403, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Al Majara Tower 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 10 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 4th of 28
- Parking
- 690
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 525K · November 2009
- Building
- Al Majara Tower 1
About 403, Al Majara Tower 1
403 is a two-bedroom apartment of 1,591 sqft on the 4th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 18 November 2009 for AED 524,500, or AED 329 per sqft, 56% below the AED 746 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 10 January 2025, is AED 145,000 a year: a gross yield of 27.7% on the 2009 price, before the service charge of about AED 24,000 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 1, and where 403 sits
All 77 2-beds →403 last sold in November 2009 at AED 329 per sqft, 56% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 746). Over the last 12 months two-beds sold for AED 2,043,546 to 3,050,000, around AED 1,831 per sqft, and rent for AED 100,000 to 280,000 a year. 403's AED 145,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 1,324 sqft | 2,800,000 | 2,114 | ||
| 13 Jul 202613 July 2026 | 1,338 sqft | 2,043,546 | 1,527 | ||
| 4 Jun 20264 June 2026 | 1,338 sqft | 2,450,000 | 1,831 | ||
| 1 May 20261 May 2026 | 1,338 sqft | 3,050,000 | 2,279 |
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 | |
| 402 | 3-bed | 2,057 sqft | AED 2.75MAED 2,750,000 · Jul 2013July 2013 | 220,000 /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 |
403, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 18 November 2009 for AED 524,500, or AED 329 per sqft.
- Rented since December 2012 on 13 Ejari contracts, from AED 105,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2009 price is 27.7%, before a service charge of about AED 24,000 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 1 sold for AED 2,043,546–3,050,000 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 10 January 2025.
Questions about 403, Al Majara Tower 1
What did unit 403 last sell for?
AED 524,500 on 18 November 2009, sold by the developer: AED 329 per sqft for 1,591 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 145,000 a year on the contract renewed on 10 January 2025. The previous contract, from January 2025, was AED 145,000; the unit has been rented since December 2012.
How big is unit 403?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 4th floor of a 28-storey tower completed in 2006.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 1 sold for AED 2,043,546 to 3,050,000 in the last 12 months, around AED 1,831 per sqft.
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Mortgage on 403, Al Majara Tower 1
Starts from the last sale price (AED 525K, 18 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 524,500
- Deposit, UAE resident (20%)
- AED 104,900
- Deposit, non-resident (40%)
- AED 209,800
- Monthly over 25 years at 3.7%
- AED 2,146
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →