits

All 48 2-beds →

263 last sold in March 2010 at AED 557 per sqft, 39% below what two-beds in Marina Terrace Tower were fetching at the time (AED 907). 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. 263's AED 145,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20262,990,000
26 Dec 20252,840,000
5 May 20252,900,000
17 Apr 20252,700,000
2 2-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 26th floor

All 188 units in Marina Terrace Tower
Value
2612-bedAED 2.25M · Mar 2024
2623-bedAED 2.75M · Jul 2023
264AED 4.3M · Oct 2025
2653-bedAED 3.45M · Dec 2024

263, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 24 March 2010 for AED 1,020,000, or AED 557 per sqft.
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2021 and recovered to AED 145,000 by January 2025.
  • At AED 145,000 a year the gross yield on the 2010 price is 14.2%, before a service charge of about AED 38,100 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: Dubai Land Department. Updated 4 January 2025.

Questions about 263, Marina Terrace Tower

What did unit 263 last sell for?

AED 1,020,000 on 24 March 2010, sold by the developer: AED 557 per sqft for 1,830 sqft. It is the only registered sale of the unit.

What is the rent for unit 263?

AED 145,000 a year on the contract renewed on 4 January 2025. The previous contract, from January 2024, was AED 145,000; the unit has been rented since July 2014.

How big is unit 263?

1,830 sqft (170.0 sqm): a two-bedroom apartment on the 26th floor of a 36-storey tower completed in 2006.

What is unit 263 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 263, Marina Terrace Tower

Starts from the last sale price (AED 1.02M, 24 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →