−6% Marina Terrace
2 BR · Apartment · 3 bathrooms
Price history
Listed since 12 October 2026. The price has been cut once — dates and figures from the listing itself.
- 13 October 2026 AED 2 650 000
- 17 October 2026 AED 2 500 000 -6%
About the building
38-storey residential building in Dubai Marina, completed in 2006. Developer — Damac Properties. Architect — HOK Canada, Inc. и Norr Group Consultants International Ltd.
Where it is
Dubai Marina
The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.
- reliable rental income
- car-free living
- fast resale
What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.
Full district guide →Questions and answers about lot NP4-515912
How much is this 2-bedroom apartment in Marina Terrace?
Lot NP4-515912 is priced at AED 2 500 000, about $681 000. The size is 1 543 sq ft (143 m²), which works out at AED 1 620 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 2 650 000 to AED 2 500 000: AED 150 000 less, or 6%. It was cut once. On the market since 12 October 2026.
Is this expensive or cheap for Dubai Marina?
The database holds 171 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 302 per sq ft; this lot, at AED 1 620, is 30% below it. 48 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Dubai Marina area guide →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2006 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 500 000; a loan of AED 2 000 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 300–11 700 a month. A non-resident puts down from 40% (AED 1 000 000) and pays about AED 7 700–8 800 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 100 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 500 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Marina Terrace?
The building has 38 floors. Completion year: 2006. Figures are from the project passport: Propsearch and the Dubai Land Department.
Marina Terrace project page →What does the seller say about the property itself?
From the listing: bathrooms — 3.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP4-515912 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Marina Terrace
Reviews from the English YouTube channel — each one with a written breakdown on this site.
Nearby in Dubai Marina
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