1406, Al Majara Tower 1
Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Al Majara Tower 1
What is 1406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 March 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 14th of 28
- Parking
- 3
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.22M · September 2015
- Building
- Al Majara Tower 1
About 1406, Al Majara Tower 1
1406 is a one-bedroom apartment of 841 sqft on the 14th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 9 September 2015 for AED 1,220,000, or AED 1,450 per sqft, 8% above the AED 1,345 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 22 March 2018, is AED 116,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1406 over time
1406 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 1406 sits
All 75 1-beds →1406 last sold in September 2015 at AED 1,450 per sqft, 8% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,345). 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. 1406's AED 116,000 is in the upper 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 14th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 951 sqft | AED 1.84MAED 1,835,000 · Jun 2017June 2017 | 97,125 /yr | |
| 1402 | 3-bed | 2,057 sqft | AED 822KAED 821,750 · Oct 2011October 2011 | ||
| 1403 | 2-bed | 1,591 sqft | AED 1.66MAED 1,662,888 · Apr 2008April 2008 | 180,000 /yr | |
| 1404 | 2-bed | 1,324 sqft | AED 1.58MAED 1,580,000 · Oct 2022October 2022 | 90,000 /yr | |
| 1405 | 1-bed | 929 sqft | AED 1.01MAED 1,010,000 · Mar 2022March 2022 | 95,000 /yr | |
| 1407 | 2-bed | 1,338 sqft | AED 2.78MAED 2,775,000 · Jan 2024January 2024 |
1406, Al Majara Tower 1 in numbers
- Sold twice: first on 19 January 2015 for AED 526,000, last on 9 September 2015 for AED 1,220,000 (AED 1,450 per sqft).
- Rented since December 2014 on 5 Ejari contracts, from AED 100,000 to AED 116,000 a year.
- At AED 116,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 12,700 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 22 March 2018.
Questions about 1406, Al Majara Tower 1
What did unit 1406 last sell for?
AED 1,220,000 on 9 September 2015: AED 1,450 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 526,000 in January 2015.
What is the rent for unit 1406?
AED 116,000 a year on the contract renewed on 22 March 2018. The previous contract, from March 2017, was AED 116,000; the unit has been rented since December 2014.
How big is unit 1406?
841 sqft (78.1 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2006.
What is unit 1406 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.
Selling 1406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1406, Al Majara Tower 1
Starts from the last sale price (AED 1.22M, 9 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,220,000
- Deposit, UAE resident (20%)
- AED 244,000
- Deposit, non-resident (40%)
- AED 488,000
- Monthly over 25 years at 3.7%
- AED 4,991
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →