3-bed · 1,856 sqftAl Majara Tower 3, Dubai Marina · 9th floor · completed 2006

903, Al Majara Tower 3

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 3M30 October 2023
Current rentAED 258K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Al Majara Tower 3

What is 903 worth today?

Last sold for AED 3,000,000 in 2023

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20 Aug 2024RentedNew contract
AED 257,500/yr12 months · AED 139 per sqft
20 Aug 2024RentedNew contract
AED 257,500/yr12 months · AED 139 per sqft
30 Oct 2023SoldReady
AED 3,000,000AED 1,616 per sqft
20 Aug 2023RentedNew contract
AED 250,000/yr12 months · AED 135 per sqft
22 Nov 2021SoldReady
AED 2,725,000AED 1,468 per sqft
13 Oct 2021SoldReady
AED 2,100,000AED 1,131 per sqft
15 Oct 2018RentedNew contract
AED 198,450/yr24 months · AED 107 per sqft
18 Mar 2013Sold by developerReady
AED 1,555,800AED 838 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
1,856 sqft
Floor
9th of 9
Parking
413 , 414
Developer
Emaar
Completed
2006
Service charge
AED 28,000 /yr
Last sold
AED 3M · October 2023

About 903, Al Majara Tower 3

903 is a three-bedroom apartment of 1,856 sqft on the 9th floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 30 October 2023 for AED 3,000,000, or AED 1,616 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 August 2024, is AED 257,500 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 28,000 a year.

3-beds in Al Majara Tower 3, and where 903 sits

All 2 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
1 Jul 20101,800,000
0 3-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 9th floor

All 55 units in Al Majara Tower 3
Value
9012-bedAED 2.77M · Jun 2023
9023-bedAED 1.8M · Jul 2010
9042-bedAED 2.35M · Jul 2017

903, Al Majara Tower 3 in numbers

  • Sold 4 times: first on 18 March 2013 for AED 1,555,800, last on 30 October 2023 for AED 3,000,000 (AED 1,616 per sqft).
  • Rented since October 2018 on 4 Ejari contracts, from AED 198,450 to AED 257,500 a year.
  • At AED 257,500 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 28,000 a year (AED 15.11 per sqft).

Source: Dubai Land Department. Updated 20 August 2024.

Questions about 903, Al Majara Tower 3

What did unit 903 last sell for?

AED 3,000,000 on 30 October 2023: AED 1,616 per sqft for 1,856 sqft. The unit has 4 registered sales; the first was AED 1,555,800 in March 2013.

What is the rent for unit 903?

AED 257,500 a year on the contract signed on 20 August 2024. The previous contract, from August 2024, was AED 257,500; the unit has been rented since October 2018.

How big is unit 903?

1,856 sqft (172.4 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower completed in 2006.

What is unit 903 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 903, Al Majara Tower 3

Starts from the last sale price (AED 3M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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