2-bed · 1,591 sqftAl Majara Tower 1, Dubai Marina · 13th floor · completed 2006

1303, Al Majara Tower 1

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.6M18 April 2011
Current rentAED 180K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Al Majara Tower 1

What is 1303 worth today?

Last sold for AED 1,600,000 in 2011

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27 Jul 2026RentedNew contract
AED 180,000/yr12 months · AED 113 per sqft
18 Feb 2025RentedRenewal
AED 170,400/yr10 months · AED 107 per sqft
18 Feb 2025RentedRenewal
AED 170,400/yr10 months · AED 107 per sqft
18 Feb 2024RentedRenewal
AED 163,000/yr12 months · AED 102 per sqft
18 Feb 2024RentedRenewal
AED 163,000/yr12 months · AED 102 per sqft
18 Feb 2023RentedRenewal
AED 153,000/yr12 months · AED 96 per sqft
18 Feb 2022RentedNew contract
AED 163,000/yr12 months · AED 102 per sqft
14 Feb 2021RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
2-bed apartment
Size
1,591 sqft
Floor
13th of 28
Parking
12
Developer
Emaar
Completed
2006
Service charge
AED 24,000 /yr
Last sold
AED 1.6M · April 2011

About 1303, Al Majara Tower 1

1303 is a two-bedroom apartment of 1,591 sqft on the 13th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 18 April 2011 for AED 1,600,000, or AED 1,005 per sqft, 32% above the AED 762 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 27 July 2026, is AED 180,000 a year: a gross yield of 11.3% on the 2011 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Al Majara Tower 1
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,480,000; 2009 AED 1,195,000; 2010 AED 1,087,500; 2011 AED 1,231,974; 2012 AED 1,300,000; 2013 AED 1,887,500; 2014 AED 2,350,000; 2015 AED 2,150,000; 2016 AED 1,830,000; 2017 AED 1,870,000; 2018 AED 2,045,000; 2019 AED 700,000; 2020 AED 1,212,500; 2021 AED 1,455,000; 2022 AED 1,800,000; 2023 AED 2,200,000; 2024 AED 2,300,000; 2025 AED 2,806,229; 2026 AED 2,625,000Sold by developer, April 2011: AED 1,600,000 (AED 1,005 per sqft)

1303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Al Majara Tower 1
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 137,348; 2014 AED 152,000; 2015 AED 156,000; 2016 AED 150,000; 2017 AED 147,000; 2018 AED 135,000; 2019 AED 119,800; 2020 AED 100,000; 2021 AED 99,750; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 140,000New contract, December 2013: AED 163,000 a yearNew contract, December 2014: AED 180,000 a yearRenewal, December 2015: AED 180,000 a yearRenewal, December 2016: AED 180,647 a yearNew contract, February 2018: AED 145,000 a yearRenewal, February 2019: AED 140,000 a yearRenewal, February 2020: AED 128,000 a yearNew contract, February 2021: AED 105,000 a yearNew contract, February 2022: AED 163,000 a yearRenewal, February 2023: AED 153,000 a yearRenewal, February 2024: AED 163,000 a yearRenewal, February 2024: AED 163,000 a yearRenewal, February 2025: AED 170,400 a yearRenewal, February 2025: AED 170,400 a yearNew contract, July 2026: AED 180,000 a year

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

2-beds in Al Majara Tower 1, and where 1303 sits

All 77 2-beds →

1303 last sold in April 2011 at AED 1,005 per sqft, 32% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 762). Over the last 12 months two-beds sold for AED 2,043,546 to 3,050,000, around AED 1,831 per sqft, and rent for AED 100,000 to 280,000 a year. 1303's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Oct 20262,800,000
13 Jul 20262,043,546
4 Jun 20262,450,000
1 May 20263,050,000
5 2-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 13th floor

All 188 units in Al Majara Tower 1
Value
13011-bedAED 815K · Dec 2013
13023-bedAED 2.9M · Jun 2013
13042-bedAED 2.1M · Jul 2013
13051-bedAED 820K · Jul 2010
13061-bedAED 1.2M · Aug 2013
13072-bedAED 2.3M · Oct 2024

1303, Al Majara Tower 1 in numbers

  • Sold once: by Emaar on 18 April 2011 for AED 1,600,000, or AED 1,005 per sqft.
  • Rented since December 2013 on 15 Ejari contracts. The rent fell from AED 163,000 to AED 105,000 in 2021 and recovered to AED 180,000 by July 2026.
  • At AED 180,000 a year the gross yield on the 2011 price is 11.3%, before a service charge of about AED 24,000 a year (AED 15.11 per sqft).
  • Two-beds in Al Majara Tower 1 sold for AED 2,043,546–3,050,000 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 July 2026.

Questions about 1303, Al Majara Tower 1

What did unit 1303 last sell for?

AED 1,600,000 on 18 April 2011, sold by the developer: AED 1,005 per sqft for 1,591 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 180,000 a year on the contract signed on 27 July 2026. The previous contract, from February 2025, was AED 170,400; the unit has been rented since December 2013.

How big is unit 1303?

1,591 sqft (147.8 sqm): a two-bedroom apartment on the 13th floor of a 28-storey tower completed in 2006.

What is unit 1303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 1 sold for AED 2,043,546 to 3,050,000 in the last 12 months, around AED 1,831 per sqft.

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Mortgage on 1303, Al Majara Tower 1

Starts from the last sale price (AED 1.6M, 18 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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