3-bed · 2,057 sqftAl Majara Tower 1, Dubai Marina · 17th floor · completed 2006

1702, Al Majara Tower 1

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 4.3M14 February 2025
Current rentAED 220K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Al Majara Tower 1

What is 1702 worth today?

Last sold for AED 4,300,000 in 2025

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2 Jun 2025RentedNew contract
AED 220,000/yr25 months · AED 107 per sqft
2 Jun 2025RentedNew contract
AED 220,000/yr25 months · AED 107 per sqft
14 Feb 2025SoldReady
AED 4,300,000AED 2,090 per sqft
18 Apr 2022RentedNew contract
AED 180,000/yr24 months · AED 88 per sqft
14 Feb 2021RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
20 Nov 2018RentedRenewal
AED 190,000/yr12 months · AED 92 per sqft
20 Nov 2017RentedNew contract
AED 210,000/yr12 months · AED 102 per sqft
1 Sep 2015RentedRenewal
AED 255,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
3-bed apartment
Size
2,057 sqft
Floor
17th of 28
Parking
218 , 219
Developer
Emaar
Completed
2006
Service charge
AED 31,100 /yr
Last sold
AED 4.3M · February 2025

About 1702, Al Majara Tower 1

1702 is a three-bedroom apartment of 2,057 sqft on the 17th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 14 February 2025 for AED 4,300,000, or AED 2,090 per sqft, 14% above the AED 1,835 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 June 2025, is AED 220,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical three-bed in Al Majara Tower 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,739,750; 2009 AED 1,750,000; 2010 AED 1,427,222; 2011 AED 1,680,000; 2012 AED 2,550,000; 2013 AED 2,740,000; 2015 AED 3,300,000; 2016 AED 3,075,000; 2017 AED 1,430,000; 2019 AED 2,217,900; 2025 AED 4,250,000Sold, May 2013: AED 3,000,000 (AED 1,458 per sqft)Sold by developer, May 2013: AED 1,696,000 (AED 824 per sqft)Sold, February 2025: AED 4,300,000 (AED 2,090 per sqft)

1702 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, each contractTypical three-bed in Al Majara Tower 1
200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 171,625; 2014 AED 240,000; 2015 AED 245,000; 2016 AED 225,000; 2017 AED 222,500; 2018 AED 208,505; 2019 AED 175,000; 2020 AED 153,502; 2021 AED 155,000; 2022 AED 180,000; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 230,000; 2026 AED 233,000New contract, September 2014: AED 255,000 a yearRenewal, September 2015: AED 255,000 a yearNew contract, November 2017: AED 210,000 a yearRenewal, November 2018: AED 190,000 a yearNew contract, February 2021: AED 140,000 a yearNew contract, April 2022: AED 180,000 a yearNew contract, June 2025: AED 220,000 a yearNew contract, June 2025: AED 220,000 a year

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

3-beds in Al Majara Tower 1, and where 1702 sits

All 36 3-beds →

1702 last sold in February 2025 at AED 2,090 per sqft, 14% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,835). Over the last 12 months three-beds sold for AED 3,500,000 to 4,600,000, around AED 1,980 per sqft, and rent for AED 184,000 to 300,000 a year. 1702's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20264,600,000
22 Jul 20263,500,000
27 Oct 20254,250,000
9 Jan 20253,950,000
2 3-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 17th floor

All 188 units in Al Majara Tower 1
Value
17011-bedAED 1.45M · Jul 2018
17032-bedAED 1.1M · May 2016
17042-bedAED 2.33M · Dec 2023
17051-bedAED 1.37M · Dec 2022
17061-bedAED 650K · Mar 2011
17072-bedAED 1.7M · Dec 2021

1702, Al Majara Tower 1 in numbers

  • Sold 3 times: first on 5 May 2013 for AED 1,696,000, last on 14 February 2025 for AED 4,300,000 (AED 2,090 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 255,000 to AED 140,000 in 2021 and recovered to AED 220,000 by June 2025.
  • At AED 220,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 31,100 a year (AED 15.11 per sqft).
  • Three-beds in Al Majara Tower 1 sold for AED 3,500,000–4,600,000 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 2 June 2025.

Questions about 1702, Al Majara Tower 1

What did unit 1702 last sell for?

AED 4,300,000 on 14 February 2025: AED 2,090 per sqft for 2,057 sqft. The unit has 3 registered sales; the first was AED 1,696,000 in May 2013.

What is the rent for unit 1702?

AED 220,000 a year on the contract signed on 2 June 2025. The previous contract, from June 2025, was AED 220,000; the unit has been rented since September 2014.

How big is unit 1702?

2,057 sqft (191.1 sqm): a three-bedroom apartment on the 17th floor of a 28-storey tower completed in 2006.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Majara Tower 1 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 1,980 per sqft.

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Mortgage on 1702, Al Majara Tower 1

Starts from the last sale price (AED 4.3M, 14 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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