803, Al Majara Tower 1
Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Al Majara Tower 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,591 sqft
- Floor
- 8th of 28
- Parking
- 27
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 24,000 /yr
- Last sold
- AED 549K · December 2009
- Building
- Al Majara Tower 1
About 803, Al Majara Tower 1
803 is a two-bedroom apartment of 1,591 sqft on the 8th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 14 December 2009 for AED 548,500, or AED 344 per sqft, 66% below the AED 1,019 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 110,250 a year: a gross yield of 20.1% on the 2009 price, before the service charge of about AED 24,000 a year.
Sales and rents for 803 over time
803 has sold once; 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 803 sits
All 77 2-beds →803 last sold in December 2009 at AED 344 per sqft, 66% below what two-beds in Al Majara Tower 1 were fetching at the time (AED 1,019). 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. 803's AED 110,250 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 8th floor
All 188 units in Al Majara Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 951 sqft | AED 1.5MAED 1,500,000 · Dec 2017December 2017 | 105,000 /yr | |
| 802 | 3-bed | 2,057 sqft | AED 3.57MAED 3,570,000 · Sep 2024September 2024 | ||
| 804 | 2-bed | 1,324 sqft | AED 2.98MAED 2,975,000 · Oct 2025October 2025 | 110,000 /yr | |
| 805 | 1-bed | 929 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 90,000 /yr | |
| 806 | 1-bed | 841 sqft | AED 1.3MAED 1,300,000 · Dec 2014December 2014 | 110,000 /yr | |
| 807 | 2-bed | 1,338 sqft | AED 2.15MAED 2,150,000 · Jan 2024January 2024 | 129,782 /yr |
803, Al Majara Tower 1 in numbers
- Sold once: by Emaar on 14 December 2009 for AED 548,500, or AED 344 per sqft.
- Rented since October 2012 on 12 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2021 and recovered to AED 110,250 by November 2023.
- At AED 110,250 a year the gross yield on the 2009 price is 20.1%, 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 10 November 2023.
Questions about 803, Al Majara Tower 1
What did unit 803 last sell for?
AED 548,500 on 14 December 2009, sold by the developer: AED 344 per sqft for 1,591 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 110,250 a year on the contract renewed on 10 November 2023. The previous contract, from November 2023, was AED 110,250; the unit has been rented since October 2012.
How big is unit 803?
1,591 sqft (147.8 sqm): a two-bedroom apartment on the 8th floor of a 28-storey tower completed in 2006.
What is unit 803 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 803, Al Majara Tower 1
Starts from the last sale price (AED 549K, 14 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 548,500
- Deposit, UAE resident (20%)
- AED 109,700
- Deposit, non-resident (40%)
- AED 219,400
- Monthly over 25 years at 3.7%
- AED 2,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →