3-bed · 2,164 sqftAl Majara Tower 5, Dubai Marina · 2nd floor · completed 2006

205, Al Majara Tower 5

Sold prices and rental history: sold once, by the developer in May 2011, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 7 October 2020
Last soldAED 1.29M16 May 2011
Current rentAED 100K /yr7 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Al Majara Tower 5

What is 205 worth today?

Last sold for AED 1,290,800 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
16 May 2011Sold by developerReady
AED 1,290,800AED 596 per sqft

Source: Dubai Land Department. Updated 7 October 2020.

Key facts

Type
3-bed apartment
Size
2,164 sqft
Floor
2nd of 7
Parking
149 , 349
Developer
Emaar
Completed
2006
Service charge
AED 32,700 /yr
Last sold
AED 1.29M · May 2011

About 205, Al Majara Tower 5

205 is a three-bedroom apartment of 2,164 sqft on the 2nd floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 16 May 2011 for AED 1,290,800, or AED 596 per sqft, in line with the AED 596 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2020. The current contract, signed on 7 October 2020, is AED 100,000 a year: a gross yield of 7.8% on the 2011 price, before the service charge of about AED 32,700 a year.

Sales and rents for 205 over time

Rents
Unit 205, each contractTypical three-bed in Al Majara Tower 5
100K200K2015201820212024Typical rent by year: 2015 AED 110,000; 2020 AED 135,000; 2021 AED 155,000; 2022 AED 210,000; 2024 AED 238,000New contract, October 2020: AED 100,000 a year

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

3-beds in Al Majara Tower 5, and where 205 sits

All 7 3-beds →

205 last sold in May 2011 at AED 596 per sqft, in line with what three-beds in Al Majara Tower 5 were fetching at the time (AED 596).

Recent 3-bed salesUnit no.Price (AED)Summary
9 Sep 20254,300,000
12 Mar 20255,400,000
12 Aug 20223,400,000
24 Dec 20173,245,961
0 3-bed sales 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 2nd floor

All 53 units in Al Majara Tower 5
Value
2012-bedAED 583K · Jul 2010
2022-bedAED 2.9M · Aug 2014
2031-bedAED 600K · Aug 2008
2041-bedAED 525K · Jul 2010
2061-bedAED 726K · Jul 2010

205, Al Majara Tower 5 in numbers

  • Sold once: by Emaar on 16 May 2011 for AED 1,290,800, or AED 596 per sqft.
  • Rented since October 2020 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 7.8%, before a service charge of about AED 32,700 a year (AED 15.11 per sqft).

Source: Dubai Land Department. Updated 7 October 2020.

Questions about 205, Al Majara Tower 5

What did unit 205 last sell for?

AED 1,290,800 on 16 May 2011, sold by the developer: AED 596 per sqft for 2,164 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 100,000 a year on the contract signed on 7 October 2020.

How big is unit 205?

2,164 sqft (201.0 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2006.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 205, Al Majara Tower 5

Starts from the last sale price (AED 1.29M, 16 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,800
Deposit, UAE resident (20%)
AED 258,160
Deposit, non-resident (40%)
AED 516,320
Monthly over 25 years at 3.7%
AED 5,281

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