1202, Al Majara Tower 1
Sold prices and rental history: sold 4 times, last in October 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Al Majara Tower 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 27 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 12th of 28
- Parking
- 225 , 231
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 4.25M · October 2025
- Building
- Al Majara Tower 1
About 1202, Al Majara Tower 1
1202 is a three-bedroom apartment of 2,057 sqft on the 12th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 October 2025 for AED 4,250,000, or AED 2,066 per sqft, in line with the AED 2,066 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 170,887 a year: a gross yield of 4.0% on the 2025 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1202 over time
1202 has sold 4 times; 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 1202 sits
All 36 3-beds →1202 last sold in October 2025 at AED 2,066 per sqft, in line with what three-beds in Al Majara Tower 1 were fetching at the time (AED 2,066). 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. 1202's AED 170,887 is at the bottom 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 | ||
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 | ||
| 9 Jan 20259 January 2025 | 2,057 sqft | 3,950,000 | 1,920 |
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 12th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 951 sqft | AED 2.3MAED 2,300,000 · Jun 2025June 2025 | 100,000 /yr | |
| 1203 | 2-bed | 1,591 sqft | AED 1.45MAED 1,450,000 · Dec 2019December 2019 | 120,000 /yr | |
| 1204 | 2-bed | 1,324 sqft | AED 1.85MAED 1,850,000 · May 2016May 2016 | 140,000 /yr | |
| 1205 | 1-bed | 929 sqft | AED 900KAED 900,000 · May 2012May 2012 | 87,000 /yr | |
| 1206 | 1-bed | 841 sqft | AED 1.15MAED 1,150,000 · Jul 2021July 2021 | 95,000 /yr | |
| 1207 | 2-bed | 1,338 sqft | AED 455KAED 455,250 · Jul 2010July 2010 | 130,000 /yr |
1202, Al Majara Tower 1 in numbers
- Sold 4 times: first on 29 June 2010 for AED 807,000, last on 27 October 2025 for AED 4,250,000 (AED 2,066 per sqft).
- Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 220,000 to AED 150,000 in 2020 and recovered to AED 170,887 by November 2024.
- At AED 170,887 a year the gross yield on the 2025 price is 4.0%, 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 27 October 2025.
Questions about 1202, Al Majara Tower 1
What did unit 1202 last sell for?
AED 4,250,000 on 27 October 2025: AED 2,066 per sqft for 2,057 sqft. The unit has 4 registered sales; the first was AED 807,000 in June 2010.
What is the rent for unit 1202?
AED 170,887 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 170,887; the unit has been rented since July 2017.
How big is unit 1202?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 12th floor of a 28-storey tower completed in 2006.
What is unit 1202 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 1202, Al Majara Tower 1
Starts from the last sale price (AED 4.25M, 27 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →