402, Al Majara Tower 1
Sold prices and rental history: sold twice, last in July 2013, 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 402, Al Majara Tower 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 3 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,057 sqft
- Floor
- 4th of 28
- Parking
- 560 , 561
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 31,100 /yr
- Last sold
- AED 2.75M · July 2013
- Building
- Al Majara Tower 1
About 402, Al Majara Tower 1
402 is a three-bedroom apartment of 2,057 sqft on the 4th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 15 July 2013 for AED 2,750,000, or AED 1,336 per sqft, 9% above the AED 1,222 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, signed on 3 July 2026, is AED 220,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 31,100 a year.
Sales and rents for 402 over time
402 has sold twice; 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 402 sits
All 36 3-beds →402 last sold in July 2013 at AED 1,336 per sqft, 9% above what three-beds in Al Majara Tower 1 were fetching at the time (AED 1,222). 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. 402's AED 220,000 is in the lower half 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 4th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 951 sqft | AED 606KAED 606,000 · Oct 2018October 2018 | 80,000 /yr | |
| 403 | 2-bed | 1,591 sqft | AED 525KAED 524,500 · Nov 2009November 2009 | 145,000 /yr | |
| 404 | 2-bed | 1,324 sqft | AED 2.1MAED 2,100,000 · Apr 2025April 2025 | ||
| 405 | 1-bed | 929 sqft | AED 1.27MAED 1,265,000 · Nov 2013November 2013 | 112,000 /yr | |
| 406 | 1-bed | 412 sqft | AED 500KAED 500,000 · Jan 2023January 2023 | 80,000 /yr | |
| 407 | 2-bed | 1,338 sqft | AED 2.2MAED 2,200,000 · Dec 2023December 2023 | 148,000 /yr |
402, Al Majara Tower 1 in numbers
- Sold twice: first on 4 July 2013 for AED 1,322,000, last on 15 July 2013 for AED 2,750,000 (AED 1,336 per sqft).
- Rented since February 2015 on 14 Ejari contracts. The rent fell from AED 260,000 to AED 165,000 in 2020 and recovered to AED 220,000 by July 2026.
- At AED 220,000 a year the gross yield on the 2013 price is 8.0%, 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 3 July 2026.
Questions about 402, Al Majara Tower 1
What did unit 402 last sell for?
AED 2,750,000 on 15 July 2013: AED 1,336 per sqft for 2,057 sqft. The unit has 2 registered sales; the first was AED 1,322,000 in July 2013.
What is the rent for unit 402?
AED 220,000 a year on the contract signed on 3 July 2026. The previous contract, from January 2026, was AED 235,000; the unit has been rented since February 2015.
How big is unit 402?
2,057 sqft (191.1 sqm): a three-bedroom apartment on the 4th floor of a 28-storey tower completed in 2006.
What is unit 402 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 402, Al Majara Tower 1
Starts from the last sale price (AED 2.75M, 15 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →