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1-bed · 841 sqftAl Majara Tower 1, Dubai Marina · 10th floor · completed 2006

1006, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 1.16M16 November 2022
Current rentAED 90K /yr25 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1006, Al Majara Tower 1

What is 1006 worth today?

Last sold for AED 1,155,000 in 2022

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16 Nov 2022SoldReady
AED 1,155,000AED 1,373 per sqft
25 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
5 Nov 2015RentedNew contract
AED 125,000/yr12 months · AED 149 per sqft
10 Apr 2008Sold by developerReady
AED 780,000AED 927 per sqft
10 Apr 2008SoldReady
AED 1,200,000AED 1,426 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
10th of 28
Parking
56
Developer
Emaar
Completed
2006
Service charge
AED 12,700 /yr
Last sold
AED 1.16M · November 2022
Building
Al Majara Tower 1

About 1006, Al Majara Tower 1

1006 is a one-bedroom apartment of 841 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 16 November 2022 for AED 1,155,000, or AED 1,373 per sqft, in line with the AED 1,373 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 25 October 2019, is AED 90,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical sale price by year: 2008 AED 757,368; 2009 AED 474,000; 2010 AED 650,500; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,175,000; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,275,000; 2017 AED 1,500,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,857,500; 2026 AED 1,900,000Sold by developer, April 2008: AED 780,000 (AED 927 per sqft)Sold, April 2008: AED 1,200,000 (AED 1,426 per sqft)Sold, November 2022: AED 1,155,000 (AED 1,373 per sqft)

1006 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1006, each contractTypical one-bed in Al Majara Tower 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 87,500; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 111,151; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 80,300; 2023 AED 93,000; 2024 AED 104,500; 2025 AED 102,000; 2026 AED 100,000New contract, November 2015: AED 125,000 a yearNew contract, October 2019: AED 90,000 a year

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

1-beds in Al Majara Tower 1, and where 1006 sits

All 75 1-beds →

1006 last sold in November 2022 at AED 1,373 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,373). Over the last 12 months one-beds sold for AED 1,620,000 to 2,350,000, around AED 2,045 per sqft, and rent for AED 70,000 to 150,000 a year. 1006's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 20261,675,000
3 Aug 20261,620,000
15 Jul 20262,350,000
22 Jun 20262,000,000
5 1-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
10023-bedAED 3.95M · Jan 2025
10032-bedAED 2.1M · Sep 2022
10042-bedAED 2.05M · Aug 2016
10051-bedAED 1.45M · Apr 2008
10072-bedAED 440K · Aug 2009

1006, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 10 April 2008 for AED 1,200,000, last on 16 November 2022 for AED 1,155,000 (AED 1,373 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 12,700 a year (AED 15.11 per sqft).
  • One-beds in Al Majara Tower 1 sold for AED 1,620,000–2,350,000 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 16 November 2022.

Questions about 1006, Al Majara Tower 1

What did unit 1006 last sell for?

AED 1,155,000 on 16 November 2022: AED 1,373 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in April 2008.

What is the rent for unit 1006?

AED 90,000 a year on the contract signed on 25 October 2019. The previous contract, from November 2015, was AED 125,000.

How big is unit 1006?

841 sqft (78.1 sqm): a one-bedroom apartment on the 10th floor of a 28-storey tower completed in 2006.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 1 sold for AED 1,620,000 to 2,350,000 in the last 12 months, around AED 2,045 per sqft.

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Mortgage on 1006, Al Majara Tower 1

Starts from the last sale price (AED 1.16M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,000
Deposit, UAE resident (20%)
AED 231,000
Deposit, non-resident (40%)
AED 462,000
Monthly over 25 years at 3.7%
AED 4,725

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