YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT
Marina Terrace Tower, Dubai Marina
A 38-storey cylindrical DAMAC Properties tower on the Dubai Marina waterfront, with one to five-bedroom apartments and penthouses: location, unit types and honest Airbnb income potential from Royale Stays.
Floors
38
Units
~200-202
Developer
DAMAC Properties
Unit Types
1BR-5BR
Area
Dubai Marina
About Marina Terrace Tower
Marina Terrace Tower is a 38-storey cylindrical residential tower developed by DAMAC Properties on the Dubai Marina waterfront, standing 183 metres (600 feet) tall with two basement levels. Both independent sources checked for this guide agree on the developer and the storey count.
Sources put the tower's unit count at approximately 200 to 202, a minor discrepancy not resolved to one figure. One source describes 2002 as the tower's launch year, not its completion date, and this guide is careful not to conflate the two; the building is confirmed complete and fully ready, though no source independently pins an exact handover year.
Location & Nearby Landmarks
Marina Terrace Tower sits on the Dubai Marina waterfront with easy access to Sheikh Zayed Road and a nearby water taxi station. For a full picture of Airbnb management across Dubai Marina, see Royale Stays' area guide to Airbnb property management in Dubai Marina.
Marina Terrace Tower joins Royale Stays' wider Dubai Marina Building Guide cluster, alongside Royal Oceanic, Iris Blue and 23 Marina Tower, three of the many other Dubai Marina towers Royale Stays has covered.
Unit Types
Marina Terrace Tower offers one-bedroom apartments (935-1,080 sq ft), two-bedroom apartments (1,550-1,554 sq ft) and three-bedroom apartments (1,640-2,085 sq ft), plus four and five-bedroom duplex penthouses on the top two floors. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material and have not been independently verified for this guide.
Amenities
Royale Stays has not independently confirmed a detailed amenities list specific to Marina Terrace Tower in this pass, so no facilities are listed here rather than an assumed or generic set. Owners and prospective renters should confirm current on-site facilities directly with the building's management.
Transportation & Access
Dubai Marina is served by two Dubai Metro stations (DMCC and Sobha Realty stations) and the Dubai Tram, which runs directly through the district, with a water taxi station near Marina Terrace Tower itself. Royale Stays has not confirmed the exact walking distance from the tower to the nearest metro station, so this guide does not state a specific figure.
Rental & Price Trends
Royale Stays has not yet compiled Marina Terrace Tower-specific market data covering long-term lease rents or service charges in this pass, so no building-specific figures are stated here rather than an invented estimate. Owners considering a unit at Marina Terrace Tower can run their own numbers through Royale Stays' Dubai property ROI calculator for a unit-specific estimate instead.
Airbnb / Short-Term Rental Income Potential
Short-term letting anywhere in Dubai, including at Marina Terrace Tower, runs through a DTCM (Department of Economy and Tourism) holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Marina Terrace Tower would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve.
Marina Terrace Tower already has a short-term rental presence: Deluxe Holiday Homes runs a page dedicated specifically to short-term rentals in the tower, confirming activity from a named competitor operator. Royale Stays does not currently have booking data specific to Marina Terrace Tower to draw on, so this guide does not present a building income figure it cannot support.
For an owner weighing whether Airbnb makes sense for a unit at Marina Terrace Tower, the practical starting points are confirming the building's short-term letting policy, applying for the DTCM permit, and pricing the unit against comparable Dubai Marina listings. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications process for owners who prefer not to handle it directly. Owners ready to move forward can submit their property for a management review to get a clearer read on its Airbnb potential.
Royale Stays does not yet have Marina Terrace Tower-specific portfolio data to draw on for this guide; this section reflects the already-visible operator presence at Marina Terrace Tower only, reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions