1302, Al Majara Tower 1
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Al Majara Tower 1
What is 1302 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 13th of 28
- Parking
- 293 , 294
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.9M · June 2013
- Building
- Al Majara Tower 1
About 1302, Al Majara Tower 1
1302 is a three-bedroom apartment of 2,057 sqft on the 13th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 30 June 2013 for AED 2,900,000, or AED 1,409 per sqft, 15% above the AED 1,222 three-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 250,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 31,100 a year.
Sales and rents for 1302 over time
1302 has sold twice; 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 1302 sits
All 36 3-beds →1302 last sold in June 2013 at AED 1,409 per sqft, 15% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,222). 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. 1302's AED 250,000 is in the upper half 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 13th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 951 sqft | AED 815KAED 814,888 · Dec 2013December 2013 | 77,000 /yr | |
| 1303 | 2-bed | 1,591 sqft | AED 1.6MAED 1,600,000 · Apr 2011April 2011 | 180,000 /yr | |
| 1304 | 2-bed | 1,324 sqft | AED 2.1MAED 2,100,000 · Jul 2013July 2013 | 125,000 /yr | |
| 1305 | 1-bed | 929 sqft | AED 820KAED 820,000 · Jul 2010July 2010 | ||
| 1306 | 1-bed | 841 sqft | AED 1.2MAED 1,200,000 · Aug 2013August 2013 | 80,000 /yr | |
| 1307 | 2-bed | 1,338 sqft | AED 2.3MAED 2,300,000 · Oct 2024October 2024 | 230,000 /yr |
1302, Al Majara Tower 1 in numbers
- Sold twice: first on 12 October 2009 for AED 813,000, last on 30 June 2013 for AED 2,900,000 (AED 1,409 per sqft).
- Rented since May 2022 on 4 Ejari contracts, from AED 215,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2013 price is 8.6%, 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 15 September 2024.
Questions about 1302, Al Majara Tower 1
What did unit 1302 last sell for?
AED 2,900,000 on 30 June 2013: AED 1,409 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 813,000 in October 2009.
What is the rent for unit 1302?
AED 250,000 a year on the contract signed on 15 September 2024. The previous contract, from September 2024, was AED 250,000; the unit has been rented since May 2022.
How big is unit 1302?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 13th floor of a 28-storey tower completed in 2006.
What is unit 1302 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 1302, Al Majara Tower 1
Starts from the last sale price (AED 2.9M, 30 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →