703, Al Majara Tower 1
Sold prices and rental history: sold twice, last in December 2025, 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 703, Al Majara Tower 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 17 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 7th of 28
- Parking
- 33
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 2.9M · December 2025
- Building
- Al Majara Tower 1
About 703, Al Majara Tower 1
703 is a two-bedroom apartment of 1,591 sqft on the 7th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 17 December 2025 for AED 2,900,000, or AED 1,822 per sqft, in line with the AED 1,822 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 140,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 24,000 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 77 2-beds →703 last sold in December 2025 at AED 1,822 per sqft, in line with what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,822). 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. 703's AED 140,000 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 7th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 951 sqft | AED 630KAED 630,000 · Sep 2011September 2011 | ||
| 702 | 3-bed | 2,057 sqft | AED 1.36MAED 1,358,000 · Oct 2008October 2008 | 231,000 /yr | |
| 704 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Apr 2013April 2013 | 25,000 /yr | |
| 705 | 1-bed | 929 sqft | AED 600KAED 600,000 · Jun 2009June 2009 | 78,100 /yr | |
| 706 | 1-bed | 841 sqft | AED 800KAED 800,000 · Sep 2010September 2010 | 110,000 /yr | |
| 707 | 2-bed | 1,338 sqft | AED 750KAED 750,000 · Jul 2010July 2010 | 150,000 /yr |
703, Al Majara Tower 1 in numbers
- Sold twice: first on 17 March 2013 for AED 1,085,000, last on 17 December 2025 for AED 2,900,000 (AED 1,822 per sqft).
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 108,350 in 2023 and recovered to AED 140,000 by June 2024.
- At AED 140,000 a year the gross yield on the 2025 price is 4.8%, 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 17 December 2025.
Questions about 703, Al Majara Tower 1
What did unit 703 last sell for?
AED 2,900,000 on 17 December 2025: AED 1,822 per sqft for 1,591 sqft. The unit has 2 registered sales; the first was AED 1,085,000 in March 2013.
What is the rent for unit 703?
AED 140,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2024, was AED 140,000; the unit has been rented since November 2013.
How big is unit 703?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2006.
What is unit 703 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 703, Al Majara Tower 1
Starts from the last sale price (AED 2.9M, 17 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →