303, Al Majara Tower 5
Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Al Majara Tower 5
What is 303 worth today?
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Source: Dubai Land Department. Updated 2 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 893 sqft
- Floor
- 3rd of 7
- Parking
- 141
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.1M · February 2009
- Building
- Al Majara Tower 5
About 303, Al Majara Tower 5
303 is a one-bedroom apartment of 893 sqft on the 3rd floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 12 February 2009 for AED 1,100,000, or AED 1,231 per sqft, 33% above the AED 924 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 2 February 2024, is AED 86,000 a year: a gross yield of 7.8% on the 2009 price, before the service charge of about AED 13,500 a year.
Sales and rents for 303 over time
303 has sold once; the dashed line is the one-bed median of each year in the building.
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 303 sits
All 21 1-beds →303 last sold in February 2009 at AED 1,231 per sqft, 33% above what one-beds in Al Majara Tower 5 were fetching at the time (AED 924). 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. 303's AED 86,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,119 sqft | 2,645,000 | 2,363 | ||
| 20 May 202520 May 2025 | 1,119 sqft | 1,950,000 | 1,742 | ||
| 8 Apr 20258 April 2025 | 1,151 sqft | 2,150,000 | 1,867 | ||
| 12 May 202312 May 2023 | 834 sqft | 1,470,000 | 1,762 |
Al Majara Tower 5
Building53 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%
Other units on the 3rd floor
All 53 units in Al Majara Tower 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 684 sqft | AED 600KAED 600,000 · Mar 2022March 2022 | 149,198 /yr | |
| 302 | 2-bed | 1,517 sqft | AED 1.1MAED 1,100,800 · Jul 2010July 2010 | 116,883 /yr | |
| 304 | 1-bed | 834 sqft | AED 533KAED 532,800 · Jun 2015June 2015 | 102,000 /yr | |
| 305 | 3-bed | 2,164 sqft | AED 2.2MAED 2,200,000 · Aug 2008August 2008 | ||
| 306 | 1-bed | 1,119 sqft | AED 1.95MAED 1,950,000 · May 2025May 2025 | 90,000 /yr |
303, Al Majara Tower 5 in numbers
- Sold once: by Emaar on 12 February 2009 for AED 1,100,000, or AED 1,231 per sqft.
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2022 and recovered to AED 86,000 by February 2024.
- At AED 86,000 a year the gross yield on the 2009 price is 7.8%, before a service charge of about AED 13,500 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 2 February 2024.
Questions about 303, Al Majara Tower 5
What did unit 303 last sell for?
AED 1,100,000 on 12 February 2009, sold by the developer: AED 1,231 per sqft for 893 sqft. It is the only registered sale of the unit.
What is the rent for unit 303?
AED 86,000 a year on the contract renewed on 2 February 2024. The previous contract, from February 2024, was AED 86,000; the unit has been rented since January 2018.
How big is unit 303?
893 sqft (83.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2006.
What is unit 303 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 303, Al Majara Tower 5
Starts from the last sale price (AED 1.1M, 12 February 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →