1705, Al Majara Tower 1
Sold prices and rental history: sold twice, last in December 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1705, Al Majara Tower 1
What is 1705 worth today?
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Source: Dubai Land Department. Updated 7 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 17th of 28
- Parking
- 171
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.37M · December 2022
- Building
- Al Majara Tower 1
About 1705, Al Majara Tower 1
1705 is a one-bedroom apartment of 929 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 7 December 2022 for AED 1,370,000, or AED 1,474 per sqft, 4% above the AED 1,424 one-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 13 December 2019, is AED 70,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 14,000 a year.
Sales and rents for 1705 over time
1705 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 1705 sits
All 75 1-beds →1705 last sold in December 2022 at AED 1,474 per sqft, 4% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,424). 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. 1705's AED 70,000 is at the bottom 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 17th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 951 sqft | AED 1.45MAED 1,450,000 · Jul 2018July 2018 | 110,000 /yr | |
| 1702 | 3-bed | 2,057 sqft | AED 4.3MAED 4,300,000 · Feb 2025February 2025 | 220,000 /yr | |
| 1703 | 2-bed | 1,591 sqft | AED 1.1MAED 1,100,000 · May 2016May 2016 | 186,000 /yr | |
| 1704 | 2-bed | 1,324 sqft | AED 2.33MAED 2,325,000 · Dec 2023December 2023 | 134,789 /yr | |
| 1706 | 1-bed | 841 sqft | AED 650KAED 650,000 · Mar 2011March 2011 | 94,500 /yr | |
| 1707 | 2-bed | 1,338 sqft | AED 1.7MAED 1,700,000 · Dec 2021December 2021 | 170,000 /yr |
1705, Al Majara Tower 1 in numbers
- Sold twice: first on 21 December 2009 for AED 680,000, last on 7 December 2022 for AED 1,370,000 (AED 1,474 per sqft).
- Rented since July 2013 on 3 Ejari contracts, from AED 80,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 5.1%, 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 7 December 2022.
Questions about 1705, Al Majara Tower 1
What did unit 1705 last sell for?
AED 1,370,000 on 7 December 2022: AED 1,474 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 680,000 in December 2009.
What is the rent for unit 1705?
AED 70,000 a year on the contract signed on 13 December 2019. The previous contract, from September 2018, was AED 84,530; the unit has been rented since July 2013.
How big is unit 1705?
929 sqft (86.3 sqm): a one-bedroom apartment on the 17th floor of a 28-storey tower completed in 2006.
What is unit 1705 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 1705, Al Majara Tower 1
Starts from the last sale price (AED 1.37M, 7 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →