1-bed · 929 sqftAl Majara Tower 1, Dubai Marina · 15th floor · completed 2006

1505, Al Majara Tower 1

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 1.6M12 May 2014
Current rentAED 110K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Al Majara Tower 1

What is 1505 worth today?

Last sold for AED 1,600,000 in 2014

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30 Jan 2026RentedNew contract
AED 110,000/yr12 months · AED 119 per sqft
31 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 119 per sqft
1 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
12 May 2014SoldReady
AED 1,600,000AED 1,722 per sqft
2 Jun 2013RentedNew contract
AED 85,000/yr12 months · AED 92 per sqft
8 Jan 2008Sold by developerReady
AED 410,000AED 441 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
15th of 28
Parking
183
Developer
Emaar
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.6M · May 2014

About 1505, Al Majara Tower 1

1505 is a one-bedroom apartment of 929 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 12 May 2014 for AED 1,600,000, or AED 1,722 per sqft, 21% above the AED 1,426 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 30 January 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical sale price by year: 2008 AED 757,368; 2009 AED 474,000; 2010 AED 650,500; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,175,000; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,275,000; 2017 AED 1,500,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,857,500; 2026 AED 1,900,000Sold by developer, January 2008: AED 410,000 (AED 441 per sqft)Sold, May 2014: AED 1,600,000 (AED 1,722 per sqft)

1505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1505, each contractTypical one-bed in Al Majara Tower 1
75K100K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 87,500; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 111,151; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 80,300; 2023 AED 93,000; 2024 AED 104,500; 2025 AED 102,000; 2026 AED 100,000New contract, June 2013: AED 85,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, January 2025: AED 110,000 a yearNew contract, January 2026: AED 110,000 a year

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 1505 sits

All 75 1-beds →

1505 last sold in May 2014 at AED 1,722 per sqft, 21% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,426). 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. 1505's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 20261,675,000
3 Aug 20261,620,000
15 Jul 20262,350,000
22 Jun 20262,000,000
5 1-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 15th floor

All 188 units in Al Majara Tower 1
Value
15011-bedAED 1.87M · Jul 2025
15023-bedAED 2.14M · Apr 2019
15032-bedAED 2.9M · Jul 2008
15042-bedAED 1.25M · Oct 2011
15061-bedAED 532K · Mar 2015
15072-bedAED 477K · Oct 2021

1505, Al Majara Tower 1 in numbers

  • Sold twice: first on 8 January 2008 for AED 410,000, last on 12 May 2014 for AED 1,600,000 (AED 1,722 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 85,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 14,000 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 30 January 2026.

Questions about 1505, Al Majara Tower 1

What did unit 1505 last sell for?

AED 1,600,000 on 12 May 2014: AED 1,722 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 410,000 in January 2008.

What is the rent for unit 1505?

AED 110,000 a year on the contract signed on 30 January 2026. The previous contract, from January 2025, was AED 110,000; the unit has been rented since June 2013.

How big is unit 1505?

929 sqft (86.3 sqm): a one-bedroom apartment on the 15th floor of a 28-storey tower completed in 2006.

What is unit 1505 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.

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Mortgage on 1505, Al Majara Tower 1

Starts from the last sale price (AED 1.6M, 12 May 2014). 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 →