
501, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in September 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Al Majara Tower 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 22 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 951 sqft
- Floor
- 5th of 28
- Parking
- 695
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,400 /yr
- Last sold
- AED 614K · September 2008
- Building
- Al Majara Tower 1
About 501, Al Majara Tower 1
501 is a one-bedroom apartment of 951 sqft on the 5th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 18 September 2008 for AED 614,000, or AED 645 per sqft, 26% below the AED 871 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 137,000 a year: a gross yield of 22.3% on the 2008 price, before the service charge of about AED 14,400 a year.
Sales and rents for 501 over time
501 has sold once; 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 501 sits
All 75 1-beds →501 last sold in September 2008 at AED 645 per sqft, 26% below what one-beds in Al Majara Tower 1 were fetching at the time (AED 871). 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. 501's AED 137,000 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 5th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,057 sqft | AED 3MAED 3,000,000 · Mar 2023March 2023 | 220,000 /yr | |
| 503 | 2-bed | 1,591 sqft | AED 1.23MAED 1,228,888 · May 2008May 2008 | ||
| 504 | 2-bed | 1,324 sqft | AED 1.71MAED 1,710,000 · Jun 2022June 2022 | 90,000 /yr | |
| 505 | 1-bed | 929 sqft | AED 584KAED 584,000 · Mar 2010March 2010 | 80,000 /yr | |
| 506 | 1-bed | 841 sqft | AED 472KAED 472,000 · Mar 2013March 2013 | 70,000 /yr | |
| 507 | 2-bed | 1,338 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 280,000 /yr |
501, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 18 September 2008 for AED 614,000, or AED 645 per sqft.
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 137,000 by November 2025.
- At AED 137,000 a year the gross yield on the 2008 price is 22.3%, before a service charge of about AED 14,400 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 22 November 2025.
Questions about 501, Al Majara Tower 1
What did unit 501 last sell for?
AED 614,000 on 18 September 2008, sold by the developer: AED 645 per sqft for 951 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 137,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2025, was AED 125,000; the unit has been rented since April 2013.
How big is unit 501?
951 sqft (88.4 sqm): a one-bedroom apartment on the 5th floor of a 28-storey tower completed in 2006.
What is unit 501 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 501, Al Majara Tower 1
Starts from the last sale price (AED 614K, 18 September 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 614,000
- Deposit, UAE resident (20%)
- AED 122,800
- Deposit, non-resident (40%)
- AED 245,600
- Monthly over 25 years at 3.7%
- AED 2,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →