1503, Al Majara Tower 1
Sold prices and rental history: sold twice, last in July 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Al Majara Tower 1
What is 1503 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 15th of 28
- Parking
- 185
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 2.9M · July 2008
- Building
- Al Majara Tower 1
About 1503, Al Majara Tower 1
1503 is a two-bedroom apartment of 1,591 sqft on the 15th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 10 July 2008 for AED 2,900,000, or AED 1,822 per sqft, 89% above the AED 964 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 5 September 2026, is AED 134,505 a year: a gross yield of 4.6% on the 2008 price, before the service charge of about AED 24,000 a year.
Sales and rents for 1503 over time
1503 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1503 sits
All 77 2-beds →1503 last sold in July 2008 at AED 1,822 per sqft, 89% above what two-beds in Al Majara Tower 1 were fetching at the time (AED 964). 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. 1503's AED 134,505 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,324 sqft | 2,800,000 | 2,114 | ||
| 13 Jul 202613 July 2026 | 1,338 sqft | 2,043,546 | 1,527 | ||
| 4 Jun 20264 June 2026 | 1,338 sqft | 2,450,000 | 1,831 | ||
| 1 May 20261 May 2026 | 1,338 sqft | 3,050,000 | 2,279 |
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 15th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 951 sqft | AED 1.87MAED 1,865,000 · Jul 2025July 2025 | 100,000 /yr | |
| 1502 | 3-bed | 2,057 sqft | AED 2.14MAED 2,135,000 · Apr 2019April 2019 | 202,009 /yr | |
| 1504 | 2-bed | 1,324 sqft | AED 1.25MAED 1,250,000 · Oct 2011October 2011 | 133,404 /yr | |
| 1505 | 1-bed | 929 sqft | AED 1.6MAED 1,600,000 · May 2014May 2014 | 110,000 /yr | |
| 1506 | 1-bed | 841 sqft | AED 532KAED 532,000 · Mar 2015March 2015 | 84,000 /yr | |
| 1507 | 2-bed | 1,338 sqft | AED 477KAED 476,555 · Oct 2021October 2021 | 150,000 /yr |
1503, Al Majara Tower 1 in numbers
- Sold twice: first on 23 April 2008 for AED 1,490,400, last on 10 July 2008 for AED 2,900,000 (AED 1,822 per sqft).
- Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 100,000 in 2021 and recovered to AED 134,505 by September 2026.
- At AED 134,505 a year the gross yield on the 2008 price is 4.6%, 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 5 September 2026.
Questions about 1503, Al Majara Tower 1
What did unit 1503 last sell for?
AED 2,900,000 on 10 July 2008: AED 1,822 per sqft for 1,591 sqft. The unit has 2 registered sales; the first was AED 1,490,400 in April 2008.
What is the rent for unit 1503?
AED 134,505 a year on the contract renewed on 5 September 2026. The previous contract, from September 2025, was AED 128,100; the unit has been rented since April 2015.
How big is unit 1503?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2006.
What is unit 1503 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 1503, Al Majara Tower 1
Starts from the last sale price (AED 2.9M, 10 July 2008). 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 →