1-bed · 926 sqftAl Majara Tower 5, Dubai Marina · 1st floor · completed 2006

106, Al Majara Tower 5

Sold prices and rental history: sold twice, last in August 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 18 August 2021
Last soldAED 890K18 August 2021
Current rentAED 48K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Al Majara Tower 5

What is 106 worth today?

Last sold for AED 890,000 in 2021

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18 Aug 2021SoldReady
AED 890,000AED 961 per sqft
1 Feb 2019RentedNew contract
AED 48,000/yr60 months · AED 52 per sqft
1 Feb 2018RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
22 Nov 2011Sold by developerReady
AED 560,800AED 605 per sqft

Source: Dubai Land Department. Updated 18 August 2021.

Key facts

Type
1-bed apartment
Size
926 sqft
Floor
1st of 7
Parking
150
Developer
Emaar
Completed
2006
Service charge
AED 14,000 /yr
Last sold
AED 890K · August 2021

About 106, Al Majara Tower 5

106 is a one-bedroom apartment of 926 sqft on the 1st floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 18 August 2021 for AED 890,000, or AED 961 per sqft, 16% below the AED 1,139 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 February 2019, is AED 48,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 14,000 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Al Majara Tower 5
500K1M1.5M2008201220162020Typical sale price by year: 2008 AED 750,800; 2009 AED 980,000; 2010 AED 633,300; 2013 AED 1,535,000; 2015 AED 1,154,200; 2016 AED 1,480,000; 2021 AED 950,000Sold by developer, November 2011: AED 560,800 (AED 605 per sqft)Sold, August 2021: AED 890,000 (AED 961 per sqft)

106 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, each contractTypical one-bed in Al Majara Tower 5
50K100K2013201720212025Typical rent by year: 2013 AED 89,880; 2014 AED 114,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 120,000; 2018 AED 98,000; 2019 AED 88,500; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 79,500; 2023 AED 95,000; 2024 AED 109,500; 2025 AED 107,000; 2026 AED 108,000New contract, February 2018: AED 48,000 a yearNew contract, February 2019: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Majara Tower 5, and where 106 sits

All 21 1-beds →

106 last sold in August 2021 at AED 961 per sqft, 16% below what one-beds in Al Majara Tower 5 were fetching at the time (AED 1,139). Over the last 12 months one-beds sold for AED 2,645,000, around AED 2,363 per sqft, and rent for AED 85,000 to 150,000 a year. 106's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20262,645,000
20 May 20251,950,000
8 Apr 20252,150,000
12 May 20231,470,000
1 1-bed sale in the last 12 months

Al Majara Tower 5

Building

53 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2006 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 2,354
Typical sale
AED 2.65M
Typical rent
AED 135K /yr
Typical yield
4.7%
Al Majara Tower 5, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 53 units in Al Majara Tower 5
Value
1012-bedAED 2.4M · Sep 2018
1022-bedAED 2.5M · Apr 2008
1031-bedAED 1.54M · Jul 2013
1041-bedAED 507K · Feb 2015
1051-bedAED 935K · Jan 2009
1071-bedAED 551K · Aug 2008
1083-bedAED 5.4M · Mar 2025
1–7 of 8

106, Al Majara Tower 5 in numbers

  • Sold twice: first on 22 November 2011 for AED 560,800, last on 18 August 2021 for AED 890,000 (AED 961 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 14,000 a year (AED 15.11 per sqft).
  • One-beds in Al Majara Tower 5 sold for AED 2,645,000–2,645,000 in the 12 months to November 2026; the building's median across all types is AED 2,354 per sqft.

Source: Dubai Land Department. Updated 18 August 2021.

Questions about 106, Al Majara Tower 5

What did unit 106 last sell for?

AED 890,000 on 18 August 2021: AED 961 per sqft for 926 sqft. The unit has 2 registered sales; the first was AED 560,800 in November 2011.

What is the rent for unit 106?

AED 48,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2018, was AED 48,000.

How big is unit 106?

926 sqft (86.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2006.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Majara Tower 5 sold for AED 2,645,000 to 2,645,000 in the last 12 months, around AED 2,363 per sqft.

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Mortgage on 106, Al Majara Tower 5

Starts from the last sale price (AED 890K, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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