705, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in June 2009, 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 705, Al Majara Tower 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 11 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 929 sqft
- Floor
- 7th of 28
- Parking
- 31
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 14,000 /yr
- Last sold
- AED 600K · June 2009
- Building
- Al Majara Tower 1
About 705, Al Majara Tower 1
705 is a one-bedroom apartment of 929 sqft on the 7th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 16 June 2009 for AED 600,000, or AED 645 per sqft, 22% below the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 11 December 2025, is AED 78,100 a year: a gross yield of 13.0% on the 2009 price, before the service charge of about AED 14,000 a year.
Sales and rents for 705 over time
705 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 705 sits
All 75 1-beds →705 last sold in June 2009 at AED 645 per sqft, 22% below what one-beds in Al Majara Tower 1 were fetching at the time (AED 832). 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. 705's AED 78,100 is in the lower 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 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 | |
| 703 | 2-bed | 1,591 sqft | AED 2.9MAED 2,900,000 · Dec 2025December 2025 | 140,000 /yr | |
| 704 | 2-bed | 1,324 sqft | AED 2.05MAED 2,050,000 · Apr 2013April 2013 | 25,000 /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 |
705, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 16 June 2009 for AED 600,000, or AED 645 per sqft.
- Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2020 and recovered to AED 78,100 by December 2025.
- At AED 78,100 a year the gross yield on the 2009 price is 13.0%, 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 11 December 2025.
Questions about 705, Al Majara Tower 1
What did unit 705 last sell for?
AED 600,000 on 16 June 2009, sold by the developer: AED 645 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 78,100 a year on the contract renewed on 11 December 2025. The previous contract, from December 2024, was AED 78,100; the unit has been rented since May 2015.
How big is unit 705?
929 sqft (86.3 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2006.
What is unit 705 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 705, Al Majara Tower 1
Starts from the last sale price (AED 600K, 16 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →