1-bed · 929 sqftAl Majara Tower 1, Dubai Marina · 8th floor · completed 2006

805, Al Majara Tower 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 1.5M6 July 2023
Current rentAED 90K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Al Majara Tower 1

What is 805 worth today?

Last sold for AED 1,500,000 in 2023

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6 Jul 2023SoldReady
AED 1,500,000AED 1,614 per sqft
15 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 97 per sqft
1 Aug 2021RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
2 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
4 Apr 2019RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
4 Apr 2018RentedRenewal
AED 105,000/yr12 months · AED 113 per sqft
4 Apr 2017RentedRenewal
AED 115,000/yr12 months · AED 124 per sqft
4 Apr 2016RentedNew contract
AED 115,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
1-bed apartment
Size
929 sqft
Floor
8th of 28
Parking
25
Developer
Emaar
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 1.5M · July 2023

About 805, Al Majara Tower 1

805 is a one-bedroom apartment of 929 sqft on the 8th floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 6 July 2023 for AED 1,500,000, or AED 1,614 per sqft, in line with the AED 1,614 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 15 August 2022, is AED 90,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical one-bed in Al Majara Tower 1
1M2M2008201320182023Typical sale price by year: 2008 AED 757,368; 2009 AED 474,000; 2010 AED 650,500; 2011 AED 734,750; 2012 AED 875,000; 2013 AED 1,175,000; 2014 AED 1,537,500; 2015 AED 1,200,000; 2016 AED 1,275,000; 2017 AED 1,500,000; 2018 AED 1,450,000; 2020 AED 800,000; 2021 AED 956,500; 2022 AED 1,262,500; 2023 AED 1,500,000; 2024 AED 1,567,500; 2025 AED 1,857,500; 2026 AED 1,900,000Sold by developer, June 2010: AED 608,000 (AED 654 per sqft)Sold, July 2023: AED 1,500,000 (AED 1,614 per sqft)

805 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 805, each contractTypical one-bed in Al Majara Tower 1
75K100K2012201620202024Typical rent by year: 2012 AED 81,000; 2013 AED 87,500; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 111,151; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 72,000; 2022 AED 80,300; 2023 AED 93,000; 2024 AED 104,500; 2025 AED 102,000; 2026 AED 100,000New contract, March 2015: AED 115,000 a yearNew contract, April 2016: AED 115,000 a yearRenewal, April 2017: AED 115,000 a yearRenewal, April 2018: AED 105,000 a yearRenewal, April 2019: AED 80,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, August 2021: AED 65,000 a yearNew contract, August 2022: AED 90,000 a year

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 805 sits

All 75 1-beds →

805 last sold in July 2023 at AED 1,614 per sqft, in line with what one-beds in Al Majara Tower 1 were fetching at the time (AED 1,614). 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. 805's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Sep 20261,675,000
3 Aug 20261,620,000
15 Jul 20262,350,000
22 Jun 20262,000,000
5 1-bed sales in the last 12 months

Al Majara Tower 1

Building

188 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%
Al Majara Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 8th floor

All 188 units in Al Majara Tower 1
Value
8011-bedAED 1.5M · Dec 2017
8023-bedAED 3.57M · Sep 2024
8032-bedAED 549K · Dec 2009
8042-bedAED 2.98M · Oct 2025
8061-bedAED 1.3M · Dec 2014
8072-bedAED 2.15M · Jan 2024

805, Al Majara Tower 1 in numbers

  • Sold twice: first on 15 June 2010 for AED 608,000, last on 6 July 2023 for AED 1,500,000 (AED 1,614 per sqft).
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2020 and recovered to AED 90,000 by August 2022.
  • At AED 90,000 a year the gross yield on the 2023 price is 6.0%, 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 6 July 2023.

Questions about 805, Al Majara Tower 1

What did unit 805 last sell for?

AED 1,500,000 on 6 July 2023: AED 1,614 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 608,000 in June 2010.

What is the rent for unit 805?

AED 90,000 a year on the contract signed on 15 August 2022. The previous contract, from August 2021, was AED 65,000; the unit has been rented since March 2015.

How big is unit 805?

929 sqft (86.3 sqm): a one-bedroom apartment on the 8th floor of a 28-storey tower completed in 2006.

What is unit 805 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 805, Al Majara Tower 1

Starts from the last sale price (AED 1.5M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →