1205, Al Majara Tower 1
Sold prices and rental history: sold twice, last in May 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 1205, Al Majara Tower 1
What is 1205 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 12th of 28
- Parking
- 36
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 900K · May 2012
- Building
- Al Majara Tower 1
About 1205, Al Majara Tower 1
1205 is a one-bedroom apartment of 929 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 20 May 2012 for AED 900,000, or AED 968 per sqft, 11% above the AED 875 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 10 May 2024, is AED 87,000 a year: a gross yield of 9.7% on the 2012 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1205 over time
1205 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1205 sits
All 75 1-beds →1205 last sold in May 2012 at AED 968 per sqft, 11% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 875). 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. 1205's AED 87,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Sep 202611 September 2026 | 841 sqft | 1,675,000 | 1,991 | ||
| 3 Aug 20263 August 2026 | 929 sqft | 1,620,000 | 1,743 | ||
| 15 Jul 202615 July 2026 | 951 sqft | 2,350,000 | 2,471 | ||
| 22 Jun 202622 June 2026 | 929 sqft | 2,000,000 | 2,152 |
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 | |
| 1202 | 3-bed | 2,057 sqft | AED 4.25MAED 4,250,000 · Oct 2025October 2025 | 170,887 /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 | |
| 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 |
1205, Al Majara Tower 1 in numbers
- Sold twice: first on 15 May 2012 for AED 640,000, last on 20 May 2012 for AED 900,000 (AED 968 per sqft).
- Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2020 and recovered to AED 87,000 by May 2024.
- At AED 87,000 a year the gross yield on the 2012 price is 9.7%, before a service charge of about AED 14,000 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 10 May 2024.
Questions about 1205, Al Majara Tower 1
What did unit 1205 last sell for?
AED 900,000 on 20 May 2012: AED 968 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 640,000 in May 2012.
What is the rent for unit 1205?
AED 87,000 a year on the contract signed on 10 May 2024. The previous contract, from July 2020, was AED 55,000; the unit has been rented since November 2013.
How big is unit 1205?
929 sqft (86.3 sqm): a one-bedroom apartment on the 12th floor of a 28-storey tower completed in 2006.
What is unit 1205 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 1205, Al Majara Tower 1
Starts from the last sale price (AED 900K, 20 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →