706, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Al Majara Tower 1
What is 706 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 841 sqft
- Floor
- 7th of 28
- Parking
- 30
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 12,700 /yr
- Last sold
- AED 800K · September 2010
- Building
- Al Majara Tower 1
About 706, Al Majara Tower 1
706 is a one-bedroom apartment of 841 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 27 September 2010 for AED 800,000, or AED 951 per sqft, 45% above the AED 654 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 2 May 2026, is AED 110,000 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 12,700 a year.
Sales and rents for 706 over time
706 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 706 sits
All 75 1-beds →706 last sold in September 2010 at AED 951 per sqft, 45% above what one-beds in Al Majara Tower 1 were fetching at the time (AED 654). 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. 706's AED 110,000 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 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 | |
| 705 | 1-bed | 929 sqft | AED 600KAED 600,000 · Jun 2009June 2009 | 78,100 /yr | |
| 707 | 2-bed | 1,338 sqft | AED 750KAED 750,000 · Jul 2010July 2010 | 150,000 /yr |
706, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 27 September 2010 for AED 800,000, or AED 951 per sqft.
- Rented since May 2014 on 13 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2021 and recovered to AED 110,000 by May 2026.
- At AED 110,000 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 12,700 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 2 May 2026.
Questions about 706, Al Majara Tower 1
What did unit 706 last sell for?
AED 800,000 on 27 September 2010, sold by the developer: AED 951 per sqft for 841 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 110,000 a year on the contract renewed on 2 May 2026. The previous contract, from May 2025, was AED 104,000; the unit has been rented since May 2014.
How big is unit 706?
841 sqft (78.1 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2006.
What is unit 706 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.
Selling 706? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 706, Al Majara Tower 1
Starts from the last sale price (AED 800K, 27 September 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →