405, Al Majara Tower 1
Sold prices and rental history: sold 3 times, last in November 2013, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Al Majara Tower 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 17 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 4th of 28
- Parking
- 692
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 1.27M · November 2013
- Building
- Al Majara Tower 1
About 405, Al Majara Tower 1
405 is a one-bedroom apartment of 929 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 14 November 2013 for AED 1,265,000, or AED 1,361 per sqft, in line with the AED 1,353 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 17 July 2025, is AED 112,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 14,000 a year.
Sales and rents for 405 over time
405 has sold 3 times; 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 405 sits
All 75 1-beds →405 last sold in November 2013 at AED 1,361 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,353). 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. 405's AED 112,000 is in the upper half 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 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 | |
| 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 | ||
| 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 |
405, Al Majara Tower 1 in numbers
- Sold 3 times: first on 9 July 2008 for AED 1,000,000, last on 14 November 2013 for AED 1,265,000 (AED 1,361 per sqft).
- Rented since April 2011 on 10 Ejari contracts, from AED 65,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2013 price is 8.8%, 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 17 July 2025.
Questions about 405, Al Majara Tower 1
What did unit 405 last sell for?
AED 1,265,000 on 14 November 2013: AED 1,361 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in July 2008.
What is the rent for unit 405?
AED 112,000 a year on the contract renewed on 17 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since April 2011.
How big is unit 405?
929 sqft (86.3 sqm): a one-bedroom apartment on the 4th floor of a 28-storey tower completed in 2006.
What is unit 405 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 405, Al Majara Tower 1
Starts from the last sale price (AED 1.27M, 14 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,265,000
- Deposit, UAE resident (20%)
- AED 253,000
- Deposit, non-resident (40%)
- AED 506,000
- Monthly over 25 years at 3.7%
- AED 5,176
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →