505, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Al Majara Tower 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 5th of 9
- Parking
- 281
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 13,100 /yr
- Last sold
- AED 625K · November 2009
- Building
- Al Majara Tower 3
About 505, Al Majara Tower 3
505 is a one-bedroom apartment of 869 sqft on the 5th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 2 November 2009 for AED 625,000, or AED 719 per sqft, 6% below the AED 768 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 105,000 a year: a gross yield of 16.8% on the 2009 price, before the service charge of about AED 13,100 a year.
Sales and rents for 505 over time
505 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 3, and where 505 sits
All 17 1-beds →505 last sold in November 2009 at AED 719 per sqft, 6% below what one-beds in Al Majara Tower 3 were fetching at the time (AED 768). 505's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jan 202411 January 2024 | 869 sqft | 1,500,000 | 1,726 | ||
| 13 Jan 202213 January 2022 | 869 sqft | 1,230,000 | 1,415 | ||
| 1 Jun 20211 June 2021 | 869 sqft | 1,170,000 | 1,346 | ||
| 27 Jan 202127 January 2021 | 443 sqft | 600,000 | 1,353 |
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 | |
| 504 | 2-bed | 1,386 sqft | AED 2.25MAED 2,250,000 · May 2023May 2023 | 100,000 /yr | |
| 506 | 2-bed | 1,401 sqft | AED 999KAED 998,800 · Aug 2013August 2013 | 155,045 /yr |
505, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 2 November 2009 for AED 625,000, or AED 719 per sqft.
- Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2020 and recovered to AED 105,000 by October 2025.
- At AED 105,000 a year the gross yield on the 2009 price is 16.8%, before a service charge of about AED 13,100 a year (AED 15.11 per sqft).
Source: Dubai Land Department. Updated 1 October 2025.
Questions about 505, Al Majara Tower 3
What did unit 505 last sell for?
AED 625,000 on 2 November 2009, sold by the developer: AED 719 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 105,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 100,000; the unit has been rented since September 2017.
How big is unit 505?
869 sqft (80.7 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 505, Al Majara Tower 3
Starts from the last sale price (AED 625K, 2 November 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →