706, Al Majara Tower 3
Sold prices and rental history: sold twice, last in May 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Al Majara Tower 3
What is 706 worth today?
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Source: Dubai Land Department. Updated 17 May 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 7th of 9
- Parking
- 434 , 435
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 21,200 /yr
- Last sold
- AED 2.18M · May 2018
- Building
- Al Majara Tower 3
About 706, Al Majara Tower 3
706 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. It last sold on 17 May 2018 for AED 2,180,000, or AED 1,555 per sqft, 13% above the AED 1,381 two-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 August 2017, is AED 167,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 21,200 a year.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 35 2-beds →706 last sold in May 2018 at AED 1,555 per sqft, 13% above what two-beds in Al Majara Tower 3 were fetching at the time (AED 1,381). 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. 706's AED 167,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,401 sqft | AED 1.11MAED 1,108,800 · Mar 2008March 2008 | 150,000 /yr | |
| 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, Al Majara Tower 3 in numbers
- Sold twice: first on 8 January 2008 for AED 523,400, last on 17 May 2018 for AED 2,180,000 (AED 1,555 per sqft).
- Rented since August 2016 on 2 Ejari contracts, at AED 167,000 a year.
- At AED 167,000 a year the gross yield on the 2018 price is 7.7%, 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 17 May 2018.
Questions about 706, Al Majara Tower 3
What did unit 706 last sell for?
AED 2,180,000 on 17 May 2018: AED 1,555 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 523,400 in January 2008.
What is the rent for unit 706?
AED 167,000 a year on the contract signed on 1 August 2017. The previous contract, from August 2016, was AED 167,000.
How big is unit 706?
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 706 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 706, Al Majara Tower 3
Starts from the last sale price (AED 2.18M, 17 May 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,180,000
- Deposit, UAE resident (20%)
- AED 436,000
- Deposit, non-resident (40%)
- AED 872,000
- Monthly over 25 years at 3.7%
- AED 8,919
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →