701, Al Majara Tower 3
Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Al Majara Tower 3
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 7th of 9
- Parking
- 422 , 423
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 1.11M · March 2008
- Building
- Al Majara Tower 3
About 701, Al Majara Tower 3
701 is a two-bedroom apartment of 1,401 sqft on the 7th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 11 March 2008 for AED 1,108,800, or AED 791 per sqft, 98% above the AED 399 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 25 April 2026, is AED 150,000 a year: a gross yield of 13.5% on the 2008 price, before the service charge of about AED 21,200 a year.
Sales and rents for 701 over time
701 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 701 sits
All 35 2-beds →701 last sold in March 2008 at AED 791 per sqft, 98% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 399). 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. 701's AED 150,000 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 7th floor
All 55 units in Al Majara Tower 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 869 sqft | AED 1.48MAED 1,480,000 · Apr 2018April 2018 | ||
| 703 | 2-bed | 1,386 sqft | AED 1.04MAED 1,036,800 · Oct 2015October 2015 | 123,000 /yr | |
| 704 | 2-bed | 1,386 sqft | AED 1.07MAED 1,065,800 · Jul 2010July 2010 | 110,000 /yr | |
| 705 | 1-bed | 443 sqft | AED 600KAED 600,000 · Jan 2021January 2021 | 110,000 /yr | |
| 706 | 2-bed | 1,401 sqft | AED 2.18MAED 2,180,000 · May 2018May 2018 | 167,000 /yr |
701, Al Majara Tower 3 in numbers
- Sold once: by Emaar on 11 March 2008 for AED 1,108,800, or AED 791 per sqft.
- Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 150,000 by April 2026.
- At AED 150,000 a year the gross yield on the 2008 price is 13.5%, 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 25 April 2026.
Questions about 701, Al Majara Tower 3
What did unit 701 last sell for?
AED 1,108,800 on 11 March 2008, sold by the developer: AED 791 per sqft for 1,401 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 150,000 a year on the contract signed on 25 April 2026. The previous contract, from February 2026, was AED 178,500; the unit has been rented since January 2015.
How big is unit 701?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2006.
What is unit 701 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 701, Al Majara Tower 3
Starts from the last sale price (AED 1.11M, 11 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,108,800
- Deposit, UAE resident (20%)
- AED 221,760
- Deposit, non-resident (40%)
- AED 443,520
- Monthly over 25 years at 3.7%
- AED 4,536
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →