54, Marina Terrace Tower
Sold prices and rental history: sold once, by the developer in March 2009, 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 54, Marina Terrace Tower
What is 54 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 908 sqft
- Floor
- 5th of 36
- Parking
- P1-15
- Developer
- DAMAC PROPERTIES CO
- Completed
- 2006
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.03M · March 2009
- Building
- Marina Terrace Tower
About 54, Marina Terrace Tower
54 is a two-bedroom apartment of 908 sqft on the 5th floor of Marina Terrace Tower, a 36-storey tower in Dubai Marina completed in 2006 by DAMAC PROPERTIES CO. The developer sold it on 1 March 2009 for AED 1,025,000, or AED 564 per sqft, 11% below the AED 635 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 April 2022, is AED 90,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 18,900 a year.
Sales and rents for 54 over time
54 has sold once; 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 54 sits
All 48 2-beds →54 last sold in March 2009 at AED 564 per sqft, 11% below what two-beds in Marina Terrace Tower were fetching at the time (AED 635). 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. 54's AED 90,000 is at the bottom 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 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 | |
| 53 | 1-bed | 938 sqft | AED 1.4MAED 1,400,000 · Jul 2016July 2016 | 85,000 /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 |
54, Marina Terrace Tower in numbers
- Sold once: by DAMAC PROPERTIES CO on 1 March 2009 for AED 1,025,000, or AED 564 per sqft.
- Rented since August 2013 on 9 Ejari contracts, from AED 130,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2009 price is 8.8%, before a service charge of about AED 18,900 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 25 April 2022.
Questions about 54, Marina Terrace Tower
What did unit 54 last sell for?
AED 1,025,000 on 1 March 2009, sold by the developer: AED 564 per sqft for 908 sqft. It is the only registered sale of the unit.
What is the rent for unit 54?
AED 90,000 a year on the contract renewed on 25 April 2022. The previous contract, from April 2021, was AED 85,000; the unit has been rented since August 2013.
How big is unit 54?
908 sqft (84.4 sqm): a two-bedroom apartment on the 5th floor of a 36-storey tower completed in 2006.
What is unit 54 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 54, Marina Terrace Tower
Starts from the last sale price (AED 1.03M, 1 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus AED 48,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →