1-bed · 1,119 sqftAl Majara Tower 5, Dubai Marina · 3rd floor · completed 2006

306, Al Majara Tower 5

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 20 May 2025
Last soldAED 1.95M20 May 2025
Current rentAED 90K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Al Majara Tower 5

What is 306 worth today?

Last sold for AED 1,950,000 in 2025

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20 May 2025SoldReady
AED 1,950,000AED 1,742 per sqft
21 Mar 2024RentedRenewal
AED 90,000/yr12 months · AED 80 per sqft
21 Mar 2024RentedRenewal
AED 90,000/yr12 months · AED 80 per sqft
21 Mar 2023RentedRenewal
AED 84,000/yr12 months · AED 75 per sqft
21 Sep 2022RentedRenewal
AED 84,000/yr6 months · AED 75 per sqft
21 Sep 2021RentedNew contract
AED 84,000/yr12 months · AED 75 per sqft
30 Jun 2021RentedNew contract
AED 83,077/yr3 months · AED 74 per sqft
23 Jan 2017RentedRenewal
AED 120,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 20 May 2025.

Key facts

Type
1-bed apartment
Size
1,119 sqft
Floor
3rd of 7
Parking
143
Developer
Emaar
Completed
2006
Service charge
AED 16,900 /yr
Last sold
AED 1.95M · May 2025

About 306, Al Majara Tower 5

306 is a one-bedroom apartment of 1,119 sqft on the 3rd floor of Al Majara Tower 5, a 7-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 20 May 2025 for AED 1,950,000, or AED 1,742 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 21 March 2024, is AED 90,000 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 16,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Al Majara Tower 5
1M2M2008201320182023Typical 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, May 2013: AED 738,800 (AED 660 per sqft)Sold, June 2015: AED 1,751,500 (AED 1,565 per sqft)Sold, May 2025: AED 1,950,000 (AED 1,742 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in Al Majara Tower 5
75K100K125K2013201720212025Typical 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, May 2013: AED 115,000 a yearNew contract, May 2014: AED 120,750 a yearNew contract, January 2016: AED 130,000 a yearRenewal, January 2017: AED 120,000 a yearNew contract, June 2021: AED 83,077 a yearNew contract, September 2021: AED 84,000 a yearRenewal, September 2022: AED 84,000 a yearRenewal, March 2023: AED 84,000 a yearRenewal, March 2024: AED 90,000 a yearRenewal, March 2024: AED 90,000 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 306 sits

All 21 1-beds →

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. 306's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20262,645,000
8 Apr 20252,150,000
12 May 20231,470,000
27 Apr 20221,330,888
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 3rd floor

All 53 units in Al Majara Tower 5
Value
3012-bedAED 600K · Mar 2022
3022-bedAED 1.1M · Jul 2010
3031-bedAED 1.1M · Feb 2009
3041-bedAED 533K · Jun 2015
3053-bedAED 2.2M · Aug 2008

306, Al Majara Tower 5 in numbers

  • Sold 3 times: first on 23 May 2013 for AED 738,800, last on 20 May 2025 for AED 1,950,000 (AED 1,742 per sqft).
  • Rented since May 2013 on 10 Ejari contracts, from AED 115,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 4.6%, before a service charge of about AED 16,900 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 20 May 2025.

Questions about 306, Al Majara Tower 5

What did unit 306 last sell for?

AED 1,950,000 on 20 May 2025: AED 1,742 per sqft for 1,119 sqft. The unit has 3 registered sales; the first was AED 738,800 in May 2013.

What is the rent for unit 306?

AED 90,000 a year on the contract renewed on 21 March 2024. The previous contract, from March 2024, was AED 90,000; the unit has been rented since May 2013.

How big is unit 306?

1,119 sqft (104.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2006.

What is unit 306 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 306, Al Majara Tower 5

Starts from the last sale price (AED 1.95M, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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