G04, Al Majara Tower 3
Sold prices and rental history: sold twice, last in May 2021, 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 G04, Al Majara Tower 3
What is G04 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- Apartment
- Size
- 1,111 sqft
- Floor
- Ground of 9
- Parking
- 232
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1M · May 2021
- Building
- Al Majara Tower 3
About G04, Al Majara Tower 3
G04 is an apartment of 1,111 sqft on the ground floor of Al Majara Tower 3, a 9-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 5 May 2021 for AED 1,000,000, or AED 900 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 95,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 16,800 a year.
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 ground floor
All 55 units in Al Majara Tower 3G04, Al Majara Tower 3 in numbers
- Sold twice: first on 26 October 2008 for AED 657,888, last on 5 May 2021 for AED 1,000,000 (AED 900 per sqft).
- Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 82,000 in 2019 and recovered to AED 95,000 by August 2024.
- At AED 95,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 16,800 a year (AED 15.11 per sqft).
Source: Dubai Land Department. Updated 1 August 2024.
Questions about G04, Al Majara Tower 3
What did unit G04 last sell for?
AED 1,000,000 on 5 May 2021: AED 900 per sqft for 1,111 sqft. The unit has 2 registered sales; the first was AED 657,888 in October 2008.
What is the rent for unit G04?
AED 95,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2024, was AED 95,000; the unit has been rented since April 2015.
How big is unit G04?
1,111 sqft (103.2 sqm): an apartment on the ground floor of a 9-storey tower completed in 2006.
What is unit G04 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 G04, Al Majara Tower 3
Starts from the last sale price (AED 1M, 5 May 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →