504, Al Majara Tower 3
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Al Majara Tower 3
What is 504 worth today?
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Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,386 sqft
- Floor
- 5th of 9
- Parking
- 452 , 454
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 20,900 /yr
- Last sold
- AED 2.25M · May 2023
- Building
- Al Majara Tower 3
About 504, Al Majara Tower 3
504 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 3 May 2023 for AED 2,250,000, or AED 1,623 per sqft, 11% above the AED 1,461 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 27 December 2021, is AED 100,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 20,900 a year.
Sales and rents for 504 over time
504 has sold 4 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 504 sits
All 35 2-beds →504 last sold in May 2023 at AED 1,623 per sqft, 11% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,461). 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. 504's AED 100,000 is at the bottom 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 | ||
| 503 | 2-bed | 1,386 sqft | AED 1.48MAED 1,480,000 · May 2019May 2019 | 149,598 /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 |
504, Al Majara Tower 3 in numbers
- Sold 4 times: first on 21 October 2008 for AED 1,025,800, last on 3 May 2023 for AED 2,250,000 (AED 1,623 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 180,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2023 price is 4.4%, 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 3 May 2023.
Questions about 504, Al Majara Tower 3
What did unit 504 last sell for?
AED 2,250,000 on 3 May 2023: AED 1,623 per sqft for 1,386 sqft. The unit has 4 registered sales; the first was AED 1,025,800 in October 2008.
What is the rent for unit 504?
AED 100,000 a year on the contract renewed on 27 December 2021. The previous contract, from December 2020, was AED 95,000; the unit has been rented since November 2014.
How big is unit 504?
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 504 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.
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Mortgage on 504, Al Majara Tower 3
Starts from the last sale price (AED 2.25M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →