2-bed · 1,830 sqftMarina Terrace Tower, Dubai Marina · 27th floor · completed 2006

273, Marina Terrace Tower

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 273 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 1.05M4 September 2013
Current rentAED 140K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 273, Marina Terrace Tower

What is 273 worth today?

Last sold for AED 1,045,000 in 2013

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23 Dec 2024RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
1 Nov 2023RentedRenewal
AED 107,000/yr12 months · AED 58 per sqft
1 Nov 2022RentedRenewal
AED 96,800/yr12 months · AED 53 per sqft
1 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 46 per sqft
1 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 60 per sqft
11 Jun 2017RentedNew contract
AED 135,000/yr12 months · AED 74 per sqft
27 Oct 2015RentedRenewal
AED 150,000/yr12 months · AED 82 per sqft
27 Oct 2014RentedNew contract
AED 150,000/yr12 months · AED 82 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.

Key facts

Type
2-bed apartment
Size
1,830 sqft
Floor
27th of 36
Parking
P4-164
Developer
DAMAC PROPERTIES CO
Completed
2006
Service charge
AED 38,100 /yr
Last sold
AED 1.05M · September 2013

About 273, Marina Terrace Tower

273 is a two-bedroom apartment of 1,830 sqft on the 27th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 4 September 2013 for AED 1,045,000, or AED 571 per sqft, 49% below the AED 1,110 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 23 December 2024, is AED 140,000 a year: a gross yield of 13.4% on the 2013 price, before the service charge of about AED 38,100 a year.

Sales and rents for 273 over time

Sales
Unit 273, 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, September 2013: AED 1,045,000 (AED 571 per sqft)

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

Rents
Unit 273, 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, October 2013: AED 150,000 a yearNew contract, October 2014: AED 150,000 a yearRenewal, October 2015: AED 150,000 a yearNew contract, June 2017: AED 135,000 a yearNew contract, July 2019: AED 110,000 a yearNew contract, November 2020: AED 85,000 a yearRenewal, November 2022: AED 96,800 a yearRenewal, November 2023: AED 107,000 a yearNew contract, December 2024: AED 140,000 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 273 sits

All 48 2-beds →

273 last sold in September 2013 at AED 571 per sqft, 49% below what two-beds in Marina Terrace Tower were fetching at the time (AED 1,110). 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. 273's AED 140,000 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 27th floor

All 188 units in Marina Terrace Tower
Value
2713-bedAED 2.57M · Jan 2025
2723-bedAED 3.5M · Dec 2016
2743-bedAED 2.8M · Mar 2025
2753-bedAED 2.04M · Jul 2008

273, Marina Terrace Tower in numbers

  • Sold once: by DAMAC PROPERTIES CO on 4 September 2013 for AED 1,045,000, or AED 571 per sqft.
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 140,000 by December 2024.
  • At AED 140,000 a year the gross yield on the 2013 price is 13.4%, 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: YallaValue analysis of Dubai Land Department records. Updated 23 December 2024.

Questions about 273, Marina Terrace Tower

What did unit 273 last sell for?

AED 1,045,000 on 4 September 2013, sold by the developer: AED 571 per sqft for 1,830 sqft. It is the only registered sale of the unit.

What is the rent for unit 273?

AED 140,000 a year on the contract signed on 23 December 2024. The previous contract, from November 2023, was AED 107,000; the unit has been rented since October 2013.

How big is unit 273?

1,830 sqft (170.0 sqm): a two-bedroom apartment on the 27th floor of a 36-storey tower completed in 2006.

What is unit 273 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 273, Marina Terrace Tower

Starts from the last sale price (AED 1.05M, 4 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,000
Deposit, UAE resident (20%)
AED 209,000
Deposit, non-resident (40%)
AED 418,000
Monthly over 25 years at 3.7%
AED 4,275

Plus AED 48,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →