506, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in August 2013, 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 506, Al Majara Tower 3
What is 506 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 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 5th of 9
- Parking
- 247 , 238
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 999K · August 2013
- Building
- Al Majara Tower 3
About 506, Al Majara Tower 3
506 is a two-bedroom apartment of 1,401 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 19 August 2013 for AED 998,800, or AED 712 per sqft, in line with the AED 712 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 155,045 a year: a gross yield of 15.5% on the 2013 price, before the service charge of about AED 21,200 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 35 2-beds →506 last sold in August 2013 at AED 712 per sqft, in line with what two-beds in Al Majara Tower 3 were fetching at the time (AED 712). 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. 506's AED 155,045 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 | ||
| 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 | |
| 505 | 1-bed | 869 sqft | AED 625KAED 625,000 · Nov 2009November 2009 | 105,000 /yr |
506, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 19 August 2013 for AED 998,800, or AED 712 per sqft.
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 115,000 in 2022 and recovered to AED 155,045 by September 2026.
- At AED 155,045 a year the gross yield on the 2013 price is 15.5%, before a service charge of about AED 21,200 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 15 September 2026.
Questions about 506, Al Majara Tower 3
What did unit 506 last sell for?
AED 998,800 on 19 August 2013, sold by the developer: AED 712 per sqft for 1,401 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 155,045 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 155,045; the unit has been rented since August 2014.
How big is unit 506?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2006.
What is unit 506 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 506? 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 506, Al Majara Tower 3
Starts from the last sale price (AED 999K, 19 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 998,800
- Deposit, UAE resident (20%)
- AED 199,760
- Deposit, non-resident (40%)
- AED 399,520
- Monthly over 25 years at 3.7%
- AED 4,086
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →