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2-bed · 1,401 sqftAl Majara Tower 3, Dubai Marina · 6th floor · completed 2006

601, Al Majara Tower 3

Sold prices and rental history: sold once, by the developer in June 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 3 June 2012
Last soldAED 1.65M3 June 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 601, Al Majara Tower 3

What is 601 worth today?

Last sold for AED 1,650,500 in 2012

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3 Jun 2012Sold by developerReady
AED 1,650,500AED 1,178 per sqft

Source: Dubai Land Department. Updated 3 June 2012.

Key facts

Type
2-bed apartment
Size
1,401 sqft
Floor
6th of 9
Parking
419 , 420
Developer
Emaar
Completed
2006
Service charge
AED 21,200 /yr
Last sold
AED 1.65M · June 2012
Building
Al Majara Tower 3

About 601, Al Majara Tower 3

601 is a two-bedroom apartment of 1,401 sqft on the 6th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 3 June 2012 for AED 1,650,500, or AED 1,178 per sqft, 17% above the AED 1,010 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Al Majara Tower 3
1M2M2008201220162020Typical sale price by year: 2008 AED 1,250,000; 2009 AED 1,200,000; 2010 AED 903,444; 2011 AED 1,141,944; 2012 AED 1,525,250; 2013 AED 910,800; 2015 AED 1,936,913; 2017 AED 1,825,000; 2018 AED 2,050,000; 2019 AED 1,480,000; 2022 AED 2,025,000Sold by developer, June 2012: AED 1,650,500 (AED 1,178 per sqft)

601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in Al Majara Tower 3
100K150K2013201720212025Typical rent by year: 2013 AED 135,000; 2014 AED 160,000; 2015 AED 161,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 137,500; 2019 AED 123,250; 2020 AED 105,000; 2021 AED 107,500; 2022 AED 120,000; 2023 AED 143,000; 2024 AED 155,000; 2025 AED 162,500; 2026 AED 155,000

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 601 sits

All 35 2-beds →

601 last sold in June 2012 at AED 1,178 per sqft, 17% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,010). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20263,700,000
12 Dec 20252,550,000
16 Jun 20252,925,000
19 Sep 20243,275,000
2 2-bed sales in the last 12 months

Al Majara Tower 3

Building

55 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%
Al Majara Tower 3, Dubai Marina: prices, sales and rents →

Other units on the 6th floor

All 55 units in Al Majara Tower 3
Value
6021-bedAED 735K · Jun 2008
6032-bedAED 1.05M · Mar 2011
6042-bedAED 3.28M · Sep 2024
6051-bedAED 1.88M · Nov 2008
6062-bedAED 2M · Jun 2012

601, Al Majara Tower 3 in numbers

  • Sold once: by Emaar on 3 June 2012 for AED 1,650,500, or AED 1,178 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 June 2012.

Questions about 601, Al Majara Tower 3

What did unit 601 last sell for?

AED 1,650,500 on 3 June 2012, sold by the developer: AED 1,178 per sqft for 1,401 sqft. It is the only registered sale of the unit.

How big is unit 601?

1,401 sqft (130.2 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2006.

What is unit 601 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 601, Al Majara Tower 3

Starts from the last sale price (AED 1.65M, 3 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,500
Deposit, UAE resident (20%)
AED 330,100
Deposit, non-resident (40%)
AED 660,200
Monthly over 25 years at 3.7%
AED 6,753

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →