53, Marina Terrace Tower
Sold prices and rental history: sold twice, last in July 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 53, Marina Terrace Tower
What is 53 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 938 sqft
- Floor
- 5th of 36
- Parking
- P1-14
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 19,500 /yr
- Last sold
- AED 1.4M · July 2016
- Building
- Marina Terrace Tower
About 53, Marina Terrace Tower
53 is a one-bedroom apartment of 938 sqft on the 5th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. It last sold on 18 July 2016 for AED 1,400,000, or AED 1,492 per sqft, in line with the AED 1,492 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 7 February 2019, is AED 85,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 19,500 a year.
Sales and rents for 53 over time
53 has sold twice; 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 53 sits
All 75 1-beds →53 last sold in July 2016 at AED 1,492 per sqft, in line with what one-beds in Marina Terrace Tower were fetching at the time (AED 1,492). Over the last 12 months one-beds sold for AED 1,610,000 to 1,740,000, around AED 1,691 per sqft, and rent for AED 90,000 to 160,000 a year. 53's AED 85,000 is at the bottom 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. 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 5th floor
All 188 units in Marina Terrace Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 51 | 2-bed | 1,543 sqft | AED 2MAED 2,000,000 · Nov 2015November 2015 | 140,000 /yr | |
| 52 | 1-bed | 1,054 sqft | AED 1.74MAED 1,735,000 · Jul 2024July 2024 | 110,000 /yr | |
| 54 | 2-bed | 908 sqft | AED 1.03MAED 1,025,000 · Mar 2009March 2009 | 90,000 /yr | |
| 55 | 1-bed | 944 sqft | AED 1.2MAED 1,200,000 · Jul 2009July 2009 | ||
| 56 | 1-bed | 1,055 sqft | AED 1.61MAED 1,610,000 · Dec 2025December 2025 | 78,000 /yr | |
| 57 | 3-bed | 1,645 sqft | AED 1.8MAED 1,800,000 · Jun 2024June 2024 | 198,000 /yr |
53, Marina Terrace Tower in numbers
- Sold twice: first on 21 December 2009 for AED 659,000, last on 18 July 2016 for AED 1,400,000 (AED 1,492 per sqft).
- Rented since September 2015 on 5 Ejari contracts, from AED 120,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2016 price is 6.1%, 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 1,642 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2019.
Questions about 53, Marina Terrace Tower
What did unit 53 last sell for?
AED 1,400,000 on 18 July 2016: AED 1,492 per sqft for 938 sqft. The unit has 2 registered sales; the first was AED 659,000 in December 2009.
What is the rent for unit 53?
AED 85,000 a year on the contract signed on 7 February 2019. The previous contract, from October 2018, was AED 100,000; the unit has been rented since September 2015.
How big is unit 53?
938 sqft (87.1 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2006.
What is unit 53 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 1,691 per sqft.
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Mortgage on 53, Marina Terrace Tower
Starts from the last sale price (AED 1.4M, 18 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →