M3, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in April 2010, 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 M3, Al Majara Tower 2
What is M3 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,099 sqft
- Floor
- Ground of 31
- Parking
- 162
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,600 /yr
- Last sold
- AED 728K · April 2010
- Building
- Al Majara Tower 2
About M3, Al Majara Tower 2
M3 is a one-bedroom apartment of 1,099 sqft on the ground floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 6 April 2010 for AED 727,980, or AED 662 per sqft, 16% below the AED 786 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 120,000 a year: a gross yield of 16.5% on the 2010 price, before the service charge of about AED 16,600 a year.
Sales and rents for M3 over time
M3 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 2, and where M3 sits
All 149 1-beds →M3 last sold in April 2010 at AED 662 per sqft, 16% below what one-beds in Al Majara Tower 2 were fetching at the time (AED 786). Over the last 12 months one-beds sold for AED 1,400,000 to 2,125,000, around AED 1,990 per sqft, and rent for AED 65,000 to 140,000 a year. M3's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 842 sqft | 1,425,000 | 1,692 | ||
| 11 Sep 202611 September 2026 | 841 sqft | 2,110,000 | 2,508 | ||
| 21 Jul 202621 July 2026 | 841 sqft | 1,700,000 | 2,021 | ||
| 21 May 202621 May 2026 | 842 sqft | 1,400,000 | 1,662 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,166 Up 5.0%
- Typical sale
- AED 2.13M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.3%
Other units on the ground floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | 1-bed | 971 sqft | AED 621KAED 620,800 · Mar 2018March 2018 | 90,000 /yr | |
| G08 | 2-bed | 1,303 sqft | AED 1.34MAED 1,342,554 · Oct 2021October 2021 | 170,000 /yr | |
| M08 | 2-bed | 1,521 sqft | AED 2.4MAED 2,400,000 · Mar 2024March 2024 | 92,400 /yr | |
| M1 | 1-bed | 1,026 sqft | AED 1.22MAED 1,220,000 · Mar 2013March 2013 | ||
| M2 | 1-bed | 1,463 sqft | AED 2MAED 2,000,000 · Jan 2017January 2017 | 125,000 /yr |
M3, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 6 April 2010 for AED 727,980, or AED 662 per sqft.
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 138,000 to AED 10,000 in 2020 and recovered to AED 120,000 by November 2025.
- At AED 120,000 a year the gross yield on the 2010 price is 16.5%, before a service charge of about AED 16,600 a year (AED 15.11 per sqft).
- One-beds in Al Majara Tower 2 sold for AED 1,400,000–2,125,000 in the 12 months to November 2026; the building's median across all types is AED 2,166 per sqft.
Source: Dubai Land Department. Updated 15 November 2025.
Questions about M3, Al Majara Tower 2
What did unit M3 last sell for?
AED 727,980 on 6 April 2010, sold by the developer: AED 662 per sqft for 1,099 sqft. It is the only registered sale of the unit.
What is the rent for unit M3?
AED 120,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 120,000; the unit has been rented since January 2015.
How big is unit M3?
1,099 sqft (102.1 sqm): a one-bedroom apartment on the ground floor of a 31-storey tower completed in 2006.
What is unit M3 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 2 sold for AED 1,400,000 to 2,125,000 in the last 12 months, around AED 1,990 per sqft.
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Mortgage on M3, Al Majara Tower 2
Starts from the last sale price (AED 728K, 6 April 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 727,980
- Deposit, UAE resident (20%)
- AED 145,596
- Deposit, non-resident (40%)
- AED 291,192
- Monthly over 25 years at 3.7%
- AED 2,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →