1102, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in April 2012, 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 1102, Al Majara Tower 1
What is 1102 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 11th of 28
- Parking
- 289 , 290
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 1.54M · April 2012
- Building
- Al Majara Tower 1
About 1102, Al Majara Tower 1
1102 is a three-bedroom apartment of 2,057 sqft on the 11th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 23 April 2012 for AED 1,537,000, or AED 747 per sqft, 7% above the AED 697 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 300,000 a year: a gross yield of 19.5% on the 2012 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1102 over time
1102 has sold once; the dashed line is the three-bed median of each year in the building.
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 1102 sits
All 36 3-beds →1102 last sold in April 2012 at AED 747 per sqft, 7% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 697). 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. 1102's AED 300,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 2,513 sqft | 4,600,000 | 1,830 | ||
| 22 Jul 202622 July 2026 | 1,643 sqft | 3,500,000 | 2,130 | ||
| 27 Oct 202527 October 2025 | 2,057 sqft | 4,250,000 | 2,066 | ||
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 |
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 11th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 951 sqft | AED 1.9MAED 1,900,000 · Apr 2017April 2017 | 119,000 /yr | |
| 1103 | 2-bed | 1,591 sqft | AED 1.85MAED 1,850,000 · Nov 2022November 2022 | 90,000 /yr | |
| 1104 | 2-bed | 1,324 sqft | AED 1.8MAED 1,800,000 · Jun 2016June 2016 | 140,000 /yr | |
| 1105 | 1-bed | 929 sqft | AED 1.9MAED 1,900,000 · Jan 2026January 2026 | 67,000 /yr | |
| 1106 | 1-bed | 841 sqft | AED 508KAED 508,000 · Apr 2008April 2008 | ||
| 1107 | 2-bed | 1,338 sqft | AED 1.55MAED 1,550,000 · Aug 2019August 2019 | 115,000 /yr |
1102, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 23 April 2012 for AED 1,537,000, or AED 747 per sqft.
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 195,000 to AED 23,800 in 2018 and recovered to AED 300,000 by October 2024.
- At AED 300,000 a year the gross yield on the 2012 price is 19.5%, 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 1 October 2024.
Questions about 1102, Al Majara Tower 1
What did unit 1102 last sell for?
AED 1,537,000 on 23 April 2012, sold by the developer: AED 747 per sqft for 2,057 sqft. It is the only registered sale of the unit.
What is the rent for unit 1102?
AED 300,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 300,000; the unit has been rented since July 2013.
How big is unit 1102?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 11th floor of a 28-storey tower completed in 2006.
What is unit 1102 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 1102, Al Majara Tower 1
Starts from the last sale price (AED 1.54M, 23 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,537,000
- Deposit, UAE resident (20%)
- AED 307,400
- Deposit, non-resident (40%)
- AED 614,800
- Monthly over 25 years at 3.7%
- AED 6,288
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →