1003, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in September 2022, 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 1003, Al Majara Tower 1
What is 1003 worth today?
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Source: Dubai Land Department. Updated 5 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 10th of 28
- Parking
- 730
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 2.1M · September 2022
- Building
- Al Majara Tower 1
About 1003, Al Majara Tower 1
1003 is a two-bedroom apartment of 1,591 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 5 September 2022 for AED 2,100,000, or AED 1,319 per sqft, in line with the AED 1,291 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 99,748 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 24,000 a year.
Sales and rents for 1003 over time
1003 has sold 4 times; 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 Al Majara Tower 1, and where 1003 sits
All 77 2-beds →1003 last sold in September 2022 at AED 1,319 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,291). Over the last 12 months two-beds sold for AED 2,043,546 to 3,050,000, around AED 1,831 per sqft, and rent for AED 100,000 to 280,000 a year. 1003's AED 99,748 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,324 sqft | 2,800,000 | 2,114 | ||
| 13 Jul 202613 July 2026 | 1,338 sqft | 2,043,546 | 1,527 | ||
| 4 Jun 20264 June 2026 | 1,338 sqft | 2,450,000 | 1,831 | ||
| 1 May 20261 May 2026 | 1,338 sqft | 3,050,000 | 2,279 |
Al Majara Tower 1
Building188 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%
Other units on the 10th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 951 sqft | AED 830KAED 830,000 · Dec 2010December 2010 | 107,000 /yr | |
| 1002 | 3-bed | 2,057 sqft | AED 3.95MAED 3,950,000 · Jan 2025January 2025 | 230,000 /yr | |
| 1004 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Aug 2016August 2016 | 140,000 /yr | |
| 1005 | 1-bed | 929 sqft | AED 1.45MAED 1,450,000 · Apr 2008April 2008 | 130,000 /yr | |
| 1006 | 1-bed | 841 sqft | AED 1.16MAED 1,155,000 · Nov 2022November 2022 | 90,000 /yr | |
| 1007 | 2-bed | 1,338 sqft | AED 440KAED 440,250 · Aug 2009August 2009 | 136,500 /yr |
1003, Al Majara Tower 1 in numbers
- Sold 4 times: first on 20 December 2010 for AED 1,444,888, last on 5 September 2022 for AED 2,100,000 (AED 1,319 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 160,000 to AED 99,748 a year.
- At AED 99,748 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 24,000 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 1 sold for AED 2,043,546–3,050,000 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 5 September 2022.
Questions about 1003, Al Majara Tower 1
What did unit 1003 last sell for?
AED 2,100,000 on 5 September 2022: AED 1,319 per sqft for 1,591 sqft. The unit has 4 registered sales; the first was AED 1,444,888 in December 2010.
What is the rent for unit 1003?
AED 99,748 a year on the contract renewed on 15 January 2022. The previous contract, from January 2021, was AED 95,000; the unit has been rented since September 2013.
How big is unit 1003?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2006.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 1 sold for AED 2,043,546 to 3,050,000 in the last 12 months, around AED 1,831 per sqft.
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Mortgage on 1003, Al Majara Tower 1
Starts from the last sale price (AED 2.1M, 5 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →