2-bed · 1,591 sqftAl Majara Tower 1, Dubai Marina · 14th floor · completed 2006

1403, Al Majara Tower 1

Sold prices and rental history: sold twice, last in April 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 1.2M23 April 2008
Current rentAED 180K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Al Majara Tower 1

What is 1403 worth today?

Last sold for AED 1,200,000 in 2008

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16 Apr 2026RentedNew contract
AED 180,000/yr12 months · AED 113 per sqft
15 Apr 2025RentedRenewal
AED 180,000/yr12 months · AED 113 per sqft
15 Apr 2025RentedRenewal
AED 180,000/yr12 months · AED 113 per sqft
15 Apr 2024RentedNew contract
AED 180,000/yr12 months · AED 113 per sqft
15 Apr 2024RentedNew contract
AED 180,000/yr12 months · AED 113 per sqft
30 Jan 2024RentedRenewal
AED 167,302/yr2 months · AED 106 per sqft
30 Jan 2024RentedRenewal
AED 167,302/yr2 months · AED 106 per sqft
30 Jan 2023RentedNew contract
AED 165,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
2-bed apartment
Size
1,591 sqft
Floor
14th of 28
Parking
6
Developer
Emaar
Completed
2006
Service charge
AED 24,000 /yr
Last sold
AED 1.2M · April 2008

About 1403, Al Majara Tower 1

1403 is a two-bedroom apartment of 1,591 sqft on the 14th 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 2008 for AED 1,200,000, or AED 754 per sqft, 20% below the AED 939 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 16 April 2026, is AED 180,000 a year: a gross yield of 15.0% on the 2008 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 2008: AED 1,200,000 (AED 754 per sqft)Sold, April 2008: AED 1,662,888 (AED 1,045 per sqft)

1403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, 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, August 2013: AED 170,000 a yearNew contract, October 2017: AED 170,000 a yearRenewal, October 2018: AED 165,000 a yearRenewal, October 2019: AED 150,000 a yearRenewal, October 2020: AED 122,500 a yearNew contract, October 2021: AED 125,000 a yearRenewal, October 2022: AED 140,000 a yearNew contract, January 2023: AED 165,000 a yearRenewal, January 2024: AED 167,302 a yearRenewal, January 2024: AED 167,302 a yearNew contract, April 2024: AED 180,000 a yearNew contract, April 2024: AED 180,000 a yearRenewal, April 2025: AED 180,000 a yearRenewal, April 2025: AED 180,000 a yearNew contract, April 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 1403 sits

All 77 2-beds →

1403 last sold in April 2008 at AED 754 per sqft, 20% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 939). 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. 1403'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 14th floor

All 188 units in Al Majara Tower 1
Value
14011-bedAED 1.84M · Jun 2017
14023-bedAED 822K · Oct 2011
14042-bedAED 1.58M · Oct 2022
14051-bedAED 1.01M · Mar 2022
14061-bedAED 1.22M · Sep 2015
14072-bedAED 2.78M · Jan 2024

1403, Al Majara Tower 1 in numbers

  • Sold twice: first on 23 April 2008 for AED 1,662,888, last on 23 April 2008 for AED 1,200,000 (AED 754 per sqft).
  • Rented since August 2013 on 15 Ejari contracts. The rent fell from AED 170,000 to AED 122,500 in 2020 and recovered to AED 180,000 by April 2026.
  • At AED 180,000 a year the gross yield on the 2008 price is 15.0%, 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 16 April 2026.

Questions about 1403, Al Majara Tower 1

What did unit 1403 last sell for?

AED 1,200,000 on 23 April 2008, sold by the developer: AED 754 per sqft for 1,591 sqft. The unit has 2 registered sales; the first was AED 1,662,888 in April 2008.

What is the rent for unit 1403?

AED 180,000 a year on the contract signed on 16 April 2026. The previous contract, from April 2025, was AED 180,000; the unit has been rented since August 2013.

How big is unit 1403?

1,591 sqft (147.8 sqm): a two-bedroom apartment on the 14th floor of a 28-storey tower completed in 2006.

What is unit 1403 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 1403, Al Majara Tower 1

Starts from the last sale price (AED 1.2M, 23 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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