503, Al Majara Tower 3
Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Al Majara Tower 3
What is 503 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 25 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 5th of 9
- Parking
- 249 , 240
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,900 /yr
- Last sold
- AED 1.48M · May 2019
- Building
- Al Majara Tower 3
About 503, Al Majara Tower 3
503 is a two-bedroom apartment of 1,386 sqft on the 5th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 13 May 2019 for AED 1,480,000, or AED 1,067 per sqft, in line with the AED 1,096 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 149,598 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 20,900 a year.
Sales and rents for 503 over time
503 has sold 3 times; 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 3, and where 503 sits
All 35 2-beds →503 last sold in May 2019 at AED 1,067 per sqft, in line with what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,096). Over the last 12 months two-beds sold for AED 2,550,000 to 3,700,000, around AED 2,230 per sqft, and rent for AED 123,000 to 225,000 a year. 503's AED 149,598 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,401 sqft | 3,700,000 | 2,640 | ||
| 12 Dec 202512 December 2025 | 1,401 sqft | 2,550,000 | 1,820 | ||
| 16 Jun 202516 June 2025 | 1,401 sqft | 2,925,000 | 2,087 | ||
| 19 Sep 202419 September 2024 | 1,386 sqft | 3,275,000 | 2,362 |
Al Majara Tower 3
Building55 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2006 by Emaar. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,230
- Typical sale
- AED 3.13M
- Typical rent
- AED 139K /yr
- Typical yield
- 5.2%
Other units on the 5th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,401 sqft | AED 3.7MAED 3,700,000 · Oct 2026October 2026 | 155,000 /yr | |
| 502 | 1-bed | 869 sqft | AED 670KAED 669,800 · Apr 2008April 2008 | ||
| 504 | 2-bed | 1,386 sqft | AED 2.25MAED 2,250,000 · May 2023May 2023 | 100,000 /yr | |
| 505 | 1-bed | 869 sqft | AED 625KAED 625,000 · Nov 2009November 2009 | 105,000 /yr | |
| 506 | 2-bed | 1,401 sqft | AED 999KAED 998,800 · Aug 2013August 2013 | 155,045 /yr |
503, Al Majara Tower 3 in numbers
- Sold 3 times: first on 16 April 2008 for AED 2,350,000, last on 13 May 2019 for AED 1,480,000 (AED 1,067 per sqft).
- Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 110,000 in 2021 and recovered to AED 149,598 by January 2024.
- At AED 149,598 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 20,900 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 3 sold for AED 2,550,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,230 per sqft.
Source: Dubai Land Department. Updated 25 January 2024.
Questions about 503, Al Majara Tower 3
What did unit 503 last sell for?
AED 1,480,000 on 13 May 2019: AED 1,067 per sqft for 1,386 sqft. The unit has 3 registered sales; the first was AED 2,350,000 in April 2008.
What is the rent for unit 503?
AED 149,598 a year on the contract renewed on 25 January 2024. The previous contract, from January 2024, was AED 149,598; the unit has been rented since August 2019.
How big is unit 503?
1,386 sqft (128.8 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 503 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 3 sold for AED 2,550,000 to 3,700,000 in the last 12 months, around AED 2,230 per sqft.
Selling 503? 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 503, Al Majara Tower 3
Starts from the last sale price (AED 1.48M, 13 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →