3-bed · 2,787 sqftAl Majara Tower 1, Dubai Marina · Ground floor · completed 2006

G03, Al Majara Tower 1

Sold prices and rental history: sold once, by the developer in August 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 6 August 2008
Last soldAED 1.42M6 August 2008
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Al Majara Tower 1

What is G03 worth today?

Last sold for AED 1,419,555 in 2008

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6 Aug 2008Sold by developerReady
AED 1,419,555AED 509 per sqft

Source: Dubai Land Department. Updated 6 August 2008.

Key facts

Type
3-bed apartment
Size
2,787 sqft
Floor
Ground of 28
Parking
553 , 554
Developer
Emaar
Completed
2006
Service charge
AED 42,100 /yr
Last sold
AED 1.42M · August 2008

About G03, Al Majara Tower 1

G03 is a three-bedroom apartment of 2,787 sqft on the ground floor of Al Majara Tower 1, a 28-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 6 August 2008 for AED 1,419,555, or AED 509 per sqft, 21% below the AED 648 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical three-bed in Al Majara Tower 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,739,750; 2009 AED 1,750,000; 2010 AED 1,427,222; 2011 AED 1,680,000; 2012 AED 2,550,000; 2013 AED 2,740,000; 2015 AED 3,300,000; 2016 AED 3,075,000; 2017 AED 1,430,000; 2019 AED 2,217,900; 2025 AED 4,250,000Sold by developer, August 2008: AED 1,419,555 (AED 509 per sqft)

G03 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G03, each contractTypical three-bed in Al Majara Tower 1
150K200K250K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 171,625; 2014 AED 240,000; 2015 AED 245,000; 2016 AED 225,000; 2017 AED 222,500; 2018 AED 208,505; 2019 AED 175,000; 2020 AED 153,502; 2021 AED 155,000; 2022 AED 180,000; 2023 AED 200,000; 2024 AED 220,000; 2025 AED 230,000; 2026 AED 233,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Majara Tower 1, and where G03 sits

All 36 3-beds →

G03 last sold in August 2008 at AED 509 per sqft, 21% below what three-beds in Al Majara Tower 1 were fetching at the time (AED 648). Over the last 12 months three-beds sold for AED 3,500,000 to 4,600,000, around AED 1,980 per sqft, and rent for AED 184,000 to 300,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20264,600,000
22 Jul 20263,500,000
27 Oct 20254,250,000
14 Feb 20254,300,000
2 3-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 ground floor

All 188 units in Al Majara Tower 1
Value
G022-bedAED 1.48M · Jun 2020
G041-bedAED 1.68M · Feb 2024

G03, Al Majara Tower 1 in numbers

  • Sold once: by Emaar on 6 August 2008 for AED 1,419,555, or AED 509 per sqft.
  • Three-beds in Al Majara Tower 1 sold for AED 3,500,000–4,600,000 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 August 2008.

Questions about G03, Al Majara Tower 1

What did unit G03 last sell for?

AED 1,419,555 on 6 August 2008, sold by the developer: AED 509 per sqft for 2,787 sqft. It is the only registered sale of the unit.

How big is unit G03?

2,787 sqft (258.9 sqm): a three-bedroom apartment on the ground floor of a 28-storey tower completed in 2006.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Majara Tower 1 sold for AED 3,500,000 to 4,600,000 in the last 12 months, around AED 1,980 per sqft.

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Mortgage on G03, Al Majara Tower 1

Starts from the last sale price (AED 1.42M, 6 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,419,555
Deposit, UAE resident (20%)
AED 283,911
Deposit, non-resident (40%)
AED 567,822
Monthly over 25 years at 3.7%
AED 5,808

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