3-bed · 2,057 sqftAl Majara Tower 1, Dubai Marina · 10th floor · completed 2006

1002, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 3.95M9 January 2025
Current rentAED 230K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Al Majara Tower 1

What is 1002 worth today?

Last sold for AED 3,950,000 in 2025

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9 Jan 2025SoldReady
AED 3,950,000AED 1,920 per sqft
5 Jan 2024RentedNew contract
AED 230,000/yr12 months · AED 112 per sqft
5 Jan 2024RentedNew contract
AED 230,000/yr12 months · AED 112 per sqft
13 Jun 2018SoldReady
AED 2,400,000AED 1,166 per sqft
15 Oct 2017RentedNew contract
AED 192,500/yr12 months · AED 94 per sqft
20 Sep 2015RentedRenewal
AED 225,000/yr12 months · AED 109 per sqft
20 Sep 2014RentedNew contract
AED 225,000/yr12 months · AED 109 per sqft
1 Sep 2013RentedNew contract
AED 190,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
3-bed apartment
Size
2,057 sqft
Floor
10th of 28
Parking
287 , 288
Developer
Emaar
Completed
2006
Service charge
AED 31,100 /yr
Last sold
AED 3.95M · January 2025

About 1002, Al Majara Tower 1

1002 is a three-bedroom apartment of 2,057 sqft on the 10th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 January 2025 for AED 3,950,000, or AED 1,920 per sqft, 10% above the AED 1,749 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 January 2024, is AED 230,000 a year: a gross yield of 5.8% on the 2025 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Al Majara Tower 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,739,750; 2009 AED 1,750,000; 2010 AED 1,427,222; 2011 AED 1,680,000; 2012 AED 2,550,000; 2013 AED 2,740,000; 2015 AED 3,300,000; 2016 AED 3,075,000; 2017 AED 1,430,000; 2019 AED 2,217,900; 2025 AED 4,250,000Sold by developer, August 2009: AED 1,460,000 (AED 709 per sqft)Sold, June 2018: AED 2,400,000 (AED 1,166 per sqft)Sold, January 2025: AED 3,950,000 (AED 1,920 per sqft)

1002 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Al Majara Tower 1
150K200K250K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 171,625; 2014 AED 240,000; 2015 AED 245,000; 2016 AED 225,000; 2017 AED 222,500; 2018 AED 208,505; 2019 AED 175,000; 2020 AED 153,502; 2021 AED 155,000; 2022 AED 180,000; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 230,000; 2026 AED 233,000New contract, September 2013: AED 190,000 a yearNew contract, September 2014: AED 225,000 a yearRenewal, September 2015: AED 225,000 a yearNew contract, October 2017: AED 192,500 a yearNew contract, January 2024: AED 230,000 a yearNew contract, January 2024: AED 230,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Majara Tower 1, and where 1002 sits

All 36 3-beds →

1002 last sold in January 2025 at AED 1,920 per sqft, 10% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,749). Over the last 12 months three-beds sold for AED 3,500,000 to 4,600,000, around AED 1,980 per sqft, and rent for AED 184,000 to 300,000 a year. 1002's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20264,600,000
22 Jul 20263,500,000
27 Oct 20254,250,000
14 Feb 20254,300,000
2 3-bed sales in the last 12 months

Al Majara Tower 1

Building

188 apartments, 1-bed to 3-bed over 28 floors in Dubai Marina, completed in 2006 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 2,018 Up 4.4%
Typical sale
AED 2.4M
Typical rent
AED 130K /yr
Typical yield
5.2%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 188 units in Al Majara Tower 1
Value
10011-bedAED 830K · Dec 2010
10032-bedAED 2.1M · Sep 2022
10042-bedAED 2.05M · Aug 2016
10051-bedAED 1.45M · Apr 2008
10061-bedAED 1.16M · Nov 2022
10072-bedAED 440K · Aug 2009

1002, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 13 August 2009 for AED 1,460,000, last on 9 January 2025 for AED 3,950,000 (AED 1,920 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 190,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2025 price is 5.8%, before a service charge of about AED 31,100 a year (AED 15.11 per sqft).
  • Three-beds in Al Majara Tower 1 sold for AED 3,500,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,018 per sqft.

Source: Dubai Land Department. Updated 9 January 2025.

Questions about 1002, Al Majara Tower 1

What did unit 1002 last sell for?

AED 3,950,000 on 9 January 2025: AED 1,920 per sqft for 2,057 sqft. The unit has 3 registered sales; the first was AED 1,460,000 in August 2009.

What is the rent for unit 1002?

AED 230,000 a year on the contract signed on 5 January 2024. The previous contract, from January 2024, was AED 230,000; the unit has been rented since September 2013.

How big is unit 1002?

2,057 sqft (191.1 sqm): a three-bedroom apartment on the 10th floor of a 28-storey tower completed in 2006.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Majara Tower 1 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 1,980 per sqft.

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Mortgage on 1002, Al Majara Tower 1

Starts from the last sale price (AED 3.95M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →