2-bed · 1,367 sqftAl Majara Tower 5, Dubai Marina · 4th floor · completed 2006

401, Al Majara Tower 5

Sold prices and rental history: sold once, by the developer in February 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 12 February 2009
Last soldAED 1.8M12 February 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Al Majara Tower 5

What is 401 worth today?

Last sold for AED 1,800,000 in 2009

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12 Feb 2009Sold by developerReady
AED 1,800,000AED 1,316 per sqft

Source: Dubai Land Department. Updated 12 February 2009.

Key facts

Type
2-bed apartment
Size
1,367 sqft
Floor
4th of 7
Parking
144
Developer
Emaar
Completed
2006
Service charge
AED 20,700 /yr
Last sold
AED 1.8M · February 2009

About 401, Al Majara Tower 5

401 is a two-bedroom apartment of 1,367 sqft on the 4th 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 1,800,000, or AED 1,316 per sqft, 56% above the AED 841 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Al Majara Tower 5
1M2M2008201320182023Typical sale price by year: 2008 AED 1,245,300; 2009 AED 1,140,800; 2010 AED 1,142,800; 2012 AED 1,068,844; 2013 AED 2,575,000; 2015 AED 1,855,000; 2024 AED 2,600,000Sold by developer, February 2009: AED 1,800,000 (AED 1,316 per sqft)

401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Al Majara Tower 5
120K140K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 137,500; 2014 AED 152,000; 2015 AED 145,000; 2016 AED 145,720; 2017 AED 146,641; 2018 AED 140,000; 2019 AED 135,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 115,000; 2023 AED 132,500; 2024 AED 142,500; 2025 AED 143,950; 2026 AED 149,198

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

2-beds in Al Majara Tower 5, and where 401 sits

All 24 2-beds →

401 last sold in February 2009 at AED 1,316 per sqft, 56% above what two-beds in Al Majara Tower 5 were fetching at the time (AED 841). Over the last 12 months two-beds sold for AED 1,980,000 to 2,990,000, around AED 2,062 per sqft, and rent for AED 107,395 to 210,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20261,980,000
24 Aug 20262,990,000
3 Sep 20243,000,000
10 Jul 20242,600,000
2 2-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 4th floor

All 53 units in Al Majara Tower 5
Value
4022-bedAED 2.6M · Jul 2024
4031-bedAED 1.15M · Apr 2021
4041-bedAED 541K · Jul 2010
4053-bedAED 3.25M · Dec 2017
4061-bedAED 1.15M · Dec 2009

401, Al Majara Tower 5 in numbers

  • Sold once: by Emaar on 12 February 2009 for AED 1,800,000, or AED 1,316 per sqft.
  • Two-beds in Al Majara Tower 5 sold for AED 1,980,000–2,990,000 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 12 February 2009.

Questions about 401, Al Majara Tower 5

What did unit 401 last sell for?

AED 1,800,000 on 12 February 2009, sold by the developer: AED 1,316 per sqft for 1,367 sqft. It is the only registered sale of the unit.

How big is unit 401?

1,367 sqft (127.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2006.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 5 sold for AED 1,980,000 to 2,990,000 in the last 12 months, around AED 2,062 per sqft.

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Mortgage on 401, Al Majara Tower 5

Starts from the last sale price (AED 1.8M, 12 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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