2804, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2804, Al Majara Tower 1
What is 2804 worth today?
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Source: Dubai Land Department. Updated 3 October 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,076 sqft
- Floor
- 28th of 28
- Parking
- 191 , 197
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,400 /yr
- Last sold
- AED 2.5M · October 2021
- Building
- Al Majara Tower 1
About 2804, Al Majara Tower 1
2804 is a three-bedroom apartment of 2,076 sqft on the 28th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 3 October 2021 for AED 2,500,000, or AED 1,204 per sqft, in line with the AED 1,204 three-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 17 January 2020, is AED 155,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 31,400 a year.
Sales and rents for 2804 over time
2804 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 2804 sits
All 36 3-beds →2804 last sold in October 2021 at AED 1,204 per sqft, in line with what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,204). 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. 2804's AED 155,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 2,513 sqft | 4,600,000 | 1,830 | ||
| 22 Jul 202622 July 2026 | 1,643 sqft | 3,500,000 | 2,130 | ||
| 27 Oct 202527 October 2025 | 2,057 sqft | 4,250,000 | 2,066 | ||
| 14 Feb 202514 February 2025 | 2,057 sqft | 4,300,000 | 2,090 |
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 28th floor
All 188 units in Al Majara Tower 12804, Al Majara Tower 1 in numbers
- Sold 3 times: first on 17 March 2011 for AED 2,080,000, last on 3 October 2021 for AED 2,500,000 (AED 1,204 per sqft).
- Rented since January 2019 on 2 Ejari contracts, from AED 170,000 to AED 155,000 a year.
- At AED 155,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 31,400 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 3 October 2021.
Questions about 2804, Al Majara Tower 1
What did unit 2804 last sell for?
AED 2,500,000 on 3 October 2021: AED 1,204 per sqft for 2,076 sqft. The unit has 3 registered sales; the first was AED 2,080,000 in March 2011.
What is the rent for unit 2804?
AED 155,000 a year on the contract renewed on 17 January 2020. The previous contract, from January 2019, was AED 170,000.
How big is unit 2804?
2,076 sqft (192.9 sqm): a three-bedroom apartment on the 28th floor of a 28-storey tower completed in 2006.
What is unit 2804 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 2804, Al Majara Tower 1
Starts from the last sale price (AED 2.5M, 3 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →