342, Marina Terrace Tower
Sold prices and rental history: sold twice, last in July 2013, 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 342, Marina Terrace Tower
What is 342 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,830 sqft
- Floor
- 34th of 36
- Parking
- P5-199
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 38,100 /yr
- Last sold
- AED 1.8M · July 2013
- Building
- Marina Terrace Tower
About 342, Marina Terrace Tower
342 is a two-bedroom apartment of 1,830 sqft on the 34th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 9 July 2013 for AED 1,800,000, or AED 983 per sqft, 11% below the AED 1,110 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 20 January 2025, is AED 160,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 38,100 a year.
Sales and rents for 342 over time
342 has sold twice; 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 342 sits
All 48 2-beds →342 last sold in July 2013 at AED 983 per sqft, 11% 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. 342's AED 160,000 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 34th floor
All 188 units in Marina Terrace Tower342, Marina Terrace Tower in numbers
- Sold twice: first on 8 July 2008 for AED 1,750,000, last on 9 July 2013 for AED 1,800,000 (AED 983 per sqft).
- Rented since April 2013 on 7 Ejari contracts, from AED 130,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2013 price is 8.9%, 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 20 January 2025.
Questions about 342, Marina Terrace Tower
What did unit 342 last sell for?
AED 1,800,000 on 9 July 2013: AED 983 per sqft for 1,830 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in July 2008.
What is the rent for unit 342?
AED 160,000 a year on the contract signed on 20 January 2025. The previous contract, from October 2023, was AED 170,000; the unit has been rented since April 2013.
How big is unit 342?
1,830 sqft (170.0 sqm): a two-bedroom apartment on the 34th floor of a 36-storey tower completed in 2006.
What is unit 342 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 342, Marina Terrace Tower
Starts from the last sale price (AED 1.8M, 9 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →